Resolute Forest Products Inc. announced late last week two new board member nominations as well as installing two potential officers.
The Board of Directors for Resolute, which owns a plant in Fort Frances and proposed another in Atikokan, nominated Michel Desbiens and Jennifer Dolan as the international corporation's new board members, according to a news release.
Desbiens and Dolan, both of whom have extensive corporate, forest and paper industry experience, will join seven other current board members up for re-election at Resolute's stockholders' meeting May 16. The Montreal-based company's annual get-together is scheduled to begin at 10 a.m. at the Valhalla Inn in Thunder Bay.
"We are very pleased that Michel Desbiens and Jennifer Dolan have agreed to stand for election to Resolute's board,” stated Resolute President and CEO Richard Garneau. “They represent an extraordinary range of talent, with deep institutional knowledge of our industry and a proven track record of success."
Current board member and non-executive Chairman Richard Evans said he is retiring. In his place, board members have recommended member Bradley Martin for the chairman position, according to the release. The board then nominated Member Alain Rhéaume to serve as lead director.
The release said Desbiens' been a consultant since 2000. Prior to that, he served as Quebecor World Inc.'s CEO and had been president and CEO of Donohue Inc. When Abitibi-Consolidated Inc. -- Resolute's predecessor -- took over the company in 1994, he served as chairman. In his career, he's also held executive positions with Donohue Inc., Domtar Inc., Chapelle d'Arblay and Abitibi-Price Inc. He's also now a Rogers Sugar Inc. board member.
As for Dolan, she retired last year from The New York Times Company after a 33-year career, according to Resolute. For a decade, she was vice president of forest products. She also was a Donohue Malbaie Inc. board member and is a certified public accountant.
Martin is vice president for strategic investments with Fairfax Financial Holdings Ltd. Rhéaume is founder and managing partner of Trio Capital Inc.
Resolute's NYSE stock price was up 6 cents to $16.85 after the nominations were made public Friday. Resolute owns and operates more than 40 pulp and paper mills, wood products facilities and power plants in the United States, Canada and South Korea.

