Interfor Corporation announced that Paul Herbert has stepped down from the Interfor Board, effective immediately, as a result of Ilim Timber Continental S.A. providing notice that it has terminated its right to nominate a director to the Company’s Board.
Ilim Timber holds 3.68 million Interfor common shares and shall remain subject to restrictions relating to the sale of these common shares for one year.
Interfor is a growth-oriented lumber company with operations in Canada and the United States.
