Rayonier Announces BODs for Rayonier Inc., Rayonier Advanced Materials
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Rayonier, Jacksonville, Fla., USA, this week announced members of the boards of directors for Rayonier Inc. and Rayonier Advanced Materials Inc., following completion of Rayonier’s previously announced separation of its Performance Fibers business, which will be operated as Rayonier Advanced Materials. The post-separation boards will include:
Rayonier (the company’s current Forest Resources and Real Estate business)
- Richard D. Kincaid, chairman
- John A. Blumberg
- Governor John Ellis (Jeb) Bush
- Dod A. Fraser
- Scott R. Jones
- Senator Blanche L. Lincoln
- V. Larkin Martin
- David L. Nunes, CEO
- David W. Oskin
- Paul G. Boynton, chairman
- C. David Brown, II, lead director
- DeLyle W. Bloomquist
- Mark E. Gaumond
- James F. Kirsch
- Lisa M. Palumbo
- James H. Miller
- Thomas I. Morgan
- Ronald Townsend
In addition to Nunes and the 10 directors currently serving on Rayonier’s board, the new boards will include seven new professionals with a broad range of expertise.
John A. Blumberg has served as co-founder and principal of Black Creek Group LLC, a real estate investment firm, since 1993. He has also served since 2002 as co-founder and chairman of Mexico Retail Properties. With more than 30 years of real estate acquisition, development, and redevelopment experience, Blumberg will assist the Rayonier board in overseeing Rayonier’s real estate business and development opportunities.
Dod A. Fraser has been president of consulting firm Sackett Partners Inc. since 2000. From 1995 to 2000, he served as managing director and group executive, Global Oil and Gas, for Chase Manhattan Bank (now JPMorgan Chase). From 1978 to 1995, he held various positions of increasing responsibility with Lazard Freres & Co., most recently as general partner. With substantial experience in debt and equity markets, bank markets, mergers and acquisitions, and risk oversight, Fraser will contribute strongly to the Rayonier board’s oversight of Rayonier’s overall financial performance, reporting, and controls.
Scott R. Jones has been co-president of forest investment firm Forest Capital Partners since 2000. Prior to joining Forest Capital Partners, he was president and CEO at Timberland Growth Corp., a timberland REIT joint venture, from 1998 to 2000, and director, business development and acquisitions at The John Hancock Mutual Life Insurance Co. from 1988 to 1998. With significant expertise in forest management, technology, and innovations, as well as forest and real estate investments, Jones will assist the Rayonier board in its timber and real estate investment decisions and oversee management of its forest resources and real estate businesses.
Senator Blanche L. Lincoln has served since 2013 as the founder and principal of Lincoln Policy Group, a consulting firm helping companies navigate the legislative and regulatory processes of the federal government. From 2011 to 2013, she was a special policy advisor at the law firm Alston & Bird LLP. Lincoln is a former U.S. senator for Arkansas (1999 to 2011) and a former U.S. representative for Arkansas (1993 to 1997). She served as chair of the U.S. Senate Committee on Agriculture, Nutrition, and Forestry, and was a member of the U.S. Senate Committee on Finance, Committee on Energy, and Natural Resources and the U.S. House Committee on Energy and Commerce, Committee on Agriculture, and Committee on Natural Resources (formerly House Committee on Merchant Marine and Fisheries).
DeLyle W. Bloomquist has served since 2008 as president, Global Chemical Business of Tata Chemicals. From 2004 to 2008, he was president and CEO of General Chemical Industrial Products, which was acquired by Tata Chemicals in 2008. With more than 20 years of chemicals industry experience, including finance, sales, logistics, operations, IT, strategy and business development, Bloomquist will assist Rayonier Advanced Materials in operational and strategic decisions.
James F. Kirsch served from 2006 to 2012 as chairman, president, and CEO of Ferro Corp., a producer of specialty materials and chemicals. He joined Ferro in 2004 as its president and COO. Prior to that, from 2002 through 2004, he served as president of Quantum Composites Inc., a manufacturer of thermoset molding compounds, parts, and sub-assemblies. Kirsch started his career with The Dow Chemical Co., where he spent 19 years and held various positions of increasing responsibility, including global business director of Propylene Oxide and Derivatives and global VP of Electrochemicals. As a former chairman, president, and CEO of a NYSE-listed company, Kirsch will bring CEO-level insight to the Rayonier Advanced Materials board.
Lisa M. Palumbo has served since 2008 as SVP, general counsel, and secretary of Parsons Brinckerhoff Group Inc., a global consulting firm providing planning, design, construction, and program management services for critical infrastructure projects. Prior to that, Palumbo served as SVP, general counsel, and secretary of defense technology company EDO Corp. from 2002 to 2008. From 1997 to 2001, she was VP, general counsel, and secretary of Rayonier. With more than 27 years of legal experience with international and public companies, Palumbo will bring to the Rayonier Advanced Materials’ board substantial expertise in law, corporate governance, enterprise risk management, health and safety, and compliance.
