David L. Nunes has been the President and CEO of Rayonier Inc., a leading timberland real estate investment trust (REIT), since 2014. With over 30 years in the forest products industry, he has held various key roles in timberland management...
David L. Nunes has been the President and CEO of Rayonier Inc., a leading timberland real estate investment trust (REIT), since 2014. With over 30 years in the forest products industry, he has held various key roles in timberland management and strategic planning. Under his leadership, Rayonier has grown to manage approximately 2.7 million acres of timberland. Interestingly, David plans to retire on March 31, 2024, but will stay on to help transition to the new CEO. This shows his commitment to a smooth leadership change. David's compensation has varied over the years, with a whopping $6 million in total compensation for 2023, showing the rewards of successful leadership. However, his role has not just been about numbers; he has been pivotal in aligning the company with long-term sustainable practices and improving shareholder value. When it comes to performance, David has consistently met or exceeded financial targets, which shows his strong focus on driving results. In short, he’s a seasoned leader ready to hand off the reins but committed to ensuring Rayonier's future success during the transition.