Canfor Announces Transition; Yurkovich Becomes CEO
John Baird, Chairman of the Canfor Corp. Board of Directors, announced today that Don Kayne, President and Chief Executive Officer, plans to retire at the end of the year. Susan Yurkovich has been announced as the Canfor’s next CEO. Currently serving as Canfor’s Senior Vice President of Global Business Development, Yurkovich brings three decades of experience working in the natural resources sector to the role, 12 of those years with Canfor. She has served in executive roles in both forestry and energy including as President and CEO of the BC Council of Forest Industries and Executive Vice President at BC Hydro.
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Florida’s Rayonier Offers $807 Million In Friendly Offer For Tembec
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share, or 0.2302...
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