About Governance Directors

At Acadian Timber Corp., we continually strive to ensure that we have sound corporate governance practices to maintain investor confidence in the way in which we do business.

To ensure we communicate our practices and our commitment to strong corporate governance, we are proud to provide you with information on our Committees, our Practices, our Board of Directors and other related information.


The current Board of Directors comprises seven members.  The names and biographies of each of the Trustees are set forth below.

Phil Brown
Mr. Brown is the Executive Managing Director of Momentum Search Group, a legal recruiting firm. He was previously a partner at Torys LLP, a full service law firm. He was also a Director of Essar Steel Algoma from June 5, 2013 to October 29, 2013. Mr. Brown is a resident of New York, New York, United States.

Mr. Brown is a member of the Compensation, Nominating, and Corporate Governance Committee and Audit Committee. Mr. Brown has been a Director since April 29, 2015.

Reid Carter
Mr. Carter is the Managing Partner, Brookfield Timberlands Management. Since he joined Brookfield in 2003, Brookfield’s timberlands portfolio has grown from a modest operation of 310,000 acres under management to one of the largest timberland estates globally, with approximately 3 million acres under management in the United States, Canada and Brazil. Mr. Carter has a detailed understanding of the management, assets and relative global competitive positioning of North American paper and forest products companies. Mr. Carter is a registered professional forester in British Columbia and has over 30 years of experience in the forest industry, including senior roles in TimberWest Forest Corp. and Fletcher Challenge Canada. He is a director of SelectSeed Ltd. and Semios. He is a resident of West Vancouver, British Columbia, Canada.

Mr. Carter is a Director.

David Mann
Mr. Mann is legal counsel at Cox & Palmer, a full service Atlantic provinces law firm, and has over 30 years of experience in the practice of corporate and commercial law, with particular emphasis on corporate finance and public utility regulation. Mr. Mann has held the position of Vice Chairman of Emera Inc., a diversified energy and services company listed on the Toronto Stock Exchange (the “TSX”), from November, 2004 to April, 2005, prior to which he was the company’s President and C.E.O. since January 1999. Mr. Mann was President and C.E.O. of Nova Scotia Power Inc., another TSX listed company, from 1996 to 2004. Mr. Mann is the Chairman of the audit committee for NewGrowth Corp and Allbanc Split Corp, he is also the chairman of Logistec Corporation, three TSX listed companies, and the Chairman of Shear Wind Inc., which is listed on the TSX Venture Exchange. Mr. Mann holds a Bachelor of Commerce and a Bachelor of Laws from Dalhousie University and a Master of Laws from the University of London, England. Mr. Mann is “financially literate” for the purposes of National Instrument 52-110 – Audit Committees and the board of Directors has determined that he is “independent” for the purposes of National Instrument 58-101 – Disclosure of Corporate Governance Practices. Mr. Mann is a resident of Chester, Nova Scotia.

Mr. Mann is the Lead Director, Chair of the Audit Committee and Member of Compensation, Nominating, and Corporate Governance Committee.

Saul Shulman
Mr. Shulman is the Chief Executive Officer of MLG Management Inc., a management consulting firm. Mr. Shulman also serves as a trustee and member of the audit committee of Partners Real Estate Investment Trust. He previously served as trustee, member of the audit committee and Chairman of Summit Industrial Income REIT and was also a director of Tricon Capital GP Ltd. Mr. Shulman holds a Bachelor of Commerce, with a major in accounting, from the University of Windsor and a law degree from Osgoode Hall Law School. Mr. Shulman is “financially literate” for the purposes of National Instrument 52-110 – Audit Committees and the Board has determined that he is “independent” for the purposes of National Instrument 58-101 – Disclosure of Corporate Governance Practices. Mr. Shulman is a resident of Toronto, Ontario, Canada.

Mr. Shulman is the Chair of Compensation, Nominating, and Corporate Governance Committee and Member of Audit Committee. Mr. Shulman has been a Director since July 31, 2012.

Benjamin Vaughan
Mr. Vaughan is Senior Managing Partner, Brookfield Asset Management and Chief Investment Officer for Brookfield in South America. He joined Brookfield in 2001 as part of the corporate development team and in that capacity he focused on restructurings, financing, acquisitions and divestitures. From 2010 to 2012, Mr. Vaughan was the Chief Operating Officer of Brookfield Renewable Energy Power. From 2012 to 2013, he was the Chief Investment Officer of Brookfield Brazil. In 2014 and 2015 he was the Chief Operating Officer of Brookfield Infrastructure Group. He holds a Chartered Accountant designation and is a graduate of Queens University.

Mr. Vaughan is the Chair of the Board of Directors since April 29, 2015.

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