Stella-Jones Announces Appointment to Board of Directors
January 16 2020 - 07:00AM
Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today
announced the appointment of Mr. Robert Coallier to its Board of
Directors.
Mr. Coallier served as Chief Executive Officer
of Agropur Dairy Cooperative from 2012 to 2019 and was
Vice-President and Chief Financial Officer of Dollarama S.E.C. from
2005 to 2010. He held various senior positions at Molson
Inc./Molson Coors Brewing Company between 2000 and 2005, including
Global Chief Business Development Officer, Executive
Vice-President, Corporate Strategy and International Operations and
Chief Financial Officer. Earlier roles included Chief Financial
Officer of C-MAC Industries and Vice-President, Venture Capital of
the Caisse de dépôt et placement du Quebec.Mr. Coallier brings
knowledge and experience from numerous public and private Boards,
including Industrial Alliance Financial Services, Industries
Sanimax and Ivanhoé Cambridge, where he served on the Audit, Human
Resources and Governance committees. “We are very pleased to
welcome Robert to the Stella-Jones Board of Directors”, said
Katherine Lehman, Chair of the Board. “His depth of executive and
financial experience across industries as well as his exceptional
appreciation of governance matters will bring broad experience to
our Board. I am confident that he will make an immediate
contribution and all of our Board members look forward to working
with him”.
Mr. Coallier’s appointment is effective January
15, 2020 and brings the total number of Board members to nine.
ABOUT STELLA-JONESStella-Jones Inc. (TSX: SJ)
is a leading producer and marketer of pressure treated wood
products. The Company supplies North America’s railroad operators
with railway ties and timbers, and the continent’s electrical
utilities and telecommunication companies with utility poles.
Stella-Jones also manufactures and distributes residential lumber
and accessories to retailers for outdoor applications, as well as
industrial products for construction and marine applications. The
Company’s common shares are listed on the Toronto Stock
Exchange.
Except for historical information provided
herein, this press release may contain information and statements
of a forward-looking nature concerning the future performance of
the Company. These statements are based on suppositions and
uncertainties as well as on management's best possible evaluation
of future events. Such factors may include, without excluding other
considerations, fluctuations in quarterly results, evolution in
customer demand for the Company's products and services, the impact
of price pressures exerted by competitors, the ability of the
Company to raise the capital required for acquisitions, and general
market trends or economic changes. As a result, readers are advised
that actual results may differ from expected results.
Source: |
Stella-Jones Inc. |
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Contacts: |
Éric Vachon, CPA,
CA |
Pierre Boucher, CPA,
CMA |
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President and Chief Executive
Officer |
Jennifer McCaughey,
CFA |
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Stella-Jones |
MaisonBrison
Communications |
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Tel.: (514) 940-3903 |
Tel.: (514) 731-0000 |
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evachon@stella-jones.com |
pierre@maisonbrison.com |
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jennifer@maisonbrison.com |
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