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West Fraser Timber Co Ltd (WFT.TO)

WFT.TO on Toronto Stock Exchange

71.08CAD
7 Dec 2018
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Summary

Name Age Since Current Position

Henry Ketcham

68 2016 Non-Executive Chairman of the Board

Raymond Ferris

2018 President, Chief Operating Officer, Executive Vice President

Edward Seraphim

59 2018 Chief Executive Officer, Director

Christopher Virostek

40 2017 Chief Financial Officer, Vice President - Finance

Rodger Hutchinson

2013 Vice President, Corporate Controller and Investor Relations

Christopher McIver

2016 Vice President - Sales and Marketing

Brian Balkwill

2016 Vice President - Canadian lumber

Keith Carter

2016 Vice President - Pulp and Energy Operations

Larry Gardner

2016 Vice President - Canadian woodlands

James Gorman

2015 Vice President - Corporate and Government Relations

Sean McLaren

2016 Vice President - U.S. lumber

Charles Watkins

2016 Vice President - U.S. lumber Manufacturing

Tom Theodorakis

2013 Assistant Secretary

Robert Phillips

67 2008 Lead Independent Director

Reid Carter

61 2016 Independent Director

John Floren

59 2016 Independent Director

Brian Kenning

68 2017 Independent Director

John Ketcham

56 2015 Independent Director

Gerald Miller

63 2014 Independent Director

Janice Rennie

61 2004 Independent Director

Gillian Winckler

55 2017 Independent Director

Biographies

Name Description

Henry Ketcham

Mr. Henry H. Ketcham serves as Non-Executive Chairman of the Board of the Company. Hank Ketcham resides in Vancouver, B.C., Canada. He is our Chairman of the Board. Mr. Ketcham was our President until April 2012 and retired from the position of Chief Executive Officer effective March 1, 2013 when his title as Chairman was redesignated as Executive Chairman. Effective April 19, 2016 he became our Chairman of the Board. He is also a director and shareholder of Ketcham Investments, Inc., which owns 6,162,718 Common shares and 1,743,228 Class B Common shares of the Company. Mr. Ketcham has been actively involved with the Company since 1973. He was formerly a director of The Toronto-Dominion Bank.

Raymond Ferris

Mr. Raymond W. serves as President, Chief Operating Officer, Executive Vice President of the Company. Before September 15, 2007 was a Operations Manager, Solid Wood. Mr. Ferris will be responsible for the successful implementation of its operating strategies. He has been with the company since 1997 in a number of senior roles and has extensive manufacturing experience in the forest products industry.

Edward Seraphim

Mr. Edward R. Seraphim serves as Chief Executive Officer, Director of West Fraser Timber Co Ltd. Ted Seraphim resides in North Vancouver, B.C., Canada. Mr. Seraphim holds a Bachelor of Commerce Degree from the University of B.C. He is a Chartered Accountant and our President and Chief Executive Officer. Before February 15, 2007 Mr. Seraphim was Vice-President, Pulp & Paper Sales and on that date he was appointed Vice-President, Pulp & Paper, a position which he held until July 1, 2010. He was Executive Vice-President and Chief Operating Officer from July 1, 2010 to April 19, 2012 when he was appointed President and Chief Operating Officer. On March 1, 2013 Mr. Seraphim became the Company’s President and Chief Executive Officer. Mr. Seraphim is Chairman of the B.C. Council of Forest Industries and acts as West Fraser’s representative in a number of industry-related associations including the Forest Products Association of Canada, B.C. Lumber Trade Council and the Softwood Lumber Board.

Christopher Virostek

Mr. Christopher A. Virostek serves as Chief Financial Officer, Vice President - Finance of the company. Mr. Virostek is a chartered professional accountant (CA) and has held a number of senior financial roles at Masonite International Corp. since 2002, most recently as senior vice-president of strategy and corporate development.

Rodger Hutchinson

Mr. Rodger M. Hutchinson serves as Vice President, Corporate Controller and Investor Relations of West Fraser Timber Co Ltd.

Christopher McIver

Mr. Christopher D. McIver serves as Vice President - Sales and Marketing of West Fraser Timber Co Ltd. From January 2005 to December 2005 was Lumber Sales Manager and before January 2005 was MDF Operations Manager.

Brian Balkwill

Mr. Brian Allen Balkwill serves as Vice President - Canadian lumber of the company. He is the general manager, Canadian lumber, has been appointed vice-president, Canadian lumber. Mr. Balkwill has been with the company since 1986 and has held a variety of progressive roles in forestry and manufacturing and holds a degree in forestry.

