Acadian Timber appointed Ms. Mabel Wong as Senior Vice-President and Chief Financial Officer, effective July 27, 2017. Ms. Wong replaces Mr. Wyatt Hartley.
Mabel Wong has been a key member of Brookfield Asset Management’s team for the past ten years and has held a number of senior finance roles within the organization. She is a Chartered Accountant and worked at one of the big four accounting firms prior to joining Brookfield.
Earlier Acadian Timber announced that the Toronto Stock Exchange (TSX) has approved its notice of intention to make a normal course issuer bid for a portion of its common shares.
About Acadian Timber:
The company is a leading supplier of primary forest products in Eastern Canada and the Northeastern U.S. With a total of approximately 2.4 million acres of land under management, Acadian is the second largest timberland operator in New Brunswick and Maine. It owns and manages approximately 1.1 million acres of freehold timberlands in New Brunswick and Maine, and provides management services relating to approximately 1.3 million acres of Crown licensed timberlands. Acadian also owns and operates a forest nursery in Second Falls, New Brunswick. The company’s products include softwood and hardwood sawlogs, pulpwood and biomass by-products, sold to approximately 90 regional customers.