Following the decision earlier this year to integrate the management of Canfor Corporation and the Company in order to maximize efficiency and cost synergies, Company President and CEO Joe Nemeth has elected to step down from his role effective September 30, 2012. He has graciously offered to support the transition through that date.
Following Joe's decision, the Board of Directors of the Company appointed Canfor President and CEO Don Kayne to the role of CEO; a role he will serve for both companies. Brett Robinson, formerly Executive Vice President, Operations, will assume the President function for the Company.
Joe Nemeth assumed leadership of Canfor Pulp in May 2010, and the company appreciates his many achievements since that time. Don Kayne President and CEO of Canfor said “Joe has been an instrumental part in leading the Company through successive profitable quarters and has put together a great team. His leadership and guidance will be missed.”
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