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AltaGas Ltd (ALA.TO)

ALA.TO on Toronto Stock Exchange

18.05CAD
10 Aug 2020
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Summary

Name Age Since Current Position

Pentti Karkkainen

65 2019 Independent Chairman of the Board

Randall Crawford

57 2018 President, Chief Executive Officer, Director

D. James Harbilas

2019 Chief Financial Officer, Executive Vice President

Corine Bushfield

2016 Executive Vice President, Chief Administrative Officer

Fredrick Dalena

2018 Executive Vice President - Commercial Strategy and Business Development

Brad Grant

2018 Executive Vice President, Chief Legal Officer

Donald Jenkins

47 2019 Executive Vice President, President - Utilities, President - Washington Gas Light Company

Randy Toone

2019 Executive Vice President, President - Midstream

Terry McCallister

64 2018 Director

Victoria Calvert

64 2015 Independent Director

David Cornhill

66 2019 Independent Director

Allan Edgeworth

69 2010 Independent Director

Robert Hodgins

68 2010 Independent Director

Cynthia Johnston

57 2018 Independent Director

Phillip Knoll

65 2018 Independent Director

Linda Sullivan

56 2020 Independent Director

Nancy Tower

60 2020 Independent Director

Biographies

Name Description

Pentti Karkkainen

Mr. Pentti O. Karkkainen serves as Independent Chairman of the Board of the Company. Mr. Karkkainen is the Chair of the Board. Mr. Karkkainen was a co-founder and General Partner of KERN Partners from 2000 to 2014, and was the firm's Senior Strategy Advisor from 2014 until his retirement from the firm in 2015. Prior thereto, Mr. Karkkainen was the Managing Director and Head of Oil and Gas Equity Research at RBC Capital Markets. Mr. Karkkainen has significant board experience, including as board chair, as lead director and as chair of compensation and audit committees. Mr. Karkkainen holds a Bachelor of Science (Honours) in Geology from Carleton University and a Master of Business Administration from Queen's University. He is a member of the Institute of Corporate Directors.

Randall Crawford

Mr. Randall L. Crawford is President, Chief Executive Officer, Director of the Company. Mr. Crawford is the President and CEO of AltaGas and has been since December 2018. Prior to joining AltaGas, Mr. Crawford was with EQT Midstream Partners, LP from 2012 to 2017, most recently as Executive Vice President and Chief Operating Officer and with EQT Corporation as Senior Vice President and President, Midstream, Commercial and Distribution from 2007 to 2017. Mr. Crawford holds a Bachelor of Science in Accounting and Economics from West Virginia Wesleyan College and has obtained his Certified Public Accountant designation. Mr. Crawford previously served as a director for numerous energy associations, including the American Gas Association, the Energy Association of Pennsylvania, the West Virginia Oil and Natural Gas Association and the Interstate Natural Gas Association of America. He is a director of the Children’s Hospital of Pittsburgh Foundation and a member of the University of Pittsburgh Cancer Institute Council. He is a member of the Institute of Corporate Directors.

D. James Harbilas

Mr. D. James Harbilas serves as Chief Financial Officer, Executive Vice President of the Company. Mr. Harbilas joined AltaGas from Enerflex Ltd., a Calgary-based, international natural gas services company, where he served as Executive Vice President and Chief Financial Officer for over 11 years. Prior to that, he served as Vice President, Finance and Chief Financial Officer of Fortis Alberta Inc., a regulated utility. Mr. Harbilas is a Chartered Accountant and holds a Bachelor of Commerce degree from Concordia University.

Corine Bushfield

Ms. Corine R.K. Bushfield serves as Executive Vice President, Chief Administrative Officer of the Company. Senior Vice President and Chief Financial Officer of Long Run Exploration Ltd. from March 2013 to September 2016. Vice President and Assistant Controller of Encana Corporation from 2010 to March 2013.

Fredrick Dalena

Fredrick K. Dalena serves as Executive Vice President - Commercial Strategy and Business Development of the Company. Principal Midstream Business Development of EQT Corporation from 2015 to 2017. Executive Vice President Midstream Commercial Strategy from 2014 to 2015. Various executive commercial roles in EQT’s Distribution, Midstream and Energy Services companies since joining EQT in 2003.

Brad Grant

Mr. Brad B. Grant serves as Executive Vice President, Chief Legal Officer of the Company. Mr. Grant has extensive experience in the petroleum and natural gas and power sectors and was formerly managing partner of the Calgary office of a national law firm. Mr. Grant holds a Bachelor of Commerce degree from the University of Saskatchewan and a joint Bachelor of Laws and Master of Business Administration degree from the University of British Columbia.

