Board of Directors
Matthew W. Donegan, Chairman
Forest Capital Partners
Matt Donegan is co-founder and co-president of Forest Capital Partners, a private forest landowner and leading grower of sustainably managed, certified timber products. Forest Capital Partners manages working forests in Oregon, Washington, Idaho, Louisiana, Texas and Minnesota.
Earlier in his career, Mr. Donegan worked as a forester and investment analyst at Georgia-Pacific Corporation, and as an analyst at the Hancock Timber Resource Group. He was co-founder of US Forest Capital prior to starting Forest Capital Partners.
Mr. Donegan is a professional forester who studied forestry at the University of Florida before earning an MBA with concentrations in forest industries management and finance from the University of Tennessee.
In addition to NAFO, Mr. Donegan serves on the Boards of the Sustainable Forestry Initiative, Oregon Business Council, Oregon Forest Resources Institute, Oregon Innovation Council, Big Brothers Big Sisters Columbia Northwest, and on the National Council of the National Park Conservation Association. In 2008 Mr. Donegan was appointed by Governor Ted Kulongoski to the Oregon Global Warming Commission.
Rick R. Holley, Vice Chairman
Plum Creek Timber Company
Rick Holley was elected president and chief executive officer and a member of the Board of Directors of Plum Creek in 1994. Prior to assuming this role, he served as vice president and chief financial officer since 1985.
Mr. Holley began his career at General Electric Company in 1974, where he served in a variety of financial management positions. In 1983, he joined Burlington Northern, Inc. where he worked as assistant vice president, corporate audit. He held that position until joining Plum Creek in 1985.
He received a Bachelor of Science degree in accounting and business administration from San Jose State University. He also completed an advanced education program at Northwestern University.
In addition to serving on Plum Creek’s board, Mr. Holley serves on various other boards, including Sustainable Forestry Initiative, Blethen Corporation and the Seattle Times. He is also a member of the 12th District Federal Reserve Bank’s Economic Advisory Council and Visiting Committee of the University of Washington, School of Medicine.
Bruno F. Fritschi, Treasurer
Resource Management Service, LLC
Bruno F. Fritschi is Chairman of the Board, President and Chief Executive Officer, providing strategic oversight for company operations.
Since joining the company in 1967, Mr. Fritschi has been active in almost all aspects of forest investment and management of forest lands in the southern United States. In the 1980s, he helped lead the development of a ground-breaking strategic alliance that established timberland as an asset class that is well suited for private, institutional investors. In 1995, Mr. Fritschi was named President and CEO — the third president since the founding of RMS in 1950. In 2001, he was elected Chairman of the Board.
Since 1995, he has led the company in the development of new systems for more cost-effective management, a reinvention of its business model, and the expansion of RMS’s board of directors.
Mr. Fritschi is a forest science graduate of Colorado State University.
Daniel P. Christensen
Hancock Timber Resource Group
Daniel P. Christensen is Chief Executive Officer and Director of the Hancock Natural Resource Group (HNRG), and President of the Hancock Timber Resource Group.
He also is Chairman and CEO of Hancock Natural Resource Group Australia (HNRGA), Hancock Forest Management (HFM) and of Hancock Forest Management New Zealand (HFMNZ). HFM and HFMNZ provide forest management services for Hancock Timber investments.
Hancock Timber, a division of HNRG, manages 4.6 million acres of timberland in the United States, Canada, Australia, New Zealand and Brazil on behalf of its investors.
HNRG and HNRGA are operating companies of MFC Global Investment Management, the asset management arm of Manulife Financial Corporation (NYSE: MFC). Toronto-based Manulife is a leading global financial services company, operating primarily though John Hancock in the US.
Mr. Christensen holds a B.S. in Forest Engineering from the University of Maine’s College of Natural Resources, Forestry and Agriculture.
Andrew W. Miller
Stimson Lumber
Andrew Miller is the President and CEO of Stimson Lumber Company, based in Portland, Oregon. Stimson is an integrated timber and wood products manufacturing company, with operations in Oregon, Washington, Idaho, and Montana.
