Last updated on April 17, 2014 at 21:23 EDT

Mario Plourde to Succeed Alain Lemaire as President of Cascades

March 26, 2013

MONTREAL, March 26, 2013 /PRNewswire/ – Today, Alain Lemaire, in the
company of his brothers Bernard and Laurent Lemaire, announced that he
will be passing the position of President and Chief Executive Officer
of Cascades to Mario Plourde, now Chief Operating Officer of the
company. The transfer will take place on May 9, following a two-year
transition period.

Lemaire made this important announcement this morning at a press
conference. He also indicated that he will continue to serve as
Chairman of the Board of Directors. “Of course, I will continue to
support Mario in his daily activities, and I also intend to remain
involved with the company, returning to my original passion by putting
my technical skills to use in the various groups,” he added. Bernard
and Laurent will also remain active, continuing to serve on the Board
of Directors and the Executive Committee, and participating in the
company’s strategic planning.

“In February 2011, we announced the nomination of Mario Plourde to the
position of Chief Operating Officer. He belongs to the new generation
of competent and dedicated leaders at Cascades, and he is a true
believer in our values. At the same time, we announced the beginning of
a transition process that would ensure a sound business succession. We
had a plan, and we carried it out. After nearly 10 years at the head of
the company, my brothers and I feel it is time to pass on the torch and
make room for the younger generation,” said Alain Lemaire.

“Today, I’d like to thank Bernard, Laurent and Alain for the trust they
are placing in me,” said Plourde. “It is a real honour to take over the
reins of the company they have built with their own hands, and that has
become one of the most admired businesses in the province. I am looking
forward to perpetuating the values of the company, and taking the torch
they have carried for close to 50 years. I want Cascades employees to
know that they can count on me to be there, and that I am fully
committed and dedicated to the company. In these challenging economic
times, it is more important than ever to remain unified, stay the
course and build an increasingly efficient business,” added Plourde.

Mario Plourde is Chief Operating Officer of Cascades and has been
managing the company’s operations since 2011. He works in close
collaboration with the President and heads up the management team
responsible for operations of the various business segments of the
company’s three major groups (Tissue Group, Containerboard Group and
Specialty Products Group).

Since his arrival at Cascades in 1985, Plourde has occupied various
positions including Controller, Plant Manager and General Manager. In
1997, he was appointed President and Chief Operating Officer of the
Specialty Products Group, and was President of this group from 2000 to

Founded in 1964, Cascades produces, converts and markets packaging and
tissue products that are composed mainly of recycled fibres. Cascades
employs more than 12 000 men and women, who work in over a hundred
modern and versatile production units in North America and Europe. With
its management philosophy, close to half a century of experience in
recycling, and continuous efforts in research and development as
driving forces, Cascades continues to deliver the innovative products
that customers have come to rely on. Cascades’ shares trade on the
Toronto Stock Exchange under the ticker symbol


Source: PR Newswire