FONT-SIZE Plus   Neg

Potlatch Appoints Eric Cremers As EVP, CFO - Quick Facts

Potlatch Corp. (PCH) announced that it has named Eric Cremers executive vice president or EVP and chief financial officer or CFO, effective March 1, 2012.

In addition to his current role as chief financial officer, Cremers will assume responsibility for management of the company's timberlands in Idaho as well as responsibilities for harvest scheduling, science and technology support company-wide, the company stated.

These organizational changes are being implemented in advance of Brent Stinnett's planned retirement at year-end as the vice president, resource management.

Commenting on Cremers, Potlatch said he joined Potlatch in 2007 as vice president finance and chief financial officer after working for Albertsons as senior vice president, corporate strategy and business development. Prior to that, Cremers was managing director, investment banking for Piper Jaffray.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Germany's Deutsche Bank AG reported Thursday a profit in its third quarter, compared to loss a year ago. Last year, the company had registered a hefty 5.8 billion euros impairment charge related to Hua Xia Bank Co. Revenues also were higher in the quarter. Shares of Nokia Corp. were losing around 8 percent in the early morning trading after the Finnish network equipment maker reported a loss in its third quarter, compared to a profit last year. The results reflected costs related to Alcatel-Lucent deal. The company also said its Chief Financial Officer Timo Ihamuotila resigned to join Swiss engineering firm ABB Ltd. as CFO. Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a profit for the third quarter beating Wall Street estimates by a large margin, driven primarily by record production and deliveries. Shares of the company gained over 5 percent in extended hours after the company reaffirmed its delivery...
comments powered by Disqus
Follow RTT