SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
June 6, 2002
(Date of earliest event report)
WEYERHAEUSER COMPANY
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(Exact name of registrant as specified in charter)
Washington 1-4825 91-0470860
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation or Number)
organization)
Federal Way, Washington 98063-9777
(Address of principal executive offices)
(zip code)
Registrant's telephone number, including area code:
(253) 924-2345
Item 5. Other Events
On June 6, 2002, Weyerhaeuser Company issued a press release stating the
following:
FEDERAL WAY, Wash. - Weyerhaeuser Company (NYSE: WY) today announced that
Nicole W. Piasecki, 39, has been appointed to the company's board of
directors. Piasecki currently serves as vice president, marketing and
business strategy for Boeing Commercial Airplanes.
Prior to joining Boeing in 1992, Piasecki had served as a business analyst
for special projects, reporting to the president, for Weyerhaeuser Japan Ltd.
in Tokyo. In that role, she developed and implemented marketing strategies
for the building products business in Japan. Piasecki also worked with the
sales force to evaluate the competitiveness of the fine paper business and
directed a shift in sales of linerboard in the Far East.
"Nicole is an energetic person who brings with her first-hand working
knowledge of our business and the perspective of how we need to evolve as a
company to compete in the global marketplace," said Steven R. Rogel,
chairman, president and chief executive officer. "This combination will make
Nicole an important contributor as our board works closely with our
management team to shape the future of Weyerhaeuser."
Piasecki holds a master of business administration degree from The Wharton
School and a bachelor of science in mechanical engineering from Yale
University. She was one of three Wharton students selected to participate in
the International Program at the Keio Business School in Yokohama, Japan and
later attended an executive course in corporate strategic management at the
Massachusetts Institute of Technology.
Weyerhaeuser Company, one of the world's largest integrated forest products
companies, was incorporated in 1900. In 2001, sales were $14.5 billion. It
has offices or operations in 18 countries, with customers worldwide.
Weyerhaeuser is principally engaged in the growing and harvesting of timber;
the manufacture, distribution and sale of forest products; and real estate
construction, development and related activities. Additional information
about Weyerhaeuser's businesses, products and practices is available at
www.weyerhaeuser.com.
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This news release contains statements concerning the company's future results
and performance that are forward looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. The accuracy of such
statements is subject to a number of risks, uncertainties and assumptions
that may cause actual results to differ materially from those projected,
including, but not limited to, the effect of general economic conditions,
including the level of interest rates and housing starts; market demand for
the company's products, which may be tied to the relative strength of various
U.S. business segments; performance of the company's manufacturing
operations; the level of competition from foreign producers; the effect of
forestry, land use, environmental and other governmental regulations; and the
risk of losses from terrorist activity, fires, floods and other natural
disasters. The company is also a large exporter and is affected by changes
in economic activity in Europe and Asia, particularly Japan, and by changes
in currency exchange rates, particularly the relative value of the U.S.
dollar and the Euro, and restrictions on international trade or tariffs
imposed on imports, including the countervailing and anti-dumping duties
imposed on the company's softwood lumber shipments from Canada to the United
States. These and other factors that could cause or contribute to actual
results differing materially from such forward looking statements are
discussed in greater detail in the company's Securities and Exchange
Commission filings.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WEYERHAEUSER COMPANY
By /s/ Steven J. Hillyard
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Its: Vice President and
Chief Accounting Officer
Date: June 7, 2002