SEATTLE, Feb 10, 2010 (BUSINESS WIRE) -- Plum Creek Timber Company, Inc., (NYSE: PCL) today announced that Marc F. Racicot will join the company's board of directors, effective March 1, 2010.
Racicot was president and chief executive officer of the American Insurance Association from 2005 through 2009. Prior to that, he was a partner in the law firm of Bracewell & Giuliani, LLP. He served as governor of the state of Montana from 1993 to 2001.
"Marc's impressive background as an experienced statesman and leader, along with his deep roots in the state of Montana will be of great value to Plum Creek," said Rick Holley, president and chief executive officer. "We are very pleased that he has agreed to join our board."
Racicot serves on the boards of Allied Capital Corporation, The Avista Corp., Burlington Northern Santa Fe Corporation and Massachusetts Mutual Life Insurance Company.
Racicot earned a bachelor's degree in English from Carroll College in Helena, Montana, and a law degree from the University of Montana. For many years, Racicot has been involved in numerous nonprofit enterprises including United Way, Jobs for America's Graduates and the board of visitors for the University of Montana School of Law.
Racicot is the eighth independent member of Plum Creek's board, which is comprised of nine individuals.
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. For more information, visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.plumcreek.com&esheet=6174053&lan=en_US&anchor=www.plumcreek.com&index=1&md5=ce92b6802399d9c484d80eec7bfedee0.
SOURCE: Plum Creek Timber Company, Inc.
Plum Creek Timber Company, Inc.
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