Rayonier Announces Boards For Rayonier And Rayonier Advanced Materials

(RTTNews) - Rayonier (RYN) announced the members of the boards of directors for Rayonier Inc. and Rayonier Advanced Materials Inc. following completion of Rayonier's previously announced separation of its Performance Fibers business, which will be operated as Rayonier Advanced Materials.

As previously indicated, upon completion of the separation Boynton will become Chairman, President and CEO of Rayonier Advanced Materials, and David Nunes will assume the role of President and CEO of Rayonier. David Brown will be the Lead Director of Rayonier Advanced Materials and Richard Kincaid will serve as Chairman of the Rayonier board.

In addition to Nunes and the 10 directors currently serving on Rayonier's board, the new boards will include seven new highly accomplished professionals with a broad range of expertise.