(NYSE: UFS) (TSX: UFS)
FORT MILL, SC, Dec. 10, 2015 /CNW Telbec/ - Domtar Corporation (NYSE: UFS) (TSX: UFS) announced today the election of Mary A. Winston to its board of directors. From 2012 until August 2015, Ms. Winston served as the Executive Vice President and Chief Financial Officer of Family Dollar Stores, Inc., a leading retailer with nearly $11 billion in revenue which was acquired by Dollar Tree in July 2015. Ms. Winston played a vital role in working with the board of directors, shareholders, and other constituents to successfully complete the transaction and to plan for the integration of the businesses.
"We are extremely pleased to add Mary to our board." said Robert J. Steacy, Domtar's Chairman of the Board. "Her experience and skills will be a valued addition to our board as we continue to implement our key strategic initiatives".
"Mary's extensive experience in the retail, manufacturing, publishing and healthcare markets, combined with her financial acumen, will be instrumental in advancing our company's strategic growth." said John D. Williams, Domtar's President and Chief Executive Officer.
Before joining Family Dollar, Ms. Winston served as Senior Vice President and Chief Financial Officer of Giant Eagle, Inc., a leading grocery and fuel retailer. Prior to that, she served as Executive Vice President and Chief Financial Officer of Scholastic Corporation, a global leader in publishing, education and media. Ms. Winston has also held executive-level positions with Visteon Corporation, a global automotive supplier, and with Pfizer, Inc., the world's largest pharmaceutical company. She started her career as a Certified Public Accountant CPA with a global public accounting firm.
Ms. Winston currently serves on the board of directors and is chair of the audit committee of Dover Corporation (NYSE: DOV), a global diversified manufacturer of industrial products. Ms. Winston also serves on the board of directors, the nominating and corporate governance committee and the audit committee of Plexus Corp. (NSDQ: PLXS), a global electronics engineering and manufacturing services provider.
Ms. Winston obtained a B.B.A. from the University of Wisconsin-Milwaukee and an M.B.A. from Northwestern University, Kellogg School of Management. Ms. Winston is a member of the board of the Carolinas Chapter of the National Association of Corporate Directors (NACD) and serves as the chair for its advisory board.
Domtar Corporation (NYSE: UFS) (TSX: UFS) designs, manufactures, markets and distributes a wide variety of fiber-based products, including communication papers, specialty and packaging papers, and absorbent hygiene products. The foundation of our business is a network of world-class wood fiber-converting assets that produce papergrade, fluff and specialty pulp. The majority of our pulp production is consumed internally to manufacture paper and consumer products. Domtar is the largest integrated marketer and manufacturer of uncoated freesheet paper in North America with recognized brands such as Cougar®, Lynx® Opaque Ultra, Husky® Opaque Offset, First Choice®, EarthChoice® and Xerox® Paper and Specialty Media. Domtar is also a marketer and producer of a broad line of absorbent hygiene products marketed primarily under the Attends®, IncoPack® and Indasec® brand names. In 2014, Domtar had sales of $5.6 billion from some 50 countries. The Company employs approximately 9,800 people. To learn more, visit www.domtar.com.
SOURCE Domtar Corporation
Image with caption: "Mary A. Winston Joins Domtar's Board of Directors (CNW Group/Domtar Corporation)". Image available at: http://photos.newswire.ca/images/download/20151210_C8311_PHOTO_EN_562556.jpg
For further information: MEDIA RELATIONS, David Struhs, Vice-President, Corporate Services and Sustainability, Tel.: 803-802-8031; INVESTOR RELATIONS, Nicholas Estrela, Director, Investor Relations, Tel.: 514-848-5555 x 85979