CEO to Retire at AGM / New CEO Appointed

Feb 11, 2011

Canfor Corporation (TSX: CFP) announced today James F. Shepard, President and CEO of the Company has decided to retire at the Company’s next annual general meeting of shareholders, currently scheduled for May 5, 2011.

Ronald Cliff, Chairman of the Board said: "Jim has decided to return to retirement after four years as President and CEO of the Company. During that time he has lead the Company through extremely difficult economic times and leaves the Company in a strong financial position. The entire Board is appreciative of Jim’s contribution, leadership and guidance".

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