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Tembec divides

Tembec is splitting its pulp and paper group into two, separate units.

Tembec is splitting its pulp and paper group into two, separate units.

The company made the announcement in conjunction with organizational changes. After 30 years of working at Tembec, executive vice president and CEO, and president of the pulp and paper group Terrence P. Kavanagh has confirmed his intention to retire at the end of the year. He will remain available to the company on an advisory basis for the next two years.

Yvon Pelletier will assume the role of executive vice president and president for the newly defined pulp group, while Dan Alexander will have the same responsibilities for the paper group.