EACOM Announces Senior Management Changes

2011-05-03 | News / Press Releases

Montréal, Québec and Vancouver, British Columbia – EACOM Timber Corporation (ETR: TSX-V) (“EACOM”, or the “Company”) announced today the following senior management changes. Rick Collins, currently President and COO, International Operations, is appointed President and COO, Sales and Operations, with full responsibility for all of the Company’s sales and operations. Éric Michaud, currently Vice-President, Operations, is appointed Senior Vice-President, Operations, with responsibility for sawmill operations and timberlands.

The Company also announced that Mel Lemky has joined the organization as Vice-President, Operations, Ontario sawmills, a newly created position. Mr. Lemky brings with him a long experience of the lumber industry and will help optimize the performance of the Company’s Ontario mills.

Mike O’Blenis, currently General Director, Forest Operations, North-East Ontario, is appointed Vice-President, Forest Operations for all of the Company’s Ontario timberlands. Brian Nicks, currently Director, Forestry and Environment, is appointed Vice-President, Forestry and Environment. And Stéphane Blanchette, currently Senior Director, Human Resources, is appointed Vice-President, Human Resources.

“EACOM is building a strong team with a clear focus on improving productivity and reducing costs in all of its operations, as well as ensuring global growth in lumber sales and distribution’’, said Mr. Rick Doman, President and CEO of EACOM.

 

About EACOM

EACOM Timber Corporation is a TSX-V listed company. EACOM owns seven sawmills and an equity interest in an eighth sawmill, all located in Eastern Canada, and related tenures. The mills are Timmins, Nairn Centre, Gogama and Ear Falls in Ontario, and Val-d’Or, Ste-Marie and Matagami in Quebec. The equity interest is in the Elk Lake sawmill located in Ontario. The sawmills in Ear Falls, Ontario, and Ste-Marie, Quebec, are currently idled. EACOM also owns one idled mill in Big River, Saskatchewan, a remanufacturing facility and a 50% interest in an “I” joist plant. The TSX Venture Exchange has neither approved nor disapproved the content of this press release. All director and officer appointments are subject to TSX Venture Exchange approval.

 

Forward-Looking Statements

All statements in this news release that are not based on historical facts are “forward-looking statements.” While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the captions “Risk Factors” of the Filing Statement dated January 8, 2010 and the current MD&A for EACOM Timber Corporation on file with the Canadian Securities Commissions.

 

INVESTORS :

Marc Girard
Executive Vice‐President and Chief Financial Officer

Tel: 514-848‐5133

 

MEDIA RELATIONS:

Frédéric Bérard
H+K Stratégies

Tel: 514-395‐0375 ext. 259


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