Rayonier names post-spinoff chief

|By:, SA News Editor

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.