Rayonier Names Boynton President and COO
09 Setembro 2010 - 4:00PM
Business Wire
Rayonier (NYSE:RYN) today announced that Paul G. Boynton has
been elected president and chief operating officer by the company’s
board of directors, effective October 1. Boynton will report to Lee
M. Thomas, chairman and CEO.
Boynton will be responsible for all of Rayonier’s operating
businesses. He will maintain oversight for Rayonier’s Forest
Resources business, which sustainably manages nearly 2.5 million
acres of timberland in the U.S. and New Zealand, and for the Real
Estate business, which manages the thousands of acres of land with
potential for commercial, residential, conservation or recreational
uses. Boynton will also resume responsibility for the Performance
Fibers business, a global leader in the manufacture of
high-performance specialty cellulose fibers.
Boynton joined the company in 1999 and currently serves as
executive vice president, Forest Resources and Real Estate. Prior
to that, he was senior vice president, Performance Fibers and Wood
Products. Boynton holds a Bachelor of Science in mechanical
engineering from Iowa State University, a Master of Business
Administration from the University of Iowa, and graduated from the
Harvard University Graduate School of Business Advanced Management
Program. He is also a director of The Brinks Company, a global
security services company with operations in more than 50
countries.
“Paul’s strong track record and leadership experience in each of
our three core businesses make him uniquely qualified to assume
overall operational responsibility,” commented Thomas. “I look
forward to working with Paul as we execute our strategy to maximize
value from a growing timberland base and to produce the world’s
highest quality cellulose products.”
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.
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 Interstate 95 corridor between
Savannah, Ga., and Daytona Beach, Fla. Its Performance Fibers
business is one of the world's leading producers of high-value
specialty cellulose fibers. Approximately 45 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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