Company Rayonier Inc.

RYN

US7549071030

Specialized REITs

Market Closed - Nyse Other stock markets 04:00:02 2024-04-24 pm EDT			5-day change	1st Jan Change
30.28 ^USD	-0.56%		-0.03%	-9.37%

Apr. 22	RBC Trims Price Target on Rayonier to $34 From $35, Keeps Sector Perform Rating	MT
Mar. 08	Rayonier Inc. Appoints Mark D. McHugh as Member of the Board on April 1, 2024	CI

Business Summary

Rayonier Inc. is a timberland real estate investment trust (REIT) with assets located in productive softwood timber growing regions in the United States and New Zealand. The Company's segments include Southern Timber, Pacific Northwest Timber, New Zealand Timber, Real Estate and Trading. It owns, leases or manages approximately 2.7 million acres of timberland and real estate located in the United States South (1.85 million acres), United States Pacific Northwest (418,000 acres) and New Zealand (421,000 gross acres, or 297,000 net plan table acres). In addition, it engages in the trading of logs to Pacific Rim markets, predominantly from New Zealand and Australia, to support its New Zealand export operations. It also engages in log trading activities to these markets from the United States South and United States Pacific Northwest. Its Trading segment primarily reflects log trading activities in New Zealand and Australia conducted by its New Zealand subsidiary.

Number of employees: 438

Sales per Business

USD in Million	2022	Weight	2023	Weight	Delta
Real Estate 36.9 %	138	15.2 %	390	36.9 %	+182.57%
Southern Timber 25.0 %	264	29.1 %	264	25.0 %	-0.03%
New Zealand Timber 22.3 %	274	30.1 %	235	22.3 %	-14.08%
Pacific Northwest Timber 11.7 %	162	17.8 %	124	11.7 %	-23.48%
Trading 4.1 %	71	7.8 %	44	4.1 %	-38.43%
Intersegment Eliminations 0.0 %	0	0.0 %	0	0.0 %	+16.42%

Sales per region

USD in Million	2022	Weight	2023	Weight	Delta
United States 74.5 %	577	63.4 %	788	74.5 %	+36.60%
New Zealand 25.5 %	332	36.6 %	269	25.5 %	-19.04%

Managers

Managers	Title	Age	Since
Mark McHugh CEO	Chief Executive Officer	48	14-12-11
April Tice DFI	Director of Finance/CFO	50	09-12-31
Shelby Pyatt CTO	Chief Tech/Sci/R&D Officer	53	03-10-31
Rhett Rogers PRN	Corporate Officer/Principal	47	23-02-28
Douglas Long PRN	Corporate Officer/Principal	53	94-12-31
Mark Bridwell LAW	General Counsel	61	05-12-31
Christopher Corr PRN	Corporate Officer/Principal	60	13-07-14

Members of the board

Members of the board	Title	Age	Since
Dod Fraser CHM	Chairman	74	14-06-30
Ann Nelson BRD	Director/Board Member	64	20-04-30
Meridee Moore BRD	Director/Board Member	66	21-01-17
V. Martin BRD	Director/Board Member	60	07-08-05
Keith Bass BRD	Director/Board Member	59	17-12-12
Andy Wiltshire BRD	Director/Board Member	66	15-05-13
Gregg Gonsalves BRD	Director/Board Member	56	22-11-15
Matthew Rivers BRD	Director/Board Member	66	21-01-17
Scott Jones BRD	Director/Board Member	65	14-06-26
Mark McHugh CEO	Chief Executive Officer	48	14-12-11

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	148,649,321	147,453,638 ( 99.20 %)	0	99.20 %

Shareholders

Name	Equities	%	Valuation
Vanguard Fiduciary Trust Co. 13.95 %	20,735,300	13.95 %	689 M $
T. Rowe Price International Ltd. 10.83 %	16,098,365	10.83 %	535 M $
Norges Bank (13F) 8.842 %	13,142,039	8.842 %	437 M $
BlackRock Advisors LLC 8.071 %	11,996,010	8.071 %	399 M $
Massachusetts Financial Services Co. 5.665 %	8,420,189	5.665 %	280 M $
JPMorgan Investment Management, Inc. 5.622 %	8,356,488	5.622 %	278 M $
Impax Asset Management Ltd. 4.415 %	6,563,109	4.415 %	218 M $
STATE STREET CORPORATION 2.726 %	4,052,614	2.726 %	135 M $
Pictet Asset Management Holding SA 2.631 %	3,910,683	2.631 %	130 M $
Victory Capital Management, Inc. (Investment Management) 2.469 %	3,670,550	2.469 %	122 M $

Company contact information

Rayonier, Inc.

1 Rayonier Way

32097, Wildlight

+904 357 9100

http://www.rayonier.com

Group companies

Name	Category and Sector
Rayonier TRS Holdings, Inc. Rayonier TRS Holdings, Inc. Real Estate DevelopmentFinance Rayonier TRS Holdings, Inc. manufactures cellulose products and sells real estate. The company is headquartered in Yulee, FL.	Real Estate Development
Rayonier Operating Co. LLC Rayonier Operating Co. LLC Real Estate Investment TrustsFinance Part of Rayonier, Inc., Rayonier Operating Co. LLC is a private company based in Yulee, FL.	Real Estate Investment Trusts
Matariki Forests
Matariki Forests Trading Ltd.
Rayonier LP Rayonier LP Real Estate Investment TrustsFinance Part of Rayonier, Inc., Rayonier LP acts as a Real Estate Investment Trust/REIT. The private company is based in Yulee, FL.	Real Estate Investment Trusts