Weyerhaeuser names new CEO
Federal Way, Wash.-based Weyerhaeuser has named Daniel Fulton president and CEO, effective immediately.
Fulton assumes the role of CEO, replacing Steven Rogel, who will remain as chairman of the company’s board of director’s in a non-executive role. Fulton has served as company president since Jan. 1.
“As we chart our course forward at this important juncture in the company’s history, it is critical for us to have Steve guiding the continuing implementation of our long-term strategy,” said Charles Williamson, lead director on the Weyerhaeuser board.
Prior to his role as president, Fulton served as president and CEO of Weyerhaeuser Real Estate since 2001. Fulton previously was president and CEO of Weyerhaeuser Realty Investors, a subsidiary of the company, from 1998 to 2000; its chief operating officer from 1996 to 1997; and its chief investment officer from 1994 to 1995. He joined Weyerhaeuser in 1975 and has held various management and investment positions with the company and its subsidiaries.
In related news, the forest products company announced Mark Emmert would join the company’s board of directors. Emmert is the president of the University of Washington and the former chancellor of Louisiana State University. He also served as chancellor of the University of Connecticut and held administrative and academic positions at the University of Colorado and Montana State University.
The company has also recently named Kevin Shearer vp-information technology and chief information officer, effective May 1.
Shearer joined the company in 1980, holding numerous positions in timberlands, corporate support and wood products. Shearer held leadership positions in information technology during the company’s acquisitions of several companies, including Cavenham, MacMillan Bloedel, Willamette and Trus-Joist. Since 2007, Shearer has served as vp-business operations. He will succeed Susan Mersereau who is retiring.
Weyerhaeuser is one of the world’s largest forest products companies with 2007 sales of $16.3 billion.