Giovanni B. Iadeluca CPA, CA — President of Dissolving Pulp Segment at Fortress Paper Ltd.

Mr. Giovanni B. Iadeluca, CPA, CA has been the President of Dissolving Pulp Segment at Fortress Paper Ltd. since October 3, 2016. Mr. Iadeluca has 20 years of senior management experience in the manufacturing industry. Mr. Iadeluca served as the Chief Executive Officer at AV Terrace Bay Inc. Mr. Iadeluca was responsible for the restart and turnaround of Terrace Bay pulp and paper mill. Mr. Iadeluca served as Director of Finance & Administration/Chief Executive Officer at Selenis Canada Inc., converting the facilities to produce polyethylene terephthalate. He served as Director of Finance & Administration/Chief Executive Officer at PTT PolyCanada LP, where he initiated the launch of polytrimethylene terephthalate. Mr. Iadeluca oversaw PTT PolyCanada's finance, accounting, customer service, IT, HR, procurement and logistics operations. He joined PTT PolyCanada in May 2005 and served as a Consultant to the plant. Previous to PTT PolyCanada, he served in consumer goods companies. He is a Chartered Professional Accountant with membership in the Order of Chartered Accountants of Quebec. Mr. Iadeluca studied at Concordia University in Montreal and holds a Bachelor's degree in Commerce and Information Technology. He also holds a master's degree in Accountancy.