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Canadian Utilities Ltd (CU.TO)

CU.TO on Toronto Stock Exchange

39.80CAD
10 Dec 2019
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Summary

Name Age Since Current Position

Nancy Southern

62 2019 Chairman of the Board, Chairman of the Board and Chief Executive Officer of ATCO

Siegfried Kiefer

60 2019 President, Chief Executive Officer

Linda Southern-Heathcott

56 2017 Vice Chairman of the Board

Dennis DeChamplain

55 Chief Financial Officer, Senior Vice President

Marshall Wilmot

58 2018 President - ATCO Energy, Chief Digital Officer

M. Constantinescu

2018 Senior Vice President, Chief Transformation Officer

George Lidgett

57 2015 Managing Director, Pipelines & Liquids

Wayne Stensby

52 2015 Managing Director - Electricity Global Business Unit

Carol Gear

2012 Corporate Secretary

James Simpson

74 2006 Lead Independent Director

Alexander Pourbaix

53 2019 Director

Matthias Bichsel

64 2014 Independent Director

Loraine Charlton

62 2006 Independent Director

Robert Normand

72 2008 Independent Director

Hector Rangel

71 2014 Independent Director

Laura Reed

57 2014 Independent Director

Charles Wilson

79 2000 Independent Director

Wayne Wouters

2019 Independent Director

Biographies

Name Description

Nancy Southern

Ms. Nancy C. Southern serves as Chairman of the Board, Chairman of the Board and Chief Executive Officer of ATCO of the Company. Ms. Southern was appointed Chair of Canadian Utilities and ATCO effective December 1, 2012, and continues as President & Chief Executive Officer. She was Deputy Chair of Canadian Utilities and ATCO from 2008 until 2012, and has been President & Chief Executive Officer of Canadian Utilities and ATCO since January 1, 2003. Previously, she was Co-Chairman and Co-Chief Executive Officer from 2000 until 2003; Deputy Chief Executive Officer from 1998 until 2000; and Deputy Chairman from 1996 until 2000. Ms. Southern has full responsibility for strategic direction and the operations of Canadian Utilities, reporting to the Board of Directors. She is also a director of Sentgraf Enterprises Ltd. and an Honorary Director of the Bank of Montreal. Ms. Southern is a member of The U.S. Business Council; a member of the American Society of Corporate Executives; and a Canadian member of The Trilateral Commission. She is also a member of the Canadian Council of Chief Executives; the Canadian Economic Advisory Committee; the Canadian Global Markets Action Plan Advisory Council; and member of the Canadian Advisory Council for Promoting Women on Boards.

Siegfried Kiefer

Mr. Siegfried W. Kiefer is President, Chief Executive Officer of the Company. Mr. Kiefer previously held the role of President & Chief Strategy Officer, Canadian Utilities, and has more than 36 years of experience in various roles within the company.

Linda Southern-Heathcott

Ms. Linda A. Heathcott serves as Vice Chairman of the Board of the Company. Ms. Southern-Heathcott is President & Chief Executive Officer of Spruce Meadows Ltd., an internationally recognized equestrian facility in Calgary, Alberta. As a former professional equestrian rider, Ms. Southern-Heathcott was a member of the Canadian Equestrian Team for nine years and competed in the 1996 Olympic Summer Games in Atlanta, Georgia. Ms. Southern-Heathcott brings significant management and business experience to the Board and was appointed Vice Chair of the Board of Directors of Canadian Utilities and CU Inc. in March 2017 and of ATCO in November 2016. Ms. Southern-Heathcott is a founding director, and currently serves as Board Chair, of AKITA Drilling Ltd. Ms. SouthernHeathcott also serves on the Board of Directors of ATCO Structures & Logistics Ltd. and Sentgraf Enterprises Ltd.

