GREY:XEBEQ - Post by User
Post by
retiredcfon Apr 07, 2021 9:01am
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Post# 32947999
TD
TD Xebec Adsorption Inc.
(XBC-T) C$5.07
Xebec Announces Board Addition
Event
Xebec announced an addition to its Board of Directors.
Impact: SLIGHTLY POSITIVE
Details: Xebec announced that Karen Nielsen will join the Xebec Board of Directors, effective immediately. Ms. Nielsen was previously the Chief Development Officer at Seven Generations Energy Ltd. and is a non-executive lead director at Crew Energy.
TD View: Ms. Nielsen brings a comprehensive background in the conventional energy sector and a strong understanding of North American natural gas markets; an area of expertise that ties directly to the company's renewable natural gas business and a skill set that is currently missing on Xebec's Board. Ms. Nielsen also improves the gender parity of Xebec's board (28.5%, or 2 of 7) to within a range of the Canadian average of 30% (83 sample companies) and above the global average of 21%, based on the MSCI World Index.