Canfor Corp. CEO Don Kayne to Retire After 46 Years of Service

Canfor Corp. has announced the retirement of its long-serving President and CEO, Don Kayne, effective the end of this year. Kayne’s career with the Vancouver-based company spans an impressive 46 years, having served as CEO since 2011.

Under Kayne’s leadership, Canfor has experienced significant growth and transformation, becoming a global powerhouse in the forest products industry. His tenure has been marked by strategic expansions and innovations that have strengthened the company’s market position and operational capabilities worldwide.

Susan Yurkovich, currently Senior Vice President of Business Development, will take over from Kayne. Yurkovich, who has been with Canfor for 12 years, is recognized for her extensive experience and contributions to the company’s development. Her appointment is seen as a continuation of the strategic vision and leadership that has guided Canfor’s success over the past several years.

Canfor expressed deep gratitude for Kayne’s decades of service and his critical role in the company’s achievements. The company recognized that Kayne’s expertise and leadership have been instrumental in steering Canfor through various market challenges and opportunities, and have laid a strong foundation for future growth.

To ensure a smooth transition and continued strategic guidance, Kayne will remain with the company in an advisory capacity through 2025. His continued involvement is expected to provide valuable support to the new leadership team and help maintain the momentum of Canfor’s ambitious initiatives.

The announcement marks a significant milestone in Canfor’s history as the company prepares to enter a new chapter under Yurkovich’s leadership. Stakeholders and employees alike look forward to the company’s continued success and evolution in the global marketplace.

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