why we can’t wait… · 4/5/2016 · microsoft powerpoint - pwc presentation final may 1 2016 -...
TRANSCRIPT
Why we can’t wait…
Joe NemethPresident & Chief Executive OfficerMay 4, 2016
The Transformation Imperative
Why we can’t wait…
The imperative of change
Key drivers of change:
A “perfect” storm of market challenges
Declining fibre availability, escalating energy costs and taxes
Inability to attract capital investment
Demographics – workforce turnover in a “sunset” industry
Why we can’t wait…
Vision
From To
Commodity Producer of traditional pulp & paper
products in decline
Value-added Producer of Specialty pulp &
products + Bio-products in demand
Why we can’t wait…
The path forward
Address Cost Competitiveness
Product diversification and growth
Re-define customer relationships
Attract and retain future talent
