08:37 AM EDT, 07/17/2024 (MT Newswires) -- GreenFirst Forest Products ( ICLTF ) , a business focused on sustainable forest management and lumber production, on Wednesday announced the appointment of Peter Ferrante as chief financial officer.

Ferrante will assume the role on August 14 following the release of second-quarter earnings.

He succeeds Ankit Kapoor who plans to pursue other opportunities, the company said. Ferrante is currently the CFO of a Canadian national chain of retail stores.

GreenFirst owns four sawmills in Ontario.