– CANADA, Vancouver – Western Forest Products Inc. (TSX: WEF) today announced the appointment of Steven Hofer to its Board of Directors as President and CEO, effective September 7, 2022, to succeed Don Demens, who will step down from the Board effective September 7, 2022.
“Steven brings a wealth of industry knowledge and has the vision, leadership skills and commitment to sustainability to guide Western’s execution of its strategic plan and drive disciplined, long-term shareholder value. Steven embodies Western’s core values, and his holistic approach to the business equips him to continue working with our partners to strengthen our business,” said Board Chair, Michael Waites.
About Steven Hofer
Mr. Hofer joins Western from BID Group, a global leader in wood processing technologies and solutions. At BID Group Mr. Hofer was responsible for creating and leading its key strategic initiatives, including BID’s digital technology strategy to drive revenue growth and market, product, and geographic diversification. Mr. Hofer started his career in the BC Coastal forest products sector and has deep and expansive industry experience.
“Western is a leader, not just in supplying specialty building materials, but in sustainably managing forests, advancing reconciliation, and making important contributions to British Columbia,” said Mr. Hofer. “It is an honor to be at the helm of this company and to be returning to BC. Don and his team have built a strong foundation and achieved significant transformational growth at Western. I look forward to working to capitalize on the significant opportunities ahead for the Company.”
Mr. Hofer has more than 25 years of leadership experience in the forest products industry with proven, long-lasting results identifying opportunities for innovation and building strategic partnerships. Mr. Hofer most recently served as EVP, Strategy and Business Development, of BID Group. Before joining BID Group, Mr. Hofer held leadership positions with Interfor Corporation for 12 years, including serving as Interfor’s SVP, Northwest Operations, and SVP, Sales and Marketing.
About Western Forest Products Inc.
Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity of over 1.0 billion board feet from seven sawmills and four remanufacturing facilities. The Company sources timber from its private lands, long-term licenses, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.
For more information: https://www.westernforest.com/
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