Rayonier Adds V. Larkin Martin to Board of Directors
07 Agosto 2007 - 9:30AM
Business Wire
Rayonier (NYSE:RYN) announced today that V. Larkin Martin, 43, has
been elected to its Board of Directors, effective August 6, 2007.
Since 1990, Martin has been the managing partner of Martin Farm and
Vice President of The Albemarle Corporation, Courtland, Alabama.
Both are family businesses with interests in agriculture and
timberland. She is chairman of the Board of Directors of the
Federal Reserve Bank of Atlanta and is a director and officer of
Servico, Inc. and Cottonseed, LLC, business operations that are
involved in cotton ginning, warehousing and whole cottonseed sales.
In addition, Martin is on the Boards of Directors of The Cotton
Board and the Business Council of Alabama and is a member of the
President�s Advisory Council of the University of Alabama in
Birmingham. She has a B.A. in European History from Vanderbilt
University �We are very pleased that Larkin has agreed to join our
Board,� said Lee M. Thomas, Chairman, President and Chief Executive
Officer. �Her hands-on experience running successful family
businesses with interests in agriculture and timberland, combined
with her macro economic insights, provide a unique perspective
which should prove especially valuable to Rayonier and our
shareholders.� Rayonier is a leading international forest products
company with three core businesses: Timber, Real Estate and
Performance Fibers. It owns, leases or manages 2.6 million acres of
timber and land in the U.S. and New Zealand. The company�s holdings
include approximately 200,000 acres with residential and commercial
development potential along the fast-growing Interstate 95 corridor
between Savannah, Georgia, and Daytona Beach, Florida. Its
Performance Fibers business is the world�s leading producer of
high-value specialty cellulose fibers. Approximately 40 percent of
the company�s sales are outside the U.S. to customers in more than
50 countries. Rayonier is structured as a Real Estate Investment
Trust. For further information, visit the company�s website at
www.rayonier.com. Complimentary copies of Rayonier press releases
and other financial documents are available by calling
1-800-RYN-7611.
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