Post by
Ciao on Jun 01, 2021 10:15am
New board members
I don't recall any annoucements for these highly qualified new board members that will bring invaluable guidance for XBC
Karen Nielsen is a corporate director. She is the former Chief Development Officer at Seven Generations Energy, a company specializing in the development and valueoptimization of high-quality, tight-rock, natural gas resource plays. Prior to joining Seven Generations in 2019, Ms. Nielsen served as Senior Vice-President & General Manager, Generation, at ATCO Electricity Generation from 2017 to 2019. Prior to that, she was Vice-President, Operations at ARC Resources Ltd. from 2013 to 2017. With 30 years of oil and gas operations, production and exploitation experience, Ms. Nielsen brings financial and technical acumen, and a proven record of performance in operations excellence, innovation and profitability. Her financial and commercial literacy is underpinned by experience in corporate reporting, financial accounting, reserves evaluations and NI 51–101 compliant resource assessments. Ms. Nielsen began her career with Imperial Oil Ltd. in 1989 as a Completions Engineer leading to increasing roles of responsibility in the areas of drilling, operations and exploitation at Alberta Energy Company, Upton Resources Inc., Koch Exploration Inc., Birchcliff Energy Ltd., and ATCO Electricity Generation prior to joining Seven Generations. Ms. Nielsen has a Bachelor of Science degree with distinction in Electrical Engineering from the University of Saskatchewan, completed the Global Institute for Leadership Development program and attended the Governor’s General Leadership conference. She is also a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGGA), the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC),the Institute of Corporate Directors, the Canadian Society of Unconventional Resources and is a lifetime Member of the Society of Petroleum Engineers. Ms. Nielsen brings to the Board financial and technical acumen and a proven record of performance in operations excellence, innovation, and profitability. She also has financial and commercial literacy and governance expertise Current Other Public Board Service: o Board member since 2018 and Member of the Reserves Committee and Compensation Committee of Crew Energy Inc. (TSX: CR)
Ms. Sananikone is a corporate director. She has over 30 years experience in asset management, covering all asset classes including infrastructure, at both CEO and board levels, Ms. Sananikone held positions such as Managing Director of BT Asset Management, Managing Director of Rothschild Asset Management (Australia), CEO of Aberdeen Asset Management (Australia), CEO of the EquitiLink Asset Management Group, and Managing Director of BNP Investment Management (Australia). She also served on a number of boards, both public and private, including that of Caisse de Dpt et Placement du Qubec. Ms. Sananikone currently serves on the Board of Directors of Macquarie Infrastructure Corporation (USA, NYSE:MIC), is chair of its Compensation Committee, and a member of both the Audit, and the Governance and Nomination committees. In addition, she serves on the Board of Directors and the Audit Committee of Innergex Renewable Energy (Canada, TSX:INE), on the Board of Directors and Remuneration Committee of Hafnia Ltd (a member of the BW Group), and on the Board of Directors of Ivanhoe Cambridge (Canada), where she is the chair of the Governance and Ethics Committee, as well as a member of both the Investment, and the Human Resource committees. She holds a BA (economics and political science) from the Australian National University, and a Master of Commerce (economics) from the University of New South Wales, and is a recipient of the Centenary Medal for services to the Australian finance industry. Ms. Sananikone brings to the Board expertise in corporate and project finance, international business experience and corporate governance experience. Current Other Public Board Service: o Board member since 2013 of Macquarie Infrastructure Corporation (NYSE: MIC) o Board member since 2019 and Member of the Audit Committee of Innergex Renewable Energy Inc. (TSX: INE)
Frank Seguin is a corporate director. He recently retired from Magna International in 2020 as Executive Vice-President of Corporate Projects and Strategy Development. As Executive Vice-President, Seguin was responsible for working directly with Magna CEO and other members of senior management to support the company’s long-term strategy development. Mr. Seguin is a seasoned engineering and operations executive in the automotive industry, where he has worked throughout the past 32 years. He served as the President of Magna Closures and Mirrors from 2010 to 2016. Seguin joined Magna in 1988 at Cosma International, Magna’s body and chassis operating unit. Prior to joining Magna in 1988, Seguin worked for General Motors in Oshawa, Ontario, for five years. A native of Windsor, Ontario, Seguin graduated in 1984 with a degree in Electrical Engineering from the University of Windsor. Mr. Sguin brings to the Board expertise in manufacturing operations and senior executive experience in multinational business operations.