Board of Directors

John Brecker

Corporate Director
New York, New York  USA
Director since: September 13, 2012

Mr. Brecker is a director of Bowery Management and a principal of Drivetrain Advisors.  He is a Co-founder of Longacre Fund Management, LLC with offices in New York, NY and London, England and has served as a principal of that organization since 1999.  Mr. Brecker has both domestic and international experience in investing and operations management. 

Mr. Brecker has a law degree from St. John’s University School of Law, J.D. and a Bachelor of Arts in Political Science from American University.

Todd Dillabough

Corporate Director
Calgary, Alberta  Canada
Director since: September 13, 2012

Mr. Dillabough is a director of San Antonio Oil and Gas Services Ltd. and a former director of Aveos Fleet Performance Inc.  Previously, he was Chief Executive Officer and Chief Operating Officer of Trident Resources Corporation and Pioneer Natural Resources Canada Inc.  Mr. Dillabough has domestic and international operational management, M&A, capital markets and financial restructuring experience.

Mr. Dillabough has a B.Sc Geology from the University of Calgary.

Walter Jones

Corporate Director
Denver, CO  USA
Director since: September 13, 2012

Mr. Jones was the Managing Director of CoMetrics Partners LLC from 2010 thru 2013 specializing in restructuring and financial advisory services.  From 2006 to 2010, he was a partner with JH Cohn, LLP, a consulting, audit and tax advisory firm.  From 1997 to 2006, he was a Principal with Mahoney Cohen, a consulting, audit and tax advisory firm.  Mr. Jones is currently a director and member of the Audit Committee of Neenah Enterprises, Inc. and a director of International Wire Group, Inc.

Mr. Jones has a Bachelor of Science degree in industrial engineering from Pennsylvania State University.

Leslie T. Lederer

Chairman of the Board
Chicago, Illinois  USA
Director since: September 13, 2012

Mr. Lederer is an attorney who assists his clients with financing, restructuring and M&A activities.  He has worked with both Canadian and American counsel and financiers in turning companies around.  He has acted as a consultant in financing, restructuring and mergers and acquisitions since 2008.

Mr. Lederer was interim President and Chief Executive Officer of Catalyst Paper Corporation from June 2013 to September 2013.  From July 2007 to August 2008, he was senior advisor for SSAB Svenskt Stal AB a Swedish based international steel producer.  Prior to that he was at IPSCO Inc. in the capacity of Vice President, Secretary and General Counsel when it was acquired by SSAB.

Mr. Lederer has a B.Sc Accounting, from the University of Illinois, is a Certified Public Accountant, and a J.D. College of Law from the University of Illinois.

Jill Leversage

Corporate Director
Vancouver, BC, Canada
Director since: June 24, 2013

Ms. Leversage has served as a managing director of Highland West Capital, a mid-market private merchant bank since 2013.  From 2012 to 2013, Ms. Leversage acted as a financial consultant and from 2002 – 2011 was the Managing Director, Investment Banking of the investment banking arm of a Canadian chartered bank.

Ms. Leversage is a senior financial executive with over 25 years’ experience in Corporate Finance and Investment Banking, including extensive experience in providing strategic advice to clients, executing M&A mandates, as well as debt and equity financings.

In addition to Catalyst Paper, Ms. Leversage is on the boards of MAG Silver Corporation, Delta Gold Corporation and Partnerships BC. 

Ms. Leversage is a Fellow of the Institute of Chartered Accountants of British Columbia and also a Chartered Business Valuator of the Canadian Institute of Chartered Business Valuators and an Accredited Director of the Chartered Secretaries & Administrators. 

Joe Nemeth

President and Chief Executive Officer
Langley, BC, Canada
Director since: October 1, 2013

Mr. Nemeth was appointed the Corporation’s President and Chief Executive Officer on October 1, 2013.  Mr. Nemeth has over 30 years of pulp and paper experience, including line management positions in sales, marketing and operations.

From 2010 to 2012 Mr. Nemeth was the President and Chief Executive Officer of Canfor Pulp Products Inc. and from 2003 to 2009 was Vice-President, Sales and Marketing of the Canfor Pulp Income Fund.

Mr. Nemeth has a Master of Business Administration from the University of Western Ontario and a Bachelor of Forestry (Honours) from the University of British Columbia.

Pierre Raymond

Corporate Director
Montreal, PQ, Canada
Director since: July 8, 2014

Mr. Raymond retired in May 2014 from Stikeman Elliott as a partner in the Montréal office.  He served as Chair of the firm from 2006 to 2012 and as a member of the Partnership Board and the Executive Committee from 1997 to 2012.  After he stepped down as Chair of the firm, Mr. Raymond continued to coordinate the firm’s multiple country and regional initiatives and maintained a management role in the Montréal office, with a focus on client relations.  His practice focused primarily on public mergers and acquisitions, securities regulation and corporate finance.  Mr. Raymond was counsel to various corporations with regard to national and international securities offerings, tender offers and financings.  Mr. Raymond also counselled US and European clients with respect to Québec law in connection with international privatizations, tender offers and acquisitions.


Composition & Structure

Catalyst’s board of directors is accountable for the stewardship and governance of the company and operates under a publicly-disclosed mandate with specific terms of reference. 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.


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 accountabilities, 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.


The board has three permanent committees:

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