When Dan Fulton took a big leap up the corporate ladder at Weyerhaeuser in January, becoming president of the diversified company, it was part of a paced succession plan to replace chairman and CEO Steve Rogel. Rogel, 65, who'd been chairman and CEO of the company since 1997, was set to retire in two years. Not five months later and the board of directors accelerated that plan, announcing late yesterday that Fulton was also to take on the role of CEO. Rogel will remain chairman in a non-executive role. More
Burrows will vacate his current position as president of Winchester Homes, a move-up home builder in the Washington, D.C., market, and take over as CEO of Weyerhaeuser's home building subsidiary on March 31. More
Will oversee operations as well as continue as president of the Weyerhaeuser Real Estate Company. More
KB Home (NYSE:KBH) today announced that Stephen F. Bollenbach, co-chairman and chief executive officer of Hilton Hotels Corporation, has been elected non-executive chairman of the board of KB Home. More
As larger-sized dimensional lumber becomes harder to find, manufacturers have... More
Part of Weyerhaeuser Co.'s Northwest holdings, the Snoqualmie Forest just east of Seattle, Wash., has long been the object of affection for conservationists. Weyerhaeuser gets $185 million for 104,000 acres in the Snoqualmie Forest, and the trust gets control over future development -- or the absence of it.Using a concept never before applied to a conservation purchase, the Trust intends to raise money to protect the acreage by issuing Community Forestry Bonds. Although no agreements have been made, Weyerhaeuser could end up being a buyer of the Trust's timber.After the transaction closes this summer, Weyerhaeuser will own 7.4 million acres of productive commercial timberland in the United States (including the acres acquired from its pending merger with Willamette Industries).BIG BUILDER Magazine, March 2002 More
If all manufacturers handled product defects the way these three companies did,... More
