Bond Starker, head of Oregon timber company Starker Forests, announces his retirement
Capital Press
Starker Forests Inc., the Corvallis-based company that began with an Oregon State University forestry professor who saw the value of buying cut-over timberland in the wake of the Depression, is looking for a new CEO.
Bond Starker, president and chairman and one of the founder’s grandsons, said he will retire in April, when he turns 70. The company is advertising for a CEO, most likely to bridge the gap until the next generation of Starkers — potentially his children and those of his brother, Barte — is in position to assume control. Barte Starker retired in 2015.
In a prepared statement, Bond Starker said he’s looking forward to seeing the next generation continue to implement the vision, values and ingenuity that made the company successful.
“That’s a value that our family has maintained for decades — from our forestry practice to our commitment to this community — we’re in it for the long haul, and that won’t change,” he said.
The company owns 87,000 acres of timber in Benton, Lane, Lincoln, Linn and Polk counties and survived Oregon’s timber wars with its reputation intact. The company didn’t venture into the more volatile milling side of the business, instead focusing on growing and selling timber as logging on public forests was restricted by environmental decisions and lawsuits.
The company developed from the foresight of T.J. Starker, Bond and Barte’s grandfather, who in 1910 was one of the first four graduates from the forestry program at Oregon Agricultural College, now OSU. T.J. Starker returned to the college as a forestry professor in 1922 and taught for 20 years. He began buying second-growth timberland in 1936, specifically seeking land with no snags on the ridges, gentle terrain and good drainage, according to an online family history. At the time, few in the timber industry realized that Oregon’s old-growth timber would become a reduced commodity.
T.J.’s son, Bruce Starker, also an OSU forestry grad, took over the company but died in a plane crash in 1975.
“Barte and I were accelerated into positions of responsibility,” Bond Starker said in an interview.
Rather than operate mills and deal with a large workforce, the company has remained a streamlined timber-growing operation. It has about 20 full-time employees, many of whom have worked for Starker Forests for decades, and typically takes on 10 to 12 summer interns.
The company has made a point of reducing financial risk by “mostly using our own money,” Bond Starker said. “It’s kept us slow and steady, I guess.”
The company has deep social, charitable and professional ties in Corvallis, Philomath and at Oregon State University, where among other gifts it supports the College of Forestry’s annual Starker Lecture Series. The community has been “awfully good” to the company, Starker said, and the company wants to return the favor.
He said the next CEO should, “Do your best to stay current on the issues, be knowledgeable on subject areas you deal with, share information among the team and listen for other ideas.”
Online
The Starker Forests job posting: http://www.starkerforests.com/jobs/ceo/
