Don Kayne

Board member

Personal Information

Age 61   |   Independent

Delta, British Columbia, Canada

Director since:  2016

Citizenship: Canadian

Don brings many years of experience as a business executive in Canada’s resource industry to Cameco’s board as well as valuable insights into emerging Asian markets where Cameco does business. He serves on three of our committees, including as chair of the human resources and compensation committee.

Key Skills and Experience

  • Enterprise leadership
  • Human resources and executive compensation
  • International business
  • Investments / mergers and acquisitions
  • Safety, health and environment / corporate responsibility


As of April 5, 2019

Don Kayne is the president and CEO of Canfor Corporation and the CEO of Canfor Pulp Products Incorporated. He serves as a director of both Canfor companies.

Don has extensive experience in international marketing. He has spent his entire career at Canfor, starting out as a regional sales representative in 1979. Prior to being appointed CEO, Don spent 10 years as Canfor’s vice-president of sales and marketing, and is one of the lead architects of the market for British Columbia lumber in China. Don’s work growing markets for Canfor products around the world has provided him with deep connections to markets and customers in every region Canfor serves.

Don is a director of the Bi-National Softwood Lumber Council, Forest Products Association of Canada, Council of Forest Industries, Alberta Forest Products Association and the BC Lumber Trade Council. Don is vice chair of the Bi-National Softwood Lumber Council and serves as chair of its programs committee. He is an audit committee member and the former board chair of the Forest Products Association of Canada. He is also chair of the charitable organization Educating Girls of Rural China Foundation, which works to transform the lives of women and communities in rural areas of western China by providing access to education. Don brings experience in human resources and executive compensation through his senior executive roles at Canfor.

Board and Committee Membership and Attendance

As of December 31, 2018

    2018 Attendance
2018 Voting Results Board and Committee Membership Regular Special Overall
93.7% votes for Board of directors 8 of 8 3 of 3 100%
6.3% votes withheld Human resources and compensation 5 of 5 1 of 1 100%
  Reserves oversight 2 of 2 1 of 1 100%
  Safety, health and environment 3 of 3 1 of 1 100%

Other Public Company Boards in the Past Five Years

Canfor Corporation*(TSX)   2017 to present
Canfor Pulp Products Incorporated* (TSX)   2017 to present

* Canfor Corporation holds a controlling interest in Canfor Pulp Products Incorporated. The entities share an executive team and committee assignments, and board meetings are held concurrently.

Securities Held

As of December 31, 2018

Year Cameco Shares DSUs Total Shares
 and DSUs
Total Value of
Shares and DSUs
Multiple of 2018
Annual Retainer
Share Ownership
Guidance Compliant1


50,160 50,160 $ 776,477 3.9x Yes
2017 –– 32,935 32,935 $ 382,378    
Change –– 17,225 17,225 $ 394,099    

1.  For evaluating compliance with Cameco’s share ownership guidelines, Don’s shares and DSUs held at December 31, 2018 are valued at $780,581 and represent 3.9x the board member retainer of $200,000.