Weyerhaeuser announces leadership changes

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Apr 14, 2014, 07:55 ET

FEDERAL WAY, Wash., April 14, 2014 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced a number of changes to its leadership team.

Devin Stockfish will become senior vice president, general counsel and corporate secretary, succeeding Sandy McDade, senior vice president, general counsel, who will retire in July. Kristen Sawin has been named vice president, Government Relations, Environment, Health and Safety, and will report to Stockfish. Sara Kendall, vice president, Corporate Affairs and Sustainability, will retire May 2.

Denise Merle's role will expand to senior vice president, Human Resources and Investor Relations, after Kathy McAuley, vice president, Investor Relations, retires in August. Beth Baum has been named director, Investor Relations, effective immediately. Patty Bedient, executive vice president and chief financial officer, continues to have overall accountability for investor relations.

"Devin, Denise, Kristen and Beth have each demonstrated a tremendous ability to get results and I look forward to the leadership and energy they will bring to their new roles," said Doyle Simons, president and CEO. "I want to thank Sandy, Kathy and Sara for the significant contributions they've made throughout their many years of service to the company, and I wish them well in retirement."

About Devin Stockfish
Devin W. Stockfish has served as the company's corporate secretary and assistant general counsel since June 2013. Before joining Weyerhaeuser, he was vice president & associate general counsel at Univar Inc. where he focused on mergers and acquisitions, corporate governance and securities law. Previously, he was an attorney in the law department at Starbucks Corporation and practiced corporate law at K&L Gates LLP. Before he began practicing law, Mr. Stockfish was an engineer with The Boeing Company. He received his J.D. from Columbia University School of Law and holds a Bachelor of Science degree in mechanical engineering from the University of Colorado.

About Denise Merle
Denise M. Merle has been senior vice president, Human Resources, since February 2014. She was director, Finance and Human Resources for the Lumber business since 2013. Prior to that role, she was director, Compliance & Enterprise Planning from 2009 to 2013, and director of Internal Audit from 2004 to 2009. She held various roles in the company's paper and packaging businesses, including finance, capital planning and analysis, and business development. She joined the company in 1981. She is a licensed CPA in the state of Washington. She holds a Bachelor of Accounting from Pacific Lutheran University and an MBA from Seattle University.

About Kristen Sawin
Kristen H. Sawin has been director, Public Policy and Environment, since December 2013. Prior to that role, she was the director of Regional, Federal & International Affairs. Sawin joined Weyerhaeuser in 2005 from the Association of Washington Business where she served as the Government Affairs Director for Environmental Policy from 2000 to 2005. Prior to joining AWB, she was owner of The Harte Group, which provided consulting services on legislative and regulatory issues. Sawin is a graduate of Pacific Lutheran University with a Bachelor of Arts in Communications with a Public Relations emphasis and Minor in Political Science.

About Beth Baum
Elizabeth L. (Beth) Baum has been Weyerhaeuser's manager, Financial Planning, since 2010. Prior to that, she held various roles in financial and capital planning and analysis. She joined the company in 2006. She holds a Bachelor of Science in Engineering for Mechanical Engineering from Princeton University, and a Masters in Business Administration from Duke University. She serves a commissioner and chair of the audit committee for the Washington State Housing Finance Commission.

About Weyerhaeuser
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control nearly 7 million acres of timberlands, primarily in the U.S., and manage another 14 million acres under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood and cellulose fibers products, and we develop real estate, primarily as a builder of single-family homes. Our company is a real estate investment trust. In 2013, we generated $8.5 billion in sales and employed approximately 13,700 people who serve customers worldwide. We are listed on the Dow Jones World Sustainability Index. Our common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

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For more information contact:
Media – Anthony Chavez, 253-924-7148
Analysts – Kathryn McAuley, 253-924-2058

SOURCE Weyerhaeuser Company