VANCOUVER, April 25 /CNW/ - Catalyst Paper Corporation president and
chief executive officer Richard Garneau announced the appointment of David
Smales as vice-president, finance and chief financial officer, effective
today. Mr. Smales had been serving in the role in an acting capacity since
March 29, 2007.
Mr. Smales joined the company as vice president, strategy in December
2005 bringing experience as vice-president, transaction services from
PricewaterhouseCoopers to his role at Catalyst. Prior to that he held senior
roles in corporate development, finance and general management with divisions
of Novar PLC, a London-based, publicly traded building management systems
manufacturer with $3 billion in worldwide revenues. His five-year career with
Novar included assignments in the UK, France and Vancouver and oversight of
sales and business units operating in China and North America.
Prior to Novar, Mr. Smales spent nearly 10 years with
PricewaterhouseCoopers in the UK and Canada first in auditing, then
transaction services where he handled due diligence and post-acquisition
integration assignments in a wide range of industries.
A chartered accountant (England and Wales), Mr. Smales holds a Bachelor
of Arts (Hons) in History from the University of Newcastle-Upon-Tyne.
Catalyst is a leading producer of mechanical printing papers in North
America, headquartered in Vancouver, British Columbia. The company also
produces market kraft pulp and owns Western Canada's largest paper recycling
facility. With five mills employing 3,500 people at sites within a
160-kilometre radius on the south coast of BC, Catalyst has a combined annual
capacity of 2.4 million tonnes of product. Catalyst's common shares trade on
the Toronto Stock Exchange under the symbol CTL.
For further information:
For further information: Lyn Brown, Vice-President, Corporate Relations,