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Rayonier Names Boynton As President/COO

October 1, 2010

Paul Boynton has been elected president and chief operating officer of Rayonier effective October 1. Mr. Boynton will report to Lee Thomas, chairman and CEO.

Mr. Boynton will be responsible for all of Rayonier's operating businesses. He will maintain oversight for Rayonier's Forest Resources business, which sustainably manages nearly 2.5 million acres of timberland in the U.S. and New Zealand, and for the Real Estate business, which manages the thousands of acres of land with potential for commercial, residential, conservation or recreational uses. Mr. Boynton will also be responsible for the Performance Fibers business, a global leader in the manufacture of high-performance specialty cellulose fibers.

Mr. Boynton joined Rayonier in 1999 and currently serves as executive vice president, Forest Resources and Real Estate. Prior to that, he was senior vice president, Performance Fibers and Wood Products. Mr. Boynton holds a Bachelor of Science in mechanical engineering from Iowa State University, a Master of Business Administration from the University of Iowa and graduated from the Harvard University Graduate School of Business Advanced Management Program. He is also a director of The Brinks Company, a global security services company with operations in more than 50 countries.

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