Timberland management company Potlatch has named Jerald W. Richards as vice president and chief financial officer.

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Timberland management company Potlatch has named Jerald W. Richards as vice president and chief financial officer.

Richards takes over from Eric Cremers, 49, who was recently promoted to president and chief operating officer.

Richards, 45, previously served as chief accounting officer at lumber company Weyerhaeuser Co. His appointments are effective on Sept. 1.

Potlatch Corp. is based in Spokane, Wash.

Its shares finished at $44.01 on Friday. They have traded in a 52-week range of $33.10 last August to $51.48 on May 22.