Yves Laflamme - Resolute Forest Insider

Resolute Forest Products Inc -- Canada Stock  

CAD 10.07  0.21  2.04%

Sr. VP of Wood Products, Procurement and Information Technology

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    
514-875-2515  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 2.0 % which means that it generated profit of $2.0 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (7.69) % meaning that it generated substantial loss on money invested by shareholders.
The company has accumulated 832 M in total debt with debt to equity ratio (D/E) of 51.0 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Resolute Forest Products Inc has Current Ratio of 2.39 suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due.

Entity Summary

Resolute Forest Products Inc. operates in the forest solutions industry in the United States, Canada, and South Korea. Resolute Forest Products Inc (RFP) is traded on Toronto Stock Exchange in Canada. It is located in Montr?al, QC HC M and employs 8,000 people.

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Top Management

Resolute Forest Prod Leadership Team
AlainPierre Rheaume, Director
Bradley Martin, Chairman
Michel Desbiens, Director
Remi Lalonde, President
John LaFave, SVP
David Wilkins, Director, MBA
Jennifer Dolan, Director
JoAnn Longworth, President
Alain Rheaume, Director
Michael Rousseau, Director
Yves Laflamme, SVP, CPA
Jeffrey Hearn, Director
Richard Garneau, CEO
Silvana Travaglini, President
Steve Boniferro, President
Hugues Dorban, President, MBA
Pierre Laberge, President
Richard Falconer, Director
Alain Bourdages, President
Andre Piche, President
Richard Tremblay, SVP
Jacques Vachon, SVP

Stock Performance

Resolute Forest Performance Indicators