Rayonier Announces the Election of Keith E. Bass to its Board of Directors
15 Dezembro 2017 - 7:15PM
Business Wire
Election Fills Vacancy Following Resignation of
John A. Blumberg
Rayonier Inc. (NYSE:RYN) announced today that Keith E. Bass has
been elected to its Board of Directors. Mr. Bass has also been
appointed to serve on the Board's Compensation Committee and
Nominating and Corporate Governance Committee.
Mr. Bass is currently managing partner of private investment
firm Mill Creek Capital LLC and a member of the board of directors
of Xenia Hotels and Resorts. Previously, Mr. Bass was President and
CEO at WCI Communities, Inc. until February 2017, and he also
served as President of Pinnacle Land Advisors, FL from 2011 to
2012. He received his bachelor's degree in business administration
from North Carolina Wesleyan College in Rocky Mount, North
Carolina.
Mr. Bass's election fills the vacancy that resulted from John A.
Blumberg's resignation from the Board. Mr. Blumberg resigned on
December 11, 2017 due to time constraints related to his other
business interests.
“Keith brings invaluable and extensive expertise in the real
estate industry,” said Richard D. Kincaid, Chairman of the Board.
“He is an excellent addition to our Board of Directors and will
provide valuable perspective as we continue to deliver on our
long-term strategic objectives.”
Mr. Kincaid added, “We would also like to thank John for his
significant contributions and dedication to the Board. We wish him
well on his future endeavors.”
About Rayonier
Rayonier is a leading timberland real estate investment trust
with assets located in some of the most productive softwood timber
growing regions in the United States and New Zealand. As of
September 30, 2017, Rayonier owned, leased or managed approximately
2.7 million acres of timberlands located in the U.S. South (1.90
million acres), U.S. Pacific Northwest (378,000 acres) and New
Zealand (429,000 acres). More information is available at
www.rayonier.com.
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Rayonier Inc.Investors/MediaMark McHugh,
904-357-9100investorrelations@rayonier.com
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