Mr. Miller has been with Stimson since 1990 in various roles, including Manager of California Timberlands, Vice President of Western Manufacturing, Vice President of Manufacturing, and Executive Vice President. Prior to joining Stimson, he worked as a sawmill manager for Northwest Hardwoods, a division of Weyerhaeuser, and held analyst positions at Weyerhaeuser and Plum Creek.
Mr. Miller earned a B.A. in Economics from Grinnell College, and an MBA from Columbia University.
Mr. Miller has four teenage children. He enjoys competitive running and skiing. He is a Trustee of the Pacific Northwest College of Art in Portland, OR, and Board member of Hemcon, a private medical devices company.
Bill Brown
Green Diamond Resource Company
Bill Brown is President of Green Diamond Resource Co., a privately-held company headquartered in Seattle, Washington, with timberland ownership in Washington, Oregon and California, and redwood lumber manufacturing facilities in California.
Mr. Brown graduated from the U.S. Military Academy at West Point with a B.S in Engineering and holds an MBA from the Massachusetts Institute of Technology.
Blake Rowe
Longview Timberlands, LLC
Blake Rowe is the President of Longview Timberlands LLC and Longview Timber, Corp. He has been with Longview for over 23 years and held the position of President since June 2007. Mr. Rowe has been responsible for many areas at Longview’s timber operations including land and timber management, property transactions, regulatory issues, and fish and wildlife programs.
Prior to joining Longview, Rowe worked for a forestry-consulting company, and for a private timberland owner on land exchanges. He has represented the timber industry on numerous occasions through his work with the Oregon Forest Industries Council and Washington Forest Protection Association and is currently the Chairman of OFIC.
In 2000, he received the Ted Young Stewardship Award from OFIC in recognition of his work on forestry regulations in Oregon. Mr. Rowe holds Bachelor of Science degrees in Forest Management and Wildlife Science from Oregon State University, and a Masters of Science degree in Forest Policy from the University of Minnesota.
Charles Daniel
RMK Timberland Group
Charles Daniel is the President and Chief Investment Officer of RMK Timberland Group. Mr. Daniel is responsible for timberland investment and management functions for all institutional and individual timberland clients of RMK Timberland Group.
Prior to assuming his current role, Daniel was responsible for timberland properties in RMK Timberland’s Southeast timberland region covering Florida, Georgia, Alabama, Kentucky and Tennessee. Before joining RMK Timberland in 1996, he worked in various land management and sales positions with Tenneco Packaging, Inc., Foley Timber & Land Company, and Procter and Gamble Cellulose.
Mr. Daniel received his Bachelor and Master degrees in Forestry, B.A. and M.A. Certificates in Latin American Studies and Certificate in Tropical Agriculture from the University of Florida. He is a member of the Society of American Foresters, the American Forestry Association, the Florida Forestry Association, the Georgia Forestry Association, and the Nature Conservancy. Daniel is Chair-Elect for the Florida Section of the Society of American Foresters. He also serves on the Advisory Council for The University of Florida School of Forest Resources and Conservation. Daniel is a member of the Florida Blue Ribbon Panel for Forest Planning 2030.
Dan Fulton
Weyerhaeuser Company
Daniel S. Fulton was elected chief executive officer and a member of the board of directors in April 2008. He remains as president of Weyerhaeuser Company, a position he assumed in January 2008. From May 2001 until March 2008 he was president and chief executive officer of Weyerhaeuser Real Estate Company, a wholly owned subsidiary of Weyerhaeuser Company. In January 2004 he was named to Weyerhaeuser Company’s senior management team.
Fulton joined Weyerhaeuser’s investment evaluation department in 1976. He transferred to Weyerhaeuser Real Estate Company (WRECO) in 1978 and served in various management and investment positions before becoming president and chief executive officer of Weyerhaeuser Realty Investors and Weyerhaeuser Venture Company from 1998–2000. Before joining Weyerhaeuser, he served as an officer in the U.S. Navy Supply Corps.
