EL DORADO, AR – Deltic Timber Corporation (NYSE-DEL ) announced that John D. Enlow has been appointed President and Chief Executive Officer, effective March 8, 2017. A seasoned forest resources executive, Mr. Enlow joins Deltic having most recently served as Vice President, Real Estate and Southern Timberlands at Weyerhaeuser, from 2014 to 2016, after serving over 16 years in roles of increasing responsibility at Rayonier Inc.
“We are pleased to welcome a proven leader of John’s caliber and experience to the Deltic team,” said Robert C. Nolan, Chairman of the Board. “John’s broad industry expertise in forestry, real estate development, finance and operations will be invaluable as the Company continues to capitalize on momentum in the housing and wood products markets. Deltic has a strong foundation in place and we are confident that, under John’s leadership, Deltic will continue to deliver high quality products, achieve strong financial and operational performance and enhance shareholder value.” Mr. Nolan continued, “We also want to thank Mark Leland for stepping in to lead the Company on an interim basis while the Board conducted its search process.”
“I am honored to join the talented team at Deltic and am excited about the opportunities that lie ahead for the Company,” said Mr. Enlow. “Deltic has an outstanding asset base and strong manufacturing operations. I look forward to working closely with the Board and other members of the management team to set and execute the Company’s strategy and continue creating value for all of Deltic’s shareholders.”