To enhance its ability to serve customers and position the company for future international growth, Weyerhaeuser Company (NYSE: WY) today announced that the company's board of directors has elected Lee T. Alford to the position of senior vice president, Residential Wood Products, and William R. Corbin to the position of executive vice president, Industrial Wood Products and International.

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Both positions report directly to Richard E. Hanson, chief operating officer, and are effective July 5.

Alford, who has served as vice president, Softwood Lumber since April 2002, will be responsible for Softwood Lumber, Structurwood (OSB), Weyerhaeuser Building Materials, Trus Joist, Southern Plywood, Western Veneer and Plywood and Residential Market Development. He will continue to lead the Softwood Lumber organization until a successor is named. Alford joined Weyerhaeuser from the Cavenham Forest Industries acquisition in 1996 as vice-president, Mississippi/Louisiana Operations. In 1999 he became vice-president, Southern Timberlands.

Corbin will take on management responsibilities for Weyerhaeuser Forestlands International, Weyerhaeuser Asia and European Wood Products. As well, he will continue to be responsible for Northwest Hardwoods, the British Columbia Coastal Group and Composites. Corbin joined Weyerhaeuser from International Paper in 1992 to become executive vice president, Wood Products. He also held the position executive vice president, Timberlands, from 1995 to 1998.

"Aligning our wood products businesses to target market segments will enhance our ability to effectively deliver products and services to all our customers," said Steven R. Rogel, chairman, president and chief executive officer. "At the same time, this move supports our strategy to continue growing internationally by aligning international Wood Products and Timberlands operations under one leader.

"Both Bill and Lee are outstanding leaders with a vision of where we need to evolve to enhance our ability to compete in the global marketplace," Rogel said. "This new structure also supports our efforts to build tomorrow's team by creating opportunities and continuity in executive succession planning."

Weyerhaeuser Company, one of the world's largest integrated forest products companies, was incorporated in 1900. In 2003, sales were $19.9 billion. It has offices or operations in 18 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://www.weyerhaeuser.com/ .

CONTACT: Media, Bruce Amundson, +1-253-924-3047, or Analysts, Kathryn McAuley, +1-253-924-2058, both of Weyerhaeuser Company.

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SOURCE: Weyerhaeuser Company

CONTACT: CONTACT: Media, Bruce Amundson, +1-253-924-3047, or
Analysts, Kathryn McAuley, +1-253-924-2058, both of Weyerhaeuser Company

Web site: http://www.weyerhaeuser.com/