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Rayonier CEO Lee Thomas to Appear on CNBC
JACKSONVILLE, Fla.-(Business Wire)-August 12, 2008 - Rayonier (NYSE:RYN) chairman, president and CEO Lee Thomas will be featured tomorrow morning as a guest on CNBC's live business show "Squawk Box," to discuss the economy and energy.
The show will be guest hosted by Southern Company CEO David Ratcliffe, who has invited Thomas to participate in an informal interview slated to air between 7:30 a.m. and 7:45 a.m. Thomas is expected to talk about the U.S. forest products industry and its significance in establishing viable alternative energy solutions. He may also comment on other economic topics, including the effects of current energy prices on manufacturing and the effect of a competitive dollar upon the export market.
Before joining Rayonier in 2007, Thomas was president of Georgia-Pacific, and has previously served as chairman of the Law Companies Environmental Group Inc. and administrator of the U.S. Environmental Protection Agency.
About Rayonier
Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers. The company owns, leases or manages 2.6 million acres of timber and land in the United States and New Zealand. The company's real estate development subsidiary, TerraPointe LLC, maximizes the value of its extensive higher-and-better use properties, particularly in the fast-growing counties along Interstate 95 between Savannah, Georgia, and Daytona Beach, Florida, where Rayonier owns approximately 200,000 acres. Rayonier is structured as a real estate investment trust. More at www.rayonier.com.
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