Weyerhaeuser Makes Leadership Changes
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Weyerhaeuser Co., Federal Way, Wash., USA, has announced immediate changes to the leadership of its timberlands, wood products, and real estate businesses, resulting in a leaner structure.
"The elimination of the Executive VP – Forest Products position increases my direct involvement in the businesses. I am committed to increasing profitability, reducing debt and returning value to shareholders, and I am confident that these changes will help us achieve these goals," said Dan Fulton, president and CEO. Leaders of the timberlands, wood products, cellulose fibers, and real estate businesses now report directly to Fulton.
Tom Gideon, previously EVP – Forest Products, now leads the company's timberland business. Gideon led the timberlands business from 2005 to 2007 and has held a number of leadership positions since joining Weyerhaeuser in 1978. Mike Branson, SVP – Timberlands, is retiring.
"Tom has served Weyerhaeuser in many roles and demonstrated his leadership capability," Fulton said. "Timberlands are our core asset, and the focus of our strategic direction. Tom is the right leader to guide the timberlands business with his deep understanding of our markets and geographies."
Larry Burrows, previously president and CEO of the Weyerhaeuser Real Estate Co. (WRECO), assumes the role of SVP – Wood Products. Burrows joined Weyerhaeuser in 1989 and has led WRECO since 2008.
"Larry has demonstrated his success in driving for substantive improvements to enhance business performance," Fulton said. "During the last two difficult years, he has brought WRECO back to profitability. He knows the market for our wood products business and has the unique experience of having been a wood products customer."
Peter Orser, previously president of Quadrant Corp. – Weyerhaeuser's homebuilding operation in the Puget Sound region, becomes president and CEO of WRECO. Orser joined Weyerhaeuser in 1987 and assumed leadership of Quadrant in 2003.
"Peter is well prepared to lead the WRECO family of companies," Fulton said. "He has demonstrated success in focusing, aligning, and building an effective team while still acknowledging significant product and market differences."
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