Abitbibowater Names New Executive Team

January 20, 2011

Article by: Resolute Forest Products

Today AbitibiBowater announced the selection of a new Executive Team reporting directly to Richard Garneau President and Chief Executive Officer. This leadership transition includes a number of senior management changes supporting the Company’s execution of its business strategy.

“The Executive Team we have put in place represents an excellent blend of proven experience and fresh thinking. I look forward to working with the team to further improve AbitibiBowater’s operational efficiencies and financial flexibility while offering a broad mix of quality products to our customers globally ” stated Richard Garneau. “We believe that with the support of all Company employees we can deliver on our commitment to further reduce costs and enhance our competitiveness. Working as one team we can respond to the reality of ongoing market challenges and ensure sustained profitability moving forward.”

See the attached PDF for more information.