BEDFORD, Mass., July 31, 2012 /PRNewswire/ -- RISI, the leading information provider for the global forest products industry, today announced Mr. Richard Garneau, President and Chief Executive Officer of Resolute Forest Products, has been selected as RISI's 2012 North American CEO of the Year. RISI, the leading information provider for the forest products industry, gives the award to honor industry leaders who have made significant achievements over the past year. The award will be presented at RISI's 27th North American Forest Products Conference in Boston, Massachusetts on October 3 – 5, 2012.
Mr. Garneau was chosen for his leadership, vision, and strategic accomplishments in a survey of investment analysts and portfolio managers who cover the forest products industry. "The competition was close among this year's finalists, but Mr. Garneau undeniably stood out among his peers," said Mark Rushton, Editor, Pulp and Paper International (PPI).
One analyst commented, " Richard Garneau has helped Resolute retake a leadership position in the industry, including the acquisition of Fibrek." Another said, "He has done an excellent job of deleveraging the company despite the challenges in certain markets, specifically newsprint."Before joining Resolute Forest Products, Mr. Garneau served as President and Chief Executive Officer of Catalyst Paper Corporation from 2007 through 2010. Prior to his tenure at Catalyst, Mr. Garneau was Vice President of Pulp and Paper Operations at Domtar Inc. He also held a variety of roles at Norampac, Copernic.com, Future Electronics, St. Laurent Paperboard, Finlay Forest Industries, and Donohue Inc. In addition to accepting his award at RISI's North American Forest Products Conference in Boston, Mr. Garneau will join the CEO panel. The conference will feature industry-leading experts and RISI's economists and engineers as they provide their outlook for the North American and global forest products industry. About the RISI North American Forest Products Conference The 27th RISI North American Forest Products Conference will be held at the Park Plaza Hotel in Boston, Massachusetts, October 3 – 5, 2012. The conference will address the key issues in today's North American forest products industry. The conference is sponsored by ABB, HP, ColorLok, Yale Global Institute of Sustainable Forestry, Siemens, and StepChange Consulting. More information regarding the conference program and registration information is available online at www.risi.com/naconf. About UBM plc ( www.ubm.com ) UBM plc is a leading global company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.