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Retiring Canfor CEO upbeat about future
Canfor Corp. outgoing president and CEO Jim Shepard voiced cautious optimism about the company’s future after tough years amid a U S housing collapse. He cited a strong fourth quarter profit of 55 million and a total 2010 profit of 161 million as evidence of an exceptional financial position under the current management. The transition to Don Kayne as CEO is noted, with Shepard stepping down in the spring after leading through the recession and paying down debt.
MENTIONED IN THIS ARTICLE
Prince George
Canfor Corp
Jim Shepard
U.S
Canfor
B.C
Shepard
Don Kayne
Finning
Cantor
Tom Sitar
Mark Feldinger
Rob Stewart