Rayonier Announces Executive Promotions
02 Novembro 2009 - 11:30AM
Business Wire
Rayonier (NYSE:RYN) today announced the following executive
promotions, effective immediately:
- Paul G. Boynton is promoted to
executive vice president, Forest Resources and Real Estate. In this
newly created position Boynton will be responsible for Rayonier’s
Forest Resources business which manages nearly 2.5 million acres of
timberland in nine U.S. states and New Zealand. He will also assume
responsibility for Rayonier’s Real Estate business and the
thousands of acres that have greater economic potential for
residential and commercial development, recreation, conservation,
or public infrastructure. Boynton joined the company in 1999 and
most recently served as senior vice president, Performance Fibers
& Wood Products.
- Jack M. Kriesel is promoted to
senior vice president, Performance Fibers, taking the position
previously held by Boynton and assuming responsibility for
Rayonier’s industry-leading manufacturing of high purity,
high-performance specialty cellulose fibers, and the production of
absorbent materials fibers. Prior to this promotion, Kriesel was
vice president, marketing, research and strategic sourcing in the
Performance Fibers group. Kriesel has been with Rayonier since
1978.
Both Boynton and Kriesel will report to Lee M. Thomas,
Rayonier’s chairman, president and CEO.
In addition, Timothy H. Brannon, previously senior vice
president, Forest Resources, has announced his retirement. Brannon
has agreed to remain onboard until March 2010 as senior vice
president, special projects. In this role, Brannon will lead a
number of strategic initiatives, including Rayonier’s opportunities
in bio-energy. Brannon joined Rayonier in 1972, and has held a
variety of positions in operations, sales and marketing, and
executive administration in the Forest Resources, Wood Products and
Performance Fibers businesses.
“The promotions of Paul and Jack are well-deserved, and I look
forward to working with them in their new roles as we continue
positioning Rayonier to achieve the best results for our
shareholders, our customers and our employees,” said Thomas. “We
can’t thank Tim enough for his years of service and the great
contributions he has made to our organization. It has been our good
fortune to have dedicated executives like Paul, Tim and Jack at
Rayonier.”
For further information, visit the company’s web site at
www.rayonier.com. Complimentary copies of Rayonier press releases
and other financial documents are available by calling
1-800-RYN-7611.
About Rayonier
Rayonier is a leading international forest products company with
three core businesses: Timber, Real Estate and Performance Fibers.
The company owns, leases or manages 2.5 million acres of timber and
land in the United States 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 one of the world’s leading producers
of high-value specialty cellulose fibers. Approximately 40 percent
of the company’s sales are outside the U.S. to customers in
approximately 40 countries. Rayonier is structured as a real estate
investment trust. More information is available at
www.rayonier.com.
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