Resolute CEO sees ‘tailwind’ in lumber markets as home construction in Canada and U.S. thrives

Remi Lalonde will take over as chief executive officer of Resolute Forest Products Inc. on March 1, 2021.

Industry News
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Resolute Forest Products Inc. chief financial officer Remi Lalonde recalls tense times for the company last spring, when the outlook seemed bleak for lumber demand.

“I think that when you look at 2020 and the pandemic-induced challenges that we had, there were some pretty scary moments, especially in March, April and May,” he said in an interview, days before he becomes Resolute’s new chief executive officer next week.

Read more...

Source: The Globe and Mail

 

Legal Notice: Paper Advance is not responsible for the accuracy or availability of content on external websites.