Mr. Ted Seraphim reports
WEST FRASER MANAGEMENT TRANSITION
West Fraser Timber Co. Ltd.'s Larry Hughes will retire as vice-president, finance, and chief financial officer at the end of March, 2017.
Ted Seraphim, president and chief executive officer, said: "Larry has contributed greatly to West Fraser during his 10 years as part of our senior executive team. Before joining West Fraser he was our outside legal counsel and served on our board from 2002 to 2005. Larry has played a pivotal role in the growth of West Fraser and we have all benefited from his practical approach and thoughtful advice."
West Fraser is pleased to announce that Chris Virostek will become vice-president, finance, and chief financial officer upon Mr. Hughes's retirement. Mr. Virostek is a chartered professional accountant (CA) and has held a number of senior financial roles at Masonite International Corp. since 2002, most recently as senior vice-president of strategy and corporate development.
Mr. Hughes will remain with the company until the end of June, 2017, to assist with the transition process and thereafter may provide advisory services to West Fraser's management.
West Fraser is a diversified wood products company producing lumber, LVL, MDF, plywood, pulp, newsprint, wood chips, and energy with facilities in Western Canada and the Southern United States.
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