Duncan K. Davies Named Chairman of the Board of Resolute
Resolute Forest Products Inc. announced that the board of directors appointed, effective today, Duncan K. Davies as an additional member of the company's board, and that Mr. Davies will succeed Bradley P. Martin as the company's non-executive chairman. Mr. Martin of Fairfax Financial Holdings Limited will continue to serve as vice chairman of Resolute's now eight-member board. "Duncan has outstanding credentials and a proven track record of success in the North American forest products industry," said Remi G. Lalonde, president and chief executive officer. "We have identified wood products as a key pillar of our transformation strategy, and bringing Duncan's deep knowledge of the industry on board is an excellent step in that direction to complement our existing board and strategy. I want to also express our gratitude to Brad for his leadership and guidance as chairman for the last nine years. I'm delighted that Brad will continue to contribute to our success in his new role as vice chairman."