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Capital Power Corp (CPX.TO)

CPX.TO on Toronto Stock Exchange

30.82CAD
1:30am IST
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$0.27 (+0.88%)
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Volume
238,195
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$32.44
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Summary

Name Age Since Current Position

Donald Lowry

67 Independent Chairman of the Board

Brian Vaasjo

64 2009 President, Chief Executive Officer, Director

Bryan DeNeve

2015 Chief Financial Officer, Senior Vice President - Finance

B. Kathryn Chisholm

56 2018 Senior Vice President and Chief Legal and Sustainability Officer

Darcy Trufyn

2012 Senior Vice President - Operations, Engineering and Construction

Mark Zimmerman

2015 Senior Vice President - Corporate Development and Commercial Services

Doyle Beneby

59 2012 Independent Director

Jill Gardiner

60 2015 Independent Director

Kelly Huntington

43 2015 Independent Director

Jane Peverett

67 2019 Independent Director

Robert Phillips

68 2019 Independent Director

Katharine Stevenson

56 2017 Independent Director

Keith Trent

59 2017 Independent Director

Randy Mah

2013 Director of Investor Relations

Biographies

Name Description

Donald Lowry

Mr. Donald James Lowry is Independent Chairman of the Board of Capital Power Corporation. Donald Lowry has been self-employed as a professional director and board advisor since March 2013, and is an advocate of board diversity. Previously, Mr. Lowry served as President and CEO of EPCOR, a position he held since January 1998. Prior to joining EPCOR, Mr. Lowry spent more than 20 years in the telecommunications industry, including six years as President and Chief Operating Officer of TELUS Communications Inc. Mr. Lowry graduated from the University of Manitoba with a Bachelor of Commerce degree (Honours), followed by a Master of Business Administration degree. He is a graduate of the Harvard Advanced Management Program and the Banff School of Management, and earned his ICD.D. designation in 2016. Mr. Lowry is past chair of the Canadian Electricity Association, past non-executive chair of Canadian Oil Sands Limited, and serves as a director on several boards, including Stantec Inc., Melcor Real Estate Investment Trust (REIT) and Hydrogenics Corporation. Mr. Lowry previously served on the board of Canadian Water Network and has been chair of the Edmonton Triathlon since 2013, including for the 2014 ITU World Triathlon Grand Final Edmonton. He was recognized in 2010 as Alberta Venture’s Business Person of the Year and in 2014 as the Alberta Chamber of Resources Person of the Year, 2013. Mr. Lowry is a regular writer and publisher in industry leading journals and on-line media on the subject of board governance, leadership and strategy. In addition, Mr. Lowry is a frequent speaker and panelist at major industry conferences

Brian Vaasjo

Mr. Brian Tellef Vaasjo is a President, Chief Executive Officer, Director of Capital Power Corporation. Brian Vaasjo has been the President & CEO of Capital Power since July, 2009. Prior thereto, he was Executive Vice President of EPCOR, and was President of EPCOR’s Energy Division. At EPCOR, he was responsible for regional power generation, water operations and the growth of EPCOR’s competitive power and water businesses across North America, as well as development and acquisition. He was President of Capital Power Income L.P. (CPILP) from September 2005 until July 2009 and chair of the board of its general partner from July 2009 to November 2011. Mr. Vaasjo spent 19 years with the Enbridge Group of Companies and played a substantial role in several important acquisitions, developments and public offerings. He has a Master of Business Administration, is a Fellow of the Society of Chartered Professional Accountants, and has been on the boards of several non-profit organizations

Bryan DeNeve

Mr. Bryan DeNeve is Chief Financial Officer, Senior Vice President - Finance of Capital Power Corporation. He is Senior Vice President, Finance and Chief Financial Officer since May 1, 2015; prior thereto Senior Vice President, Corporate Development and Commercial Services, since November 2012; prior thereto Senior Vice President, Commercial Services from January 2011. prior thereto Senior Vice President, Corporate Development and Commercial Services, Capital Power Corporation, from November 2012; prior thereto, Senior Vice President, Commercial Services, Capital Power Corporation from January 2011; prior thereto, Vice President, Business Development, Capital Power Corporation from July, 2009.

B. Kathryn Chisholm

Ms. B. Kathryn Chisholm is Senior Vice President and Chief Legal and Sustainability Officer of the Company. Prior thereto, Senior Vice President, General Counsel and Corporate Secretary, Capital Power Corporation from July 2009. Prior thereto, Senior Vice President, General Counsel and Corporate Secretary, EPCOR Utilities Inc. from May 2005, Senior Vice President, Legal and External Relations, Capital Power Corporation from November 2012; prior thereto, Senior Vice President, General Counsel and Corporate Secretary, Capital Power Corporation from July 2009.

