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.
Kayne has been with Canfor for 46 years and has held the position of President and CEO since 2011. Under his leadership, Canfor has grown and transformed from its British Columbia roots into a global entity with operations in Alberta, the U.S. and Sweden. As a respected industry leader, he has been a constant champion for the forest products sector, serving in a variety of industry roles including Chair of the Forest Products Assn. of Canada, the BC Council of Forest Industries and the Bi-national Softwood Lumber Board.
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Interfor To Acquire Chaleur Forest Products
Interfor has announced today that it has reached an agreement with an affiliate of the Kilmer Group to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products. Chaleur owns two modern and well-capitalized sawmill operations located in Belledune and Bathurst, New Brunswick, with a combined annual lumber production capacity of 350 MMBF. Chaleur also operates a woodlands management division based out of Miramichi that manages approximately 30% of the total…
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