Rayonier and PotlatchDeltic Announce Closing of Merger of Equals

Core Viewpoint - Rayonier has successfully completed its merger with PotlatchDeltic Corporation, creating a combined entity that owns over four million acres of diverse timberland in the United States and operates multiple sawmills and real estate developments [1]. Company Overview - Rayonier is a real estate investment trust (REIT) focused on land resources, managing over four million acres primarily in the U.S. South and U.S. Northwest, with a commitment to sustainable timberland management and optimizing portfolio value [5]. Leadership and Board Composition - The new senior leadership team of the combined company features equal representation from both Rayonier and PotlatchDeltic, with Mark D. McHugh serving as President and CEO [2]. - The Board of Directors includes five directors from each legacy company, with Eric J. Cremers as Executive Chairman and Scott R. Jones as Lead Independent Director [3]. Name and Stock Information - The combined company will initially retain the Rayonier name, with its common stock trading under the ticker symbol "RYN" starting February 2, 2026, and plans to announce a new name and ticker later in the first quarter of 2026 [4].