Fulton graduated with a bachelor of arts degree in economics from Miami University (Ohio) in 1970. He received a master of business administration degree in finance from the University of Washington in 1976, and he completed the Stanford University Executive Program in 2001.
Fulton serves as a board member of United Way of King County and the Chief Seattle Council of the Boy Scouts of America. He is a member of the Advisory Board for the University of Washington Business School and the Policy Advisory Board of the Joint Center of Housing with Harvard University.
Dan Giustina
Giustina Resources
Dan Giustina has been the Managing General Partner for Giustina Resources since 1990. Giustina Resources is a family business which traces its initial operations in the wood products business to 1916. The company owns and manages timberlands in Western Oregon and Western Washington, and serves both domestic and international markets.
Mr. Giustina currently serves as Vice Chairman of the Umpqua Bank Board of Directors. His past board positions include Chairman and President of the University of Oregon Foundation, and Chairman of the Young Presidents Organization (YPO).
David Nunes
Olympic Resource Management
Mr. Nunes is the President and CEO of Olympic Resource Mangament. He assumed his current role in January 2002. He joined the company in 1997 and was initially responsible for the company’s timberland acquisition and portfolio development activities. His prior experience includes nine years with Weyerhaeuser, where he was involved in export log sales and marketing, timberland acquisitions, strategic planning, mergers and acquisitions, and capital planning. He has a B.A. in Economics and Mathematics from Pomona College and a M.S. in Industrial Administration (MBA) from Carnegie Mellon University.
He received a Bachelors of Science and M.B. A. degree from the University of Oregon.
Dick Molpus
Molpus Woodlands Group, LLC
Dick Molpus, 58, is President of The Molpus Woodlands Group, LLC (MWG), a timberland investment management organization headquartered in Jackson, Mississippi. MWG buys and manages timberland in the U.S. South for clients. The company recently expanded its focus to include Appalachia, the U.S. Northeast and the Great Lakes states.
A Philadelphia, Mississippi native and a 1971 Business Administration graduate of the University of Mississippi, he served for a number of years as Vice President of Manufacturing for Molpus Lumber Company.
In 1983, he successfully ran statewide for Secretary of State of Mississippi against seven opponents. He was re-elected by significant margins in 1987 and 1991. Mr. Molpus took the Secretary of State’s Office from an agency that was a tax drain of $200,000 to a profit maker of over $2,000,000 per year. As Secretary of State he also served as Lands Commissioner of Mississippi and, in that capacity, supervised over 600,000 acres of 16th Section commercial, residential, and timber property that had been set aside in the early 1800’s to raise money for the public schools. By forcing renegotiation of some 5,000 below market leases, he increased, by more than $24,000,000, the amount of revenue to the public schools from those properties during his tenure.
On January 8, 1996, after completing his third term as Secretary of State of Mississippi, he began a timberland investment management organization. Today, The Molpus Woodlands Group, LLC and its sister operating company manage for investors approximately 734,600 acres of timberland in Alabama, Mississippi, Louisiana, Arkansas, Oklahoma, Tennessee, Kentucky, Pennsylvania, Michigan and New York valued at approximately $719 million.
Eva Greger
GMO Renewable Resources
Eva Greger has been focused on forestry investing since 1985. Prior to joining GMO, she was responsible for evaluating and structuring acquisitions for Resource Investments, Inc., one of the pioneers in timber investing for institutional clients.
Since founding GMO Renewable Resources in 1997, Ms. Greger has grown its portfolio under management to over $2 billion dollars comprised of more than 3 million acres in timberland worldwide. These portfolios include properties across the U.S. as well as New Zealand, Australia, and South America. Ms. Greger is the Managing Director of GMO Renewable Resources, LLC, and chairs its Investment Committee.
Ms. Greger earned her B.A. in Economics from Harvard University and has studied timber economics at Duke University and the University of Georgia.
