VANCOUVER, BC, Sept. 26,
2024 /CNW/ - John
Baird, Chairman of Canfor Pulp Products Inc. (TSX: CFX)
Board of Directors announced today that Kevin Edgson will be leaving the role of
President and Chief Executive Officer on October 31, 2024.
"On behalf of the Board of Directors, I would like to thank
Kevin for his significant contributions in the role of President
and CEO since 2022," said John
Baird. "Kevin has worked through a number of challenges
including a reduction in fibre supply in BC and fluctuating market
conditions while transitioning Canfor Pulp to a smaller operational
footprint. We are grateful for his leadership and appreciate
his efforts to transform the company during his tenure."
The Board is in the process of selecting a successor and will
share more details in the coming weeks.
Forward-looking statements.
Certain statements in this press release constitute
"forward-looking statements" which involve known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from any future results, performance or
achievements expressed or implied by such statements. Words such as
"expects", "anticipates", "projects", "intends", "plans", "will",
"believes", "seeks", "estimates", "should", "may", "could", and
variations of such words and similar expressions are intended to
identify such forward-looking statements. These statements are
based on management's current expectations and beliefs and actual
events or results may differ materially. There are many factors
that could cause such actual events or results expressed or implied
by such forward-looking statements to differ materially from any
future results expressed or implied by such statements.
Forward-looking statements are based on current expectations and
Canfor assumes no obligation to update such information to reflect
later events or developments, except as required by law.
About Canfor Pulp Products Inc.
Canfor Pulp Products Inc. ("Canfor Pulp" or "CPPI") is a leading
global supplier of pulp and paper products with operations in the
northern interior of British
Columbia ("BC"). Canfor Pulp operates two mills in
Prince George, BC with a total
capacity of 780,000 tonnes of Premium Reinforcing Northern Bleached
Softwood Kraft ("NBSK") pulp and 140,000 tonnes of kraft paper.
CPPI shares are traded on the Toronto Stock Exchange under the
symbol CFX. For more information visit canfor.com.
SOURCE Canfor Pulp Products Inc.