Finland faces maximum 30 role reductions as manufacturing staff excluded from change negotiations.
HR & Termine
Nairn Centre will run briefly to process log inventory, with the sawmill expected to operate into early to mid-June and the planer into late June.
New division head succeeds Doug Smith after securing new supply and driving strongest results since 2016.
Recapitalised group splits into three independent companies with no replacement for group CEO role.
Interim office of the CEO formed as Scott Sutton resigns, with CFO Marcus Moeltner among four executives leading transition.
Four business segments to operate after Kenvue deal closes, with North America generating $18 billion in annual sales.