GreenFirst Forest Products Inc. announced that it has successfully completed the previously announced decentralization of its lumber mill and paper mill operations. In connection with the decentralization, Terry Skiffington has been engaged as Chief Executive Officer of the paper mill division. Mr. Skiffington is a skilled executive with a broad range of experience in the pulp and paper sector in Canada and globally.

The strategic decision to decentralize the businesses and management is expected to improve the ability to focus on the unique aspects of each business, provide for more efficient decision-making processes and to allow for increased entrepreneurialism and cost-control measures.