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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Xebec Welcomes Ms. Karen Nielsen to Board of Directors
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Post by RandomMaker on Apr 07, 2021 7:02am

Xebec Welcomes Ms. Karen Nielsen to Board of Directors

Xebec Welcomes Ms. Karen Nielsen to Board of Directors
April 07, 2021 07:00 ET | Source: Xebec Adsorption
 
- Senior-level energy executive with experience in oil and gas operations, business development, engineering and finance -
 
MONTREAL, April 07, 2021 (GLOBE NEWSWIRE) -- Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce that Ms. Karen Nielsen has joined Xebec’s Board of Directors effective today.
 
Ms. Nielsen was formerly the Chief Development Officer at Seven Generations Energy Ltd (TSX: VII), an energy producer dedicated to stakeholder service, responsible development and generating strong returns. She is also a non-executive lead director at Crew Energy (TSX: CR), a light oil and natural gas producer operating and based in Western Canada.
 
“Having spent the majority of my career in the traditional oil and gas space, I am excited to be joining Xebec as we look towards the next chapter of energy. Decarbonization of our energy sources has come to the forefront of our minds as we look to address climate change. I believe Xebec will play a key role in this as a world leading renewable gas player and that we will pave a better future for generations to come,” stated Karen Nielsen.
 
Ms. Nielsen brings decades of expertise in the oil and gas sector with positions in operations, business development, engineering and finance. She held positions as Senior Vice President and General Manager at ATCO Power Ltd. (TSX: ACO.X), Vice President of Operations at ARC Resources Ltd. (TSE: ARX) and both Vice President of Engineering and Operations at Birchcliff Energy Ltd. (TSX: BIR).
 
“I am excited to be welcoming Karen to Xebec’s Board. She brings a strong background in energy in a time where the transition towards lower carbon energy sources is accelerating. Xebec is playing an important role in providing cleantech solutions for reducing emissions in the broader energy sector. I look forward to Karen’s contributions as she brings forth new ideas and insight into the energy transition,” stated Kurt Sorschak, Chairman, President and CEO, Xebec Adsorption Inc.
Comment by Zipolitemexico on Apr 07, 2021 8:42am
Obviously she is taking Prabhu's seat on the board. She has good Alberta connections. ATCO Power is interesting.
Comment by ddogold on Apr 07, 2021 9:10am
A solid addition to the board with Alberta roots
Comment by Resilience19 on Apr 07, 2021 9:23am
My take is that XBC is further positioning itself for a NASDAQ listing. This was alluded to in 2019/2020 and think it will materialize this year or next - perhaps already enough to work on this year, so more likely next year, but certainly on a roll.
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