Don Kayne

Board member
Age 64 | Independent
Delta, British Columbia, Canada
Director since: 2016
Citizenship: Canadian
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Key Skills and Experience
- Enterprise leadership
- Human resources and executive
compensation - International business
- Investments / mergers and acquisitions
- Safety, health and environment /
sustainability
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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.
Biography
As of March 11, 2022
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 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 a patron of the BCIT INSPIRE Campaign and is 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, 2021
2021 Attendance | ||||
---|---|---|---|---|
2021 Voting Results | Board and Committee Membership | Regular | Special | Overall |
90.2% votes for | Board of directors | 7 of 7 | 1 of 1 | 100% |
Human resources and compensation (chair) | 5 of 5 | 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, 2021
Year | Cameco Shares | DSUs | Total Shares and DSUs |
Market Value of Shares and DSUs1 |
Multiple of 2021 Annual Retainer (at market value) |
Share Ownership Guideline Compliant2 |
---|---|---|---|---|---|---|
2021 | –– | 95,678 | 95,678 | $ 2,638,799 | 13.2x | Yes |
2020 | –– | 86,352 | 86,352 | $ 1,472,302 | ||
Change | –– | 9,326 | 9,326 | $ 1,166,497 |
1 Based on total holdings multiplied by the closing price of Cameco common shares on the TSX on December 31: $17.05 (2020) and $27.58 (2021).
2 For evaluating compliance with Cameco’s share ownership guidelines, Don’s DSUs held at December 31, 2021 are valued at $2,641,635 and represent 13.2x the board member retainer of $200,000.