Donald Kayne - Canfor CEO and Pres

CFPZF Stock  USD 10.32  0.14  1.34%   

CEO

Mr. Donald B. Kayne is President, Chief Executive Officer, Director of Canfor Corporationrationration. He was CEO of Canfor Pulp. He is also a Director and Past Chairman of the Forest Products Association of Canada and a Director of the Council of Forest Industries, Alberta Forest Products Association and the BC Lumber Trade Council. In 2014, Don was appointed to the binational Softwood Lumber Board and currently serves as Vice Chairman and Chairman of the Programs Committee. He is also a Director of Cameco Corporation and Chairman of the charitable organization, Educating Girls of Rural China Foundation, which works to transform the lives of women and communities in rural areas of western China by providing access to education. Background Mr. Kayne was appointed President and CEO of the Company on May 5, 2011. He was additionally appointed CEO of Canfor Pulp on September 30, 2012. Mr. Kayne has spent his entire career at the Company, starting out as a regional sales representative in 1979 since 2017.
Age 65
Tenure 8 years
Phone604-661-5241
Webhttps://www.canfor.com
Kayne is motivated by what lays ahead for the forest sector as the global population and demand for sustainable, renewable products grows. Prior to being appointed CEO, he spent 10 years as the Company’s Vice President of Sales and Marketing, and is one of the lead architects of the market for British Columbia lumber in China. Don’s work growing markets for the Company’s and Canfor Pulp’s products around the world has provided him with deep connections to markets and customers in every region they serve.

Canfor Management Efficiency

The company has return on total asset (ROA) of 0.1477 % which means that it generated a profit of $0.1477 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2336 %, meaning that it generated $0.2336 on every $100 dollars invested by stockholders. Canfor's management efficiency ratios could be used to measure how well Canfor manages its routine affairs as well as how well it operates its assets and liabilities.
Canfor has accumulated 245.5 M in total debt with debt to equity ratio (D/E) of 0.07, which may suggest the company is not taking enough advantage from borrowing. Canfor has a current ratio of 3.38, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Canfor until it has trouble settling it off, either with new capital or with free cash flow. So, Canfor's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canfor sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Canfor to invest in growth at high rates of return. When we think about Canfor's use of debt, we should always consider it together with cash and equity.

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Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. The company was founded in 1938 and is headquartered in Vancouver, Canada. Canfor Corp operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 7391 people. Canfor [CFPZF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Canfor Leadership Team

Elected by the shareholders, the Canfor's board of directors comprises two types of representatives: Canfor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canfor. The board's role is to monitor Canfor's management team and ensure that shareholders' interests are well served. Canfor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canfor's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Calabrigo, Senior Vice President - Corporate Development, Legal Affairs and Human Resources and Corporate Secretary
Kevin Pankratz, Senior Vice President of Sales and Marketing
Mns Johansson, Chief Group
Stephen Mackie, Vice President - Operations Canada
Patrick Elliott, Vice President Treasurer
David Trent, VP Digital
Michelle Ward, Sr Relations
Katy Player, VP People
Donald Kayne, CEO and Pres
Daniel Barwin, Director Fin

Canfor Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Canfor a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Canfor Pink Sheet

Canfor financial ratios help investors to determine whether Canfor Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Canfor with respect to the benefits of owning Canfor security.