Edition:
United States

Aecon Group Inc (ARE.TO)

ARE.TO on Toronto Stock Exchange

15.13CAD
26 May 2017
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Volume
494,833
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Summary

Name Age Since Current Position

Brian Tobin

61 2016 Independent Chairman of the Board

John Beck

74 2016 Chief Executive Officer, Director

David Smales

2009 Executive Vice President, Chief Financial Officer

Paula Palma

2014 Executive Vice President and Chief People and Information Officer

L. Brian Swartz

2011 Executive Vice President - Legal and Commercial Services, Corporate Secretary

Terrance McKibbon

52 2016 Director

Michael Butt

78 1994 Independent Director

Joseph Carrabba

64 2013 Independent Director

Anthony Franceschini

65 2009 Independent Director

James Hole

72 2009 Independent Director

Susan Jenah

59 2016 Independent Director

Monica Sloan

62 2013 Independent Director

Biographies

Name Description

Brian Tobin

The Honorable Brian V. Tobin is Independent Chairman of the Board of Aecon Group Inc. He served as the Federal Minister of Industry from October 2000 to January 2002. Previously he served as the Premier of Newfoundland and Labrador from 1996 to 2000 and won two consecutive majority governments in provincial elections held in February 1996 and February 1999. Mr. Tobin served as a Member of Parliament from 1980 to 1996 and served as Minister of Fisheries and Oceans in the federal cabinet from 1993 to 1996. Mr. Tobin serves as Chairman of the board of New Flyer Industries Inc. and director of Element Financial Corp. He is the former CEO and President of Consolidated Thompson Iron Mines Limited which was sold in 2011 to Cliffs Natural Resources Inc. In addition, Mr. Tobin is the Vice Chairman of BMO Capital Markets, and the Vice Chairman and Lead Director of Aecon. Mr. Tobin is ICD.D certified.

John Beck

Mr. John M. Beck is Chief Executive Officer, Director of Aecon Group Inc. He is a leader in the Canadian construction industry. Prior to his appointment as Executive Chairman of Aecon in June 2014, Mr. Beck served as Chairman and Chief Executive Officer of Aecon, a position he held for over 40 years. Mr. Beck has been a member of the Board since 1963. Mr. Beck has also served as Chairman of the Board of the Ontario Power Authority and as a director of the Canadian Council for Public Private Partnerships. Mr. Beck is currently a member of the Board of Directors of PPP Canada, the Ontario Financing Authority, the Royal Conservatory of Music as well as the Canadian Olympic Foundation. He is also a member of the Advisory Council for the School of Public Policy at the University of Calgary and the Business Council of Canada. Mr. Beck is a Fellow of the Canadian Academy of Engineering. A graduate in Civil Engineering from McGill University, Mr. Beck has more than 50 years of experience in the construction industry in Canada and internationally. His background includes corporate leadership in numerous construction activities including heavy civil projects such as bridges, highways, airport infrastructure, precast concrete manufacturing as well as buildings, commercial and industrial projects, and public-private partnerships for the development of infrastructure, such as airports and toll roads.

David Smales

Mr. David Smales is Executive Vice President, Chief Financial Officer of Aecon Group Inc., Mr. Smales is responsible for financial reporting, accounting and compliance, budgeting and financial planning, taxation, treasury, operational finance, shared services and Aecon’s investor relations and capital markets activities. Prior to joining Aecon, Mr. Smales was the Chief Financial Officer of Catalyst Paper Corporation and prior to that held a number of senior financial positions at Novar plc in the UK, focused on international operations. His career also includes roles in general management, strategy, and M&A both in industry and during 10 years with PricewaterhouseCoopers. Mr. Smales is a member of the Institute of Chartered Accountants in England and Wales and has a BA (Honours) degree from the University of Newcastle-Upon-Tyne in England.

Paula Palma

Ms. Paula Palma is Executive Vice President and Chief People and Information Officer of the Company since June 2014. Ms. Palma oversees Aecon’s human resources, procurement, equipment fleet, and information technology departments. Ms. Palma joined Aecon as Chief Information Officer in October 2012, and brings more than two decades of extensive experience in Information Technology, Operational Management and Management Consulting. She held senior executive roles in London, Paris and Amsterdam with a variety of global organizations, including Vice President Solutions and New Markets at British Telecom, COO at ATOS ORIGIN, Chief Information Officer and Board Member of VERTEX Data (2008-2011) and Managing Partner of VPX Consulting (2011-2012). Ms. Palma received her undergraduate degree at the University of Toronto, her MBA at McGill University, and a Global Executive MBA at INSEAD Paris. She is a member of the International Institute of Marketing, the UK Institute of Directors, and the UK Financial Services Authority.

