Longtime Seven Islands' CEO to retire, LaMontagne named as successor
Courtesy / Seven Islands Land Co.
John W. McNulty, left, will retire on Aug. 2 as president and CEO of Seven Islands Land Co., which manages 820,000 acres of Maine timberland for the Pingree family in Maine. Daniel J. LaMontagne, most recently senior director of land asset management at Weyerhaeuser, will be his successor and plans to join the company in June.
Seven Islands Land Co., a Maine-based forestland resource and management company, announced Thursday it has hired Daniel J. LaMontagne to succeed John W. McNulty as the firm’s president and CEO.
McNulty, who has spent 41 years with the company, will retire on Aug. 2. Seven Islands manages 820,000 acres of Maine timberland for the Pingree family, which has owned the land since 1841.
McNulty has served in his current role since April 2008. Prior to that, he served for 15 years as the company’s vice president of woodlands and three years as president of Orion Timberlands, a Seven Islands’ subsidiary that manages timberland for non-family clients.
Alex Ingraham, the Pingree family representative, thanked McNulty for more than four decades of working with the family to create a “sustainable working forest in Maine.”
“He has been an instrumental part of our family history and the growth and success of our forest and company,” Ingraham said. “We wish him the best in retirement and know that his passion for practicing exceptional silviculture will endure both in our forest, and his woodlot where he plans to spend a great deal of time after retiring.”
“I have been extremely fortunate to have worked in the forest industry in Maine during a period of rapid change and evolution since 1978,” McNulty said. “The opportunity to manage the same ownership my entire career and build a management program with exceptional team of foresters and managers has indeed been an honor and privilege.”
Returning to Maine
LaMontagne began his career working for Sappi and then Plum Creek as a forester in Bingham. He then had roles with increasing responsibility at Plum Creek and Weyerhaeuser in the southern United States. These roles included serving as director of operations support at Plum Creek and most recently as senior director of land asset management at Weyerhaeuser.
He and his family will be moving back to Maine and plan to reside in Bangor. He will begin work with Seven Islands in June.
Ingraham, speaking on behalf of Seven Islands' board, welcomed LaMontagne and his family back to Maine. “We look forward to the next chapter in a long line of exceptional executives that Seven Islands has had the privilege of working with,” he said.
LaMontagne said he was honored to have the opportunity to return to Maine with his family and “to join the Seven Islands team and be part of this next phase in the company’s history.”
“Seven Islands has an exceptional reputation for sustainable forest management and is well positioned to contribute to, and benefit from, the evolving forest economy in Maine,” he said.
The Pingree holdings are not related to U.S. Rep. Chellie Pingree, D-District 1.
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