Weyerhaeuser Wins Round One of Battle
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Weyerhaeuser's slate of three—Thomas Luthy, Robert Lane and Evelyn Cruz Sroufe—nudged out the Willamette slate of Kenneth Hergenhan, Duane McDougall (president and CEO) and Robert Smelick for the three positions on the nine-member board.
The Weyerhaeuser slate collected 49.16 million shares, or 44.85 percent of the total shares outstanding, compared to 46.91 million shares, or 42.80 of the total shares outstanding. Willamette has approximately 109.6 million shares outstanding.
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