| MONTREAL, QUEBEC, SEPTEMBER 24, 2001 (CCN Newswire via COMTEX) -- Lantic
Sugar Limited announced today that Mr. Pierre G. Cote is joining the
company, effective October 1, 2001, as its President and Chief Executive
Officer. In accordance with Lantic's management agreement with Rogers
Sugar Ltd., Mr. Cote will also be President and Chief Executive Officer of
Rogers Sugar Ltd. Prior to this appointment, Mr. Cote was Senior Vice
President of Abitibi Consolidated. During his 19-year career, Mr. Cote has
advanced rapidly through a variety of operating and executive positions at
Abitibi Consolidated, Donohue and Stone Consolidated.
"Pierre's strong operating focus and processing industry
background will ensure that Lantic and Rogers Sugar remain amongst the
most efficient sugar producers in North America" said, Seth M. Mersky,
Vice President of Onex Corporation and a Lantic Director. Lantic is a
majority owned subsidiary of Onex Corporation.
Mr. Cote is a 1982 graduate of Laval University with a degree in
mechanical engineering. He resides in Longueuil, Quebec with his wife and
two children.
Lantic Sugar operates a cane sugar refinery in Montreal, Quebec and
markets its products primarily in eastern Canada. Rogers Sugar operates a
cane sugar refinery in Vancouver, British Columbia and a beet sugar
operation in Taber, Alberta. Rogers Sugar is a market leader of sugar
products in western Canada.
Onex Corporation is one of Canada's largest companies with global
operations in services, manufacturing and technology industries. |