Plum Creek Legacy News Releases

Plum Creek Institutes Ian B. Davidson Annual Scholarship

May 26, 2009

PLUM CREEK INSTITUTES IAN B. DAVIDSON ANNUAL SCHOLARSHIP
Whitefish High School Student Trenna Brown Receives Inaugural Scholarship

COLUMBIA FALLS, Mont.--May 26, 2009--Plum Creek today announced the creation of the Ian B. Davidson Scholarship to honor the former board chairman for his 20 years of dedicated service to the company. Davidson served as Plum Creek’s chairman of the board from 2005 until his recent retirement from the board in May.

The Ian B. Davidson Scholarship will be awarded each year to the highest-rated Montana high school senior among participants in the Plum Creek scholarship program. The recipient will receive $5,000 for the first year of study. The scholarship is renewable at $1,000 annually for three additional years of study.

“Ian’s loyalty and dedicated service to Plum Creek, its employees and the Montana community are unparalleled,” said Rick Holley, president and chief executive officer. “This scholarship also recognizes Ian’s ongoing philanthropic work, most notably in the Montana community, as well as his strong support of education. Establishing this scholarship in his name is a fine tribute to him and will help carry on his legacy.”

Ian B. Davidson is longtime chairman and former chief executive officer of Davidson Companies and its best-known subsidiary, D.A. Davidson & Co.  Employee-owned Davidson Companies, based in Great Falls, is a financial services company with more than 1,000 employees working in 18 states.

Plum Creek awards several scholarships to exemplary high school seniors who plan to continue their education after graduation.  Students are selected based on their academic achievements, participation in extracurricular activities and career goals.

The Ian B. Davidson inaugural scholarship was awarded to Whitefish High School student Trenna Brown. The National Merit Scholar plans to attend Brigham Young University – Idaho in Rexburg, Idaho in the fall to pursue a degree in history.  While in high school, she was a member of National Honor Society, percussion ensemble and the Readers Club.  She also worked with disabled children at The Child Development Center in Kalispell. Her interests include writing, cooking, playing piano, reading, swing dancing, sewing and history.  She is the daughter of Chris and Sylvia Brown.

This year, Plum Creek awarded 109 scholarships to high school seniors around the country totaling $141,000.  Thirty-three of these scholarships were awarded to students in Montana totaling $53,000.  

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Plum Creek is the largest and most geographically diverse private landowner in the nation with approximately 7 million acres of timberlands in major timber producing regions of the United States and wood products manufacturing facilities in the Northwest.  In Montana, Plum Creek practices sustainable forestry on approximately 1 million acres throughout the western part of the state.  For more information on Plum Creek in Montana, visit www.plumcreek.com/montana.

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