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Prepared By R.R. Donnelley Financial -- Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  11/01/2006
 
RAYONIER INC.
(Exact name of registrant as specified in its charter)
 
Commission File Number:  1-6780
 
North Carolina
  
13-2607329
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
50 North Laura Street
Jacksonville, Florida
32202
(Address of principal executive offices, including zip code)
 
904-357-9100
(Registrant’s telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[  ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Information to be included in the report

 
Item 5.02.    Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
 
C. David Brown, II, Chairman of the Florida law firm of Broad and Cassel, was elected to Rayonier Inc.'s Board of Directors effective November 1, 2006.

Mr. Brown is expected to be appointed to one or more Board committees upon the recommendation of the Nominating and Corporate Governance Committee and approval by the Board of Directors in December.

A copy of the press release announcing the election of Mr. Brown is attached hereto as Exhibit 99.1.

 

 

Signature(s)
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
      
 
RAYONIER INC.
 
 
Date: November 06, 2006
     
By:
 
/s/    Hans E. Vanden Noort
               
Hans E. Vanden Noort
               
Senior Vice President and Chief Accounting Officer
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Press release entitled "Rayonier Names C. David Brown, II to Board of Directors" issued November 6, 2006.
Rayonier Reports Second Quarter 2001 Earnings

Exhibit 99.1

For further information

Media Contact: Jay Fredericksen

904-357-9106

Investor Contact: Parag Bhansali

904-357-9155

Rayonier Names C. David Brown, II to Board of Directors

JACKSONVILLE, Fla., November 6, 2006 -- Rayonier (NYSE:RYN) announced today that C. David Brown, II, Chairman of the Florida law firm Broad and Cassel, has joined the Rayonier Board of Directors, effective November 1.

Brown joined Broad and Cassel in 1980 and has been Chairman since 2000. As a member of the firm's real estate, land use and environmental law practice groups, his professional focus has been directed at organizing major corporate, real estate and governmental transactions.

Brown is on the Board of Directors of Caremark Rx, Inc. (NYSE:CMX) and also is a member of the University of Florida Board of Trustees, appointed by Governor Jeb Bush in 2004. He served on the Florida Transportation Commission for five years, including two as Chairman. A graduate of the University of Florida, Brown has a B.S. in Business Administration and a J.D. from the College of Law.

"We are very pleased David has agreed to join our Board," said Lee Nutter, Chairman, President and Chief Executive Officer. "His wealth of experience in complex real estate transactions and leadership in significant public policy matters related to transportation, land use planning and the environment should prove especially valuable to Rayonier and our shareholders."

About Rayonier

Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers. It owns, leases or manages 2.5 million acres of timber and land in the U.S., New Zealand and Australia. The company's holdings include approximately 200,000 acres with residential and commercial development potential along the fast-growing Interstate 95 corridor between Savannah, Georgia, and Daytona Beach, Florida. Its Performance Fibers business is the world's leading producer of high-value specialty cellulose. Approximately 40 percent of the company's sales are outside the U.S. to customers in more than 50 countries. For further information, visit the company's website at www.rayonier.com.