Board of Directors

Michel Desbiens

Beaconsfield, Quebec
Chairman
(Member of the Environmental, Health and Safety Committee)

Thomas S. Chambers

Vancouver, British Columbia
President, Senior Partner Services Ltd.
(Member of the Audit Committee and the Environmental, Health and Safety Committee)

Kevin J. Clarke

Vancouver, British Columbia
President & CEO, Catalyst Paper Corporation

William F. Dickson

Vancouver, British Columbia
Corporate Director
(Member of the Governance Committee and the Human Resources and Compensation Committee)

Benjamin C. Duster IV

Atlanta, Georgia
Senior Advisor, Watermark Advisors
(Member of the Human Resources and Compensation Committee)

Douglas P. Hayhurst

Vancouver, British Columbia
Corporate Director

Denis Jean

Lac Megantic, Quebec
Corporate Director

Jeffrey G. Marshall

Toronto, Ontario
Chairman, Smith Marshall
(Member of the Audit Committee and the Environmental, Health and Safety Committee)

Alan B. Miller

New York, New York
Senior Counsel, Weil Gotshal & Manges LLP

Geoff Plant, Q.C.

Vancouver, British Columbia
Partner, Heenan Blaikie LLP

M. Dallas H. Ross

Vancouver, British Columbia
Partner and Founder, Kinetic Capital Partners

Amit B. Wadhwaney

New York, New York
Portfolio Manager and Senior Research Analyst, Third Avenue Management, LLC
(Member of the Governance Committee and the Human Resources and Compensation Committee)


Composition & Structure

Catalyst’s board of directors is responsible for the stewardship and governance of the company and operates under a publicly-disclosed mandate with specific terms of reference. Consisting of nine directors, the board is committed to continual review and improvement of its governance procedures to keep pace with the regulated and voluntary practices emerging in North America. All directors except the company’s Chief Executive Officer are considered independent.

Mandate

Catalyst’s board undertakes to satisfy its legal responsibilities to supervise the management of the company’s business in the interest of all shareholders through the leadership of the Chief Executive Officer.

Among its most important responsibilities, the board reviews and approves:

  • The appointment and succession of senior management
  • The remuneration of the Chief Executive Officer and his direct reports
  • The strategic plan
  • Capital and operating budgets
  • Performance targets for the Chief Executive Officer
  • The identification and monitoring of the principal risks to the company’s business
  • Systems and policies for effective and timely communication

The board manages its own affairs, including the selection of its chair and deputy chair, the formation of special committees as necessary and the evaluation and compensation of directors.

Committees

The full board is informed by four committees that in turn are supported by senior management representatives. The four permanent board committees are:

  • Audit Committee
  • Environmental, Health and Safety Committee
  • Governance Committee
  • Human Resources and Compensation Committee

Recent News

Thursday, July 29, 2010

Richmond, BC – Catalyst Paper (TSX:CTL) today announced several changes to its board of directors which take effect July 30, 2010.

Assuming the role of chairman is Benjamin Duster IV, former chairman of Algoma Steel. Mr. Duster joined the Catalyst board in December 2007 bringing 20 years of Wall Street experience. He is a graduate of Harvard Business and Harvard Law Schools and was admitted to the Illinois Bar in 1985. Mr. Duster is a director on several corporate boards including Jazz Air Holding GP Inc.

Thursday, July 29, 2010

Richmond, (BC) – Catalyst Paper (TSX:CTL) recorded a net loss of $368.4 million ($0.96 per common share) on sales of $299.4 million for the second quarter of 2010. Results were significantly impacted by after-tax impairment and closure costs of $302.0 million on the permanent closure of the Elk Falls and Paper Recycling Divisions. The net loss before specific items was $43.9 million ($0.11 per common share) compared to $37.6 million ($0.10 per common share) in the previous quarter. Specific items included a $21.3 million after-tax foreign exchange loss on the translation of long-term debt.

Product Showcase

US Magazine
US Magazine
Electracote

Catalyst Paper is proud to be associated with:

Catalyst Paper Corporation - 2nd Floor, 3600 Lysander Lane Richmond, British Columbia, Canada  |  Privacy Policy | Terms of Use | Designed by trapeze.ca