Dennis DeChamplain

Mr. Dennis DeChamplain is Senior Vice President & Chief Financial Officer of Canadian Utilities and ATCO. He is responsible for Finance, Accounting, Treasury, Taxation, Regulatory Strategy, Corporate Governance & Secretarial, Pension & Risk Management and the administration of Internal Audit. He joined ATCO in 1992 and has held progressively senior roles in ATCO and Canadian Utilities. He was appointed to his current role in 2017.

Marshall Wilmot

Mr. Marshall Wilmot is President, ATCOenergy and Chief Digital Officer for Canadian Utilities and ATCO. He is responsible for the operational and financial performance of ATCOenergy and in his role as Chief Digital Officer, he is responsible for creating a holistic digital strategy. Mr. Wilmot joined ATCO in March 2018.

M. Constantinescu

George Lidgett

Mr. George J. Lidgett is Managing Director, Pipelines & Liquids Global Business Unit. Mr. Lidgett is tasked with leading the strategy and development for the Business Unit's long-term products and services growth. He joined ATCO in 1985 and has held a number of senior operational and commercial management roles during his tenure. He was appointed to his current role in 2015.

Wayne Stensby

Mr. Wayne K. Stensby is Managing Director of the Electricity Global Business Unit of Canadian Utilities. Mr. Stensby is tasked with leading the strategy and development for the Business Unit's long-term products and services growth. He joined ATCO in 1988 and has held a number of senior operational and engineering management roles during his tenure. He was appointed to his current role in 2015.

Carol Gear

James Simpson

Mr. James W. Simpson serves as Lead Independent Director of Canadian Utilities Limited. Until April 2017, Mr. Simpson was Chair and Director of Suncor Energy Inc. ("Suncor"), having served on its board since 2009. He was a director of Petro Canada from 2004 through to 2009 when it merged with Suncor. A former President of Chevron Canada Resources, he retired after a 30 year career with Chevron Corporation. While President of Chevron Canada, he was involved with several remediation projects including a multi-million dollar program to identify and remediate oil pipeline river and stream crossings from legacy operations. He is a former Chairman of the Board of Governors of the Canadian Association of Petroleum Producers and actively participated in climate change issues and emerging regulatory policies related to Canada’s petroleum industry. He has also participated in the World Petroleum Congress.

Alexander Pourbaix

Mr. Alexander J. Pourbaix is Director of the Company. Mr. Pourbaix is President & Chief Executive Officer and a member of the Board of Directors of Cenovus Energy. Prior to Cenovus, he held a broad range of leadership roles, including Chief Operating Officer with TransCanada Corporation. He is also Vice Chairman of the Board of Governors at the Canadian Association of Petroleum Producers, Board Chair at Mount Royal University and a member of the Business Council of Alberta.

Matthias Bichsel

Dr. Matthias F. Bichsel, Ph.D. serves as Independent Director of Canadian Utilities Limited. Dr. Bichsel is an energy and technology consultant and corporate director. From 2009 until his retirement in 2014, he was a member of the Executive Management Board of Royal Dutch Shell plc and ran one of its four global businesses, where his responsibilities included upstream and downstream capital projects, technology and R&D, engineering, supply chain management and procurement as well as drilling. Dr. Bichsel was also accountable for the safety and environmental performance of Shell. He was further responsible for sustainable development including climate change, emissions, pollution, societal shifts and stakeholder interests.

Loraine Charlton

Ms. Loraine M. Charlton serves as Independent Director of Canadian Utilities Limited. Ms. Charlton is currently Vice President and Chief Financial Officer of Lintus Resources Limited, a private oil and gas company with interests across Western Canada, and has over three decades of experience in the oil and gas industry. During her career, Ms. Charlton has held various positions involving responsibility for directing overall management, including financial reporting, banking, debt and treasury management, investor relations, risk management, human resources, operations and strategy. Ms. Charlton is also a director of CU Inc. and AKITA Drilling Ltd.