Donald Jenkins

Mr. Donald M. Jenkins serves as Executive Vice President, President - Utilities, President - Washington Gas Light Company of the Company. President of WGL and Washington Gas from December 2019. Prior thereto, Mr. Jenkins was with EQT Corporation from 2012, most recently as Chief Commercial Officer.

Randy Toone

Mr. Randy Warren Toone serves as Executive Vice President, President - Midstream of the Company. Mr. Toone joined AltaGas as Executive Vice President, Midstream in 2016 and was appointed Executive Vice President and President, Midstream in 2018. In this role, he provides leadership for the commercial and business development teams within the Midstream division, aligning divisional objectives with AltaGas’ strategic direction and growth targets. In addition to AltaGas, Mr. Toone has worked with CSV Midstream as Chief Operating Officer and as Country Manager for TAG OIL in New Zealand. He holds a Bachelor of Science, Mechanical Engineering, from the University of Calgary and attended the Executive Program at the Ivey Business School at Western University.

Terry McCallister

Mr. Terry Dwight McCallister serves as Director of the Company. Mr. McCallister is an independent businessman. He was Chair and Chief Executive Officer of WGL and Washington Gas from 2009 until his retirement in 2018. Prior thereto, Mr. McCallister served as President and Chief Operating Officer of WGL and Washington Gas, joining Washington Gas in 2000 as Vice President of Operations. He has also held various leadership positions with Southern Natural Gas and Atlantic Richfield Company. Mr. McCallister has a Bachelor of Science in Engineering Management from the University of Missouri-Rolla and is a graduate of the University of Virginia's Darden School of Business Executive Program. He has served on the National Petroleum Council, the American Gas Association, the Southern Gas Association and on the boards of several business and community organizations, including, the Gas Technology Institute, the Greater Washington Board of Trade, the Alliance to Save Energy, the Smithsonian National Zoo, the National Symphony Orchestra and the INOVA Health System Foundation. Mr. McCallister is a member of the Institute of Corporate Directors.

Victoria Calvert

Ms. Victoria A. Calvert serves as Independent Director of the Company. Ms. Calvert is a Corporate Director and Professor Emerita of Business at Mount Royal University (MRU) in Calgary, where she taught from 1988 to 2018. She was also a Director of the Canadian Alliance of Community Service Learning from 2009 to 2017 and published and spoke extensively regarding community partnerships and engagement. Prior to this, she held corporate positions at Hudson’s Bay Oil and Gas and the Bank of Nova Scotia. Ms. Calvert holds a Bachelor of Commerce (Hons.) degree from Queen’s University and a Master of Business Administration degree from Western University. Ms. Calvert is a director of the Heritage Park Society Board and has served as a director of the Canadian Council of Small and Medium Enterprises, and the Calgary Business Information Centre. Ms. Calvert is a member of the Institute of Corporate Directors.

David Cornhill

Mr. David W. Cornhill serves as Independent Director of the Company. Mr. Cornhill retired as Chair of the Board in 2019, a position he had held since the inception of AltaGas’ predecessor in 1994. Mr. Cornhill is a founding shareholder of AltaGas (and its predecessors). He was Chief Executive Officer of AltaGas from 1994 to 2016 and served as interim co-CEO from July to December 2018. Prior to forming AltaGas, Mr. Cornhill served in various capacities with Alberta and Southern Gas Co. Ltd., including Vice President, Finance and Administration, Treasurer and President and Chief Executive Officer. Mr. Cornhill is an experienced leader in the business community and is a strong supporter of communities and community collaboration, investment and enhancement. Mr. Cornhill is a member of the Ivey Advisory Board at Western University. He holds a Bachelor of Science (Hons.) degree and a Master of Business Administration degree, both from Western, and was awarded an honorary Doctor of Laws degree by Western in 2015. Mr. Cornhill is a member of the Institute of Corporate Directors.

Allan Edgeworth

Mr. Allan L. Edgeworth serves as Independent Director of the Company.Eng., is an Independent Director of AltaGas Ltd. Mr. Edgeworth is a Professional Engineer and Corporate Director. He was the President of ALE Energy Inc. from January 2005 through December 2015. Prior to this, Mr. Edgeworth was with Alliance Pipeline Ltd., initially serving in the position of Executive Vice President and Chief Operating Officer and later serving as President and CEO. Mr. Edgeworth was a Commission member and Director of the Alberta Securities Commission. He has also served on the Boards of the Interstate National Gas Association of America and the Canadian Gas Association and is a past-Chair of the Canadian Energy Pipeline Association. Mr. Edgeworth holds a Bachelor of Applied Science from the University of British Columbia in Geological Engineering and is a graduate of the Queen’s Executive Program. Mr. Edgeworth is a member of the Institute of Corporate Directors.

