Weyerhaeuser Welcomes Rick Beckwitt to Its Board of Directors

Weyerhaeuser Company, a leading timberland owner and manufacturer of wood products, announced the appointment of Rick Beckwitt to its board of directors. The news was made public on November 17, 2025, highlighting the extensive experience Mr. Beckwitt brings from his exceptional tenure in the homebuilding sector.

A Proven Track Record in Homebuilding

Rick Beckwitt has dedicated over 30 years to the homebuilding and real estate industries. His previous role as president and CEO of Lennar Corporation, one of the largest homebuilders in the U.S., solidifies his reputation as a leader capable of steering corporate strategy towards growth and innovation. Under his leadership, Lennar reported revenues exceeding $35 billion in 2024, showcasing his expertise in capturing growth opportunities within the competitive housing market.

Beckwitt’s journey with Lennar began in 2006 when he joined the company as an executive vice president. His rapid rise through the ranks saw him become president in 2011 before ultimately taking on the CEO role in 2018. He made significant contributions to Lennar's strategic direction until his retirement in September 2023, having successfully guided the company through numerous challenges in the housing sector.

Prior to Lennar, Mr. Beckwitt was president and director of D.R. Horton, another major player in home construction, where he contributed to substantial growth and several pivotal acquisitions. His career also includes a venture with EVP Capital, L.P., and corporate finance roles at Lehman Brothers, which provided him with a solid foundation in the financial aspects of the industry.

Welcoming the New Member

Rick R. Holley, chairman of Weyerhaeuser’s board, expressed enthusiasm about Mr. Beckwitt's appointment. He remarked on Beckwitt's impressive background in homebuilding and his commitment to fostering innovation and efficiency, qualities that will drive Weyerhaeuser's future initiatives. Holley stated, "Rick brings a wealth of knowledge and expertise that will help steer our board's efforts in navigating industry shifts and maximizing growth potential."

Mr. Beckwitt also holds a bachelor’s degree in psychology from Claremont McKenna College. In addition to his responsibilities at Weyerhaeuser, he remains active in the industry as a director for Eagle Materials, Inc., and Ferguson Enterprises, Inc.

A Glimpse into Weyerhaeuser

Weyerhaeuser, recognized as one of the world's largest private owners of timberlands, has been at the forefront of sustainability initiatives since its inception in 1900. The company currently oversees approximately 10.4 million acres of timberland in the U.S. and is committed to maintaining 100% sustainable forest management practices.

As a publicly traded real estate investment trust (REIT), Weyerhaeuser operates various business lines, including product distribution, climate solutions, and energy resources. In its latest financial report, the company revealed net sales of $7.1 billion and an employee base of around 9,400 individuals dedicated to serving a global customer base.

The integration of Rick Beckwitt into Weyerhaeuser’s board is viewed as a strategic move to enhance the company's governance and propel its business growth trajectory, ensuring it remains a leader in the timber and wood products industry for years to come.