Potlatch appoints John Moody lead director
Jan 19, 2009. /Lesprom.com/. Potlatch Corporation has appointed John Moody as lead independent director on the Potlatch Board of Directors.
Jan 19, 2009. /Lesprom.com/. Potlatch Corporation has appointed John Moody as lead independent director on the Potlatch Board of Directors, the company said in a statement received by Lesprom Network. Moody succeeds Dr. William T. Weyerhaeuser, who resigned from the Potlatch Board in December 2008 to join the Clearwater Paper Corporation board upon the completion of the spin-off of Clearwater Paper from Potlatch.
Moody, age 60, has been a member of the Potlatch Board since 2006. He is the President of Proterra Management, LLC, which is the general partner and manager of Proterra Realty Fund, LTD. He is also a Board member for Huron Consulting Group, Inc.
The Potlatch Board now consists of nine members following the departure of Dr. Weyerhaeuser and Michael T. Riordan, who both joined the Clearwater Paper Board.
“John Moody is a strong leader with extensive executive experience in the REIT sector. He will serve the company and shareholders well in his new role,” said Michael J. Covey, Chairman, President and CEO of Potlatch.
Potlatch is a Real Estate Investment Trust (REIT) with approximately 1.6 million acres of timberland in Arkansas, Idaho, Minnesota and Wisconsin. Potlatch, a verified forest practices leader is committed to providing superior returns to stockholders through long-term stewardship of its forest resources.