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Innergex Renewable Energy Inc (INE.TO)

INE.TO on Toronto Stock Exchange

25.28CAD
23 Oct 2020
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Summary

Name Age Since Current Position

Jean La Couture

73 2010 Independent Chairman of the Board

Michel Letellier

2007 President, Chief Executive Officer, Non-independent Director

Daniel Lafrance

65 2019 Independent Vice Chairman of the Board

Jean-Francois Neault

2018 Chief Financial Officer

Renaud de Batz De Trenquellon

2019 Senior Vice President - Latin America

Peter Grover

2019 Senior Vice President - Hydroelectric, Wind and Solar Energy

Jean Trudel

2019 Chief Investment and Development Officer

Anne Cliche

2011 Vice President – Human Resources

Nathalie Theberge

2015 Vice President - Corporate Legal Affairs, Secretary

Yves Baribeault

2015 Vice President – Legal Affairs, Operations and Projects

Matthew Kennedy

2011 Vice President - Environment

Louis Veci

48 2020 Director

Ross Beaty

68 2018 Independent Director

Nathalie Francisci

49 2017 Independent Director

Richard Gagnon

63 2017 Independent Director

Dalton McGuinty

64 2015 Independent Director

Monique Mercier

63 2015 Independent Director

Ouma Sananikone

62 2019 Independent Director

Biographies

Name Description

Jean La Couture

Mr. Jean La Couture serves as Independent Chairman of the Board of the Company. He is President of Huis Clos Ltée, a management and mediation firm. He has a Bachelor's degree in Commercial Sciences and Accounting from HEC Montréal and is a Fellow of the Ordre des comptables professionnels agréés du Québec. He is Chairman of the Board of Groupe Pomerleau and is also a director at la Caisse de dépôt et placement du Québec. From May 2003 to May 2018 he served as director and Chair of the Audit Committee of Québecor Inc., a reporting issuer.

Michel Letellier

Mr. Michel Letellier serves as President, Chief Executive Officer, Non-independent Director of the Company. He has been the President and CEO of the Corporation since October 25, 2007. He acted as Executive Vice President and Chief Financial Officer of the Corporation from 2003 until his appointment as President and CEO of the Corporation on October 25, 2007. From 1997 to 2003, Michel Letellier was Vice President and Chief Financial Officer of Innergex GP Inc. and was responsible for the financial management of the affairs of Innergex GP Inc., Innergex, Limited Partnership and Innergex Power Income Fund. Michel Letellier holds a MBA from Université de Sherbrooke as well as a bachelor’s degree in commerce (finance) from Université du Québec à Montréal. He currently acts as a director of KP Tissue Inc., a reporting issuer

Daniel Lafrance

Mr. Daniel L. Lafrance serves as Independent Vice Chairman of the Board of the Company. He has acted as a corporate director as his principal occupation since August 2013. From February 1992 to August 2013, he was Senior VicePresident Finance and Procurement, Chief Financial Officer and Secretary of Lantic Inc., wholly owned by Rogers Sugar Inc., a reporting issuer. Holding a bachelor’s degree in business (1976) and a specialty in accounting (1977) from the University of Ottawa, Daniel Lafrance is also a member of the Institute of Chartered Accountants of Ontario since 1980. He currently acts as a director and Chair of the Audit Committee of Rogers Sugar Inc., a reporting issuer and of its whollyowned subsidiary Lantic Inc.

Jean-Francois Neault

Mr. Jean-Francois Neault serves as Chief Financial Officer of the Company. Mr. Jean-Francois Neault has served as Senior Vice President and Chief Financial Officer at Colabor for the past five years. Mr. Neault began his career at Cascades where he rose through the ranks to become Vice President, Finance and Administration, a position he held for more than 8 years. He has also been Vice President, Financial Planning and Corporate Strategies at Atrium Innovations Inc. Mr. Jean-Francois Neault holds a Bachelor's degree in Accounting from the Universite du Quebec a Trois-Rivieres (1995) and a Master's degree in Business Administration from the Universite de Sherbrooke (2003). He earned the title of Certified Management Accountant in 1997 and is a member of the Order of Chartered Professional Accountants of Quebec.

