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Weyerhaeuser Appoints David Graham as President of its Canadian Subsidiary; Fred Dzida to Retire

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Weyerhaeuser Company (NYSE: WY) announces the appointment of David Graham as president of its Canadian subsidiary, effective January 1, 2022. Graham, who has over 30 years of experience with Weyerhaeuser, succeeds Fred Dzida, who is retiring after more than 40 years with the company. Dzida will assist in the transition until March 2022. Graham's extensive background in operations and leadership within the Canadian operations is expected to enhance relationships with communities and partners.

Positive
  • David Graham's extensive experience since 1991 may lead to strengthened leadership and operational continuity.
  • Graham's familiarity with Canadian operations is expected to enhance relationships with stakeholders.
Negative
  • Fred Dzida's retirement after a long tenure raises concerns about leadership continuity and experience gaps.

SEATTLE, Nov. 30, 2021 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of David Graham as president of Weyerhaeuser Company Limited, its wholly owned Canadian Subsidiary, effective January 1, 2022. Graham will report to Travis Keatley, senior vice president of Timberlands, and his appointment follows the planned retirement of Fred Dzida, who has served as president of the company's Canadian subsidiary since 2014 and will stay on through March 2022 to aid in the transition.

"David has more than 30 years of diverse industry experience, and he has deep familiarity with our Canadian operations from a people, operational and business perspective," said Keatley, who leads Weyerhaeuser's timberlands operations across North America. "We're excited to have him step into this important leadership role and help us continue to build on our strong relationships with our communities, customers and other partners across Canada."

"I also want to thank Fred for his more than 40 years of outstanding service with Weyerhaeuser," Keatley added. "He has had a profound impact across our Canadian operations as a champion of people, innovation and operational excellence, and he has dedicated significant energy to promoting and advancing our industry through his participation on many boards and associations across Canada. Although he will be greatly missed on our team, we wish him all the best in his well-deserved retirement."

ABOUT DAVID GRAHAM
Graham joined Weyerhaeuser in 1991 as an engineer and has held a variety of senior leadership positions in the company's Wood Products and Timberlands organizations, including most recently as vice president of HR supporting the Timberlands and Corporate Development businesses and previously as vice president of the company's Oriented Strand Board business. He has worked and resided in three provinces — Alberta, British Columbia and Saskatchewan — and among other key projects has helped with integration on several acquisitions and developing a framework for labor relations at Weyerhaeuser. Graham earned a bachelor's in engineering from the University of Alberta.

ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in America. Our company is a real estate investment trust. In 2020, we generated $7.5 billion in net sales and employed approximately 9,400 people who serve customers worldwide. Our common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com

For more information contact:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342

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SOURCE Weyerhaeuser Company

FAQ

Who was appointed as the president of Weyerhaeuser's Canadian subsidiary?

David Graham has been appointed as president of Weyerhaeuser Company Limited.

When does David Graham officially take over as president?

David Graham will assume the role on January 1, 2022.

What is the reason for Fred Dzida's departure?

Fred Dzida is retiring after more than 40 years with Weyerhaeuser.

What impact might David Graham's appointment have on Weyerhaeuser?

Graham's deep familiarity with Canadian operations is expected to enhance stakeholder relationships.

Weyerhaeuser Company

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