Michael D. Garcia Appointed to the Board of Directors of the Federal Reserve Bank of Richmond, Charlotte Branch
January 06 2017 - 2:00PM
Business Wire
Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced that
Michael D. Garcia, Domtar’s pulp and paper division president, was
appointed to the board of directors of the Federal Reserve Bank of
Richmond, Charlotte Branch, for a two-year term, effective January
1, 2017. The Federal Reserve Bank of Richmond is part of the
nation’s central bank that sets monetary policy, supervises and
regulates member financial institutions and provides an array of
financial services.
“I’m honored to serve the Federal Reserve Bank to help
strengthen and stabilize the economy and help support local
communities,” said Garcia.
Garcia will be serving in the Fifth Federal Reserve Richmond
District, which includes the District of Columbia, Maryland, North
Carolina, South Carolina, Virginia and most of West Virginia. The
Fifth District’s leaders contribute to the formulation of national
monetary policy, gather and analyze regional economic data, and
supervise and regulate financial institutions headquartered in its
area.
About DomtarDomtar is a leading provider of a wide
variety of fiber-based products including communication, specialty
and packaging papers, market pulp and absorbent hygiene products.
With approximately 10,000 employees serving more than 50 countries
around the world, Domtar is driven by a commitment to turn
sustainable wood fiber into useful products that people rely on
every day. Domtar’s annual sales are approximately $5.3 billion and
its common stock is traded on the New York and Toronto Stock
Exchanges. Domtar’s principal executive office is in
Fort Mill, South Carolina. To learn more, visit
www.domtar.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170106005640/en/
Domtar CorporationMEDIA RELATIONSDavid Struhs,
803-802-8031Vice-PresidentCorporate Communications and
SustainabilityorFOR MORE INFORMATIONJan Martin,
803-802-8027Director of Communications, Pulp and Paper Division
Domtar (NYSE:UFS)
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