Renaud de Batz De Trenquellon

Mr. Renaud de Batz De Trenquellon serves as Senior Vice President - Latin America of the Company. He was Senior Vice President - Hydroelectric Development of Innergex Renewable Energy Inc.. He is responsible for the development of new hydroelectric projects in the Eastern region of North America. He is also involved in the planning and assessment process for new power plants. Prior to joining the Corporation in 2002, Mr. de Batz was employed for more than 12 years with RSW inc., an engineering firm specializing in the energy sector. As a project director and specialist, Mr. de Batz was in charge of characterizing the geological and geotechnical conditions of hydroelectric installations in particular, as well as for participating in the design and construction of such facilities. He acquired this experience working on projects of many different sizes and representing a wide range of technical features, in Canada and abroad. Mr. de Batz holds an MBA from the UQAM (2003) and a Master’s degree from University of Marseille, France (1985) and has been a member of the Ordre des géologues du Québec since 2002.

Peter Grover

Mr. Peter Grover serves as Senior Vice President - Hydroelectric, Wind and Solar Energy of the Company. He was Senior Vice President - Project Management of Innergex Renewable Energy Inc. Mr. Grover manages the wind energy activities of the Corporation for Development Projects with PPAs under Cartier Wind Energy and for Prospective Projects. Prior to joining the Corporation, He worked in the renewable energy sector for Alstom Inc. holding positions from project engineer to director of project management over a span of nearly 20 years and on three continents. Mr. Grover holds a bachelor’s of electrical engineering from Concordia University (1986) and has been a member of the Ordre des Ingénieurs du Québec since 1992.

Jean Trudel

Mr. Jean Trudel serves as Chief Investment and Development Officer of the Company. He was Senior Vice President - Communications, Chief Investment Officer of Innergex Renewable Energy Inc. Prior to that time, he was Vice President, Corporate Development of Innergex GP (2002 to 2003). Mr. Trudel is responsible for the financing of new projects, the evaluation of potential acquisitions, the financial management of the affairs of the Corporation and investor relations. Prior to joining the Corporation and Innergex GP, Mr. Trudel worked for Sun Life Assurance Company of Canada (formerly Clarica Life Insurance Company) from 1999 to 2002 as Director, Investment Project Finance for Québec and Atlantic Canada and was Account Officer with the Corporate Banking Forestry Group of the Bank of Nova Scotia from 1996 to 1999. Mr. Trudel was a Board Member of the Association québécoise de la production d’énergie renouvelable from March 2000 to December 2007. Mr. Trudel holds a bachelor’s degree in Finance from HEC Montréal (1993) and an MBA from Queen’s University in Kingston, Ontario (1996).

Anne Cliche

Ms. Anne Cliche serves as Vice President – Human Resources of the Company. Ms. Cliche prior to July 2011, was a consultant in Organizational Development and Change Management.

Nathalie Theberge

Ms. Nathalie Theberge serves as Vice President - Corporate Legal Affairs, Secretary of the Company. Previously, Ms. Theberge was Corporate Secretary, Senior Director – Corporate Legal Affairs.

Yves Baribeault

Mr. Yves Dean Baribeault serves as Vice President – Legal Affairs, Operations and Projects of the Company. Mr. Baribeault was appointed Vice-President, Legal Affairs, Operations and Projects in 2015.

Matthew Kennedy

Mr. Matthew Kennedy serves as Vice President - Environment of the Company. Mr. Kennedy was Vice President Environment for Cloudworks Energy Inc. from 2010 to April 2011.

Louis Veci

Mr. Louis Veci serves as Director of the Company. Louis Veci, residing in Laval, Québec, Canada, is currently the Senior Director – Facilities Operations of TransÉnergie, Hydro-Québec (“HQT”). From November 2011 to January 2016, he was the Director - Financial Planning and Controller of HQT. He holds a Bachelor in Business Administration (public accounting (B.A.A.) from the University of Québec in Trois-Rivières and is a Certified Professional Accountant since 1996.

Ross Beaty

Mr. Ross J. Beaty serves as Independent Director of the Company. Mr. Beaty, s currently chair of the boards of Equinox Gold Corp, a TSX venture issuer and of Pan American Silver Corp., a reporting issuer. Ross J. Beaty is also President of the Sitka Foundation, one of Canada’s leading environmental foundations, patron of the Beaty Biodiversity Centre at the University of British Columbia and a director of a number of environmental NGO’s, including Panthera and the Pacific Salmon Foundation. From 2008 to 2018, he was Chair of the Board of Directors of Alterra Power Corp. (“Alterra”) Ross J. Beaty holds a M.Sc., in Mineral Exploration (with Distinction) from the Royal School of Mines, University of London, England, and an LL.B. (Law) and a B.Sc. (Honours Geology) from the University of British Columbia. In 2017, Ross J. Beaty was inducted to the Business Laureates of British Columbia Hall of Fame and appointed to The Order of Canada.

