Canfor Corp. has announced the retirement of its long-standing President and CEO, Don Kayne, effective at the end of this year. Kayne’s career with the Vancouver-based company spans an impressive 46 years, with him serving as CEO since 2011.
Under Kayne’s leadership, Canfor has undergone significant growth and transformation, evolving into a global powerhouse in the forest products industry. His tenure has been marked by strategic expansions and innovations that have strengthened the company’s market position and operational capabilities worldwide.
Taking over from Kayne will be Susan Yurkovich, the current Senior Vice-President of Business Development. Yurkovich, who has been with Canfor for 12 years, is recognized for her extensive experience and contributions to the company’s development. Her appointment is seen as a continuation of the strategic vision and leadership that has guided Canfor’s success in recent years.
Canfor expressed deep gratitude for Kayne’s decades of service and his pivotal role in the company’s achievements. The company acknowledged that Kayne’s expertise and leadership have been instrumental in steering Canfor through various market challenges and opportunities, establishing a strong foundation for future growth.
To ensure a smooth transition and ongoing strategic guidance, Kayne will remain with the company in an advisory capacity through 2025. His continued involvement is expected to provide valuable support to the new leadership team and help sustain the momentum of Canfor’s ambitious initiatives.
The announcement marks a significant milestone in Canfor’s history as the company prepares for a new chapter under Yurkovich’s leadership. Stakeholders and employees alike look forward to the company’s continued success and evolution in the global marketplace.
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