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Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir... see more

TSX:IFP - Post Discussion

Interfor Corp > Fire Ian Fillinger
View:
Post by Apaulson on Apr 05, 2024 12:38pm

Fire Ian Fillinger

I said it a year ago, Ian Fillinger, CEO should be fired.

He's totally screwed the company.

They're laying off people, meanwhile he and his incompetent excutive team are giving themselves a 4% raise along with stocks options at the expense of shareholders and employees.

The short term targets for bonuses were set way too low.  How does Ian Fillinger get a bonus when they lost $268 million and he overleveraged the company at the worst possible time???
Comment by carbide on Apr 09, 2024 12:53am
Management really blew up the balance sheet.  They took a company in a strong position and put its future in jeopardy.  And why did they invest in Green First?  That company made no money in the greatest lumber bull of all time.  Corporate leadership has been questionable, to say the least.
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