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Georgia-Pacific Names President/COO and Realigns Leadership; Elects Hannan and Burandt to Board of Directors

Monday, August 07, 2006

Press release from the issuing company

ATLANTA, GA. August 01, 2006 -- Georgia-Pacific Corp. today announced that it has named James Hannan, 40, executive vice president - chief administrative officer, as the company’s new president and chief operating officer, effective immediately. In addition, two new members have been elected to Georgia-Pacific’s board of directors: Hannan and Michael C. Burandt, 62, executive vice president - North American consumer products. In his expanded role as president and COO, Hannan will continue reporting to Joseph W. Moeller, 62, chairman and chief executive officer. Hannan will add significant business group responsibilities and continue leading several major capability and functional areas for the company. Business leaders now reporting to Hannan will be Christian Fischer, group president - packaging; David R. Fleiner, president - gypsum; Michael T. Rehwinkel, president - wood products; William Schultz, president - international consumer products; as well as David Park, senior vice president - strategy and business development. The capability areas that will continue reporting to Hannan include information technology, the financial group and chief financial officer, the Market Based Management capability and corporate real estate. The human resources function, led by Senior Vice President Julie Brehm, will be realigned and now will report to Moeller. Others who will continue reporting to Moeller include Hannan, Burandt, and Bill Caffey, responsible for operations and compliance, who all sit on the Georgia-Pacific board along with Moeller. In addition, the company’s public sector capabilities, including the law department and general counsel’s office, the government and public affairs groups, as well as the fiber and energy supply and trading capability, will continue reporting to Moeller. “We have a strong leadership team that leverages our core capabilities and expertise and that is committed to effectively achieving results,” Moeller said. “These changes will further strengthen our management team and will allow me to focus more time on our company’s strategy to identify and capture opportunities that create the greatest long-term value. With their business and financial expertise, Jim and Mike both will be great additions to our board.”




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