Abitibi-Consolidated Announces the Appointment of Dr. Hans P. Black to the Company's Board of Directors
January 25 2005 - 1:00PM
PR Newswire (US)
Abitibi-Consolidated Announces the Appointment of Dr. Hans P. Black
to the Company's Board of Directors MONTREAL, Jan. 25
/PRNewswire-FirstCall/ -- Richard Drouin, Chairman of the Board and
John W. Weaver, President and Chief Executive Officer of Abitibi-
Consolidated Inc. are pleased to announce the appointment of Dr.
Hans P. Black to the Company's Board of Directors. Mr. Black is
currently the President of Interinvest Consulting Corporation, a
global money management firm with offices in Montreal, Boston,
Bermuda and Switzerland. He is also Chairman of Les Aliments
SoYummi Inc. Mr. Black holds a Doctorate in Medicine from McGill
University and is a member of the Montreal Society of Financial
Analysts (MSFA) and the Chartered Financial Analyst (CFA)
Institute. Mr. Black also sits on the boards of la Fondation
Institut de Cardiologie de Montreal, l'Orchestre de Chambre I
Musici de Montreal, la Fondation des Jeunesses Musicales du Canada,
Washington National Opera, and the NASDAQ listed biotechnology
company Nymox Corporation. "We are very pleased that Mr. Black has
agreed to join our Board. His broad based experience in a range of
diverse businesses, as well as his knowledge of global investments
will be very valuable to us," declared Richard Drouin. The
appointment is effective today, January 25, 2005.
Abitibi-Consolidated is a global leader in newsprint and uncoated
groundwood (value-added groundwood) papers as well as a major
producer of wood products, generating sales of $5.4 billion in
2003. The Company owns or is a partner in 27 paper mills, 22
sawmills, 4 remanufacturing facilities and 1 engineered wood
facility in Canada, the U.S., the UK, South Korea, China and
Thailand. With over 15,000 employees, excluding its PanAsia joint
venture, Abitibi-Consolidated does business in approximately 70
countries. Responsible for the forest management of 17.5 million
hectares of woodlands, the Company is committed to the
sustainability of the natural resources in its care.
Abitibi-Consolidated is also the world's largest recycler of
newspapers and magazines, serving 16 metropolitan areas in Canada
and the United States and 130 local authorities in the United
Kingdom, with 14 recycling centers and approaching 20,000 Paper
Retriever(R) and paper bank containers. DATASOURCE:
ABITIBI-CONSOLIDATED INC. CONTACT: Investors & Media: Lorne
Gorber, Investor Relations & Financial Communications, (514)
394-2360,
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