Nathalie Francisci

Ms. Nathalie Francisci serves as Independent Director of the Company. Ms. Francisci is a partner, Governance & Diversity for the international executive search firm Odgers Berndtson since 2013. From 2011 to 2013, she was President of the Québec chapter of the Institute of Corporate Directors and since 2011 she is also an associate professor in governance for the Director Education Program jointly developed by the Institute of Corporate Directors, Rotman University and McGill University. Prior to that, she was the founding President of Venatus Conseil, an executive search firm. Nathalie Francisci graduated from the Institut Universitaire de Technologies Paris XI in Marketing and holds the equivalent of a master’s degree in Human Resources Management. She has completed the Director Education program and is a member of l’Ordre des conseillers en ressources humaines since 1999.

Richard Gagnon

Mr. Richard Gagnon serves as Independent Director of the Company. Mr. Gagnon has acted as a corporate director as his principal occupation since January 2017. From November 2003 to January 2017, he was President and Chief Executive Officer of Humania Assurance Inc., a Canadian health insurance company). Holding a Bachelor of Arts degree in administration, communication and law from the University Laval (1979), he is also a “Fellow Chartered Administration” since 1996. Richard Gagnon currently acts as a director of The Professionals’ Financial and of l’Ordre des Ingénieurs du Québec.

Dalton McGuinty

Mr. Dalton James Patrick McGuinty serves as Independent Director of the Company. He has been a Senior advisor consultant for Desire2 Learn since 2014, for Pomerleau Inc. since 2016 and for PriceWaterHouseCoopers Canada from January 2015 to September 2015. He was the Premier of Ontario, Canada from 2003 to 2013 and worked as an attorney at McGuinty & McGuinty law firm from 1983 to 1996. He was elected member of the Ontario Provincial Parliament in 1990 and elected leader of the Ontario Liberal Party in 1996. Dalton McGuinty was named a senior fellow for the Harvard University Weatherhead Center for International Affairs from 2013-2014. He has completed the Director Education Program jointly developed by the Institute of Corporate Directors, Rotman University and McGill University. He is a Director of the Ottawa Heart Institute. Until December 2017, he was also a member of the Board of Directors of Electrovaya Inc.

Monique Mercier

Ms. Monique Mercier serves as Independent Director of the Company. She is a corporate director. She retired in December 2018 from TELUS Corporation, a large Canadian telecom company, where she was the Executive Vice-President, Corporate Affairs, Chief Legal and Governance Officer since 2014. Ms. Mercier has been a senior executive in the telecom, health and information technology industry for most of her career, including two decades at TELUS and Emergis where she led a number of corporate functions. She is a graduate of the Université de Montréal Law School and holds a master’s degree in politics from Oxford University, where she was awarded the prestigious Commonwealth Scholarship. In June 2018, Ms. Mercier received the Lifetime Achievement Award at the Canadian General Counsel Awards. In 2016, she was honoured as WCT’s (Women in Communications and Technology) Woman of the Year. In 2015, after being named to their Top 100 Most Powerful Women in Canada list for three consecutive years, she was inducted into the Women’s Executive Network Hall of Fame. In 2002, Ms. Mercier was honoured with the Queen Elizabeth II Golden Jubilee Medal. Monique Mercier has been a member of the Board of Directors of the Canadian Cancer Research Society since 2014. Until October 2015, she was a member of the Board of Directors and Chair of the Compensation Committee of Stornoway Diamond Corporation, a reporting issuer. On September 14, 2018, she was appointed to the Board of Directors of the Bank of Canada and is a member of its Finance and Audit Committee and of its Human Resources and Compensation Committee.

Ouma Sananikone

Ms. Ouma Sananikone serves as Independent Director of the Company. She has acted as a corporate director as her principal occupation since 2006. She was Chief Executive Officer of the two following entities: Aberdeen Asset Management (Australia) and EquitiLink Group (an Australian asset management group, listed on the Sydney Stock Exchange with operations in Australia, US, Canada and the UK) as well as Managing Director of BNP Investment Management (Australia). Other senior positions included Managing Director at Rothschild Asset Management (Australia), Managing Director at BT Financial Services (Westpac Group) and Managing Director, Corporate Strategy and Investments, at NRMA Insurance in Australia. Ouma Sananikone holds a BA (economics and political sciences) from the Australian National University and a Master of Commerce (economics) from the University of New South Wales. She is a recipient of the Centenary Medal from the Australian Government for services to the Australian finance industry. Currently, Ouma Sananikone serves on the Board of Directors of Macquarie Infrastructure Corporation, a reporting issuer listed on the New York Stock Exchange and is its chair of the Compensation Committee and a member of both the Audit and Governance and Nomination committees.