EACOM Timber elected two new directors to its Board
Jun 20, 2011. EACOM Timber Corporation has elected two new directors to its Board. Joseph (Jay) Gurandiano and Gilles Masson, C.
Jun 20, 2011. /Lesprom Network/. EACOM Timber Corporation has elected two new directors to its Board. Joseph (Jay) Gurandiano and Gilles Masson, C, as the company said in a press release received by Lesprom Network.
Jay is the Managing Director of Stone House Investment Holdings Inc., an investment holdings company. He is a director of Xerium Technologies Inc. He also served as the Chairman of the Board of Directors of Ainsworth Lumber Co. Ltd., a lumber and wood products company, until May 2010. Jay has been appointed the Chair of the Corporate Governance, Nominating and Human Resources Committee.
Gilles is a corporate director of several public companies including MALAGA Inc., Royal Nickel Corporation and SEMAFO Incs. Prior to his retirement in 2005, he was a partner of the firm PricewaterhouseCoopers LLP. Gilles has been appointed the Chair of the Audit Committee.
”We welcome Jay and Gilles to our Board. They will bring additional independence and skills to our Board. This is a further important step in positioning EACOM for growth,” said Rick Doman, President and CEO.
EACOM Timber owns seven sawmills and an equity interest in an eighth sawmill, all located in Eastern Canada and related tenures. The mills are Timmins, Nairn Centre, Gogama and Ear Falls in Ontario and Val-d’Or, Ste-Marie and Matagami in Quebec. The equity interest is in the Elk Lake sawmill located in Ontario. The sawmills in Ear Falls, Ontario, and Ste-Marie, Quebec, are currently idled. EACOM also owns one idle mill in Big River Saskatchewan.