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Hossain to exchange Russell Hagen, who’s retiring on the finish of 2024
SEATTLE, Nov. 11, 2024 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) these days introduced the appointment of Paul Hossain as senior vice chairman and leading construction officer, efficient January 1, 2025. On this function, he’ll keep watch the corporate’s Actual Property, Power & Herbal Assets branch, together with its Herbal Circumstance Answers industry, in addition to Industry Building and Acquisitions and Divestitures. Hossain these days serves as vice chairman of Herbal Assets and Circumstance Answers for the corporate. He’ll be taking on for Russell Hagen, who’s retiring on the finish of 2024 however will grant as a strategic guide to help the management transition.
“Paul brings deep and diverse experience in environmental and natural resource management, real estate and business development, including more than 18 years in our industry,” mentioned Devin Stockfish, president and leading govt officer. “Mostly recently, he has played an instrumental role in building and scaling our Natural Climate Solutions business — including driving significant growth in renewable energy development and carbon capture and sequestration projects on our land — and we look forward to his expertise and strategic vision on the senior management team.”
“This is a tremendous honor and opportunity,” Hossain mentioned. “We have extensive expertise within our Corporate Development organization, from real estate and A&D to business development, conservation, forest carbon and renewable energy. And I’m excited to leverage our unique advantages as a fully integrated forest products company as we work to grow the value of our portfolio and build on our positive climate impact at Weyerhaeuser.”
“I also want to congratulate Russell on his retirement and thank him for his outstanding leadership and contributions to our company,” Stockfish mentioned. “Between his roles as chief financial officer and leading our Corporate Development organization, Russell has significantly elevated our internal capabilities at Weyerhaeuser — particularly around portfolio analytics and climate solutions — and we are grateful for all he has done to grow the business and position us to capitalize on emerging opportunities for our company.”
ABOUT PAUL HOSSAIN
Paul Hossain joined Weyerhaeuser in 2016 thru a merger with Plum Creek, and he has greater than 3 a long time of enjoy in control, industry construction and engineering. At Weyerhaeuser, Hossain has held a order of determined management roles in herbal sources, power, actual property and condition answers — maximum just lately overseeing the improvement of power, minerals, and carbon seize and sequestration tasks inside the corporate’s Company Building group. Hossain is a registered Skilled Engineer and a Board-Qualified Environmental Engineer, and he serves at the board of the U.S. Endowment for Forestry and Communities. He earned a bachelor of science in civil engineering from Northeastern College, and he additionally finished govt control methods on the College of Washington and Emory College.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, some of the global’s greatest personal homeowners of timberlands, started operations in 1900 and these days owns or controls roughly 10.5 million acres of timberlands within the U.S., in addition to 14 million acres of timberlands controlled beneath long-term licenses in Canada. Weyerhaeuser has been an international chief in sustainability for greater than a century and manages 100% of its timberlands on an absolutely sustainable foundation in compliance with the world over known sustainable forestry requirements. Weyerhaeuser could also be some of the greatest producers of wood products in North The united states and operates supplementary industry strains round real estate, climate solutions, power and herbal sources, amongst others. In 2023, the corporate generated $7.7 billion in web gross sales and hired roughly 9,300 population who grant consumers international. Operated as an actual property funding consider, Weyerhaeuser’s regular hold trades at the Brandnew York Retain Change beneath the logo WY. Be told extra at www.weyerhaeuser.com.
For more info touch:
Weyerhaeuser
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342
SOURCE Weyerhaeuser Corporate
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