CALGARY, AB–(Marketwired – October 04, 2016) – With sorrow and condolences for his family, Canexus today announced its Board Chair, Hugh Fergusson, passed away in his sleep last night. Mr. Fergusson was 68 years old.
“Hugh was an enormously decent man and a talented executive who provided strong leadership to Canexus over the past 11 years, including the last three years as Board Chair,” said Doug Wonnacott, President and CEO of Canexus. “He will be sorely missed. We offer our deepest condolences to his family and friends.”
About Canexus
Canexus produces sodium chlorate and chlor-alkali products largely for the pulp and paper and water treatment industries. Our four plants in Canada and two at one site in Brazil are reliable, low-cost, strategically located facilities that capitalize on competitive electricity costs and transportation infrastructure to minimize production and delivery costs. Canexus targets opportunities to maximize shareholder returns and delivers high-quality products to its customers and is committed to Responsible Care® through safe operating practices. Canexus’ common shares (CUS) and debentures Series IV – CUS.DB.B; Series V – CUS.DB.C; Series VI – CUS.DB.D) trade on the Toronto Stock Exchange. More information about Canexus is available at www.canexus.ca.
Further information:
Dean R. Beacon
Senior Vice President, Finance and CFO
(403) 571-7300
Sarah Scott
Investor Relations
(403) 571-7397