Rayonier recently announced that Paul G. Boynton has been elected president and chief operating officer by the company's board of directors, effective October 1. Boynton will report to Lee M. Thomas, chairman and CEO.
Boynton will be responsible for all of Rayonier's operating businesses. He will maintain oversight for Rayonier's Forest Resources business, which sustainably manages nearly 2.5 million acres of timberland in the U.S. and New Zealand, and for the Real Estate business, which manages the thousands of acres of land with potential for commercial, residential, conservation or recreational uses. Boynton will also resume responsibility for the Performance Fibers business, a global leader in the manufacture of high-performance specialty cellulose fibers.
Boynton joined the company in 1999 and currently serves as executive vice president, Forest Resources and Real Estate. Prior to that, he was senior vice president, Performance Fibers and Wood Products. Boynton holds a Bachelor of Science in mechanical engineering from Iowa State University, a Master of Business Administration from the University of Iowa, and graduated from the Harvard University Graduate School of Business Advanced Management Program. He is also a director of The Brinks Company, a global security services company with operations in more than 50 countries.
"Paul's strong track record and leadership experience in each of our three core businesses make him uniquely qualified to assume overall operational responsibility," commented Thomas. "I look forward to working with Paul as we execute our strategy to maximize value from a growing timberland base and to produce the world's highest quality cellulose products."
