Doyle R. Simons

Overview

On April 1, 2007, the Board of Directors of Temple-Inland appointed Doyle R. Simons as Chairman of the Board and Chief Executive Officer of Temple-Inland. These appointments are subject to and will be effective upon completion of the spin offs of Forestar Real Estate Group Inc. and Guaranty Financial Services Inc., which are expected to occur near the end of the year. Mr. Simons, 43, is currently Executive Vice President of Temple-Inland, a position he has held since February 2005. Mr. Simons previously served as Chief Administrative Officer from November 2003 to February 2005, as Vice President, Administration from November 2000 to November 2003 and as Director of Investor Relations from 1994 through 2003. Mr. Simons holds a Bachelor of Business Administration degree from Baylor University and a Juris Doctor from The University of Texas and has completed the Stanford University Executive Program. The Company's Board of Directors in connection with the transformation plan executed an employment agreement on August 9, 2007 with Doyle R. Simons, who will become Chairman and Chief Executive Officer of the Company upon completion of the transformation plan.