Timberlands company Weyerhaeuser Co. announced Monday that Chief Executive Doyle Simons is retiring. Weyerhaeuser said its board has chosen Devin Stockfish, currently senior vice president of timberlands at the company, to take over as CEO at the start of 2019. Mr. Simons will be an adviser to the company until April 1 and will leave the board when Mr. Stockfish becomes CEO, the company said.

Source: Wall Street Journal August 27, 2018 13:21 UTC