CEO's On the Move
Catalyst Paper Corporation Appoints Leslie Lederer as President and Chief Executive Officer
06/19/2013
Catalyst Paper Corporation (
CYT:CN:TSX) Catalyst Paper Corporation announced the appointment of Leslie Lederer, a director and chairman of the company as the interim president and chief executive officer. The appointment takes effect on Kevin J. Clarke's departure as company's CEO and board member at the end of June. Mr. Lederer is a former
... industry executive with Smurfit-Stone Container Corporation with extensive experience in the industry, and a member of the Illinois Bar. Mr. Clarke's resignation was announced in April and the Board initiated an executive search for his successor at that time.
Upcoming Board Meetings
Executive Changes
Coca-Cola HBC Announces Management Changes
06/20/13
On May 28, 2013, Coca-Cola HBC confirmed that Kent Atkinson retired from the Board at the time of the EGM and the company's shareholders elected Stefan F. Heidenreich to succeed Mr. Atkinson as a non-executive director on the Board with effect from the same date.
Up Energy Development Group Limited Re-Designates Mr. Chau Shing Yim, David from Non Executive Director to Independent Non-Executive Director
06/20/13
The board of directors of Up Energy Development Group Limited announced that Mr. Chau Shing Yim, David has been re-designated from a non executive director to an independent non-executive director of the company and appointed as a member of the audit committee of the company with effect from 20 June 2013. Mr. Chau acted as an executive director of the Company during the period from 1 May 2008 to 19 June 2011. He was re-designated as a non-executive director of the company on 20 June 2011. Prior to his re-designation as an independent non-executive director of
the company.
Image Scan Holdings plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended March 31, 2013; Ian Johnson to Step Down as Non Executive Director
06/20/13
Image Scan Holdings plc reported unaudited consolidated earnings results for the six months ended March 31, 2013. For the period, the company reported operating loss of £399, loss before taxation of £399, loss attributable to equity shareholders of £390 or £0.50 per basic and diluted share on revenue of £1,072 against operating profit of £5, profit before taxation of £6, profit attributable to equity shareholders of £6 or £0.01 per basic and diluted share on revenue of £1,760 for the same period a year ago. Loss for the period was £389 against profit for the period of £6 a year ago. Net cash inflow from operating activities of £67, purchase of property, plant and equipment was £3 against net cash outflow from operating activities of £805, purchase of property, plant and equipment of £19 for the same period a year ago. Revenue was down across both its core sectors mainly due to starting the year with a much lower opening order book of £400,000.
As of June 20, 2013, Ian Johnson will be standing down as non executive director having served on the board of Image Scan since 2001.
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Top Compensated Executives at CYT:CN
| Name/Title | Annual Compensation |
| Kevin Clarke | C$624.9K |
| Chief Executive Officer, President, Director and Chairman of Environmental, Health & Safety Committee |
| Brian Baarda | C$290.0K |
| Chief Financial Officer and Vice President of Finance |
| Robert Stepusin | C$399.9K |
| Senior Vice President Business Improvement |
| Stephen Boniferro | C$250.0K |
| Senior Vice President of Human Resources |
| L. Crowley | C$279.9K |
| Senior Vice President of Sales & Marketing |
| Compensation as of Fiscal Year 2012. All Compensation is in USD. |
Average Compensation in the Paper and Forest Products Industry
| Paper and Forest Products | $511.0K |
| Forest Products | $398.8K |
| Paper Products | $614.1K |