Promotions and a New Hire

The Forestland Group LLC (TFG) announced today the promotion of the following three employees:

Blake Stansell has been promoted to Senior Vice President – Investments.

Kaarsten Turner-Dalby has been promoted to Vice President – Ecological Services.

Linwood Thornton has been promoted to Senior Vice President and CFO.

In his position, Blake will assume increased responsibility for timberland acquisition due-diligence activities, valuation modeling, timber and timberland market analysis, and coordination of third-party appraisals.

Kaarsten will continue oversight of the FSC certification program and TFG’s efforts to generate increased revenues from a diversity of ecological services including sales of carbon credits and working-forest conservation easements, leasing of wind-energy rights, and monetization of non-timber attributes associated with forestland ownership.

Lin will continue leading TFG’s financial and administrative team, which is charged with such functions as reporting, tax, risk management, financing, budgeting, and fund administration.

In addition, TFG welcomes a new forestry professional to the team. Joe Schwartz has been named the Assistant to the Regional Director of Forest Operations – Southern Region. Joe will be assisting Andy Norris in overseeing the management activities for the southern region.

Prior to joining TFG, Mr. Schwartz served as Resource Forester for the Missouri Department of Conservation. Based in Sedalia, his responsibilities included the design and implementation of a statewide CFI project, silvicultural programs, managing wildlife and recreation resources on multiple conservation areas, providing forest-management assistance to private landowners, as well as being a technical resource to field forestry staff for inventory design and analysis, ArcGIS, GPS, and data recorders. Prior to working for the Department of Conservation , Joe worked as a Forester for Clearwater Forest Consultants and as a Forestry Sub-Contractor for Chestnut Ridge Forestry.

Mr. Schwartz holds a Master of Science in Silviculture from Michigan Technological University and a B.S. in Forest Science from the University of Wisconsin. He is a member of the Society of American Foresters.