Rayonier Announces the Election of Meridee A. Moore and Matthew J. Rivers to its Board of Directors
19 Janeiro 2021 - 11:15AM
Business Wire
Senator Blanche L. Lincoln retires from
board
Rayonier Inc. (NYSE:RYN) announced today that Meridee A. Moore
and Matthew J. Rivers have been elected to its Board of
Directors.
Senator Blanche L. Lincoln asked to retire from the board due to
time constraints with family responsibilities and has resigned
contemporaneously with these appointments.
Ms. Moore is Founder, Chief Executive and Chief Investment
Officer of alternative asset manager Watershed Asset Management,
LLC. Prior to founding Watershed Asset Management in 2002, Ms.
Moore served as a Partner and Portfolio Manager for Farallon
Capital Management, LLC from 1992 to 2002. She has been a member of
the board of directors of Nextgen Climate America, a
California-based climate policy non-profit, since 2014, and
BlackRock Capital Investment Corporation since 2017. She previously
served on the boards of PG&E Corporation, Northstar Capital
Investment Corporation and AMF Bowling Worldwide. She received her
bachelor’s degree in philosophy and general studies from the
University of Colorado and a J.D. from Yale Law School.
Mr. Rivers is currently Director of Alternative Fuel Origination
at Drax Group plc, London. Prior to his current post, Mr. Rivers
served as Drax Group Special Advisor from 2017 to 2020, as Director
of Corporate Affairs from 2016 to 2017, and as Director of Fuel
Procurement, Drax Power, Yorkshire and USA from 2011 to 2016. Mr.
Rivers is a Fellow of the Institute of Chartered Foresters and a
Chartered Environmentalist. He has extensive forestry,
sustainability, biomass and wood supply chain experience in the
United States, Europe and South America. Mr. Rivers received his
bachelor’s degree in forestry from Aberdeen University and an MBA
from Strathclyde University.
“Meridee and Matthew will add breadth and perspective to the
Rayonier board,” said Dod A. Fraser, Chairman of the Board. “With
their addition, the board will gain extensive expertise in
environmental sustainability, supply chain dynamics and a window on
industry and environmental issues in Europe. These appointments are
part of our ongoing efforts to enhance the board’s industry
expertise and will provide valuable perspective as we continue to
deliver on our long-term strategic objectives, including becoming
the industry leader in transparent ESG disclosure.”
Mr. Fraser added, “We regret but respect Blanche’s desire to
retire from the board and thank her for her significant
contributions and dedication over the past six years. We will miss
her and wish her well in her future endeavors.”
These elections fill the vacancies that result from Senator
Lincoln’s resignation and the death of the Company’s former
Chairman last year. The board now has nine members: eight
independent members and the CEO. Ms. Moore has been appointed to
serve on the Board’s Compensation Committee and Nominating and
Corporate Governance Committee. Mr. Rivers has been appointed to
serve on the Board’s Audit Committee and Nominating and Corporate
Governance Committee.
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, 2020, Rayonier owned or leased under long-term
agreements approximately 2.7 million acres of timberlands located
in the U.S. South (1.75 million acres), U.S. Pacific Northwest
(507,000 acres) and New Zealand (416,000 acres). The Company also
acts as the managing member in a private equity timber fund
business with three funds comprising approximately 141,000 acres.
On a “look-through basis”, the Company’s ownership in the timber
fund business equates to approximately 17,000 acres. More
information is available at www.rayonier.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210119005646/en/
Rayonier Inc. Investors / Media Mark McHugh, 904-357-9100
investorrelations@rayonier.com
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