CatchMark Timber Trust, Inc. announced that CFO Brian M. Davis has been promoted to President and will continue his CFO responsibilities.
Barag has more than 35 years of real estate, timberland and investment experience, with expertise in acquisitions, divestitures, asset management, property management and financing. Prior to CatchMark, he served in leadership roles at TimberStar, Lend Lease Real Estate Investments, and Equitable Real Estate Investment Management.
Davis was appointed CatchMark's CFO in March 2013 after serving as Senior Vice President and CFO of Wells Timberland Management Organization. He had joined Wells as a Vice President in 2007 after serving in various senior roles at Atlanta-based SunTrust Bank focusing on capital solutions for middle-market and large-cap corporate clients. Davis has more than 25 years of experience in business and financial services, and has held key roles in finance, treasury, and strategy.
Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in 1.6 million acres of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina, Tennessee and Texas.