Darcy Trufyn

Mr. Darcy John Trufyn is Senior Vice President - Operations, Engineering and Construction of Capital Power Corporation. Prior thereto, Senior Vice President, Construction, Engineering and Project Management, Capital Power Corporation from October 2009. Prior thereto, Senior Vice President, Construction, Worley Parsons Canada from June 2006, prior thereto, Senior Vice President, Construction, Engineering and Project Management, Capital Power Corporation from October 2009.

Mark Zimmerman

Mr. Mark A. P. Zimmerman is Senior Vice President - Corporate Development and Commercial Services of Capital Power Corporation. He has more than 25 years of experience in the energy infrastructure and petroleum industries, with leadership roles focusing on finance, valuation, corporate strategy, business development, and mergers and acquisitions. He served as President of TC Pipelines LP from 2007 to 2010, and has worked for TransCanada Pipelines Ltd. from 1997 to 2015, most recently as Vice President Corporate Development & Strategy. Mr. Zimmerman is a Chartered Accountant, Chartered Business Valuator and a member of the Institute of Corporate Directors. He holds a Bachelor of Commerce (1989) from the University of Alberta.

Doyle Beneby

Mr. Doyle N. Beneby is Independent Director of Capital Power Corporation. Doyle Beneby serves as Chief Executive Officer of Midland Cogeneration Venture since November 2018. Prior to that, he had been self-employed as a professional director since May 2016. He was formerly the CEO of New Generation Power International, an international independent renewable energy company, from October 2015 to May 2016. Prior to joining New Generation Power International, Doyle Beneby was the President and CEO of CPS Energy, the largest municipallyowned gas and electric utility in the US, a position he held since August 2010. Mr. Beneby has over 20 years’ experience in various aspects of the electrical power industry. Prior to joining CPS Energy, he served at Exelon Corporation from 2003 to 2010 in various roles, most recently, as Senior Vice President of Exelon Power and President of Exelon Corporation from 2009 to 2010. From 2008 to 2009, Mr. Beneby served as Vice President, Generation Operations for Exelon Corporation, and prior to that and from 2005 to 2008, Mr. Beneby served as Vice President, Electric Operations for PECO, a subsidiary of Exelon Corporation. Mr. Beneby holds a Master of Business Administration from the University of Miami, and a Bachelor of Science from Montana Technical College.

Jill Gardiner

Ms. Jill Veronica Gardiner is Independent Director of Capital Power Corporation. Jill Gardiner is a professional corporate director. Previously, she spent over 20 years in the investment banking industry, most recently as Managing Director and Regional Head, British Columbia, for RBC Capital Markets. In her various roles in corporate finance, mergers and acquisitions, and debt capital markets she provided strategic advice to, and helped raise capital for, numerous corporations with a focus on the power, pipeline, infrastructure, forest products and diversified industries. She served as Head of the Forest Products Group and Head of the Pipelines & Utilities Group. Ms. Gardiner was formerly Senior Project Manager at the Ontario Energy Board and a lecturer at the University of Victoria in corporate finance and human resource management. Ms. Gardiner is currently a member of the boards of directors of Capstone Mining Corp. and is a Trustee for the non-profit ARC Foundation. She previously served as chair of the board of directors of Turquoise Hill Resources Ltd. and as a member of the boards of Timber Investments Ltd., SilverBirch Hotels & Resorts LP, Parkbridge Lifestyle Communities Inc. and a number of non-profit organizations, including the Banff Centre, the Vancouver Art Gallery and the Southern Alberta Institute of Technology. Ms. Gardiner holds a Bachelor of Science and a Master of Business Administration, both from Queen’s University.

Kelly Huntington

Ms. Kelly Huntington is Independent Director of Capital Power Corporation. Kelly Huntington is Senior Vice President of Enterprise Strategy at OneAmerica Financial Partners, Inc., a position she has held since July 2015. She also serves as a member of the boards of directors for five related entities. Previously, she was President and CEO for Indianapolis Power & Light Company (IPL) from 2013 until July 2015, and was also a member of the board of IPL and IPALCO Enterprises Inc. Prior to that, she was Senior Vice President and CFO at IPL and held various leadership positions at The AES Corporation. She began her career in investment banking and private equity. Ms. Huntington currently serves as vice chair of Riley Children’s Foundation, second vice chair of the Indianapolis Zoo, and as secretary and chief operating officer of The Economic Club of Indiana. Ms. Huntington was previously chair of the board of directors of Indianapolis Neighborhood Housing Partnership. Ms. Huntington holds a Master of Business Administration from Northwestern University’s Kellogg School of Management, a Bachelor of Science from the Massachusetts Institute of Technology, and is a Chartered Financial Analyst.