Frederick J. Weyerhaeuser
The Lyme Timber Company
Rick Weyerhaeuser has been a Senior Project Manager with The Lyme Timber Company since 2000. Prior to joining Lyme, he worked with The Pinchot Institute and The National Fish and Wildlife Foundation to develop and promote sustainable forestry programs in the US. Mr. Weyerhaeuser is a former State Director of the Massachusetts Chapter of The Nature Conservancy (TNC) and for ten years was Director of the World Wildlife Fund’s Africa Program.
He has been a member of the Board of Directors of the Seventh American Forest Congress, the Student Conservation Association, the Minnesota Chapter of TNC, and the Forest History Society. Mr. Weyerhaeuser is currently on the Board of the New England Forestry Foundation and also serves on the Leadership Council for the Yale School of Forestry and Environmental Studies. He earned a B.S. from Yale University in 1977 and a Master of Forest Science from Yale in 1983.
James E. Warjone
Port Blakely Companies
Jim Warjone grew up in southern California and graduated from Claremont Men’s College in 1965 with a degree in economics. He subsequently went on to the University of Southern California where he studied finance. Mr. Warjone began his working career in Seattle, Washington with the Simpson Timber Company, Interface Mechanisms, IBM and Truckweld Corporation.
In 1978, he was asked to join The Port Blakely Mill Company (predecessor to Port Blakely Tree Farms) and is currently the Chairman & CEO of the privately held Port Blakely Companies which own and operate land, timber, trading and real estate companies in Washington, Oregon and New Zealand.
In addition to being a founding member of NAFO, Mr. Warjone’s board memberships currently include the AF&PA, the Assocation of Washingtion Business, Community Development Roundtable, the Foundation for Economic & Environmental Progress, the Greater Seattle Chamber of Commerce (2007/2008 Chamber President), the Joshua Green Corporation, the Pacific Science Center, Penford Corporation, Uwajimaya, and Washington Roundtable.
Jess Jarratt
Wells Timberland REIT
As president of Wells Timberland Management Organization (TIMO), Jess Jarratt is responsible for directing and managing all aspects of timberland operations for Wells, including timberland acquisitions and dispositions, portfolio and property management, and timberland financing.
Prior to joining Wells, Mr. Jarratt was a managing director for SunTrust Robinson Humphrey’s Structured Real Estate Group. He was also Vice President of Rabobank International, a multinational Dutch bank, where he led corporate lending activities for U.S. agribusiness, timberland, and forest products companies.
Jess Jarratt is a Certified Management Accountant (CMA) and he has completed the Harvard Business School Executive Agribusiness Program. He received a Bachelors of Science degree in Forestry from Texas A&M University; and an M.B. A. from the University of North Texas.
James D. Irving
J.D. Irving, Ltd.
Mr. James D. Irving is President of J. D. Irving, Limited, a diverse, family-owned enterprise with over 125 years of involvement in the business community.
Founded in 1882, J.D. Irving, Limited (JDI) has operations in Eastern Canada (New Brunswick, Nova Scotia, Prince Edward Island, Quebec, Ontario, Newfoundland and Labrador), and the United States. J.D. Irving, Limited is one of the top five private land owners in North America with over 3.4 million acres of freehold land.
Mr. Irving is actively involved in leading the company’s efforts in wild Atlantic salmon conservation and research as well as education partnerships with middle, secondary and post secondary schools. The company has won several national education awards for its leadership in developing business-education initiatives for young people.
John S. Gilleland
The Campbell Group, LLC
Mr. Gilleland joined The Campbell Group at its formation (in 1981) and serves as President and Chairman. He is a member of the Investment Committee, Price Forecast, and Allocation Committees for the firm and has extensive expertise in the capital markets, transaction structuring, and the timberland investment business for institutional investors.
Mr. Gilleland has performed all executive functions while at The Campbell Group, including acquisitions, marketing and market planning, proposal development, contract design, investment structuring, and strategic planning for the firm in addition to his traditional functions as President. Prior to joining The Campbell Group, Mr. Gilleland was an audit and tax specialist at Deloitte & Touche.
