Tag Archives: pope resources

Pope Resources CEO leaving for Rayonier

blog.popeDavid Nunes, president and CEO of timber company Pope Resources, is leaving the company to join Rayonier Inc.

Nunes plans to depart Pope at the end of the month, according to a Monday news release. He led Pope for 12 years.

The Pope board of directors has already begun a search for Nunes’ replacement. Longtime CFO Thomas Ringo will serve as interim CEO.

“We are tremendously appreciative of the job Dave has done in his 12 years as CEO of the Partnership,” lead director Douglas Norberg said in the release. “We wish him the best as he embarks on his new responsibilities at Rayonier.

Pope Resources is based in Poulsbo. It owns the town of Port Gamble and large swaths of forestland in North Kitsap. Pope and its subsidiaries, Olympic Resource Management and Olympic Property Group, own or manage a total of 204,000 acres of timberland and development property in Washington, Oregon, and California.

Florida-based Rayonier owns or manages 2.6 million acres of timberland and produces wood fiber products.

Pope Resources announces $6.8 million land sale

Poulsbo-based Pope Resources announced a $6.8 million residential land sale in Gig Harbor this week.

Pope sold 63 single-family lots in its Harbor Hill development to Richmond American Homes,  according to a news release. Harbor Hill is a mixed-use development that includes residential properties, a business park and commercial properties.

“This is the second bulk sale of fully developed single-family lots we have closed on thus far this quarter,” Pope CEO David L. Nunes said in a release.  “We look forward to additional residential lot sales from our Harbor Hill project over the coming months and years as the project matures and enjoys increased interest from merchant builders.”

Pope and its subsidiaries own or manage 204,000 acres of timberland and development property in Washington.