Canfor Pulp president and CEO steps down as company integrates with Canfor

VANCOUVER – Canfor Pulp Products Inc. (TSX:CFX) says its president and CEO Joe Nemeth will step down from his role as the company integrates its management with Canfor Corp (TSX:CFP).

Nemeth will exit the role effective Sept. 30.

Canfor president and CEO Don Kayne will serve in the role for both companies.

Canfor Pulp Products was established to hold an interest in Canfor Pulp Limited Partnership, which operates three mills in Prince George, B.C.

Canfor Corp. is primarily involved in the lumber business, with production facilities in B.C., Alberta, Quebec and the United States.

It also has a 50.2 per cent interest in the pulp and paper business owned by Canfor Pulp Limited Partnership; a 50 per cent interest in the oriented strand board business of Peace Valley OSB and owns a bleached chemi-thermo mechanical pulp mill.