SEATTLE (News release) -- Weyerhaeuser Company has announced the appointment of Richard "Rick" Beckwitt, former president, chief executive officer and director of Lennar Corporation, to the company's board of directors. His appointment is effective immediately.

"We are very pleased to welcome Rick to the Weyerhaeuser board of directors," says Rick R. Holley, chairman of the board of directors. "Rick brings more than 30 years of experience in the homebuilding and real estate industries, including leading two of the largest homebuilding companies in the United States. He has a proven record of leveraging growth opportunities and driving successful corporate strategy, and he has demonstrated a deep commitment to innovation, operational efficiency and building strong teams throughout his career."

Mr. Beckwitt served in various executive leadership capacities at Lennar Corporation, one of the nation's leading homebuilders, with 2024 revenues exceeding $35 billion. He retired as co-chief executive officer and co-president in September 2023, positions he had held since 2020. He joined Lennar in 2006 as an executive vice president, became president in 2011 and was promoted to chief executive officer in 2018. He also served on the Lennar board of directors from 2018 until his retirement.

Prior to joining Lennar, Mr. Beckwitt served as president and director of D.R. Horton, where he led the company through a period of significant growth and multiple acquisitions. He also previously worked as owner and principal at EVP Capital, L.P., a venture capital and real estate advisory company, and in corporate finance and mergers and acquisitions with Lehman Brothers. He holds a bachelor of arts degree in psychology from Claremont McKenna College and also serves as a director of Eagle Materials, Inc., and Ferguson Enterprises, Inc.