Keith Carter

Mr. Keith Darren Carter serves as Vice President - Pulp and Energy Operations of the company, He is currently the general manager, pulp operations, has been appointed vice-president, pulp and energy operations, and will assume the pulp and energy operational responsibilities of Mr. Rippon on his retirement. Mr. Carter has been with the company since 2000 and has held a variety of maintenance, engineering and general management responsibilities and holds an engineering degree.

Larry Gardner

Mr. Larry Earl Gardner serves as Vice President - Canadian woodlands of the company, and currently the general manager, Canadian woodlands operations, has been appointed vice-president, Canadian woodlands, and will assume the Canadian woodlands responsibilities of Mr. Lehane on his retirement. Mr. Gardner has been with the company since 1980 in a variety of roles, including chief forester and is a registered professional forester.

James Gorman

Mr. James W. Gorman serves as Vice President - Corporate and Government Relations of the Company since May 19, 2015. Mr. Gorman will join West Fraser after having served as President and Chief Executive Officer of the Council of Forest Industries since 2013. Prior to joining COFI, Mr. Gorman served in a number of senior leadership roles with the Government of British Columbia.

Sean McLaren

Mr. Sean P. McLaren serves as Vice President - U.S. Lumber of West Fraser Timber Co. Ltd. Mr. Sean was previously General Manager, Wood Products for the Company's U.S. operations. Sean will continue to be situated at the Company's U.S. regional office in Memphis, Tennessee.

Charles Watkins

Mr. Charles Henry Watkins serves as Vice President - U.S. lumber Manufacturing of the company, He is currently the general manager, U.S. lumber manufacturing, has been appointed vice-president, U.S. lumber manufacturing. Mr. Watkins has been in the wood products industry since 2006 and joined the company in 2012. He holds an engineering degree.

Tom Theodorakis

Robert Phillips

Mr. Robert Lawrence Phillips, QC, serves as Lead Independent Director of West Fraser Timber Co Ltd. Mr. Phillips holds a B.Sc. (Chemical Engineering) and an LL.B., both from the University of Alberta. Before July 2004, he was President and Chief Executive Officer of the BCR Group of Companies, which was involved in rail transportation and marine terminal operations. Before joining BCR, he was Executive Vice President, Business Development and Strategy for MacMillan Bloedel Limited, and has held the position of President and Chief Executive Officer of the PTI Group Inc. and Dreco Energy Services Ltd. He was appointed Queen’s Counsel in Alberta in 1991. He is a director of the following public corporations: Canadian National Railway Company, Canadian Western Bank and Maxar Technologies Ltd. (formerly MacDonald, Dettwiler and Associates Ltd.) (see “Our Corporate Governance Policies and Procedures – Composition of the Board” on page 31). In February 2008 Mr. Phillips was designated by the Board to serve as Lead Director and in that capacity he serves as Chair of the Governance & Nominating Committee. Mr. Phillips is also the Chair of the Human Resources & Compensation Committee.

Reid Carter

Mr. Reid Ewart Carter serves as Independent Director of the company. Reid E. Carter resides in West Vancouver, B.C., Canada. In 2003 Mr. Carter joined Brookfield Asset Management, Inc., a global asset manager, as a Managing Partner and was appointed President of Brookfield Timberlands Management LP. In this role, Mr. Carter led the acquisition of approximately 3.5 million acres of private timberlands throughout North America and Brazil as well as the teams responsible for all growth and operations aspects of these businesses. Mr. Carter also served as President and Chief Executive Officer of Acadian Timber Corp. from 2010 to 2015 and its predecessor, Acadian Timber Income Fund, from 2006 to 2010. He served as National Bank Financial’s Paper and Forest Products Analyst between 1996 and 2003. Between 1990 and 1996 he served as a resource analyst with TimberWest Forest Corp. Mr. Carter holds a combined undergraduate degree in Forestry and Biology and a master’s degree in Forest Soils, both from the University of British Columbia. Mr. Carter is a member of the Audit Committee and the Governance & Nominating Committee.

John Floren

Mr. John N. Floren serves as Independent Director of the company. John N. Floren resides in Eastham, Massachusetts, USA. He has been President and CEO of Methanex Corporation since January 2013. Prior to this appointment, Mr. Floren was Senior Vice President, Global Marketing and Logistics of Methanex from June 2005 and prior to that, Director, Marketing and Logistics, North America from May 2002. He has been an employee of Methanex for approximately 18 years and has worked in the chemical industry for over 30 years. He currently serves as a director of Methanex whose shares are listed for trading on the Toronto Stock Exchange. Mr. Floren holds a Bachelor of Arts in Economics from the University of Manitoba. He also attended the Harvard Business School’s Program for Management Development and has attended the International Executive Program at INSEAD. Most recently he completed the Directors Education Program at the Institute of Corporate Directors. Mr. Floren is the Chair of the Safety & Environment Committee and a member of the Human Resources & Compensation Committee and the Governance & Nominating Committee.

