DAVID B. FERRARO became Chairman and Chief Executive Officer of Buckeye
Technologies Inc. on April 1, 2003. Until that time, Mr. Ferraro served
as President and Chief Operating Officer of Buckeye since the company
was formed in 1993. He joined Buckeye’s predecessor company, Buckeye
Cellulose, a subsidiary of Procter & Gamble, in 1973. He was appointed
Buckeye Cellulose’s Executive Vice President and Manager of Commercial
Operations in 1987 and became President of the subsidiary in 1989. Mr.
Ferraro has been active in various forest products industry trade
associations. He has served on the Board of Directors of the American
Forest & Paper Association and the Board of Governors of the National
Council of the Paper Industry for Air and Stream Improvement.