Interfor Announces Appointment of Chief Financial Officer; Chief Operating Officer
MWN-AI** Summary
Interfor Corporation has announced significant leadership changes, effective December 8, 2025, aimed at enhancing its strategic capabilities. Mike Mackay has been appointed Executive Vice President and Chief Financial Officer, succeeding Rick Pozzebon, who is leaving the company to pursue other opportunities. Mackay joined Interfor in 2015 and has a wealth of experience in the finance organization; prior to his new role, he served as Vice President of Corporate Development & Treasury.
In addition to Mackay's appointment, Andrew Horahan has been named Executive Vice President and Chief Operating Officer. Horahan has been with Interfor since 2008 and has held various leadership positions, most recently as Executive Vice President of Canadian Operations. In his new position, he will oversee all operations across Canada and the United States, signifying an expansion of his responsibilities.
President and CEO Ian Fillinger commented on the appointments, emphasizing that the combined experience and knowledge of both Mackay and Horahan will be crucial for the company as it adapts to changing market conditions and continues to execute its strategic objectives. He also expressed gratitude to Rick Pozzebon for his significant contributions to Interfor over the past 12 years, particularly through several key strategic transactions.
Interfor is a growth-oriented forest products company operating in North America with an annual lumber production capacity of approximately 4.7 billion board feet. It provides a diverse range of lumber products to clients worldwide. The leadership changes signal a renewed focus on operational excellence and financial oversight as Interfor looks to bolster its position within the industry. For further information about Interfor, interested parties can visit the company’s website.
MWN-AI** Analysis
Interfor Corporation (TSX: IFP) has announced significant leadership changes with the appointments of Mike Mackay as Chief Financial Officer and Andrew Horahan as Chief Operating Officer. These strategic appointments are aimed at reinforcing the company’s operational and financial direction in a complex and evolving market landscape.
Mike Mackay, who has been with Interfor since 2015, brings a wealth of experience and knowledge of the company’s financial operations. His previous role in corporate development and treasury positions him well to navigate potential financial challenges as the company seeks to capitalize on growth opportunities. His promotion comes at a time when the forest product industry faces fluctuating demand due to varying market conditions, making sound financial leadership pivotal in optimizing operations and managing costs effectively.
Similarly, Andrew Horahan's deep operational experience within Interfor is likely to enhance production efficiencies across North America. Given his new responsibility for overseeing operations in both the U.S. and Canada, Horahan’s strategic insights will be essential as the company seeks to leverage its production capacity effectively.
With annual lumber production approaching 4.7 billion board feet, the leadership transition comes during a critical period for Interfor as it particularly navigates supply chain dynamics and market pressures influenced by broader economic conditions. Investors should watch for indications of how these leadership changes will impact the company’s strategic initiatives and financial performance in the upcoming quarters.
Long-term investors may find this a positive development due to the continuity of experienced leadership within the company. However, it’s important to monitor how well these appointments translate into action, particularly in managing costs and pursuing growth amid a challenging market landscape. Analysts recommend maintaining a cautious but optimistic view on Interfor's stock, while watching for performance metrics that affirm the effectiveness of these leadership changes.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
BURNABY, British Columbia, Dec. 08, 2025 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it has made several leadership changes. Mike Mackay has been appointed Executive Vice President & Chief Financial Officer, effective December 8, 2025. Mr. Mackay, who joined Interfor in 2015, has held several leadership roles in the Company’s finance organization, most recently serving as Vice President, Corporate Development & Treasury. Mr. Mackay will succeed Rick Pozzebon, who will be leaving Interfor to pursue other opportunities.
Andrew Horahan has been appointed Executive Vice President, Chief Operating Officer, also effective December 8, 2025. Mr. Horahan joined Interfor in 2008 and has since then, held several operations leadership positions in the Company, most recently serving as Executive Vice President, Canadian Operations. In his expanded new role, Mr. Horahan will assume responsibility for leading all of the Company’s operations across both the U.S. and Canada.
“The appointments of Mike Mackay and Andrew Horahan to their new roles marks a new chapter for Interfor,” said Ian Fillinger, President & Chief Executive Officer. "Their combined experience, deep knowledge of our business, and proven leadership will be critical as we continue to execute on our strategy and adapt to evolving market conditions. I would like to thank Rick Pozzebon for his leadership through several important strategic transactions and for his many contributions over the last 12 years. We wish him continued success in the future.”
ABOUT INTERFOR
Interfor is a growth-oriented forest products company with operations in Canada and the United States. The Company has annual lumber production capacity of approximately 4.7 billion board feet and offers a diverse line of lumber products to customers around the world. For more information about Interfor, visit our website at www.interfor.com.
Investor Contacts:
Mike Mackay, Executive Vice President & Chief Financial Officer
(604) 689-6846
Media Contact:
Svetlana Kayumova, Vice President, Communications & Government Relations
(604) 422-7329
svetlana.kayumova@interfor.com
FAQ**
How will the leadership changes at Interfor Corporation IFP:CC impact the company's financial strategy and overall corporate development moving forward?
Given the new appointments of Mike Mackay and Andrew Horahan at Interfor Corporation IFP:CC, what specific operational strategies will be prioritized to adapt to evolving market conditions?
What are the anticipated challenges and opportunities for Interfor Corporation IFP:CC as it aims to expand its operations across both the U.S. and Canada under the new leadership?
In light of Rick Pozzebon's departure, how does Interfor Corporation IFP:CC plan to maintain continuity in strategic initiatives and ensure stability during this transition?
**MWN-AI FAQ is based on asking OpenAI questions about Interfor Corporation (TSXC: IFP:CC).
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