SEATTLE, Feb. 17, 2021 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) at the moment introduced the appointment of Nancy S. Loewe as senior vp and chief monetary officer, efficient March 8, 2021. Loewe joins Weyerhaeuser from Visa, the place she served as senior vp of finance, and he or she brings greater than 20 years of monetary and working expertise throughout a number of industries. Her appointment follows the corporate’s previous announcement that Russell Hagen is taking over a brand new function as senior vp and chief growth officer, overseeing the corporate’s Actual Property, Vitality & Pure Assets phase, in addition to Enterprise Growth and Acquisitions and Divestitures.
“We’re thrilled to welcome Nancy as our chief monetary officer,” stated Devin W. Stockfish, president and chief govt officer. “Nancy has a powerful observe document of management in finance, technique and operations, each within the U.S. and internationally. Weyerhaeuser will profit from her broad trade expertise, from consumer-facing manufacturers to paper merchandise manufacturing, and we’re excited for the power and experience she’s going to convey to our management crew and firm.”
“That is an unbelievable alternative to hitch a gifted crew and workforce,” stated Loewe. “Weyerhaeuser has been an trade chief in sustainable forestry for greater than a century, and I am excited to assist construct on our historical past and efficiency within the years forward.”
ABOUT NANCY LOEWE
Nancy S. Loewe was most lately senior vp of finance for Visa, Inc. Beforehand, she was chief monetary officer for Kimberly-Clark Worldwide, after having served as chief technique officer and international treasurer for Kimberly-Clark Company. Previous to that, Loewe was govt vp and chief monetary officer for PepsiCo’s Frito-Lay North America enterprise unit. She additionally served in quite a lot of senior finance roles throughout her two-decade tenure with Common Electrical Firm, together with chief monetary officer for the Client & Industrial, Plastics Asia, and Healthcare Providers enterprise models.
Loewe earned an MBA from the Cox College of Enterprise at Southern Methodist College, and a Bachelor of Enterprise Administration on the whole enterprise and finance from the College of Massachusetts Amherst. She is a director for Cinemark Holdings, Inc. and in addition serves on the board of the Cox College of Enterprise.
Weyerhaeuser Company, one of many world’s largest personal homeowners of timberlands, started operations in 1900. We personal or management roughly 11 million acres of timberlands within the U.S. and handle extra timberlands below long-term licenses in Canada. We handle these timberlands on a sustainable foundation in compliance with internationally acknowledged forestry requirements. We’re additionally one of many largest producers of wood products in America. Our firm is an actual property funding belief. In 2020, we generated $7.5 billion in internet gross sales and employed roughly 9,400 individuals who serve clients worldwide. We’re listed on the Dow Jones Sustainability North America Index. Our frequent inventory trades on the New York Inventory Alternate below the image WY. Study extra at www.weyerhaeuser.com.
For extra info contact:
Analysts – Beth Baum, 206-539-3907
Media – Nancy Thompson, 919-861-0342
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SOURCE Weyerhaeuser Firm