Hugues Simon to succeed Mario Plourde as President and CEO of Cascades

Cascades Inc. (TSX: CAS) announces the appointment of Mr. Hugues Simon as its new President and CEO. Currently President of the Wood Products business at Resolute Forest Products, Mr. Simon will assume his new role no later than July 1, 2024. The appointment follows an extensive succession planning and recruitment process, supported by an international firm, in anticipation of Mario Plourde’s planned retirement. After more than 11 years at the helm of the Company, Mr. Plourde will support the new President and CEO during a transition period lasting until December 2024, after which he will act as a Special Advisor.

A graduate in administration from the Université de Sherbrooke, Hugues Simon has over 30 years of experience in key positions in the manufacturing sector, including as President, of the Wood Products business at Resolute Forest Products. Previously, Mr. Simon was President of BarretteWood Inc., where he worked from 2012 to 2020.

“We are very pleased to announce the appointment of Hugues as President and CEO,” said Patrick Lemaire, Chairman of Cascades’ Board of Directors. “His extensive experience in leadership positions in the industrial products sector will be a great asset to the Company and to our customers. His track record demonstrates a deep commitment to operational excellence, and we have full confidence that his expertise and experience will contribute to Cascades’ ongoing success and create value for our shareholders.”
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