Rising Profits, Rising Injuries: Koch Industries Faces a Safety Crisis at Georgia-Pacific [Fortune]
Weyerhaeuser Company (WY)
Last weyerhaeuser company earnings: 5/1 03:05 am
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Source: Fortune
Pinterest This article is a collaboration between and , a nonprofit investigative news organization. It is adapted from the forthcoming book In March of 2014, Jim Hannan joined a group of executives at Georgia-Pacific to discuss a burgeoning crisis. Hannan was CEO of Georgia-Pacific, reporting to Charles Koch, the CEO of Koch Industries, which had bought the paper and pulp company in 2005. Hannan, a longtime Koch employee, had been doing a stellar job by some standards—the maker of Brawny paper towels and Quilted Northern toilet paper was paying down debt and delivering higher profits. But there was a hitch: The workplace was becoming more dangerous. In 2013, two Georgia-Pacific employees had been killed on the job. Injuries had continued to rise, and Hannan was upset. During the meeting, Hannan berated his leadership team. “The last six months is unacceptable,” he said, according to notes taken by someone who observed the meeting. Hannan suggested that the future of the company was
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WY
News
- Analysts Estimate Weyerhaeuser (WY) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- Weyerhaeuser (NYSE: WY) had its "hold" rating re-affirmed by analysts at Truist Financial Co.. They now have a $36.00 price target on the stock.MarketBeat
- Weyerhaeuser to Release First Quarter Results on April 25PR Newswire
- Carbon/ESG Capital Inflows Aid Weyerhaeuser (WY), Costs High [Yahoo! Finance]Yahoo! Finance
- Weyerhaeuser (NYSE: WY) had its price target raised by analysts at BMO Capital Markets from $36.00 to $38.00. They now have a "market perform" rating on the stock.MarketBeat
WY
Earnings
- 1/25/24 - Beat
WY
Sec Filings
- 3/28/24 - Form 144
- 3/28/24 - Form 4
- 3/27/24 - Form 8-K
- WY's page on the SEC website