Eliodoro Matte, president of Chilean pulp company Empresas CMPC, will leave the company next month. Matte, who has held the post since 2002, will be replaced by Luis Felipe Gazitúa. 

Gazitúa has worked in several sectors, including power and energy, telecommunications, the fishing industry, agriculture, and forestry. He has also been a board member in several important Chilean companies, such as Colbún, Entel, Almendral, Bice Vida, Corpesca, Tattersall, CDF, and Cruzados.

The company this past week stated that "Eliodoro Matte Larrain has formally communicated to the company his decision not to apply for the post of director of Empresas CMPC in the election that will take place at the shareholder meeting in April." 

CMPC has forestry and wood pulp operations in Chile, Argentina, Brazil, Colombia, Mexico, Peru, and Uruguay.