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Catalyst Chairman Steps in as Interim CEO

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Catalyst Paper, Richmond, B.C., Canada, this past week announced the appointment of Leslie Lederer, a director and chairman of the company, as the interim president and CEO. The appointment takes effect on Kevin J. Clarke's departure as Catalyst CEO and board member at the end of this month.

Lederer is a former industry executive with Smurfit-Stone Container Corp., with extensive experience in the industry, and a member of the Illinois Bar.

Clarke's resignation was announced in April and the board initiated an executive search for his successor at that time. Clarke is leaving the company and the board to return to his home in the state of New York where his family resides.

Lederer's appointment will enable the board to complete the executive search in due course and will facilitate a seamless transition once a new CEO is selected.

Catalyst Paper produces specialty mechanical printing papers, newsprint, and pulp. With three mills in British Columbia, the company has a combined annual production capacity of 1.5 million metric tons.


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