Paper Excellence Group Updates Business Unit Structure
The Paper Excellence Group (Paper Excellence) has announced an updated organizational structure for its business units following the recent acquisitions of Resolute Forest Products in March 2023 and Domtar in November 2021.
Steve Henry, currently Domtar’s Executive Vice President and Chief Operating Officer, has been named President of the Paper & Packaging business unit with responsibility for all legacy Domtar pulp, paper and packaging operations as well as Paper Excellence Canada’s Port Alberni and Crofton mills. Henry is an experienced pulp and paper executive with 28 years of industry expertise: Prior to joining Domtar, he held a series of progressive positions with International Paper, Weyerhaeuser and Georgia-Pacific.
The leader of the Pulp & Tissue business unit consisting of all legacy Resolute pulp, paper and tissue operations as well as the non-integrated Paper Excellence Canada pulp mills will be announced at a later date. Richard Tremblay will continue to serve as Senior Vice President, pulp, paper and tissue operations, and John Lafave will serve as Senior Vice President, pulp and tissue sales. Tremblay and Lafave will serve as co-leaders of the business unit until a permanent leader is named.
Hugues Simon will continue to serve as President of the Wood Products business unit. Henry, Tremblay, Lafave and Simon will report to the Paper Excellence management board, chaired by Non-Executive Chairman John Williams, former President and Chief Executive Officer of Domtar.
“My heartfelt congratulations to Steve, Richard, John and Hugues. Each of them brings extensive experience, demonstrated success, and a commitment to continuous improvement,” says Williams. “We have assembled an impressive team of business leaders who are uniquely qualified to deliver superior results and position the organization for continued growth.”
Resolute’s Remi G. Lalonde, President and Chief Executive Officer; Sylvain A. Girard, Senior Vice President and Chief Financial Officer; and Stephanie Leclaire, Senior Vice President, corporate affairs and Chief Legal Officer, have decided to leave the organization on September 1, 2023, to pursue other interests. Lalonde, Girard and Leclaire will receive change-in-control payments and benefits pursuant to their respective agreements with Resolute.
Latest News
Sawmill Reopens In Radium Hot Springs After $38.5 Million Upgrade
Canfor Corp. has reopened its sawmill in Radium Hot Springs, B.C., after a $38.5-million upgrade. The company says once the mill is operating at full capacity next year it will produce 240 million board feet annually and employ 144 people. In addition to an upgrade to...
U.S. Lumber Soars On Demand Hopes After Sandy Damage
U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding. The storm, which made landfall on...
Canfor Posts $22 Million Profit In Third Quarter On Improved Lumber Markets
Canfor Corporation is reporting it swung back to profitability in the third quarter compared to the same period last year, citing a moderate improvement in lumber markets. The company posted net income of $22.2 million, or 16 cents per share, for the third quarter...
International Exchange
International ExchangeArticle by David Abott, Senior Associate Editor, Timber Processing (2012) For decades, Timber Processing has been earning a reputation as one of the most respected and trusted publications covering this industry in the United States. But, in a...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.