Goodfellow Inc. announces that Mr. Patrick Goodfellow, previously Vice-President, Hardwood, has been promoted to President and CEO of the Corporation. Mr. Denis Fraser is stepping down as President and CEO of the Corporation, effective immediately.

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Goodfellow names Patrick Goodfellow as President and CEO

Goodfellow Inc. announces that Mr. Patrick Goodfellow, previously Vice-President, Hardwood, has been promoted to President and CEO of the Corporation.

Mr. Denis Fraser is stepping down as President and CEO of the Corporation, effective immediately.

"Mr. Patrick Goodfellow has been running the Hardwood division over the last 10 years and is considered by the Board as the right person to lead the Corporation in its efforts to return to profitability," said Mr. Claude Garcia, Chairman of the Board of Goodfellow.

Goodfellow Inc. is one of eastern Canada's largest independent re-manufacturers and distributors of lumber and hardwood flooring products.