Molpus Woodlands Group Names New Vice President of Business Development
November 11, 2008
JACKSON. - Dick Molpus, President of Molpus Woodlands Group, today announced the appointment of Edgar C. Marshall as the company's new vice president of Business Development.
"Edgar's skill set and leadership talents are a great complement to our company's strengths," Molpus said. "He is highly respected in the business of timberland investment."
Marshall joins Molpus from Greif, an industrial shipping container business with considerable timberland holdings, where he served as a vice president in their European manufacturing operations. Prior to that, he was the vice president and General Manager of Soterra, LLC, Greif's timberland subsidiary company from 2000 to 2004.
"Molpus has a long tradition of innovation and a proven track record of performance in the industry; I am excited about being a part of their team" said Marshall.
Molpus Woodlands Group acquires, manages and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies and high net-worth investors. The company is currently managing more than 732,000 acres.
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The Molpus Woodlands Group, LLC, a Registered Investment Advisor, was founded in 1996 as a Timber Investment Management Organization ("TIMO"). With its sister operating companies, Molpus has a history in the timber industry dating back to 1905, Molpus finds itself as one of the oldest timber-related companies in the nation with experience in all facets of timber management, manufacturing and marketing. MWG is one of the few TIMOs that is vertically-integrated with all core business and forestry functions handled or supervised by in-house experts
MWG and its sister operating companies employ 63 people in their twelve offices located in Alabama, Kentucky, Louisiana, Michigan, Mississippi, New York and Oklahoma. MWG acquires, manages and sells timberland as an investment vehicle for pension funds, college endowments, foundations, insurance companies and high net-worth individual investors. The company focuses on ensuring long-term optimum cash returns on investments while practicing responsible forest stewardship. In conjunction with the third-party marketing firm, Molpus Woodlands Advisors, with offices located in Massachusetts, Mississippi, Oregon and Tennessee, MWG is able to continue the tradition of servicing the needs of its clients.
Molpus Woodlands Group Names New Vice President of Business Development
