JAWA Lunch With Leaders -- Eric Cremers
In this Lunch With Leaders session, President & COO of Potlatch Deltic, Eric Cremers, discusses her career and life journey andΒ ...
President, Chief Executive Officer & Director, Potlatchdeltic
Search every verified Eric Cremers interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In a September 2021 appearance with Junior Achievement of Washington, Eric Cremers discussed his career and the operations of PotlatchDeltic, where he had recently been promoted to CEO. Cremers described the company as a forest products firm with approximately 1.8 million acres of timberland and seven mills, harvesting about 6 million tons of logs per year and producing roughly 1 billion board feet of lumber. He noted that the company had a market capitalization of a little over three billion dollars and net debt of around 700 million dollars. Cremers stated that he joined Potlatch 14 years earlier as CFO, later became COO, and was promoted to CEO about a month before the talk. Cremers recounted that his primary task as CFO was to decide the fate of the pulp and paper business, which ultimately led to spinning it off into a new company called Clearwater. He advised that communication skills are important in large companies and encouraged setting high goals, stating, "Never underestimate yourself. Set high goals for yourself. You'd be amazed at what you can accomplish if you just put your mind to it." He also expressed pride in his work and a desire for his company to be the best in the industry.
“Potlatch Deltic just to tell you a bit about it, we're a forest products company with about 1.8 million acres of timberland and seven mills producing lumber and plywood. We harvest about 6 million tons per year of logs and produce about 1 billion board feet of lumber, enough to build about 70,000 houses. We are the 10t...”
“My primary task as CFO was to figure out what to do with the pulp and paper businessβwhether to keep it, sell it, or spin it off. Ultimately, we decided to spin the company off into a new business called Clearwater, headquartered here in Spokane, which took about two years to complete.”
“I have a market capitalization of a little over three billion dollars and net debt of around 700 million dollars, so our company value is around four billion dollars.”
“I joined Potlatch 14 years ago as the chief financial officer, never having been a CFO before, but I had the confidence to do the job. Later, I moved into the chief operating officer role overseeing the company's business units where the money is made, and after seven years as COO, I was promoted to CEO just about a mo...”
In this Lunch With Leaders session, President & COO of Potlatch Deltic, Eric Cremers, discusses her career and life journey andΒ ...
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