The two top executives at Catalyst Paper Corp. (TSX:CTL) have resigned from the Vancouver company, clearing the way for hedge fund and major shareholder Third Avenue Management LLC to install its own people to run and possibly restructure one of Canada's biggest pulp and paper producers.
President and chief executive Russel Horner and chief financial officer Ralph Leverton will stay until March 28, when Catalyst holds its next annual meeting, or until their successors or interim replacements are announced, Catalyst's board of directors said.
The resignations come a few months after New York-based Third Avenue brought its shareholding in Catalyst to just under 38 per cent.
The company's board of directors has an executive search underway.
Catalyst produces mechanical printing papers and market kraft pulp. It also owns Western Canada's largest paper recycling centre.
Galway Resources Ltd. (TSXV:GWY) has added Paul Valenti to its management team in the capacity of vice-president of project development.
The Vancouver company says Valenti brings a diverse background in the mining industry. He replaces Bob Morrell, who will now focus on the technical side of developing company projects.
Galway is advancing three mining projects in the western U.S.
Uranium Power Corp. (TSXV:UPC) has promoted Chris Healey, P.Geo., to company president. Healey joined UPC as VP of exploration in November 2006.
UPC is an exploration company focused on developing uranium properties. Its head office is in West Vancouver.
Uracan Resources (TSXV:URC) says its chairman, Gregg Sedun, has taken on the role of chief executive officer and president. Gordon Keep has been appointed chief financial officer and secretary.
Sedun is a venture capital professional in Vancouver.
Uracan is exploring for near-surface, bulk-tonnage uranium deposits in Canada. Its corporate office is in Vancouver.
Adrian Byram has become executive VP and chief technology officer of Radiant Communications Corp. (TSXV:RCN).
Most recently, Byram was the senior VP of product management and engineering at Megapath Networks.
In conjunction with Byram's appointment, Eleanor Jang has announced her resignation after more than six years with Radiant.
Radiant supplies Internet-based data communications and services to the business market. It is based in Vancouver with offices in Toronto, Montreal, Calgary and Edmonton.
Blackstone Ventures Inc. (TSXV:BLV) has appointed David Douglas as CFO. Douglas, a CA, was most recently corporate secretary to The Northair Group.
Blackstone is a Vancouver-based mineral exploration company focused on nickel and related metals.
StrataGold Corp. (TSX:SGV) has appointed Annikki Puusaari as CFO. She will continue to act as the company's corporate secretary.
Former CFO Robert McKnight will continue in the position of VP of corporate development.
StrataGold is focused on the exploration of two advanced-stage gold projects. Its head office is in Vancouver.
Vancouver International Airport Authority has made two promotions.
Tony Gugliotta becomes senior VP of marketing and commercial development, while Glenn McCoy becomes VP of finance and CFO. The two have been with the authority since its inception in 1992.
Gugliotta, previously the authority's senior VP of finance and CFO, takes over from David Huffer, who is retiring from the authority at the end of February. McCoy was previously director of corporate finance.
The airport authority is a not-for-profit organization that operates Vancouver International Airport (YVR) in Richmond.
Andrew Greig has accepted the newly created position of manager of investor relations with WesternOne Equity Income Fund (TSXV:WEQ. UN,WEQ.DB). Greig provided consulting and liaison services for WesternOne's IPO in August 2006.
Based in Vancouver, WesternOne Equity seeks out and acquires privately owned businesses in Western Canada.
Freegold Ventures Ltd. (TSX:ITF) has appointed Jeffrey Woods as its VP of project development. Woods is a metallurgical engineer with 23 years of industry experience. Most recently, he was a senior process engineer/project manager at the Washington Group in Denver.
Based in Vancouver, Freegold is exploring advanced-stage gold projects in Idaho and Alaska.
Peru Copper Inc. (TSX:PCR, AMEX:CUP) has named Gerald Wolfe to the positions of president, CEO and company director.
Wolfe was previously the president and CEO of Compania Minera Antamina.
Peru Copper is a mining company with corporate office in Vancouver.
Eaglecrest Explorations Ltd. (TSXV:EEL) has a new president. Hans Rasmussen was previously Eaglecrest's chief operating officer. He takes over from Carl Erickson, who remains a consultant to the company but has resigned from the board of directors. Eaglecrest is a gold exploration company focused on Bolivia. Its head office is in Vancouver.
Rick Alexander has joined Adanac Molybdenum Corp. (TSXV:AUA) as VP of project development.
Alexander, a P. Eng., brings more than 25 years of experience in the development and operation of mining projects.
Adanac is focused on a proposed molybdenum mine northeast of Atlin. The company's head office is in White Rock.
Golden Patriot Mining Inc. (TSXV:GPM) has seen two departures from its executive suite.
President Kabir Ahmed and CFO J. Errol Farr have left the company to pursue other corporate projects in the mining sector. Ahmed also stepped down as a company director.
Golden Patriot is a junior mineral exploration company with an international perspective. Its corporate office is in Vancouver.
VRB Power Systems Inc. (TSXV:VRB) has named Brian Beck its VP of sales and marketing. Beck comes with more than 30 years of experience in the electrical industry, most recently as GM of Caterpillar Energy Solutions.
Headquartered in Vancouver, VRB is an energy storage technology developer.
Gemcom Software International Inc. (TSX:GCM), a global supplier of specialized mining productivity software, has hired Robert Selzler as VP of marketing. He was most recently the VP of marketing for Mediabolic, Inc.
Based in Vancouver, Gemcom has more than 20 offices worldwide.
Greg Wolfe has been promoted to executive VP of operations for Business Objects, which provides business intelligence services.
Wolfe will remain in Vancouver in the company's Yaletown office location. The company also has a Canadian office in Toronto.
Wolfe was previously the Americas general manager at Business Objects.
- with files from The Canadian Press
