Le Lézard
Classified in: Business
Subject: BOARD OF DIRECTORS

Western Forest Products Inc. Announces Board of Director Changes


VANCOUVER, British Columbia, April 11, 2018 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX:WEF) ("Western" or the "Company") announced today that Mr. Barrie Shineton will not be standing for re-election as a director at Western's Annual and Special Meeting on May 3, 2018, and that Ms. Suzanne Blanchet has been proposed as a nominee for election to the Company's Board of Directors (the "Board").

"On behalf of the Board, I would like to thank Mr. Shineton for his invaluable guidance, advice and contributions during his tenure on Western's Board," said Lee Doney, Chairman of Western Forest Products Inc. "Following an extensive search, we are pleased to have Ms. Blanchet stand as a nominee to our Board. Suzanne has an impressive and diverse resume of board service and executive management experience."

Until 2017, Ms. Blanchet was Senior Vice President of Corporate Development with Cascades Inc. Prior to that, Ms. Blanchet served as President and CEO of Cascades Tissue Group. She currently serves on the boards of Argopur Dairy Cooperative, Atis Group Inc., Solmax and Éco Entreprise Québec. Ms. Blanchet has previously served as a director for a number of companies including Rona Inc., and is a member of the Institute of Corporate Directors.

About Western Forest Products Inc.

Western is an integrated Canadian forest products company and the largest coastal British Columbia timberlands operator and lumber producer. The Company has an annual available harvest greater than 6 million cubic metres of timber, of which approximately 5.8 million cubic metres is from Crown lands. Western has a lumber capacity in excess of 1.1 billion board feet from seven sawmills. Principal activities of the Company include timber harvesting, sawmilling logs into specialty lumber, and value added remanufacturing. With operations and employees primarily on the coast of British Columbia and one location in Washington State, Western is a premier supplier of high-value, specialty forest products to markets worldwide.

Forward-looking Statements

This press release contains statements that may constitute forward-looking statements under the applicable securities laws. Readers are cautioned against placing undue reliance on forward-looking statements. All statements herein, other than statements of historical fact, may be forward-looking statements and can be identified by the use of words such as "will" and similar references to future periods. Forward-looking statements in this press release include, but are not limited to, statements relating to the election of directors to the Board. Although such statements reflect management's current reasonable beliefs, expectations and assumptions, there can be no assurance that forward-looking statements are accurate, and actual results or performance may materially vary. Many factors could cause our actual results or performance to be materially different, including a change in the Company's financial situation and other factors referenced under the "Risks and Uncertainties" section of our MD&A in our 2017 Annual Report dated February 15, 2018.

For further information, please contact:

Stephen Williams,                    
Executive Vice President & Chief Financial Officer                      
(604) 648-4500                                                                           

Babita Khunkhun
Senior Director, Communications
(604) 648-4562


These press releases may also interest you

at 05:30
BrightPoint (BP) LLC, an 8(a) joint venture between Buchanan & Edwards (BE) and i3, is pleased to announce its successful bid for a position on the U.S. Department of Commerce's Commerce Acquisition for Transformational Technology Services (CATTS)...

at 05:30
The "High Net Worth (Hnw) Asset Allocation Trends 2024" report has been added to  ResearchAndMarkets.com's offering. Drawing on our 2023 Global Wealth Managers Survey, this report analyzes HNW asset allocation strategies in 24 key markets. In...

at 05:30
FinVolution Group ("FinVolution," or the "Company") , a leading fintech platform, today announced that its Philippines financial application, Juanhand, has entered into a strategic cooperation agreement with SeaBank Philippines Bank ("SeaBank"), an...

at 05:20
Engel & Völkers Florida today announced the outstanding achievement of Michael Ledwitz, Broker/Owner of Engel & Völkers Boca Raton, who has been recognized as the Top Advisor in GCI for his outstanding performance in 2023. This prestigious accolade...

at 05:05
Building upon its recent success in revamping its indices product offering, leading CFD broker Vantage Markets ("Vantage") is thrilled to announce the introduction of enhanced website features and app enhancements, further solidifying its position as...

at 05:04
Sirnaomics Ltd. (the "Company"; together with its subsidiaries, "Sirnaomics" or the "Group"; stock code: 2257), a leading biopharmaceutical company engaged in the discovery and development of advanced RNAi therapeutics, has announced its audited...



News published on and distributed by: