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Tembec Appoints Gignac New Director

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Tembec, Montreal, Que., Canada, has announced the appointment of Pierre Gignac to the Tembec Board of Directors. Gignac joins Tembec's Board with broad international experience and expertise in enterprise risk management, corporate governance, corporate social responsibility, and finance. He served as the SVP of enterprise risk management and chief risk officer at Export Development Canada (EDC), as acting president and acting CEO of EDC from June 3, 2013, to February 2014, and in a variety of senior roles at EDC from the time he first joined in 1999. EDC, a Crown corporation, is Canada's export credit agency, providing financing and insurance solutions locally and around the world to help Canadian companies of any size respond to international business opportunities.

Gignac has been an independent director of Orbite Technologies Inc. since Feb. 23, 2016. He is a Fellow of the Society of Actuaries, Fellow of the Canadian Institute of Actuaries, and a chartered financial analyst. He is a graduate of Columbia University's Senior Executive Program and from Laval University in Quebec City.

Gignac will assume the seat of Michel Dumas, who remains as EVP, finance and CFO of the company. 

Tembec is a manufacturer of forest products—lumber, pulp, paper, and specialty cellulose—and a global leader in sustainable forest management practices. Principal operations are in Canada and France. Tembec has approximately 3,000 employees and annual sales of about $1.5 billion. 


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