L. Brian Swartz

Mr. L. Brian Swartz is Executive Vice President - Legal and Commercial Services, Corporate Secretary of Aecon Group Inc., He has served as Executive Vice-President Legal and Commercial and Corporate Secretary of Aecon since June 2012 and Senior Vice-President, Legal and Commercial Services from June 2006 to June 2012. He has been with Aecon since 1997. Mr. Swartz is Chair of the Aecon Project Review Committee, a member of the Executive Committee and serves on the majority of the boards of directors for its wholly owned subsidiaries. Mr. Swartz has executive responsibility for managing a broad portfolio of corporate services including legal, corporate secretarial, risk management, bonding, office/facility services, and strategic planning services to the Aecon group of companies. He has been actively involved in many major infrastructure initiatives throughout the world. He is Past Chair of the CBAO Construction Law Executive. He is a member of the Board of Directors of the Canadian Employers Council and the Canadian Construction Association. Mr. Swartz is also a member of the Editorial Board of the International Journal of Corporate Counsel (London UK). Mr. Swartz earned his LLB from Osgoode Hall Law School in 1981 and in 2003 received a Cert. Arb from University of Windsor Law School and a certificate in Advanced Management from the Schulich School of Business, York University.

Terrance McKibbon

Mr. Terrance L. McKibbon is Director of Aecon Group Inc. As President and Chief Executive Officer of Aecon Group Inc., Terrance L. McKibbon, ICD.D is at the forefront of one of Canada’s leading construction and infrastructure development companies. Under his leadership, Aecon remains a partner of choice for complex, interdisciplinary mega projects. More than 30 years’ experience integrating and managing construction-related companies has provided Mr. McKibbon with demonstrated expertise in, and a comprehensive understanding of, the diversity and complexity of Aecon’s operating environment. He has been with the company since 1996. Named to the role of Chief Executive Officer in June 2014, and President in June 2013, Mr. McKibbon has held successive positions within Aecon, including Chief Operating Officer (2011) and Executive Vice President and CEO of Aecon’s Infrastructure division (2005). He has been a member of the Executive Committee of Aecon Group Inc. since 2006. In addition to being a member of the Aecon Board of Directors, Mr. McKibbon is a Trustee for Northview Apartment REIT and serves on the Governance Compensation and Nomination Committee. Mr. McKibbon is also a former Trustee of the Operating Engineers Training Fund and a member of the Canadian Council of Chief Executives. He is a former Trustee of the Labourers’ International Union of North America (Washington D.C.), and former President of both the Pipeline Contractors Association of Canada and the Ontario Hot Mix Producers Association. He has also served as a Board member of the Ontario Road Builders Association and the Utility Contractors Association of Ontario. Mr. McKibbon is certified by the Canadian Construction Association as a Gold Seal Project Manager.

Michael Butt

Mr. Michael A. Butt is Independent Director of Aecon Group Inc. He is the Chairman and Chief Executive Officer of Buttcon Limited (“Buttcon”), general contractors, and is Executive Chairman of Buttcon Energy Inc. Mr. Butt has been a member of the Board of Directors since 1994. Mr. Butt has a Bachelor of Applied Science in Civil Engineering from the University of Toronto. Shortly after the transfer in 1996 of Pearson Airport from the Federal Government to the Greater Toronto Airports Authority (“GTAA”), Mr. Butt was elected Chairman of the Board of Directors of the GTAA and remained in that capacity until December 2004. Mr. Butt is a Fellow of The Canadian Society for Civil Engineering and a Fellow of the Canadian Design Build Institute. He was also honoured with the Hall of Distinction award from the University of Toronto Engineering Alumni Association.

