Yves Laflamme - Resolute Forest Insider

RFP -- Canada Stock  

CAD 17.71  0.10  0.56%

Mr. Yves Laflamme is President, Chief Executive Officer, Director of the Company. Mr. Laflamme joined the Companys predecessors in October 1981 and was serving as the Senior VicePresident, Wood Products, Global Procurement and Information Technology for 7 years. Mr. Laflamme is a 37year veteran of the industry, as well as Resolute and its predecessor companies. Mr. Laflamme began his career in Finance working at Donohue Incs SaintFelicien integrated pulp mill and wood products operations in 1981, and moved on to serve as Controller for the companys integrated newsprint and wood products facilities in the Abitibi region of Quebec. Over the past 15 years, he held a series of successive roles as Vice President and Senior Vice President, covering the overall wood products business, including both Operations and Sales, as well as the Companys former Recycling business. Over the past several years, Mr. Laflamme expanded his scope to also include a wide range of corporate support functions, including IT and Global Procurement, among others. In addition, he led a number of important mandates for the Company, including MA activity and enterprise resource planning, and has represented Resolute in major negotiations with governments
Age: 60  SVP Since 2018  CPA    
514-875-2160  http://www.resolutefp.com
Laflamme currently serves as Chairman of ResoluteLP Engineered Wood joint ventures, a Board Member of Serres Toundra, an Executive Team Member of the Quebec Forest Industry Council, and is a past Chairman of the Canadian Wood Council. He is a CPA, after pursuing his university education in administration and finance.

Management Efficiency

The company has return on total asset (ROA) of 3.06 % which means that it generated profit of $3.06 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of (1.34) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 779 M in total debt with debt to equity ratio (D/E) of 48.2 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Resolute Forest Products has Current Ratio of 2.38 suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due.

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SVP Since

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Entity Summary

Resolute Forest Products Inc. operates in the forest products industry in the United States, Canada, Mexico, and internationally. Resolute Forest Products Inc. is headquartered in Montral, Canada. Resolute Forest operates under Paper Paper Products classification in Canada and traded on Toronto Stock Exchange. It employs 7700 people.Resolute Forest Products (RFP) is traded on Toronto Stock Exchange in Canada. It is located in 111 Robert-Bourassa Boulevard and employs 7,700 people.

Resolute Forest Prod Leadership Team

AlainPierre Rheaume, Lead Independent Director
Bradley Martin, Independent Chairman of the Board
Michel Desbiens, Independent Director
Remi Lalonde, Vice President - Investor Relations
John LaFave, Sr. VP of Pulp and Paper Sales and Marketing
David Wilkins, Independent Director
Jennifer Dolan, Independent Director
JoAnn Longworth, CFO, Senior Vice President
Alain Rheaume, Lead Independent Director
Michael Rousseau, Independent Director
Yves Laflamme, Sr. VP of Wood Products, Procurement and Information Technology
Jeffrey Hearn, Independent Director
Richard Garneau, CEO and President and Director
Silvana Travaglini, Chief Accounting Officer, Vice President
Steve Boniferro, Senior Vice President - Human Resources
Hugues Dorban, Chief Accounting Officer, Vice President
Pierre Laberge, Senior Vice President - Human Resources
Richard Falconer, Independent Director
Alain Bourdages, Vice President - Investor Relations
Andre Piche, Senior Vice President - Pulp and Paper Operations
Richard Tremblay, Sr. VP of Pulp and Paper Operations
Jacques Vachon, Chief Legal Officer, Sr. VP of Corporate Affairs and Corporate Secretary

Stock Performance Indicators

Current Sentiment - RFP

Resolute Forest Prod Investor Sentiment

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