Business

Rayonier and PotlatchDeltic Announce Closing of Merger of Equals

WILDLIGHT, Fla., January 30, 2026--Rayonier (NYSE: RYN) today announced the closing of its merger with PotlatchDeltic Corporation. The combined company owns over four million acres of geographically diverse timberland in the United States, and operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program.

articleRayonier Inc. ReitJanuary 30, 20264/company/rayonier-inc/news/rayonier-potlatchdeltic-announce-closing-merger-223000184
Rayonier and PotlatchDeltic Announce Closing of Merger of Equals

About this update from Rayonier Inc. Reit

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/bdd5db6857a933e2dca02d9df11b04f6"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fd3F0liKSNfML.x38XjdIw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/bdd5db6857a933e2dca02d9df11b04f6","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/sZkre8f19xyqWUZjjs.1Cw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/bdd5db6857a933e2dca02d9df11b04f6","width":1024,"height":512}},"lazy":false},{"type":"text","content":"WILDLIGHT, Fla., January 30, 2026--(BUSINESS WIRE)--Rayonier (NYSE: RYN) today announced the closing of its merger with PotlatchDeltic Corporation. The combined company owns over four million acres of geographically diverse timberland in the United States, and operates six sawmills, an industrial-grade plywood mill, residential and commercial real estate developments, and a rural land sales program.","length":402,"tagName":"p"},{"type":"text","content":"Mark McHugh, President and Chief Executive Officer of Rayonier, said, "We are excited to close this strategic merger of equals, and we are confident that combining these two exceptional land resources companies will generate meaningful value creation for our shareholders and other stakeholders."","length":306,"tagName":"p"},{"type":"text","content":"Leadership, Board Composition, and Name","length":39,"tagName":"p"},{"type":"text","content":"The senior leadership team of the combined company comprises roughly equal representation of top talent from both Rayonier and PotlatchDeltic. The new senior leadership team consists of Mark D. McHugh (President and Chief Executive Officer), Wayne Wasechek (EVP and Chief Financial Officer), Mark R. Bridwell (EVP, General Counsel & Corporate Secretary), Ashlee Townsend Cribb (EVP, Wood Products), W. Rhett Rogers (EVP, Land Resources), Christopher T. Corr (SVP, Real Estate Development), Robert L. Schwartz (SVP and Chief Human Resources Officer), April J. Tice (SVP and Chief Accounting Officer), and Anna E. Torma (SVP and Chief Sustainability Officer).","length":661,"tagName":"p"},{"type":"text","conte...

More updates from Rayonier Inc. Reit

RayonierMark McHughChief Executive Officerland resourcescombined companyMark D. McHughChief Sustainability OfficerChief Human Resources Officerrural land sales programCorporate Governance CommitteeChief Financial OfficerReal Estate Development