Tembec's Executive VP, Pulp and Paper Pulp Group Chris Black to take on expanded role to include forest products as Dennis Rounsville is retiring; company says it is reorganizing leadership team, business groups as part of ongoing transformation

MONTREAL , October 16, 2013 (press release) – Tembec announced today that Dennis Rounsville, Executive Vice President, Forest Products Group, is retiring.

Chris Black, currently Executive Vice President, Paper and Paper Pulp Group, will take on additional leadership responsibilities as Executive Vice President, Forest Products, Paper and Paper Pulp Group. Christian Ribeyrolle remains Executive Vice President, Specialty Cellulose Group and operations for this business group are unchanged.

"Dennis Rounsville has been a valuable member of our executive leadership team, and a significant contributor to Tembec and the forest products industry through his long career, and we wish him a fruitful and happy retirement," said Tembec President and CEO James Lopez. " Chris Black has the business and skills to lead the new group forward."

"This change reflects the ongoing transformation of Tembec, as well as management's continuing focus on costs as we reshape our business portfolio," said James Lopez. "We are parting ways with people who have been dedicated employees and we wish them well in the next phase of their careers."

Tembec is a manufacturer of forest products - lumber, pulp, paper and specialty cellulose - and a global leader in sustainable forest management practices. Principal operations are in Canada and France . Tembec has some 3,400 employees and annual sales of approximately $1.6 billion. Tembec is listed on the TSX (TMB).


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