Stella-Jones Inc. appoints Eric Vachon as its new President and CEO. Currently serving as Senior Vice-President and CFO, Mr. Vachon’s appointment will take effect on October 11, 2019, succeeding Brian McManus, who in July, announced his intention to step down in mid-October. Concurrently, Mr. Vachon will be joining the company’s Board of Directors.
Eric Vachon is a twelve-year veteran of Stella-Jones and has held a variety of positions of increasing responsibility including Director, Treasury and Financial Reporting, Vice President Finance, U.S. Operations and Vice President and Treasurer since joining Stella-Jones in 2007.
A Special Committee of the Board of Directors was formed in July to conduct a search for the Company's CEO. It engaged a top independent consultant to assist the Committee, considering both internal and external candidates. The Company is now initiating steps to fill a senior financial position.
Stella-Jones Inc. is a leading producer and marketer of pressure treated wood products. The Company supplies North America’s railroad operators with railway ties and timbers, and the continent’s electrical utilities and telecommunication companies with utility poles.