Jane Peverett

Ms. Jane Leslie Peverett is Independent Director of the company. Jane Peverett has been a professional director since 2009. Ms. Peverett was President and Chief Executive Officer of British Columbia Transmission Corporation from 2005 to 2009 and Chief Financial Officer from 2003 to 2005. From 1987 to 2003 she held senior finance, regulatory and executive roles at Westcoast Energy Inc., including President and CEO of Union Gas from 2001 to 2003 (leader the merger of Union into Duke Energy), CFO of Union Gas, and VP Finance of Westcoast Energy. She presently serves on the boards of directors of Canadian Imperial Bank of Commerce (chair of its audit committee and member of its corporate governance committee), CP Rail (chair of its audit committee and member of its finance committee) and NW Natural Gas (member of its organization and executive compensation committee and public affairs and environmental policy committee). Ms. Peverett has also previously served on the boards of directors of AEGSIS Insurance Services, Postmedia, as past chair of the audit committee for Encana, as past chair of the governance and nominating committee for Hydro One Inc., and past chair of the board of BC Ferries Authority. Ms. Peverett holds a Bachelor of Commerce degree from McMaster University, a Master of Business Administration from Queen's University, is a Certified Management Accountant, and a Fellow of the Society of Management Accountants.

Robert Phillips

Mr. Robert Lawrence Phillips, QC., is Re-Designated as Independent Director of the company. Robert Phillips is President and Chief Executive Officer of R. L. Phillips Investments Inc. and was previously President and CEO of British Columbia Railway Corporation from 2001-2004. Mr. Phillips practiced corporate law for 15 years and has served in senior executive positions with Husky Energy Inc., Dreco Energy Services Ltd., PTI Group, Inc. and MacMillan Bloedel Limited. Mr. Phillips received degrees in Chemical Engineering and Law from the University of Alberta. He serves on the board of several Canadian and US corporations, including Canadian Western Bank (chair), West Fraser Timber Co. Ltd. (lead director), Canadian National Railway, and Maxar Technologies Inc. He previously served on the board of Capital Power Corporation (EPCOR nominee from 2009-2013), as well as EPCOR Utilities Inc., Axia NetMedia Corporation, Dreco Energy Services Ltd., National-Oilwell Inc., Precision Drilling Corporation and others.

Katharine Stevenson

Ms. Katharine B. Stevenson is Independent Director of the Company. Kate Stevenson has been a professional director since 2007, and has extensive experience as a senior financial executive in Canada and the US From 1995 to 2007, she served as a senior financial executive with Nortel Networks, including Global Treasurer for part of that period. She was with J.P. Morgan and Company from 1984 to 1995, where she had progressively senior finance roles in corporate and investment banking. She presently serves on the boards of directors of Canadian Imperial Bank of Commerce (chair of its Corporate Governance Committee and member of its Management Resources & Compensation Committee), Open Text Corporation (member of its Audit Committee) and CAE Inc. (member and past chair of its Audit Committee and member of its Governance Committee). Ms. Stevenson has also previously served on the boards of directors of Valeant Pharmaceuticals International, Inc. and OSI Pharmaceuticals Inc. In addition, she serves on the St. Michael’s Hospital Foundation Board, is past vice chair of the board of governors of the University of Guelph and past chair of the board of The Bishop Strachan School. Ms. Stevenson holds a Bachelor of Arts (magna cum laude) from Harvard University, and has earned her ICD.D. designation from the Institute of Corporate Directors. .

Keith Trent

Mr. Keith Trent is Independent Director of the Company. Keith Trent has been a professional director since 2015, and has 15 years’ experience as an energy executive, general counsel and internal legal counsel. From 2005 to 2015, Mr. Trent held a variety of senior executive positions with Duke Energy Corporation (Duke), including as general counsel, with responsibility for long-term grid strategy, 4 regulated utilities, electric transmission, regulated fossilfuel and hydro generation, health, safety and environment, fuel and system optimization, central engineering and services, and commercial businesses operating in domestic and international retail and wholesale competitive markets. From 2002 to 2005, Mr. Trent held a variety of positions with Duke with responsibility for corporate strategy, government relations, corporate communications, technology initiatives, legal, internal audit and compliance, and major litigation and government investigations (as Lead Litigator). Prior to 2002, Mr. Trent practiced law for 15 years. Mr. Trent currently serves on the advisory board of Forsite Development Inc., and the boards of directors of Edison International, Inc., TRC Companies Inc. and AWP Inc. He has previously served on the board of trustees of The Keystone Energy Board, on the Accenture Global Energy Board, on the board of visitors of the Wake Forest University School of Business, and on the board of Electric Power Research Institute. Mr. Trent holds a Juris Doctor degree, and a Bachelor of Science (Electrical Engineering).

Randy Mah

Basic Compensation

Name Fiscal Year Total

Donald Lowry

330,500

Brian Vaasjo

2,770,780

Bryan DeNeve

1,578,910

B. Kathryn Chisholm

1,391,760

Darcy Trufyn

1,238,600

Mark Zimmerman

1,245,190

Doyle Beneby

238,955

Jill Gardiner

188,500

Kelly Huntington

225,259

Jane Peverett

--

Robert Phillips

--

Katharine Stevenson

172,500

Keith Trent

225,259

Randy Mah

--
As Of  31 Dec 2018