-- ADF Group's (DRX.TO) Chief Financial Officer Jean-Francois Boursier will retire on Dec. 31, 2026, after more than 16 years of service with the company, it said on Thursday.
Boursier will remain in his position until that date and then, starting from Jan. 1, 2027, will serve as a strategic advisor, He will stay in that role until a date to be confirmed, to ensure a smooth leadership transition, the company added.
A recruitment process will begin in the coming days, and Boursier will "actively participate" in that, the company further added.
"Jean-Francois ensured the strength of the Corporation's financial position and the disciplined allocation of capital by overseeing sustained investments across the business, including the construction of the plant in Great Falls, Montana, the automation of our plant in Terrebonne, Quebec, and, more recently, the acquisition of Groupe LAR in Metabetchouan, Quebec, last September," said Jean Paschini, Chairman of the Board and Chief Executive Officer.