RESOLUTE FOREST PRODUCTS INC. (TSE:RFP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On August 18, 2017, Resolute Forest Products Inc. (the “Company”) appointed Hugues Dorban as vice president and chief accounting officer effective September 11, 2017. In this role, Mr. Dorban will serve as the Company’s principal accounting officer within the meaning of the rules of the Securities and Exchange Commission.
Mr. Dorban, age 40, has been the Vice President Finance and Chief Financial Officer of Bombardier Transportation since December 2015. Before that he was Chief Financial Officer of ArcelorMittal Mines Canada from July 2015 through December 2015, and previously held positions as Chief Financial Officer (October 2011 through July 2015), and Controller (May 2007 through October2011) with ArcelorMittal Long Carbon North America. Mr. Dorban holds a Master of Business Administration as well as a Master in Financial Economy-Corporate Finance.
Upon commencement of employment, Mr. Dorban will receive a customary compensation package consisting of an annual salary commensurate with his duties, and will be eligible to participate in the Company’s short- and long-term incentive plans, and other benefit plans generally available to employees. Mr. Dorban will also be covered by the Company’s indemnification policy for its executive officers and the chief accounting officer.
Mr. Dorban will replace Silvana Travaglini, who will resign as vice president and chief accounting officer and become vice president and treasurer of the Company effective September 11, 2017.
About RESOLUTE FOREST PRODUCTS INC. (TSE:RFP)
Resolute Forest Products Inc. offers a range of forest products, including market pulp, tissue, wood products, newsprint and specialty papers. The Company owns or operates over 40 pulp, paper, tissue and wood products facilities in the United States, Canada and South Korea, as well as power generation assets in Canada. It operates through five segments: market pulp, tissue, wood products, newsprint and specialty papers. It also sells green power produced from renewable sources, wood chips and other wood related products to customers located in Canada and the United States. It produces market pulp at over seven facilities in North America, with total capacity of approximately 1.8 million metric tons. It produces tissue products at over two facilities in North America. It operates over 15 sawmills in Canada that produce construction-grade lumber sold in North America. It produces newsprint at over 10 facilities in North America and approximately one facility in South Korea.
