Paper360 - November/December 2016 - 18


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CEO OF THE YEAR: NORTH AMERICA

RISI's North American
CEO of the Year
Meet Doyle Simons, President and CEO, Weyerhaeuser
Doyle Simons counts on efficiency and work traits
for a bigger Weyco REIT as the firm exits pulp and paper.
GREG RUDDER

Nippon Paper deal had been completed; the
IP deal was still pending.) A third and final
paper business, Norpac publication papers in
Longview, WA, is also slated for sale.
Chiefly due to the Plum Creek acquisition, Wall Street analysts selected Simons
as the RISI 2016 North America CEO of the
Year. He was honored in October at RISI's
31st annual Forest Products Conference in
San Diego. Simons is the first industry CEO
from two different companies to win RISI's
top executive honor; he won the 2009 award
while at Temple-Inland. His progress at
Weyerhaeuser is also unique, according to
analysts and insiders.

Weyerhaeuser President and CEO Doyle Simons.

WEYERHAEUSER AT A GLANCE
Weyerhaeuser Corporation
was founded in 1900 by Frederick
Weyerhaeuser. Today, the company is
a real estate investment trust (REIT)
that owns or controls more than 13
million acres of timberlands, primarily in the US, and manages additional
timberlands under long-term licenses
in Canada. Weyco is listed on the Dow
Jones World Sustainability Index.
The company is also one of the
largest manufacturers of wood
and cellulose fibers products.
Weyerhaeuser's cellulose fiber unit
includes five pulp mills that produced 1,822 million tons last year and
gained US$1.499 billion in revenue.

18

When Doyle Simons took over at
Weyerhaeuser, described by one insider as a
"stodgy" company, he came to dramatically
change things, traveling from his small-town
Texas and Temple-Inland executive roots to
the Pacific Northwest.
Right before he started, the company
acquired Longview Timber for US$2.65 billion in July 2013. Two-and-a-half years later,
Simons significantly expanded Weyerhaeuser
with a US$8.4 billion merger with Plum Creek
Timber, and is finishing the company's full
separation from the pulp and paper business
after an 85-year run.
The Plum Creek acquisition established
Weyerhaeuser as the  largest US timberland owner and a US$25-30 billion REIT.
Weyerhaeuser's final pulp and paper assets
are to be sold in deals with International
Paper (IP) for US$2.2 billion and with Nippon
Paper for US$285 million. (At press time, the

SIMONS 'ABOUT WINNING'
His changes are both far-reaching and
simple. He wants Weyerhaeuser to be a "truly
great" company. He used the term more than
once in the company's latest annual report,
identifying this seemingly indefinable goal
by emphasizing workers should "act with
urgency, be accountable, be courageous, keep
it simple, and be innovative."
Asked about the "truly great" claim, and
using a sports analogy about the importance of
consistent habits and routine to be successful,
Simons said in a nearly hour-long interview
with PPI Pulp & Paper Week: "It's ultimately
about winning, and I'm a big believer in people
liking to win."
During his first 50 days as CEO in 2013,
Simons zig-zagged across the country, visiting 50 company sites. At each location, he
led a town hall meeting, toured the property,
and spoke one-on-one with workers. He found
what he called "really good assets" and "really
good people." A new company official said of
the 52-year-old Simons: "He believes the way

Paper360º  NOVEMBER/DECEMBER 2016www.tappi.org


http://www.tappi.org

Table of Contents for the Digital Edition of Paper360 - November/December 2016

Setpoint
Over the Wire
Proud to be a Papermaker
RISI’s North American CEO of the Year
Kingsport Celebrates Its Centennial
Nonwood Fiber: Growth and Opportunity
Iggesund Converts Energy Savings to Income
PPI Awards Finalists for 2016
The Next-Generation QCS
Best Practices for Wastewater Treatment and Management
TAPPI Journal Summaries
Beware the Enterprise Valuation Measure
Interesting Developments in the Dissolving Pulp Market
Is Oversupply Looming?
TAPPI News
ASPI News
Index of Advertisers
Paper360 - November/December 2016 - bellyband1
Paper360 - November/December 2016 - bellyband2
Paper360 - November/December 2016 - cover1
Paper360 - November/December 2016 - cover2
Paper360 - November/December 2016 - 3
Paper360 - November/December 2016 - 4
Paper360 - November/December 2016 - 5
Paper360 - November/December 2016 - Setpoint
Paper360 - November/December 2016 - 7
Paper360 - November/December 2016 - Over the Wire
Paper360 - November/December 2016 - 9
Paper360 - November/December 2016 - 10
Paper360 - November/December 2016 - 11
Paper360 - November/December 2016 - Proud to be a Papermaker
Paper360 - November/December 2016 - 13
Paper360 - November/December 2016 - 14
Paper360 - November/December 2016 - 15
Paper360 - November/December 2016 - 16
Paper360 - November/December 2016 - 17
Paper360 - November/December 2016 - RISI’s North American CEO of the Year
Paper360 - November/December 2016 - 19
Paper360 - November/December 2016 - 20
Paper360 - November/December 2016 - 21
Paper360 - November/December 2016 - Kingsport Celebrates Its Centennial
Paper360 - November/December 2016 - 23
Paper360 - November/December 2016 - Nonwood Fiber: Growth and Opportunity
Paper360 - November/December 2016 - 25
Paper360 - November/December 2016 - 26
Paper360 - November/December 2016 - 27
Paper360 - November/December 2016 - Iggesund Converts Energy Savings to Income
Paper360 - November/December 2016 - 29
Paper360 - November/December 2016 - 30
Paper360 - November/December 2016 - 31
Paper360 - November/December 2016 - PPI Awards Finalists for 2016
Paper360 - November/December 2016 - 33
Paper360 - November/December 2016 - The Next-Generation QCS
Paper360 - November/December 2016 - 35
Paper360 - November/December 2016 - 36
Paper360 - November/December 2016 - 37
Paper360 - November/December 2016 - Best Practices for Wastewater Treatment and Management
Paper360 - November/December 2016 - 39
Paper360 - November/December 2016 - 40
Paper360 - November/December 2016 - 41
Paper360 - November/December 2016 - TAPPI Journal Summaries
Paper360 - November/December 2016 - 43
Paper360 - November/December 2016 - 44
Paper360 - November/December 2016 - 45
Paper360 - November/December 2016 - Beware the Enterprise Valuation Measure
Paper360 - November/December 2016 - 47
Paper360 - November/December 2016 - 48
Paper360 - November/December 2016 - 49
Paper360 - November/December 2016 - Interesting Developments in the Dissolving Pulp Market
Paper360 - November/December 2016 - 51
Paper360 - November/December 2016 - Is Oversupply Looming?
Paper360 - November/December 2016 - 53
Paper360 - November/December 2016 - TAPPI News
Paper360 - November/December 2016 - 55
Paper360 - November/December 2016 - ASPI News
Paper360 - November/December 2016 - 57
Paper360 - November/December 2016 - Index of Advertisers
Paper360 - November/December 2016 - cover3
Paper360 - November/December 2016 - cover4
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