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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):  03/16/2009
 
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))
 

 
Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
David W. Oskin was elected to Rayonier Inc.'s Board of Directors effective March 16, 2009. Mr. Oskin 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 May.

 
 
Item 7.01.    Regulation FD Disclosure
 
A copy of the press release announcing the election of Mr. Oskin 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: March 16, 2009
     
By:
 
/s/    Hans E. Vanden Noort
               
Hans E. Vanden Noort
               
Senior Vice President and Chief Financial Officer
 
 
Rayonier Reports Second Quarter 2001 Earnings

Contacts

Investors Carl Kraus 904-357-9158
Media Relations Helen Rowan 904-357-9806

For immediate release

Rayonier Adds David W. Oskin to Board of Directors

JACKSONVILLE, Fla., March 16, 2009 - Rayonier (NYSE:RYN) announced today that David W. Oskin has been elected to its Board of Directors, effective immediately.

Oskin is president of Four Winds Ventures, a private investment and advisory company, and previously served as executive vice president of International Paper and as chief executive officer of Carter Holt Harvey, a New Zealand-based forest products company. He currently serves on the boards of Verso Paper Holdings, Pacific Millennium Corporation, Samling Global Limited and Big Earth Publishing, and is the chairman of the Board of Trustees at Widener University, where he obtained his bachelor's degree and was awarded a doctoral degree. Oskin previously served as vice chair of the U.S. National Forest Products Association.

"I am confident that our Board will benefit greatly from David's keen understanding of our industry gained from his more than 30 years of forest products and timberland management experience," said Lee M. Thomas, Rayonier chairman, president and chief executive officer.

About Rayonier

Rayonier is a leading international forest products company with three core businesses: Timber, Real Estate and Performance Fibers. The company owns, leases or manages 2.6 million acres of timber and land in the United States and New Zealand. 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 one of the world's leading producers of high-value specialty cellulose fibers. Approximately 40 percent of the company's sales are outside the U.S. to customers in approximately 40 countries. Rayonier is structured as a real estate investment trust. More information is available at www.rayonier.com.

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