Weyerhaeuser Names Miles P. Drake, SVP Research and Development, Chief Technology Officer
September 08 2006 - 12:00PM
PR Newswire (US)
FEDERAL WAY, Wash., Sept. 8 /PRNewswire-FirstCall/ -- Weyerhaeuser
Company (NYSE:WY) today announced the appointment of Miles P. Drake
as senior vice president, research and development and chief
technology officer effective Oct. 9. In his new role, Drake
oversees a research department of 430 employees devoted to growing
the core businesses, supporting Weyerhaeuser's customers and
creating new technical based options for growth for the
corporation. Drake will report to Richard E. Hanson, executive vice
president and chief operating officer, and will be a member of the
company's senior management team and operating committee. Drake
comes to Weyerhaeuser from Air Products and Chemicals, Inc.
(NYSE:APD) where he had served as vice president, research and
development and chief technology officer, since 2001. In that role,
Drake managed a global research and development budget of $150
million with facilities in the United States, United Kingdom,
Germany, the Netherlands, Spain, Korea, Japan and China. Drake
joined APCI in 1986 as a European technology manager based in
London and held numerous other leadership positions before assuming
his current role. He served as chairman of the Industrial Research
Institute, an organization of 200 global companies focused on
enhancing the effectiveness of technological innovation, in
2004-2005. Drake currently serves as a board member of the Da Vinci
Discovery Center and is the author of numerous research papers.
Drake holds a Ph.D. from Bristol University School of Surface
Chemistry and a BA Natural Science from Cambridge University UK.
Weyerhaeuser Company, one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2005, sales were
$22.6 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
http://www.weyerhaeuser.com/ . For more information contact: Media
-- Bruce Amundson, 253-924-3047 Analysts -- Kathryn McAuley,
253-924-2058 DATASOURCE: Weyerhaeuser Company CONTACT: media, Bruce
Amundson, +1-253-924-3047, or investors, Kathryn McAuley,
+1-253-924-2058, both of Weyerhaeuser Web site:
http://www.weyerhaeuser.com/
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