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Weyerhaeuser Names Risco VP " International Operations

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^{Published in Stocks and Investing on Friday, January 30th 2009 at 14:14 GMT, Last Modified on 2009-01-30 14:15:27 by Market Wire}  

FEDERAL WAY, Wash.--([ BUSINESS WIRE ])--Weyerhaeuser Company (NYSE:WY) today announced that Marvin (Ray) Risco has been named vice president-International Operations effective Jan. 26.

In his new role, Risco will oversee Weyerhaeuser's existing international operations. In addition, he will be the focal point to support the company in current and new ventures. Risco also has shared responsibilities with the controller's office for corporate oversight of the international operations.

He will report directly to Mike Branson, senior vice president – Timberlands.

"Ray's experience in many aspects of our business is an important element given the sharper focus we are developing in South America and other geographies," Branson said. "We will look to Ray's experience and knowledge as we continue to grow Weyerhaeuser's international operations."

A native of Peru, Risco most recently was managing director of the company's South American operations while residing in Uruguay. Risco joined the Weyerhaeuser Forestlands International team in 1998 after working for the Gillette Co. in Latin America and Europe. In the following years, he was involved in the planning, development and management of the Latin American and Austral Asian businesses as well as providing financial leadership for the company's European composites business and Hardwoods and International Products.

Weyerhaeuser Company, one of the world's largest forest products companies, was incorporated in 1900. In 2007, sales were $16.3 billion. It has offices or operations in 13 countries, with customers worldwide. Weyerhaeuser is principally engaged in the growing and harvesting of timber; the manufacture, distribution and sale of forest products; and real estate construction, development and related activities. Additional information about Weyerhaeuser's businesses, products and practices is available at http://[ www.weyerhaeuser.com ].