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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):  06/25/2007
 
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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On June 25, 2007, Rayonier Inc. (the "Company") announced that Joseph L. Iannotti, 47, has been promoted to Vice President and Corporate Controller. Mr. Iannotti has served as the Company's Assistant Controller, Financial Reporting since joining the Company in April 2001. A copy of the press release announcing Mr. Iannotti's promotion is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
 

 

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: June 25, 2007
     
By:
 
/s/    HANS E. VANDEN NOORT
               
Hans E. Vanden Noort
               
Senior Vice President and Chief Financial Officer
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Press Release Entitled "Rayonier Names Iannotti Vice President and Corporate Controller," dated June 25, 2007.
Rayonier Reports Second Quarter 2001 Earnings

 

FOR IMMEDIATE RELEASE

For further information

Media Contact: Jay Fredericksen 904-357-9106

Investor Contact: Parag Bhansali 904-357-9155

Rayonier Names Iannotti Vice President and Corporate Controller

JACKSONVILLE, Fla., June 25, 2007 - Rayonier (NYSE:RYN) today announced that Joseph L. Iannotti has been promoted to the position of Vice President and Corporate Controller. Iannotti, 47, has served as Assistant Controller, Financial Reporting, since joining Rayonier in April 2001.

He succeeds, and continues to report to, Hans E. Vanden Noort, who was elected Senior Vice President and Chief Financial Officer June 1.

"Joe has a wealth of experience in financial reporting and compliance and has been instrumental in the high quality of Rayonier's reporting and in guiding the company's compliance with increasingly complex accounting standards and stringent SEC reporting deadlines," said Vanden Noort.

In his new role, Iannotti is responsible for all internal and external financial reporting, SEC filings, financial planning and analysis, and managing Sarbanes-Oxley 404 compliance.

Before joining Rayonier, Iannotti was with Bowater Incorporated for 13 years, the last eight as Director, Corporate Accounting and Reporting. Prior to that, he was an Audit Associate with PricewaterhouseCoopers in Stamford, CT. A Certified Public Accountant and a member of the Institute of Management Accountants, Iannotti holds a BS in Accounting from Sacred Heart University and a Master of Finance from Fairfield University.

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 2.7 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 fibers. Approximately 40 percent of the company's sales are outside the U.S. to customers in more than 50 countries. Rayonier is structured as a Real Estate Investment Trust.

For further information about Rayonier, visit the company's website at www.rayonier.com. Complimentary copies of Rayonier press releases and other financial documents are available by calling 1-800-RYN-7611.

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