Weyerhaeuser Co. Announces Board and Officer Changes
Ticker: WY · Form: 8-K · Filed: Nov 12, 2024 · CIK: 106535
| Field | Detail |
|---|---|
| Company | Weyerhaeuser Co (WY) |
| Form Type | 8-K |
| Filed Date | Nov 12, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: WY
TL;DR
Weyerhaeuser board shake-up, new directors elected, exec comp details released.
AI Summary
On November 8, 2024, Weyerhaeuser Co. announced changes to its Board of Directors, including the election of new directors and the appointment of certain officers. The company also disclosed information regarding compensatory arrangements for its named executive officers. These changes are effective as of the report date.
Why It Matters
Changes in board composition and executive appointments can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation disclosures, which typically carry low risk.
Key Players & Entities
- WEYERHAEUSER CO (company) — Registrant
- November 8, 2024 (date) — Date of earliest event reported
- 206-539-3000 (phone_number) — Registrant's telephone number
FAQ
What specific items are being reported in this Form 8-K?
This Form 8-K reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on November 8, 2024.
What is Weyerhaeuser Co.'s principal executive office address?
Weyerhaeuser Co.'s principal executive offices are located at 220 Occidental Avenue South, Seattle, Washington 98104-7800.
What is Weyerhaeuser Co.'s IRS Employer Identification Number?
Weyerhaeuser Co.'s IRS Employer Identification Number is 91-0470860.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 579 words · 2 min read · ~2 pages · Grade level 14.1 · Accepted 2024-11-12 16:37:43
Key Financial Figures
- $1.25 — ch registered Common Stock, par value $1.25 per share WY New York Stock Exchang
Filing Documents
- wy-20241108.htm (8-K) — 54KB
- wy-ex99_1.htm (EX-99.1) — 16KB
- img208393539_0.jpg (GRAPHIC) — 159KB
- 0000950170-24-125562.txt ( ) — 409KB
- wy-20241108.xsd (EX-101.SCH) — 29KB
- wy-20241108_htm.xml (XML) — 4KB
02
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Financial Statements and Exhibits
Financial Statements and Exhibits
Signatures
Signatures EXHIBIT 99.1 Press release issued by Weyerhaeuser Company on November 11, 2024 EXHIBIT 104 Cover page interactive data file (embedded within the inline XBRL document). Table of Contents Section 5 – Corporate Governance and Management Item5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b), (e) On November 8, 2024, the board of directors of Weyerhaeuser Company ("Weyerhaeuser") was notified that Russell S. Hagen will retire as Weyerhaeuser's senior vice president and chief development officer effective December 31, 2024. Paul Hossain, who currently serves as Weyerhaeuser's vice president of Natural Resources and Climate Solutions, will succeed Mr. Hagen as senior vice president and chief development officer effective January 1, 2025. Mr. Hagen will remain with the company as a strategic advisor during the leadership transition with no changes to his current compensation arrangements; provided that Mr. Hagen will no longer qualify for executive benefits (including executive severance and change of control). Section 9 - Financial Statements and Exhibits Item9.01. Financial Statements and Exhibits (d) Exhibits . Exhibit No. Description 99.1 Press release issued by Weyerhaeuser Company on November 11, 2024 104 Cover page interactive data file (embedded within the inline XBRL document) Table of Contents SIGNA TURES 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. WEYERHAEUSER COMPANY By: /s/ Kristy T. Harlan Name: Kristy T. Harlan Its: Senior Vice President, General Counsel and Corporate Secretary Date: November 12, 2024