Robert Hodgins

Mr. Robert B. Hodgins serves as Independent Director of the Company. Mr. Hodgins is a Chartered Professional Accountant and Chartered Accountant and has been an independent businessman since November 2004. Mr. Hodgins has been serving as Senior Advisor, Investment Banking for Canaccord Genuity Corp. from September 2018. Prior to that, he was the Chief Financial Officer of Pengrowth Energy Trust from 2002 to 2004, Vice President and Treasurer of Canadian Pacific Limited from 1998 to 2002 and Chief Financial Officer of TransCanada PipeLines Limited from 1993 to 1998. Mr. Hodgins received an Honours Bachelor of Arts in Business from the Richard Ivey School of Business at Western University and received a Chartered Accountant designation. He was admitted as a member of the Institute of Chartered Accountants of Ontario in 1977 and Alberta in 1991 and he is a member of the Institute of Corporate Directors.

Cynthia Johnston

Ms. Cynthia Johnston serves as Independent Director of the Company. Ms. Johnston is a Corporate Director. She was Executive Vice President, Gas, Renewables and Operations Services at TransAlta Corporation from 2015 until her retirement in 2017. Between 2011 and 2015, she held various positions, including Executive Vice President Enterprise Risk and Corporate Services and Executive Vice President Corporate Services. Prior thereto, Ms. Johnston held various executive leadership positions with TransAlta and FortisAlberta. Ms. Johnston holds a Bachelor of Arts in Economics from the University of Calgary and a Master’s in Applied Economics from the University of Victoria. She is a member of the Institute of Corporate Directors

Phillip Knoll

Mr. Phillip R. Knoll serves as Independent Director of the Company. Mr. Knoll is a Professional Engineer and has been the President of Knoll Energy Inc. since 2006. Mr. Knoll served as interim co-CEO of AltaGas from July to December 2018. Prior thereto, he was CEO of Corridor Resources Inc. from 2010 to 2014. Mr. Knoll was a director of AltaGas Utility Group Inc. from 2005 to 2009. His other roles included Group Vice President, Duke Energy Gas Transmission, Chair, Management Committee and President for Maritimes & Northeast Pipeline, as well as senior roles at Westcoast Energy Inc., TransCanada Pipelines Limited and Alberta Natural Gas Company Ltd. Mr. Knoll has over 35 years of varied experience in the energy sector, primarily related to energy infrastructure businesses and the natural gas value chain. Mr. Knoll holds a Bachelor of Applied Science from the Technical University of Nova Scotia in Chemical Engineering. He is a member of the Institute of Corporate Directors.

Linda Sullivan

Ms. Linda G. Sullivan serves as Independent Director of the Company. Ms. Sullivan is a Corporate Director. She most recently served as Executive Vice President and Chief Financial Officer at American Water Works Company, Inc. from 2016 until her retirement in August of 2019, and prior thereto as Senior Vice President and Chief Financial Officer from 2014. Prior to joining American Water Works, she held various roles with the Edison International companies, last serving as Senior Vice President and Chief Financial Officer at Southern California Edison Company from 2009 to 2014. Ms. Sullivan has over 25 years of utility finance and regulatory experience. She has received her Certified Public Accountant and Certified Management Accountant designations and is a Governance Fellow with the National Association of Corporate Directors. Ms. Sullivan holds a Bachelor of Science in Business Administration and Accounting from Portland State University. She is a member of the Institute of Corporate Directors.

Nancy Tower

Ms. Nancy G. Tower serves as Independent Director of the Company. Ms. Tower currently serves as President and Chief Executive Officer of Tampa Electric Company, a regulated electric utility and a subsidiary of Emera Incorporated in Tampa, Florida, a position she has held since December of 2017. Prior thereto, she was the Chief Corporate Development Officer of Emera from 2014 to 2017. Since joining Emera in 1997, Ms. Tower has held several senior positions in corporate finance and in operations at Emera and with its subsidiaries, including Controller and Vice President, Customer Operations of Nova Scotia Power Inc., Chief Financial Officer of Emera, and Chief Executive Officer of Emera Newfoundland and Labrador. Ms. Tower holds a Bachelor of Commerce from Dalhousie University and is a Fellow Chartered Accountant. She serves on the Board of Trustees of the University of Tampa. She is a member of the Institute of Corporate Directors.

Basic Compensation