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
Effective May 12, 2017, David Wilkins resigned from his position as a director of Resolute Forest Product Inc.’s (the “Company’s”) Board of Directors (the “Board”), and as a member of each of the Board’s Human Resources and Compensation / Nominating and Governance Committee and Environmental, Health and Safety Committee. Mr. Wilkins had been nominated for re-election as a director at the Company’s Annual Meeting of Stockholders to be held on May 25, 2017. In connection with his resignation as a director of the Company, Mr. Wilkins has also confirmed that he will not stand for re-election. The Board does not currently expect to nominate a substitute nominee for election at the Annual Meeting.
Mr. Wilkin’s resignation was not the result of any disagreement with the Company, any matter related to the Company’s operations, policies or practices, the Company’s management or the Board. Mr. Wilkins is a partner at the law firm Nelson Mullins Riley & Scarborough LLP. Heresigned from the Board upon that firm’s engagement by the Province of New Brunswick for government relations services in the United States, including the issue of softwood lumber exports to the United States, in order to ensure no future conflict or appearance of conflict of interest could exist between that engagement by his law firm and the Company’s interests.
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. RESOLUTE FOREST PRODUCTS INC. (TSE:RFP) Recent Trading Information
RESOLUTE FOREST PRODUCTS INC. (TSE:RFP) closed its last trading session up +0.18 at 6.77 with 50,300 shares trading hands.
