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Domtar Corporation Announces Management Committee Appointments

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Domtar Corporation (NYSE: UFS) has announced key appointments to its management committee aimed at streamlining operations and advancing its strategic focus on paper, pulp, and packaging. Effective February 23, 2021, the new roles include Maria Brennan as senior vice president of procurement, Bill Edwards as senior vice president of pulp and paper operations, Steven Henry heading packaging, Stephen Makris overseeing business transformation, and Robert Melton managing pulp and paper commercial efforts. Additionally, Zygmunt Jablonski will leave the company on April 2, 2021, with Nancy Klembus and Richard McAtee stepping into new roles.

Positive
  • Streamlined management structure for better operational efficiency.
  • Experienced leaders appointed across critical functions, enhancing strategic focus.
  • Commitment to advancing the company's portfolio in paper, pulp, and packaging.
Negative
  • Departure of senior vice president Zygmunt Jablonski may cause temporary disruption.

Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced appointments to the company’s management committee. These appointments streamline and simplify the company’s management structure and will help advance Domtar’s strategic plan to lower costs and refocus the company’s portfolio on paper, pulp and packaging.

The Board of Directors appointed the following leaders to the Management Committee, effective February 23, 2021:

  • Maria Brennan has been appointed to the role of senior vice president, procurement. Brennan has 29 years of supply chain expertise and has been with Domtar for over six years. She is responsible for all purchasing activities, including buying wood, securing transportation and warehousing services, and managing nearly all other direct and indirect spending.
  • James (Bill) Edwards has been appointed to the role of senior vice president, pulp and paper operations. Edwards has been with Domtar for over 30 years and is responsible for all manufacturing, converting and optimization efforts at Domtar’s mills and plants, including our safety, continuous improvement and innovation teams.
  • Steven Henry has been appointed to the role of senior vice president, packaging. Henry has 26 years of industry experience and has been with Domtar for nine years. He is responsible for leading Domtar’s entry into the packaging business and building the business structure needed to produce and sell containerboard with a winning customer value proposition.
  • Stephen Makris has been appointed to the role of senior vice president, business transformation. Over the past seven years Makris has served in various leadership roles at Domtar. Makris is responsible for overseeing Domtar’s portfolio of strategic projects as well as the company-wide performance improvement program.
  • Robert Melton has been appointed to the role of senior vice president, pulp and paper commercial. Melton has been with Domtar for 28 years and is responsible for developing and deploying the go-to-market strategy for the pulp and paper businesses, which includes all elements of sales and marketing.

“These new leadership appointments will help Domtar focus on a successful and sustainable future as an industry-leading paper, pulp and packaging company,” said Daniel Buron, acting chief executive officer. “These are experienced and talented leaders and I look forward to their contributions towards achieving our vision for Domtar.”

In addition, Domtar today announced that Zygmunt Jablonski, senior vice president and chief legal and administrative officer will be departing on April 2, 2021 after 13 years with the company. Appointments of the following two leaders to the Management Committee will take effect on April 2.

  • Nancy Klembus will assume the role of senior vice president, general counsel and corporate secretary. Klembus has spent over 20 years practicing law in the paper and personal care industry and has been with Domtar since 2016. She will be responsible for all legal affairs, corporate secretary duties and internal audit.
  • Richard McAtee will assume the role of senior vice president, human resources. McAtee has over 25 years of experience in labor relations, employment law and human resources, and has been with Domtar for six years. He will be responsible for all Human Resource functions.

All newly appointed senior leaders will report to the president and chief executive officer.

Addressing Mr. Jablonski’s departure, Mr. Buron said, “I am grateful for Zyg’s contributions and thank him for his wise counsel and friendship over the years.”

About Domtar

Domtar is a leading provider of a wide variety of fiber-based products including communication, specialty and packaging papers, market pulp and absorbent hygiene products. With approximately 8,700 employees serving more than 50 countries around the world, Domtar is driven by a commitment to turn sustainable wood fiber into useful products that people rely on every day. Domtar’s annual sales are approximately $3.7 billion, and its common stock is traded on the New York and Toronto Stock Exchanges. Domtar’s principal executive office is in Fort Mill, South Carolina. To learn more, visit www.domtar.com.

Forward-Looking Statements

Statements in this news release about our plans, expectations and future performance, including the statements by Mr. Buron, are “forward-looking statements”. The company expressly disclaims obligation to update, alter or revise these forward-looking statements, whether as a result of new information, future events or otherwise except as required by law. 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 those projected in the forward-looking statements. For a summary of the risks that could cause actual results to defer materially, please refer to Domtar’s Annual Report on Form 10-K for the year ended December 31, 2019 filed with the Securities and Exchange Commission and as updated by subsequently-filed Form 10-Q’s.

FAQ

What management changes did Domtar announce on February 23, 2021?

Domtar announced several appointments to its management committee to streamline operations and focus on its strategic plan.

Who were the new appointments in Domtar's management committee?

New appointments include Maria Brennan, Bill Edwards, Steven Henry, Stephen Makris, and Robert Melton to key roles.

What is the significance of the management restructuring at Domtar?

The restructuring aims to enhance operational efficiency and strengthen focus on core areas of paper, pulp, and packaging.

What will happen to Zygmunt Jablonski after April 2, 2021?

Zygmunt Jablonski will depart from his role and be succeeded by Nancy Klembus and Richard McAtee.

How does Domtar plan to improve its business after the management changes?

Domtar aims to lower costs and refocus its portfolio as part of its strategic initiatives.

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