Rayonier Elects Boynton President, COO

Rayonier, Jacksonville, Fla., USA, this past week announced that Paul G. Boynton has been elected president and COO by the company's board of directors, effective October 1. Boynton will report to Lee M. Thomas, chairman and CEO.

Boynton will be responsible for all of Rayonier's operating businesses. He will maintain oversight for Rayonier's Forest Resources business, which sustainably manages nearly 2.5 million acres of timberland in the U.S. and New Zealand, and for the Real Estate business, which manages the thousands of acres of land with potential for commercial, residential, conservation, or recreational uses. Boynton will also resume responsibility for the company's global Performance Fibers business.

Boynton joined the company in 1999 and currently serves as EVP, Forest Resources and Real Estate. Prior to that, he was SVP, Performance Fibers and Wood Products. He holds a Bachelor of Science in mechanical engineering from Iowa State University, a Master of Business Administration from the University of Iowa, and graduated from the Harvard University Graduate School of Business Advanced Management Program.

"Paul's strong track record and leadership experience in each of our three core businesses make him uniquely qualified to assume overall operational responsibility," commented Thomas. "I look forward to working with Paul as we execute our strategy to maximize value from a growing timberland base and to produce the world's highest quality cellulose products."

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