Mr. Gilleland serves on the boards of the Oregon Symphony; Friends of the Children, Portland; Friends of the Children, National; Youth Resources; The Campbell Foundation; Catlin Gabel School, plus The Campbell Group. He is a member of the Oregon Society of CPAs and the American Institute of CPAs, among other associations. Mr. Gilleland earned a BS in Business and Finance from Oregon State University.
L. Michael Kelly
Forest Investment Associates
Michael Kelly is President and Chairman of the Investment and Executive Committees of Forest Investment Associates (FIA), a Registered Investment Advisor specializing in timberland investment management for institutional and private investors. FIA manages approximately 2 million acres of timberland in 16 U.S. states for its clients.
Joining FIA in 1990, Michael served as Management Forester, Vice President and Director of Timberland Management and Executive Vice President before being named President. Prior to FIA, he worked for International Paper Company, holding positions in timberland management, wood fiber procurement, fiber flow planning and cost analysis.
Michael is a Certified Forester, a Registered Forester and a member of the Society of American Foresters, serving recently as Secretary of the Southeastern Society and Chair of the Georgia Division. He serves on the Board of Directors of the Forest History Society and on the Auburn University School of Forestry and Wildlife Sciences Advisory Council.
Mr. Kelly holds a B.S. in Forestry from Auburn University and an M.B.A. from the University of South Alabama.
Marc Brinkmeyer
Idaho Forest Group
Marc Brinkmeyer is the chairman, president and co-owner of the Idaho Forest Group, the largest lumber producer in the Intermountain West. In 2008 the Riley Creek Mills merged with Bennett Forest Industries to form Idaho Forest Group. The new venture is the largest lumber producer in the Inter-Mountain West.Marc founded Riley Creek in 1981. He begin his career in public accounting in Portland, Oregon working with medium and large size companies including several in the forest products sector. He then became Chief Financial Officer of Brand-S Corporation, a privately owned lumber manufacturing company.
Riley Creek has grown to be the largest lumber producer in Idaho consisting of state of the art production facilities located at Laclede, Chilco and Moyie Springs. The Company also has 65,000 acres of timberland in Washington, Idaho and Montana, cutting rights to 300,000 acres in central Idaho and strategic relationships with other industrial forest land owners.
He is active in many organizations including past Chairman, Western Wood Products Association, past President of the Intermountain Forest Association. He has recently been appointed as a Member of the BI-National North American Lumber Council. He also serves as a Board of Trustees of Buena Vista University.
Mark Doumit
Washington Forest Protection Association
Mark Doumit has been Executive Director of the Washington Forest Protection Association since November 1, 2006.
Prior to his appointment as WFPA Executive Director, Doumit served as a Washington State Senator from 2002-2006 and as a Washington State Representative from 1996-2002. Elective Office: He also served as Wahkiakum County Commissioner for eight years.
He received a Bachelor of Arts in Business Administration from Washington State University.
Mr. Doumit is the owner of a 210-acre commercial tree farm and also a commercial fisherman, owning 2.5 commercial salmon fishing vessels. He grew up in Cathlamet, Washington, and continues to live there with is wife, Mindy, and three sons – Matthew, Benjamin and David. He is also a member of the board of directors of Independent Colleges of Washington, the Washington Wildlife and Recreation Coalition and the Association of Washington Business.
Michael (Mike) E. Case
The Westervelt Company
Mike was named President and CEO of Gulf States Paper Corporation (later renamed The Westervelt Company) in 2000. The Westervelt Company, founded in 1884, is a privately held land and land management company, owning approximately 500,000 acres in the Southeastern United States and 40,000 acres in New Zealand. Prior to being named President, Mike served as Executive Vice President for Pulp and Paperboard (1996), Vice President of Strategic Planning (1994) and Vice President Sales, Pulp and Paperboard (1993).
Mike serves on the Board of the American Forest and Paper Association, United Way of West Alabama, The University of Alabama’s Business School and The President’s Cabinet of the University of Alabama.
Mike received his bachelor’s and master’s degrees in marketing from the University of Alabama.
