Articles

Weyerhaeuser CEO gets 2008 pay valued at $4.7M

 From ap.org
Dan S. Fulton, chief executive of timber and wood products company Weyerhaeuser Co., received compensation valued at $4.7 million in 2008, according to an Associated Press analysis of a report filed with the Securities and Exchange Commission earlier this month.Fulton, 60, has led the Seattle-based company since last May, received a salary of $792,427 and perks of $34,456. Most of the perks came as financial counseling. He also received stock awards and options valued at $3.9 million on the...Read Full Story

Weyerhaeuser CEO Steven Rogel Received $13.9 Million in 2007

By vivek231 on  From news.paperindex.com
(USA) Weyerhaeuser Co. Chief Executive Officer Steven Rogel received compensation valued at $13.9 million in 2007, essentially unchanged from the previous year, as the U.S. housing market slump pushed the lumber and packaging producer to a loss in the fourth quarter.1 Vote(s)Read Full Story

Williamson to Succeed Rogel as Weyerhaeuser Chairman

By vivek231 on  From news.paperindex.com
(USA) Weyerhaeuser has announced that the board of directors has elected Charles R. Williamson, 60, to become non-executive chairman following the planned retirement of Steven R. Rogel, 65, on April 15...1 Vote(s)Read Full Story

Rainforest Action Network Renews Call on Weyerhaeuser to Stop Buying Wood From Indigenous Conflict Zone

By vivek231 on  From news.paperindex.com
(USA) Rainforest Action Network (RAN) issued a letter to Weyerhaeuser CEO Steve Rogel calling on him to follow the lead of Boise Inc. and suspend his company's contract to buy wood from the traditional territory of the Grassy Narrows First Nation in northwest Ontario...1 Vote(s)Read Full Story

Weyerhaeuser CEO and CFO to Present at Citi Basic Materials Symposium

By vivek231 on  From news.paperindex.com
(USA) Steven R. Rogel, chairman, president and chief executive officer, and Patricia M. Bedient, executive vice president and chief financial officer, will represent Weyerhaeuser Company (NYSE: WY) at the Citi Basic Materials Symposium on Dec. 4 in New York City.1 Vote(s)Read Full Story

Fitch Cuts Weyerhaeuser Ratings to 'BBB-'; Outlook Negative

By vivek231 on  From news.paperindex.com
(USA) Fitch Ratings on Tuesday lowered Weyerhaeuser Co.'s issuer default rating and long-term senior unsecured debt rating to BBB- from BBB. "The current economic situation is proving more challenging to Weyerhaeuser's businesses than anticipated which will now likely...1 Vote(s)Read Full Story

International Paper Officially Takes Over Weyerhaeuser's Rochester Plant

By vivek231 on  From news.paperindex.com
(USA) International Paper Co. has officially taken over the Weyerhaeuser Co. plant at 200 Boxart St. in Rochester. The friendly takeover follows a March announcement that Federal Way, Wash.-based Weyerhaeuser was selling its division that makes container board and packaging.1 Vote(s)Read Full Story

S&P Revises Outlook for Domtar to "Positive"

By vivek231 on  From news.paperindex.com
(USA) Standard & Poor's Ratings Services has revised its outlook for Montreal-based Domtar Corp. to "positive" from "stable," citing the company's continued debt reduction efforts and successful integration of Weyerhaeuser Co.'s fine paper assets.1 Vote(s)Read Full Story

Weyerhaeuser Ratings Affirmed with Negative Outlook on Sale of Unit: S&P

By vivek231 on  From news.paperindex.com
(USA) Standard & Poor's Ratings Services affirmed all its ratings on Weyerhaeuser Co, including the 'BBB' corporate credit rating with a negative outlook, after the forest products company agreed to sell its containerboard unit to International Paper Co.1 Vote(s)Read Full Story

Weyerhaeuser Spent $580,000 Lobbying in Q1 2008

By vivek231 on  From news.paperindex.com
(USA) Weyerhaeuser Co., one of the world's largest timberland owners and wood products manufacturers, spent $580,000 in the first quarter on lobbying, according to a recent disclosure report.1 Vote(s)Read Full Story
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