Brannon to Lead Rayonier's Forest Resources, Wood Products Businesses.Business Editors JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jan. 22, 2002 Rayonier (NYSE NYSE See: New York Stock Exchange :RYN RYN Reply with Yes or No RYN Read Your Note RYN Return Your Note ) announced today it will name Timothy H. Brannon, Senior Vice President, Forest Resources and Wood Products, effective April 1, 2002. He will succeed William S. Berry, Executive Vice President, Forest Resources and Wood Products, who will retire on March 31, 2002. Brannon, currently Vice President, Asia Pacific, and Managing Director, Rayonier New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , will have responsibility in his new position for the company's 2.3 million acres of timber and land in the U.S. and N.Z., and its wood products and trading businesses. "During his 21 years with Rayonier, Bill Berry This article refers to the drummer. For other people named Bill Berry, see Bill Berry (disambiguation). William "Bill" Thomas Berry (born July 31, 1958) was the drummer in alternative rock band R.E.M. for 17 years, before retiring from the group and becoming a farmer. has provided strong leadership in a variety of senior management roles," said Lee Nutter, Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "In particular, his expertise in forest economics and timberland management has been instrumental in helping us maximize our timber and land investments while operating well within sustainable forestry Sustainable forestry is a forest management practice. The basic tenet of sustainable forestry is that the amount of goods and services yielded from a forest should be at a level the forest is capable of producing without degradation of the soil, watershed features or seed source principles. He has also been a long-time industry leader and is the current Chairman of the American Tree Farm National Operating Committee. The appointment of Tim Brannon, with his broad experience and strong management credentials, will provide a seamless transition and continuity to our ongoing efforts to grow earnings and increase shareholder value." Brannon joined Rayonier in 1972 at its Southern Wood Piedmont subsidiary where, after holding several positions in operations and marketing, he was named SWP's Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. in 1983 and President in 1992. Brannon was elected Vice President and Director of Rayonier's Performance Fibers Marketing and Sales in 1994 and to his current position in 1998. He received a BA in psychology from Tulane University in 1970 and graduated in 1998 from Harvard University's Advanced Management Program. Rayonier is the world's leading producer of high performance specialty cellulose fibers and has 2.3 million acres of timber in the United States and New Zealand. About half of Rayonier's sales are to international customers in 60 countries. |
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