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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In between looking for extra employees to fill out another shift or solidify the one or two already in place, or perhaps looking for larger vaults to hold the cash they’ve been putting away thanks to record lumber prices, lumber suppliers would be smart to take a look at the health of the supply chain feeding their mills. Ensuring all those nice equipment investments meet projections and ROI numbers requires a consistent flow of quality timber…
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