Domain Timber Advisors Enhances Leadership for Strategic Growth
Leadership Changes at Domain Timber Advisors
Domain Capital Group, LLC has announced a strategic leadership transition at its subsidiary, Domain Timber Advisors, LLC. Effective from the start of the upcoming year, these changes aim to bolster the firm's position within the timberland and natural capital sectors. This move closely aligns with Domain's overarching strategic goals and addresses emerging opportunities in these industries.
Retirement of Joe Sanderson
As part of this transition, Managing Director Joe Sanderson will retire, bringing an end to a notable career within the timber industry. Sanderson will continue in an advisory capacity until the end of 2025, ensuring a smooth handover and ongoing support for the team and its investors.
Patrick Leardo, CEO of Domain Capital Group, acknowledged Sanderson's contributions, emphasizing the integral role he has played in nurturing Domain Timber Advisors into a respected and prosperous business. "We extend our heartfelt thanks for his leadership over the years as he embarks on this new chapter in his life," Leardo remarked.
Introducing New Leadership
In the wake of Sanderson's retirement, industry veterans John Capriotti and Don Warden have been chosen to step in as managing directors and co-heads at Domain Timber Advisors. Their extensive experience encompasses the management and sale of large timberland portfolios, exceeding three million acres.
Capriotti, with a solid background in real estate, timber, and financial sectors, boasts over 20 years of experience. He has played a crucial role in driving the growth of several timberland companies, reaching a combined asset valuation of over $3 billion.
Warden’s credentials are equally impressive, with over 25 years in leadership roles across various investment companies in the timber and real estate sectors. His remarkable expertise spans asset management, real estate transactions, and natural capital development, overseeing transactions worth more than $2 billion throughout his career.
Both leaders expressed enthusiasm about joining the Domain Timber Advisors team and their commitment to enhancing the company’s sustainability initiatives. Capriotti shared his excitement about harnessing the momentum Domain has gained in recent years. Warden echoed these sentiments, highlighting the significance of advancing projects in forest carbon, biodiversity, and mitigation banking.
Promoting Scott Reaves
The leadership updates also see Scott Reaves rising to the managing director role, a position that acknowledges his significant contributions since joining the firm in 2017. Reaves is anticipated to play a pivotal role in facilitating continuity during this period of transition. His over 20 years of experience in the industry will be invaluable as he leads operations at Domain Timber Advisors.
Reaves expressed his deep appreciation for the new opportunity and his dedication to serving investors while further advancing the organization's mission.
Long-Term Vision and Commitment
Domain Timber Advisors is steadfast in its dedication to providing differentiated, value-added timberland solutions while exploring other opportunities in natural capital and alternative land uses. Leardo emphasized that the leadership transition symbolizes a natural progression in the firm’s growth journey. The expertise of Capriotti and Warden is expected to propel Domain toward achieving its strategic objectives while delivering results for their investors.
The company is optimistic about the future of timberland assets and remains committed to fostering success through innovation and active management. By investing in leadership, Domain Timber Advisors positions itself to meet the challenges of an evolving marketplace.
About Domain Capital Group
Based in Atlanta, Domain Capital Group, LLC is a private investment management firm that offers comprehensive services to a diverse range of clients, including institutions, pensions, corporations, foundations, endowments, and high-net-worth individuals. The experienced professionals at Domain manage an array of asset classes, such as real estate, natural resources, media, technology, and credit.
As of late September, Domain managed assets totaling approximately $7.9 billion, with a substantial portion in real estate and alternative assets. The company has established itself as a reputable firm committed to the long-term success of its clients and the sustainability of its investment strategies.
Frequently Asked Questions
1. What prompted the leadership changes at Domain Timber Advisors?
The leadership changes were implemented to enhance the company's strategic growth and align with emerging opportunities in the timberland and natural capital sectors.
2. Who are the new managing directors at Domain Timber Advisors?
John Capriotti and Don Warden have joined as managing directors and co-heads, bringing extensive experience from the timberland sector.
3. What is Joe Sanderson's role after retirement?
Joe Sanderson will remain in an advisory capacity through 2025 to ensure a smooth transition during leadership changes.
4. How does Scott Reaves fit into the new leadership structure?
Scott Reaves has been promoted to managing director and will continue to lead operations, ensuring continuity and stability during the transition.
5. What future plans does Domain Timber Advisors have?
The firm plans to maintain its commitment to value-added timberland strategies while exploring additional natural capital solutions and sustainability initiatives.
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