Weyerhaeuser Investor Relations
Oct 1, 2010
FEDERAL WAY, October 1, 2010 — Weyerhaeuser Company (NYSE: WY) today announced that Ken Krivanec has been named president of Quadrant Homes, the company’s homebuilder in the Puget Sound region, effective immediately.
He succeeds Peter Orser who was named president of Weyerhaeuser Real Estate Company.
“I look forward to continuing to work closely with Ken as we both assume new roles,” Orser said. “Ken has an accomplished track record of brand development, customer focus and execution. He’s been a key driver in helping Quadrant achieve prominence as the state’s largest homebuilder.”
Krivanec began his career with Quadrant in 1999. A veteran of the homebuilding industry since 1988, Krivanec previously worked for Ivory Homes, Ryland Homes and KB Homes.
Mark Gray will serve as executive vice president and chief operating officer. Gray joined in 1991, serving in a variety of capacities. He has played an instrumental role in Quadrant adopting lean manufacturing principles focusing on quality and safety which has led to Quadrant’s recognition as a leader in the areas of green building, safe practices and disciplined schedule and quality management.
About Quadrant Homes
Quadrant Homes, a subsidiary of Weyerhaeuser Real Estate Company, is Washington State’s largest single-family homebuilder. The company is a former “Builder of the Year” by the Master Builders Association of King and Snohomish Counties, a “Best Place to Work” by Washington CEO magazine and one of “Washington’s Best Work Places” by the Puget Sound Business Journal. In addition, Quadrant is also recognized by the Environmental Protection Agency as an Energy Star qualified builder. Now in its 40th year, Quadrant Homes is currently building or developing new home communities in Pierce, King, Snohomish, Kitsap, Skagit and Thurston Counties. For more information, visit http://www.quadranthomes.com.
Weyerhaeuser Company, one of the world’s largest forest products companies, began operations in 1900. We grow and harvest trees, build homes and make a range of forest products essential to everyday lives. We manage our timberland on a sustainable basis in compliance with internationally recognized forestry standards. At the end of 2009, we employed approximately 14,900 employees in 10 countries. We have customers worldwide and generated $5.5 billion in sales in 2009. Our stock trades on the New York Stock exchange under the symbol WY. Additional information about us is available at http://www.weyerhaeuser.com.
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