Brian Kenning

Mr. Brian G. Kenning is Independent Director of the company. Mr. He is a corporate director. He was a Managing Partner of Brookfield Asset Management, a company involved in the real estate, asset management and power generation sectors, from 1995 to 2005. From 1988 to 2005, Mr. Kenning was also Chairman and Managing Partner of B.C. Pacific Capital Corporation, a Brookfield affiliate active in merchant banking and investing. Over the past ten years, Mr. Kenning has served as Director of a number of public and private corporations. He currently serves as a director of the British Columbia Ferry Services Inc. and Maxar Technologies Ltd. (formerly MacDonald, Dettwiler and Associates Ltd.). In addition, Mr. Kenning is a past Governor of the B.C. Business Council and a past Director of the B.C. chapter of the Institute of Corporate Directors. Mr. Kenning graduated from Queen’s University with an MBA in 1973. Mr. Kenning is a member of the Human Resources & Compensation Committee and the Governance & Nominating Committee.

John Ketcham

Mr. John K. Ketcham serves as Independent Director of West Fraser Timber Co. Ltd. He is a graduate of Tufts University and is currently a real estate developer in Los Angeles. Mr. Ketcham currently owns or controls a total of 977,100 of our Common shares. Previously Mr. Ketcham was a film producer (The Hurricane, starring Denzel Washington) and director. From 1985 to 1992 Mr. Ketcham was a television reporter in Vancouver, B.C. Mr. Ketcham is a member of the Safety & Environment Committee and the Governance & Nominating Committee.

Gerald Miller

Mr. Gerald J. Miller serves as Independent Director of West Fraser Timber Co Ltd. Prior to which he was the Director of the Company. He holds a Bachelor of Commerce Degree from the University of B.C. He is a Chartered Accountant who retired from West Fraser on July 31, 2011 after a 25-year career. Mr. Miller was a key member of West Fraser’s senior executive team and served in a number of executive positions including as Executive Vice-President, Pulp & Paper, Executive Vice-President, Operations and Executive Vice-President, Finance and Chief Financial Officer, the position that he held at the time of his retirement. Mr. Miller is also a trustee of Granite Real Estate Investment Trust. Mr. Miller is a member of the Audit Committee, the Safety & Environment Committee and the Governance & Nominating Committee.

Janice Rennie

Ms. Janice Gaye Rennie serves as Independent Director of West Fraser Timber Co Ltd. Ms. Rennie earned a Bachelor of Commerce Degree from the University of Alberta. She is a Fellow Chartered Accountant and a Fellow of the Institute of Corporate Directors and is currently a corporate director. From September 7, 2004 to September 9, 2005 she was the Senior Vice-President, Human Resources and Organizational Effectiveness of EPCOR Utilities Inc., a provider of energy, water and energy-related services and products that is solely owned by the City of Edmonton, on whose board she previously served for over 10 years and rejoined as a director in 2017. She is a director of the following public corporations: Major Drilling Group International Inc., Methanex Corporation and WestJet Airlines Ltd. (see “Our Corporate Governance Policies and Procedures – Composition of the Board” on page 31). Ms. Rennie was formerly a director of Teck Resources Ltd. Ms. Rennie is the Chair of the Audit Committee and a member of the Human Resources & Compensation Committee and of the Governance & Nominating Committee.

Gillian Winckler

Ms. Gillian D. Winckler is Independent Director of the company. Ms. Winckler is a former mining and business executive with over 25 years of diversified experience in the metals and mining industry and the financial sector. Ms. Winckler spent 16 years with BHP Billiton in London, England and Vancouver, Canada where she was involved with corporate and divisional strategy, mergers and acquisitions, divestments, exploration as well as project evaluation and development. Upon leaving the company she joined Coalspur Limited, a thermal coal development company listed in Canada and Australia as the CEO and President. Ms. Winckler held this position, as well as CFO for a brief period, for three years until the company was acquired in June 2015. Prior to the mining industry, Ms. Winckler spent five years as a corporate financier in South Africa and London and five years in the auditing profession. Ms. Winckler is a Chartered Accountant (South Africa), with a BSc and BComm (Hons) obtained in South Africa. Ms. Winckler currently is a director of Pan American Silver Corp., whose common shares are listed for trading on the Toronto Stock Exchange and The NASDAQ Stock Market, and Arizona Mining Inc., whose common shares are listed for trading on the Toronto Stock Exchange. Ms. Winckler is a member of the Audit Committee, the Safety & Environment Committee and the Governance & Nominating Committee.