(News from RISI) – Chilean CMPC has hired Ignacio Goldsack to be the company’s new CFO, effective February 2016 and replacing Luis Llanos.
According to CMPC, Goldsack studied business and administration at the Universidad de Los Andes, in Chile, and holds an MBA from the Massachusetts Institute of Technology (MIT).
Goldsack has extensive experience in the banking and financial sector, having served as senior executive at Deutsche Bank Chile prior joining CMPC.
Llanos headed CMPC’s financial department for the past 11 years and since September 2015 is CMPC Paper’s chief executive.
The engineer graduated from Universidad de Chile and also has a MIT MBA diploma. Llanos began working at CMPC in 1986 and has occupied several positions inside the organisation, including business development, planning and strategy.
The company is also expected to announce a new general secretary soon, as Gonzalo García intends to leave the position he has been occupying since 1990. García is also Chairman of Fundación CMPC.
In the past few months, CMPC has been restructuring its business units, as in December 2015 it decided to unify its forestry and pulp business.
It carried out the changes aiming to improve operational efficiency and increase the potential of both areas with an integrated analysis of forestry and industrial resources, therefore reaching a higher alignment level within its strategic goals.
With the new organisational arrangement, CMPC now has its operations divided into three business areas: Pulp/Forestry, Papers and Tissue.