Canfor Corporation announces appointment of CFO
Sep 13, 2007. Canfor Corporation announced that Thomas Sitar will be joining Canfor as its vice-president, finance and CFO.
Sep 13, 2007. /Lesprom Network/. Canfor Corporation announced on September 12, 2007 that Thomas Sitar will be joining Canfor as its vice-president, finance and CFO. Mr. Sitar is currently the CFO of the Canfor Pulp Income Fund and will be joining Canfor following an orderly transition from the Income Fund.
"We are pleased to have Tom join the Canfor executive team," said Jim Shepard, CEO of Canfor. "Tom brings a long history of financial experience in the B.C. forestry industry and will be a significant asset to Canfor."
Mr. Sitar was formerly the vice-president, finance of Weldwood of Canada Limited and has been the CFO of the Canfor Pulp Income Fund since 2006.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia (BC) with interests in 33 facilities in BC, Alberta, Quebec, Washington state, and North and South Carolina. The company is the largest producer of softwood lumber in Canada while also producing oriented strand board (OSB), plywood, remanufactured lumber products and specialized wood products. Canfor also owns a 50.2% interest in Canfor Pulp Limited Partnership, which is one of the largest producers of northern softwood kraft pulp in Canada and a leading producer of high performance kraft paper. Canfor shares are traded on the Toronto Stock Exchange.