News Room
Daniel S. Fulton Elected President, Weyerhaeuser Company
PRNewswire-FirstCall
FEDERAL WAY, Wash.
Dec 13, 2007
Weyerhaeuser Company (NYSE: WY) today announced that the board of directors has elected Daniel S. Fulton, 59, president effective Jan. 1, 2008. In his new role, Fulton will oversee operations and a number of staff functions. He retains his position as president, Weyerhaeuser Real Estate Company.
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Fulton will report to Steven R. Rogel, chairman and chief executive officer. Also reporting to Rogel are Patricia M. Bedient, executive vice president and chief financial officer and Sandy D. McDade, senior vice president and general counsel. All other members of Weyerhaeuser's senior management team will report to Fulton.
"We are fortunate to have a deep bench of proven leadership talent to draw upon as we move forward with our efforts to enhance shareholder value," Rogel said. "Dan is an effective leader who has demonstrated a clear understanding of our company and industry. He has been a key member of our senior management team for many years and the board and I are confident that he is the right person to take on this important role. The board and I look forward to having Dan work closely with us going forward."
About Daniel S. Fulton
Dan Fulton has been president of Weyerhaeuser Real Estate Company, a subsidiary of the company, since 2001. He was president and chief executive officer of Weyerhaeuser Realty Investors, Inc., a subsidiary of the company, from 1998 to 2000; its chief operating officer from 1996 to 1997; and its chief investment officer from 1994 to 1995. He joined Weyerhaeuser in 1975 and has held various management and investment positions with the company and its subsidiaries.
Fulton graduated with a Bachelor of Arts degree in economics from Miami University (Ohio) in 1970. He received a Master of Business Administration degree in finance from the University of Washington in 1976, and he completed the Stanford University Executive Program in 2001.
About Weyerhaeuser
Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2006, sales were $21.9 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/.
For more information contact: Media -- Bruce Amundson (253) 924-3047 Analysts -- Kathryn McAuley (253) 924-2058
First Call Analyst:
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SOURCE: Weyerhaeuser Company
CONTACT: Media, Bruce Amundson, +1-253-924-3047, Analysts, Kathryn
McAuley, +1-253-924-2058, both of Weyerhaeuser Company
Web site: http://www.weyerhaeuser.com/