Joseph Carrabba

Mr. Joseph A. Carrabba is Independent Director of Aecon Group Inc., with effect from July 15, 2013. He is the former Chairman, President and Chief Executive Officer of Cliffs Natural Resources Inc., where he served in executive capacities from 2005 to 2013. Prior to joining Cliffs Natural Resources Inc., Mr. Carrabba gained broad experience in the mining industry throughout Canada, the United States, Asia, Australia and Europe. He served for over 20 years in a variety of leadership capacities at Rio Tinto, a global mining company, including as President and Chief Operating Officer of Rio Tinto’s Diavik Diamond Mines, Inc. in the Northwest Territories, Canada. Mr. Carrabba holds a Bachelor of Arts from Capital University in Ohio and a Master of Business Administration from Frostburg State University in Maryland.

Anthony Franceschini

Mr. Anthony P. Franceschini is an Independent Director of Aecon Group Inc., since March 3, 2009. He is a graduate of the Civil Engineering program at the University of Waterloo and has established an accomplished career in the consulting, engineering and design industry. Mr. Franceschini is the retired President and Chief Executive Officer of Stantec Inc., a Toronto Stock Exchange listed issuer specializing in providing professional consulting services in, among others, planning, engineering, architecture, interior design, project management and project economics for infrastructure and facilities projects. Mr. Franceschini joined Stantec Inc. in 1978 and was instrumental in the growth of the company into a 10,000-person professional services firm, serving as President and Chief Executive Officer from June 1, 1998 to May 14, 2009.

James Hole

Mr. James D. Hole is Independent Director of Aecon Group Inc. He became a director of Aecon following the completion of the acquisition of Lockerbie & Hole Inc. (“Lockerbie”). Mr. Hole graduated with a Bachelor of Engineering Science degree from the University of Western Ontario in 1967 and joined Lockerbie as a Project Manager in 1969. During his career with Lockerbie, Mr. Hole worked in various positions and helped lead Lockerbie into new territories and markets, including the industrial and municipal market sectors. Mr. Hole was the President and Chief Executive Officer of Lockerbie from 1994 to April 2005 and during that time played an integral part in Lockerbie’s growth and prosperity.

Susan Jenah

Ms. Susan Wolburgh Jenah is Independent Director of the Company. She is a corporate director and lawyer by training. She brings over 30 years of domestic and international regulatory experience as well as capital markets and financial services industry knowledge. Ms. Wolburgh Jenah served as the founding President and CEO of the Investment Industry Regulatory Organization of Canada (IIROC) until October 2014, leading the merger of the Investment Dealers Association of Canada (IDA) and Market Regulation Services Inc. to create IIROC in 2008. Prior to joining the IDA in 2007 as President and CEO, she held numerous executive roles at the Ontario Securities Commission from 1983-2007 including Vice-Chair and Head of International Affairs. Ms. Wolburgh Jenah is a director of the Laurentian Bank of Canada, is a member of the Board of Governors of the U.S. Financial Industry Regulatory Authority (FINRA), and is Chair of the Board of the Aequitas NEO Exchange. She is currently Chair of the initial Board of the Ontario Retirement Pension Plan Administration Corporation (ORPPAC). She also serves on the Humber River Hospital Board as well as on the Board of the Global Risk Institute.

Monica Sloan

Ms. Monica E. Sloan is Independent Director of Aecon Group Inc., with effect from June 11, 2013. She is the Managing Director of JKS Holdings Ltd., a private operating and investment business and is the former Chief Executive Officer and Managing Director of Intervera Ltd., a data quality product and solutions firm servicing the energy and utilities industry. Prior to Intervera, Ms. Sloan was an Independent Strategy and Management Consultant for ME Sloan Associates focused on the Canadian energy, oil and gas sector. Ms. Sloan also served as director of Methanex Corporation, the world’s largest supplier of methanol, from 2003 to 2016. Ms. Sloan also served as President of Kelman Technologies from 1997 to 1999 and was founding President of Telus Advanced Communications from 1994 to 1997. Ms. Sloan currently serves as a director on the Balancing Pool established by the Government of Alberta and holds a Master of Engineering from Stanford University and a Master of Business Administration from Harvard Business School.

Basic Compensation

Name Fiscal Year Total

Brian Tobin

273,500

John Beck

3,587,780

David Smales

1,908,060

Paula Palma

1,924,710

L. Brian Swartz

1,011,920

Terrance McKibbon

3,630,610

Michael Butt

224,500

Joseph Carrabba

205,500

Anthony Franceschini

221,500

James Hole

206,500

Susan Jenah

--

Monica Sloan

198,500
As Of  30 Dec 2015