Richard Garneau, president and CEO of Resolute Forest Products, has been selected as RISI’s 2012 North American CEO of the Year. RISI, an information provider for the forest products industry, gives the award to honor industry leaders who have…
Richard Garneau, president and CEO of Resolute Forest Products, has been selected as RISI’s 2012 North American CEO of the Year. RISI, an information provider for the forest products industry, gives the award to honor industry leaders who have made significant achievements over the past year. The award will be presented at RISI’s 27th North American Forest Products Conference in Boston, Massachusetts on October 3 – 5, 2012.
Garneau was chosen for his leadership, vision, and strategic accomplishments in a survey of investment analysts and portfolio managers who cover the forest products industry. “The competition was close among this year’s finalists, but Mr. Garneau undeniably stood out among his peers,” said Mark Rushton, Editor, Pulp and Paper International (PPI), a RISI publication.
One analyst commented, “Richard Garneau has helped Resolute retake a leadership position in the industry, including the acquisition of Fibrek.” Another said, “He has done an excellent job of deleveraging the company despite the challenges in certain markets, specifically newsprint.”
Resolute Forest Products owns or operates 21 pulp and paper mills and 22 wood products facilities in the United States, Canada and South Korea. Resolute has third-party certified 100% of its managed woodlands to sustainable forest management standards.
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