Don Kayne

Board member

Personal Information

Age 60   |   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 the Cameco board as well as valuable insights into emerging Asian markets where Cameco does business.


  • CEO experience
  • International
  • Executive compensation
  • Safety, health and environment
  • Mergers and acquisitions


As of April 6, 2018

Don Kayne has been the president and CEO of Canfor Corporation since May 2011. He has also been the CEO of Canfor Pulp Products Incorporated since September 2012. He has been a director of both Canfor companies since August 2017.

Don 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.

Board and Committee Membership and Attendance

As of December 31, 2017

    2017 Attendance
2017 Voting Results Board and Committee Membership Regular Special Overall
88.0% for Board of directors 8 of 8 1 of 1 100%
12.0% withheld Human resources and compensation 5 of 5   100%
  Reserves oversight 2 of 2 2 of 2 100%
  Safety, health and environment 4 of 4   100%

Other Public Company Boards in the Past Five Years
and Current Committee Memberships

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

* Canfor Corporation and Canfor Pulp Products Incorporated are affiliated companies within the Canfor group. Don is the CEO of both companies.

Securities Held

As of December 31, 2017

Year Cameco Shares DSUs Total Shares
 and DSUs
Total Value of
Shares and DSUs
Multiple of 2017
Annual Retainer
Ownership Guidance Compliance1
2017 –– 32,935 32,935 $ 382,378 1.9x 2.2x
2016 –– 14,911 14,911 $ 209,346    
Change –– 18,024 18,024 $ 173,032    

1.  For share ownership compliance, Don's shares and DSUs held at December 31, 2017 are valued at $431,899.