Michael J. Covey
Potlatch Corporation
Mike Covey is Chairman, President and Chief Executive Officer of Potlatch Corporation, a publically traded REIT headquartered in Spokane, Washington. Potlatch owns 1.7 million acres of forestland in Arkansas, Idaho, Minnesota and Wisconsin, and operates 12 manufacturing facilities that produce lumber and panel products and bleached pulp products, including paperboard and tissue. Potlatch, a verified forest practices leader, is committed to providing superior returns to stockholders through long-term stewardship of its resources.
Mr.Covey earned a Bachelor’s degree in Forest Management from the University of Montana and a MBA from the University of Oregon.
Paul Boynton
Rayonier
Paul Boynton is the Executive Vice President, Forest Resources and Resoureces and Real Estate. Paul was elected to his current position in November 2009 after serving as Senior Vice President, Performance Fibers & Wood Products. He joined Rayonier in 1999 as Director of Performance Fibers Marketing and Sales, and was later named Vice President, Performance Fibers in 2002.
Prior to Rayonier, Paul was with the 3M Corporation as Global Brand Manager for the home care division from 1990 to 1999. He had previously served as a reliability and quality engineer with Motorola.
Paul holds a BS in mechanical engineering from Iowa State University, and an MBA rom the University of Iowa. He has completed the Harvard University Graduate School of Business Administration Advanced Management Program.
Ray Dillon
Deltic Timber Corporation
Ray Dillon became President and Chief Executive Officer for Deltic Timber Corporation on July 1, 2003. Since his arrival, Mr. Dillon has brought to the Company a revitalized focus on efficiency and personal accountability within all levels of Deltic’s operations. The effects of this enhancement in core operating principles can be seen in the recent improvements in both the operating and financial results reported by the Company.
Mr. Dillon was Executive Vice President of Gaylord Container Corporation until completion of its sale to Temple Inland Corporation in April 2002. Previously, he served as Vice President-Primary Production Operations and Vice President-Mill Operations for Gaylord, in addition to his other prior responsibilities.
Mr. Dillon began his 25-year career with Gaylord in 1977 as a process engineer at the Bogalusa mill in Bogalusa, Louisiana, for the predecessor of Gaylord, Crown Zellerbach. From 1987 until 1994, he was General Manager of Gaylord’s Pine Bluff, Arkansas, manufacturing facility. During the remainder of his tenure at Gaylord, Mr. Dillon held a variety of senior level positions in the Chicago, Illinois, corporate office of this $1.2 billion manufacturer of container board, corrugated containers, and other forest industry products.
Mr. Dillon earned a B.S. degree in Chemical Engineering from Mississippi State University in 1977 and an M.B.A. degree from the University of Chicago in 2000.
Scott P. Jones
Forest Landowners Association
Mr. Jones is the Chief Executive Officer of the Forest Landowners Association, a national landowner advocacy organization which strives to support through advocacy, education and information, forest landowner’s responsible management of their private property.
Scott has a BSFR from the Warnell School of Forestry and Natural Resources at the University of Georgia, is a SAF certified forester and GA registered forester. He spent five years in land management and procurement with a paper company in North Florida and has worked on Government Affairs issues dealing with forestry for the Georgia Forestry Association and the Southeastern Lumber Manufacturers Association.
Toby Luther
Lone Rock Timber Company
Mr. Luther is the President and Chief Executive Officer of Lone Rock Timber Company, a family held timberland company in Roseburg, Oregon.
Joining Lone Rock in 2001, Mr. Luther served as Executive Vice President, Chief Operating Officer and Chief Financial Officer before being named President. Prior to Lone Rock, Mr. Luther served as Corporate Controller for U.S. Timberlands, LP and as a CPA for PricewaterhouseCoopers LP.
He received his Bachelor of Sciences degree from Oregon State University in Business Administration with an emphasis on accounting.
Tom Colgan
Wagner Forest Management
Tom Colgan is President and CEO of Wagner Forest Management Ltd. Wagner manages over 2.6 million acres in the northeastern United States and Canada. Mr. Colgan has a B.S. from Duke University and a Master of Forestry degree from Duke. He has spent his entire career in the forestry business in Maine and New Hampshire.
