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.
J.W. Bud Bird
Mr. Bird is Chairman and Chief Executive Officer of Bird Holdings Ltd. and Bird Lands Limited, both private business investment and real estate development companies. He was the founder and former owner of the Bird-Stairs distribution company, which operates in the construction products sector throughout Atlantic Canada. He is a Director of Enbridge Gas New Brunswick, Chairman Emeritus of Miramichi Salmon Association and Director of Atlantic Salmon Federation. Mr. Bird has been a previous Director of the former Noranda Inc., Nexfor Inc. (which subsequently changed its name to Norbord Inc.) and of ADI Limited. He has been a former elected representative at all three levels of government, Mayor of Fredericton, Minister of Natural Resources for the Province of New Brunswick and a Member of Parliament. Mr. Bird 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. He is a resident of Fredericton, New Brunswick.
Mr. Bird is a Director, a member of Audit Committee and Compensation, Nominating, and Corporate Governance Committee.
Mark Bishop is a Chief Operating Officer in Brookfield’s Infrastructure Group, responsible for the management and strategy of Brookfield’s timberlands portfolio. With over 25 years of forest industry experience, he also is the timberlands business development lead, focused on North and South America, and Australasia. Prior to joining Brookfield in 2008, Mr. Bishop was a paper and forest products research analyst and prior to that held various forest industry operating and financial positions. Mr. Bishop holds an MBA from the Ivey School of Business at Western University and a Bachelor of Science in Forestry from the University of British Columbia. He received his British Columbia Registered Professional Forester designation in 1990.
Mr. Bishop is a Director.
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.
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.
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.
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.
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.