Don Kayne

An image of Don Kayne

Board member

Age 66   |   Independent
Delta, British Columbia, Canada
Director since:  2016
Citizenship: Canadian

Key Skills and Experience

  • Executive leadership and strategy
  • Operational excellence and safety
  • People, compensation, talent and culture
  • Business growth and transformation
  • International business and cultural perspectives

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 two of our committees, including as chair of the human resources and compensation committee.


As of March 11, 2024

Don Kayne is the president and CEO of Canfor Corporation and the former CEO of Canfor Pulp Products Incorporated (2012 to 2022). 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 in 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 private company, VIDA Corporation, a Swedish wood products company of which Canfor owns 70%. He serves the forestry industry in many capacities, including numerous current and past leadership positions with provincial, national and international forestry-related associations and organizations. He is an International Fellow of the Royal Swedish Academy of Engineering Sciences and a patron of the BCIT INSPIRE Campaign. He serves as co-chair and director 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, 2023

  2023 Attendance
2023 Voting ResultsBoard and Committee MembershipNumber of MeetingsOverall
53,903,815 votes (94.40%) for
3,200,198 votes (5.60%) against
Board of directors8 of 8100%
Human resources and compensation4 of 4100%
Safety, health, and environment (chair)4 of 4100%

Other Public Company Boards in the Past Five Years

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

* Canfor Corporation and Canfor Pulp Products Incorporated are separate entities. Canfor Corporation indirectly holds a majority controlling interest in Canfor Pulp Products Incorporated. The entities have an integrated management team, with overlapping management teams and directors. Board meetings of Canfor Corporation and Canfor Pulp Products Incorporated are held concurrently.

Securities Held

As of December 31, 2023

YearCameco SharesDSUsTotal Shares
 and DSUs
Market Value of
Shares and DSUs1
Multiple of 2023
Annual Retainer
(at market value)
Compliance with
Share Ownership
2023––108,650108,650$ 6,207,19531.0xYes
2022––103,292103,292$ 3,170,019
Change––5,3595,359$ 3,037,176

1. Based on total holdings calculated using $57.13 for 2023 and $30.69 for 2022, the closing prices of Cameco shares on the last trading day of the year on the TSX.
2. For evaluating compliance with Cameco’s share ownership guidelines, Don’s DSUs held at December 31, 2023 are valued at $6,211,694 and represent 31.1x the board member retainer of $200,000.