TORONTO, March 8 /CNW/ - Norbord Inc. is pleased to announce the
appointment of Mr. Neville W. Kirchmann to its Board of Directors.
Mr. Kirchmann is President of Kirchmann Holdings Inc., a private
investment company. He was previously President and CEO of Coca-Cola Canada
and Coca-Cola Southern Africa. Currently, Mr. Kirchmann is Chair of the
Princess Margaret Hospital Foundation.
"We are pleased to welcome Mr. Kirchmann to Norbord," said Barrie
Shineton, Norbord President and CEO. "Mr. Kirchmann's governance and financial
expertise will be a valuable addition to our Board."
In addition to his role on the Board, Mr. Kirchmann will serve on the
Audit; Corporate Governance and Nominating; Environment, Health and Safety;
and Human Resources committees.
Norbord Inc. is an international producer of wood-based panels and is a
publicly traded company listed on the TSX under the symbol NBD.
This news release contains forward-looking statements, as defined in
applicable legislation. The word "will" and other expressions which are
predictions of or indicate future events, trends or prospects and which do not
relate to historical matters identify forward-looking statements.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of Norbord to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Although Norbord believes it has a reasonable basis for making these
forward-looking statements, readers are cautioned not to place undue reliance
on such forward-looking information. By its nature, forward-looking
information involves numerous assumptions, inherent risks and uncertainties,
both general and specific, which contribute to the possibility that the
predictions, forecasts and other forward-looking statements will not occur.
Factors that could cause actual results to differ materially from those
contemplated or implied by forward-looking statements include general economic
conditions and other risks and factors described from time to time in filings
with Canadian securities regulatory authorities and the US Securities and
Norbord does not undertake to update any forward-looking statements,
whether as a result of new information, future events or otherwise, or to
publicly update or revise the above list of factors affecting this
information. See the "Caution Regarding Forward-Looking Information" statement
in the March 1, 2006 Annual Information Form and the cautionary statement
contained in the "Forward-Looking Statements" section of the 2006 Management's
Discussion and Analysis dated January 31, 2007. Norbord Inc.
For further information:
For further information: Anita Veel, Director, Corporate Affairs, (416)