Rayonier Inc at NAREIT REITweek: Investor Conference Transcript

Jun 06, 2023 / 03:45PM GMT
Anthony James Pettinari - Citigroup Inc. Exchange Research - Research Analyst

Good morning. I'm Anthony Pettinari. I cover the timber REITs at Citi, and we're very pleased to welcome Mark McHugh, CFO of Rayonier. And he's joined by Collin Mings, VP of Capital Markets and Strategy. I think Mark is going to give an introduction to the company, and then we'll move right into Q&A. And I would just encourage those in the room. You can ask questions on the mic or just raise your hand, and we'll do that. So Mark?

Mark D. McHugh - Rayonier Inc. - President & CFO

Yes. Thanks, Anthony, for the introduction, and thanks, everybody, for joining us today. I'm just going to walk through a handful of slides, and then we'll leave plenty of time for Q&A. I'm going to be referencing the slide deck that's posted to our website under the NAREIT conference presentation.

Briefly on Slide 2, Rayonier At A Glance, Rayonier is the second largest of the 3 timber REITs. We own or lease approximately 2.8 million acres across the U.S. South, U.S. Pacific Northwest and

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