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Canfor appoints new CFO

Canfor has appointed Thomas Sitar vp-finance and CFO. Sitar is currently the CFO of the Canfor Pulp Income Fund and will be joining Canfor following an orderly transition from the fund, the company said.

“We are pleased to have Tom join the Canfor executive team,” said Jim Shepard, CEO of Canfor. “Tom brings a long history of financial experience in the B.C. (British Columbia) forestry industry and will be a significant asset to Canfor.”

Sitar was formerly the vp-finance of Weldwood of Canada Limited and has been the CFO of the Canfor Pulp Income Fund since 2006.

Canfor is an integrated forest products company based in Vancouver, B.C., with interests in 33 facilities in B.C., Alberta, Quebec, Washington state and North and South Carolina. The company is the largest producer of softwood lumber in Canada while also producing oriented strand board (OSB), plywood, remanufactured lumber products and specialized wood products.

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