Robert Normand

Mr. Robert J. Normand serves as Independent Director of Canadian Utilities Limited. Mr. Normand retired in October 2015 as Chair of the Workers Compensation Board of Alberta, the agency which administers workplace insurance for the workers and employers of the Province of Alberta. In 2008, he retired from the position of President and Chief Executive Officer of Alberta Treasury Branches ("ATB"). Prior to joining ATB as Executive Vice-President Sales in 1996, he was employed by the Bank of Montreal for 26 years and held line and credit executive positions in Quebec, Ontario and Alberta. Through his experience in the financial services sector, he has developed extensive knowledge and expertise in the areas of finance, regulatory matters and risk management.

Hector Rangel

Mr. Hector A. Rangel serves as Independent Director of Canadian Utilities Limited. Mr. Rangel is the President of BCP Securities Mexico, a joint venture with BCP Securities LLC, a US investment bank specializing in emerging markets. Prior to this role, he was the Chief Executive Officer of Nacional Financiera S.N.C. and Banco Nacional de Comercio Exterior and a member of Mexico's cabinet under President Felipe Calderon. Mr. Rangel has extensive corporate and investment banking expertise having held various executive positions with the Grupo Financiero Bancomer from 1991 until 2008, including a tenure as Chairman of the Board. Mr. Rangel has also been President of the Mexico Bankers Association and President of the Mexican Business Council. Mr. Rangel is also presently a director of GNP Profuturo Afore , GNP Seguros and Nadro S.A. and has been director of a number of major public companies in Mexico.

Laura Reed

Ms. Laura A. Reed serves as Independent Director of Canadian Utilities Limited. Ms. Reed is the Chair of ERIC Alpha Holdings Pty Ltd and its subsidiaries, which owns 49 per cent of Ausgrid, an electricity distribution business in Australia. In addition, Ms. Reed is a director of Ausgrid. Ms. Reed is also the Chair of Epic Energy South Australia Pty Ltd, which owns the Moomba to Adelaide gas transmission pipeline in South Australia, as well as a director of ATCO Australia Pty Ltd. In 2018, Ms. Reed was appointed to the board of the Clean Energy Finance Corporation, the federal government corporation (Australia) which assists with the funding of clean energy projects. Ms. Reed was the Chief Executive Officer/Managing Director of Spark Infrastructure from 2008 until May 2012. Spark Infrastructure owned 49 per cent of three electricity distribution businesses in Australia. Before joining Spark Infrastructure, she spent nine years at Envestra Limited, a gas distribution company, in a number of senior financial roles including Chief Financial Officer.

Charles Wilson

Mr. Charles W. Wilson serves as Independent Director of Canadian Utilities Limited. He is Lead Director for the Boards of ATCO and ATCO Structures & Logistics Ltd. and is also on the Board of ATCO Australia Pty Ltd. He was President and Chief Executive Officer of Shell Canada from 1993 to 1999, and Executive Vice President, U.S. Downstream Oil and Chemical of Shell Oil Company from 1988 to 1993. Before 1988, he was Vice President U.S. Refining and Marketing of Shell Oil Company and held various positions in the domestic and international natural resource operations of Shell. Mr. Wilson holds a B.Sc. in Civil Engineering and an M.Sc. in Engineering.

Wayne Wouters

The Hon. Wayne Gordon Wouters is Independent Director of the Company. Mr. Wouters is Strategic and Policy Advisor to the law firm McCarthy Tétrault LLP in Toronto, Ontario. Prior to joining the private sector, Mr. Wouters had a distinguished 37-year career in the federal public service, including five years serving as the Clerk of the Privy Council of Canada. As Clerk, he held the roles of Deputy Minister to the Prime Minister, Secretary to the Cabinet and Head of Public Service. During his career, he has held the positions of Secretary of the Treasury Board, Deputy Minister of Human Resources and Skills Development, and Deputy Minister of Fisheries and Oceans. Mr. Wouters has industry expertise in the oil and gas and natural resources, transportation, technology, telecommunications, and security sectors. Mr. Wouters was inducted by the Prime Minister as a Member of the Privy Council in 2014 and appointed an Officer of the Order of Canada in 2017.