Business Wire·Jan 30, 2026, 5:30 PM ET

Rayonier and PotlatchDeltic Announce Closing of Merger of Equals

Rayonier (NYSE: RYN) closed its merger with PotlatchDeltic Corporation.
The combined entity owns over four million acres of geographically diverse U.S. timberland.
Operations include six sawmills, an industrial-grade plywood mill, real estate developments, & a rural land sales program.
Mark D. McHugh serves as President & Chief Executive Officer of the new company.
The senior leadership team features roughly equal representation from both legacy firms.
The new Board of Directors comprises five directors from each legacy company, led by Executive Chairman Eric J. Cremers & Lead Independent Director Scott R. Jones.
The combined company will initially retain the Rayonier name & trade under ticker "RYN" starting February 2, 2026.
A new name & ticker symbol are expected to be announced later in the first quarter of 2026.
Rayonier operates as a land resources REIT focused on sustainable timberland management & highest-and-best-use optimization.