Rayonier names post-spinoff chief

David Nunes will join Rayonier (RYN +0.8%) on June 9 as COO and - upon the mid-year separation of the performance fibers unit - will become CEO of Rayonier. Current Chairman and CEO Paul Boynton will become Chairman and CEO of the spun-off Rayonier Advanced Materials.

Nunes has been CEO of Pope Resources (POPE) since 2002.

Comments (2)
  • watermark302
    , contributor
    Comments (415) | Send Message
    Surprising announcement. Why would Boynton want to manage a cigarette filter manufacturing facility? Not much pizazz in a forest products REIT maybe, but a belching heavy industry has no glitter at all.
    12 May 2014, 03:29 PM Reply Like
  • PKCasimir
    , contributor
    Comments (41) | Send Message
    Maybe they showed him the money!
    13 May 2014, 04:30 PM Reply Like
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