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Weyerhaeuser Announces Agreement to Sell 145,000 Acres of Timberlands in Washington s North Cascades, Completes Acquisition of Southwest Alabama Timberlands

Weyerhaeuser Announces Agreement to Sell 145,000 Acres of Timberlands in Washington s North Cascades, Completes Acquisition of Southwest Alabama Timberlands News provided by Share this article SEATTLE, April 30, 2021 /PRNewswire/   Weyerhaeuser Company (NYSE: WY) today announced the completion of its acquisition of 69,200 acres of high-quality Alabama timberlands from Soterra, a subsidiary of Greif, Inc., for approximately $149 million earlier this week. Separately, the company announced an agreement to sell 145,000 acres of timberlands in the North Cascades region of Washington to Hampton Resources for $266 million. The company expects to recognize a gain on the sale and anticipates no tax liability in conjunction with this transaction.

Weyerhaeuser Appoints Nancy Loewe as Chief Financial Officer

Weyerhaeuser Appoints Nancy Loewe as Chief Financial Officer News provided by Share this article SEATTLE, Feb. 17, 2021 /PRNewswire/   Weyerhaeuser Company (NYSE: WY) today announced the appointment of Nancy S. Loewe as senior vice president and chief financial officer, effective March 8, 2021. Loewe joins Weyerhaeuser from Visa, where she served as senior vice president of finance, and she brings more than 20 years of financial and operating experience across multiple industries. Her appointment follows the company s previous announcement that Russell Hagen is taking on a new role as senior vice president and chief development officer, overseeing the company s Real Estate, Energy & Natural Resources segment, as well as Business Development and Acquisitions and Divestitures.

Weyerhaeuser Company Declares Dividend on Common Shares

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