The Lyme Timber Company



Key Staff

James W. Hourdequin, Chief Executive Officer

James W. Hourdequin

Jim joined Lyme in 2005 and leads the Company’s investment and business strategies. Over the past ten years, he has managed the acquisition of over 800,000 acres of timberland throughout the US and Canada. Jim has expertise in structuring transactions that combine conservation outcomes with attractive income yields from sustainable timber harvesting. Prior to Lyme, Jim co-founded Long View Forest Inc., a logging and forestry services business based in Vermont, where he remains involved as an owner and member of the management team. He serves on the Board of the New Hampshire Charitable Foundation’s Upper Valley Region and was a founding board member of the Center for Woodlands Education, publisher of Northern Woodlands magazine. Jim earned an MBA with Distinction from the Harvard Business School in 2005 and a B.A. cum laude in Biology from Dartmouth College in 1998.

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Peter R. Stein, Managing Director

Peter SteinPeter Stein joined Lyme in 1990 and leads the Company’s conservation strategies. Prior to joining Lyme, Peter was Senior Vice President of the Trust for Public Land (TPL) where he directed TPL’s conservation real estate acquisitions in the Northeast and Midwest. Peter lectures extensively at graduate schools and professional conferences on conservation investment schemes and strategies. He is a member of the Board of Directors of the Forest History Society and the National Alliance of Forestland Owners. In addition, he is a former Board Chair of the Land Trust Alliance, served as a founding Commissioner of the Land Trust Accreditation Commission, and serves as a member of the Advisory Board of Rose Smart Growth Real Estate Fund No. 1. Peter earned a B.A. with Highest Honors from the University of California at Santa Cruz in 1975 and was a Loeb Fellow and received a Certificate in Advanced Environmental Studies from Harvard University in 1981. In 2012/2013, he was awarded the Kingsbury Browne Fellowship from the Lincoln Institute of Land Policy, as well as the Kingsbury Browne Award from the Land Trust Alliance.

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Thomas Morrow, Managing Director

Thomas Morrow

Tom joined Lyme in 1983. He has extensive experience managing the acquisition, operation, and disposition of forestland and conservation easements. Tom manages property due diligence efforts and acquisition negotiations on behalf of the Company. Over the past ten years, Tom has negotiated conservation transactions on over 700,000 acres of land. Tom worked as a consulting forester prior to joining the Company and earned a B.S. Cum Laude from the SUNY School of Environmental Science and Forestry at Syracuse in 1977.

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David P. Hoffer, Managing Director

David                          P. Hoffer

David joined Lyme in 2011 and oversees the Company’s high-priority conservation land and mitigation bank strategies. He also serves as general counsel and chief compliance officer to the firm. Prior to joining Lyme, David spent ten years as a partner at one of the oldest middle-market investment banks in Boston, where he directed all aspects of deal execution, originated new business, and oversaw the finance, legal, and human resources functions for the firm. Before that, he was an executive at two Boston-based technology companies, a practicing lawyer, and an entrepreneur. From 1988 until 2013 David served on the board of the Ninevah Foundation, a land trust that has conserved thousands of acres of Vermont forestland using a variety of innovative financing tools. In 1995, David was part of a small team that secured financing for one of the first conservation easements under the federal Forest Legacy program in Vermont. David earned an M.B.A. from the Harvard Business School and a J.D. cum laude from Harvard Law School in 1996, and an A.B. magna cum laude in 1991 from Harvard College.

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Sean Ross, Director of Forestry Operations

Sean                          Ross

Sean joined Lyme in 2004 and is responsible for forest management and forest certification on Lyme’s holdings. He oversees the day-to-day activities of third party forest managers engaged by the Company. In addition, Sean participates in acquisition and disposition due diligence with a focus on supervising forest inventories conducted by third party consultants. Prior to joining Lyme, Sean worked as a consulting forester, directing forest inventory projects and managing timber harvesting operations, as well as purchasing standing timber and selling logs. He serves on the Board of Directors of the Empire State Forest Products Association, is a licensed New Hampshire Forester and a member of the Society of American Foresters. Sean earned a B.S. in Forestry from the University of Vermont in 1997.

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Liz Adams, Director of External RelationsLiz Adams

Liz joined Lyme in 2014 and is responsible for external relations and communications with current and potential investors. She also assists in developing conservation strategies and managing relationships with conservation partners. Prior to joining Lyme, Liz spent twelve years raising public and private funds for conservation non-profit organizations. Liz engaged government officials and voters in supporting land conservation funding initiatives at the Trust for Public Land, where she was the New England Director of Conservation Finance. She was responsible for raising private funds from individuals and foundations at the Student Conservation Association. Before graduate school, Liz worked for Bain and Company in Boston, MA. Liz earned a master's degree in public policy and urban planning in 2001 from the John F. Kennedy School of Government at Harvard University and a B.A. with high distinction in political and social thought in 1996 from the University of Virginia.

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