People: Alterra Power Corp (MGMXF.PK)
MGMXF.PK on OTC Markets Group - US Other OTC and Grey Market
0.31USD
22 May 2013
0.31USD
22 May 2013
Price Change (% chg)
$-0.03 (-7.73%)
$-0.03 (-7.73%)
Prev Close
$0.33
$0.33
Open
$0.33
$0.33
Day's High
$0.33
$0.33
Day's Low
$0.31
$0.31
Volume
103,500
103,500
Avg. Vol
52,746
52,746
52-wk High
$0.61
$0.61
52-wk Low
$0.26
$0.26
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Ross Beaty |
62 | 2011 | Executive Chairman of the Board |
John Carson |
2011 | Chief Executive Officer | |
Donald McInnes |
48 | 2011 | Executive Vice Chairman of the Board |
Lynda Freeman |
2013 | Interim Chief Financial Officer | |
Bruce Ripley |
2011 | Chief Operating Officer | |
Rupert Legge |
2011 | Executive Vice President - Legal, Corporate Secretary | |
Monte Morrison |
2010 | Vice President - Operations, Country Manager, United States | |
Catherine Hickson |
Vice President - Exploration, Chief Geologist | ||
Anders Kruus |
2011 | Interim Vice President - Corporate Relations | |
Paul Rapp |
2011 | Vice President - Wind Power | |
Jay Sutton |
2011 | Vice President - Hydro Power | |
Walter Segsworth |
63 | 2011 | Lead Independent Director |
James Bruce |
2012 | Director | |
Paul Sweeney |
64 | 2008 | Director |
David Cornhill |
60 | 2008 | Independent Director |
Donald Shumka |
71 | 2008 | Independent Director |
Biographies
| Name | Description |
|---|---|
Ross Beaty |
Mr. Ross J. Beaty is Executive Chairman of the Board of Alterra Power Corp. Mr. Beaty is a geologist and resource company entrepreneur with more than 37 years of experience in the international minerals industry. Mr. Beaty is the founder of Pan American Silver Corp. and has served as its Chairman since 1994. Mr. Beaty also founded and guided a number of other junior resource development companies to sale to producers. Mr. Beaty is a past President of the Silver Institute in Washington, D.C., a Fellow of the Geological Association of Canada and the Canadian Institute of Mining, and a recipient of the Institute’s Past President’s Memorial Medal. In 2007, Mr. Beaty received the Colin Spence Award from the Association of Mineral Exploration of B.C. for excellence in global mineral exploration and in 2008, Mr. Beaty received the Mining Person of the Year award from the Mining Association of B.C. and the Ernst & Young Natural Resource Entrepreneur of the Year award. Mr. Beaty is a supporter of environmental projects such as the Beaty Biodiversity Centre of the University of British Columbia and he is a board member of the Nature Trust of British Columbia. |
John Carson |
Mr. John Carson is Chief Executive Officer of Alterra Power Corp since September 1, 2011. Mr. Carson has been former Executive Vice President of Alterra from February to August 2011; former Senior Vice President - Project Finance of Noble Environmental Power from July 2009 to February 2011; former Senior Vice President – Finance / Consultant of Terra-Gen Power LLC from May 2008 to July 2009; former Vice President and Senior Vice President – Renewable Energy of GE Financial Services, Inc. from March 2006 to May 2008. His education includes a Master of Business Administration from the University of Chicago Booth School of Business and a Bachelor of Science from Purdue University. |
Donald McInnes |
Mr. Donald A. McInnes is Executive Vice Chairman of the Board of Alterra Power Corp since May 13, 2011. He was the founder, Vice Chair and CEO of Plutonic Power Corporation, a British Columbia-based renewable power development company with a broad portfolio of clean energy projects. Donald currently serves as Vice Chair of Clean Energy Association of British Columbia and is a director of Prostate Cancer Canada, the Powell River Economic Development Society, the Duke of Edinburgh's Award-British Columbia and Yukon Division and is a Governor of the British Columbia Business Council. He was a participant in the inaugural year (2010) of the SFU Leadership Exchange Program for the Industry Council for Aboriginal Business and was bestowed a Doctor of Technology honoris causa from the BC Institute of Technology in 2009. He was a finalist for the 2008 Ernst and Young Entrepreneur of the Year Award. McInnes is a frequent public speaker and contributor to the debate on public policy and the integration and value of clean power. |
Lynda Freeman |
Ms. Lynda Freeman has been appointed as the Interim Chief Financial Officer of Alterra Power Corp. Ms. Freeman originally joined the company as Corporate Controller in May 2010 and was appointed Director of Finance for Alterra in July 2011. Prior to this, she spent over ten years with PricewaterhouseCoopers in the United Kingdom, Australia and Canada. Ms. Freeman earned her BA Honours degree in Accountancy and Law at Oxford Brookes University and is a UK qualified Chartered Accountant (ACA). |
Bruce Ripley |
Dr. Bruce D. Ripley is Chief Operating Officer of Alterra Power Corp since May 13, 2011. He has been President and Chief Operating Officer of Plutonic since April 2010; former Chief Executive Officer of Toba Montrose General Partnership from October 2008 to February 2011; former President and Chief Operating Officer of Plutonic from October 2007 to August 2009; former Executive Vice President, Operations of Plutonic from March 2007 to October 2007; former Vice President, Engineering of BC Hydro from 2004 to 2006. He has a Bachelor of Applied Science (Civil) from the University of British Columbia, and Master and Doctor of Engineering degrees (Civil) from the University of California. |
Rupert Legge |
Mr. Rupert A. Legge, LL.B., is Executive Vice President - Legal, Corporate Secretary of Alterra Power Corp since May 13, 2011. He has been Executive Vice President, Corporate and Legal Affairs of Plutonic since October 2008; former Senior Vice President, Legal Affairs of Plutonic from January 2008 to October 2008; former lawyer with Miller Thomson LLP from 2004 to 2007. Mr. Legge holds a Bachelor of Business Administration degree from the University of Oregon and a Bachelor of Law degree from the University of British Columbia. |
Monte Morrison |
Mr. Monte C. Morrison is Vice President - Operations, Country Manager, United States of Alterra Power Corp., since June 2, 2010. He is former Vice-President Operations (Soda Lake) from December 2008 to June 2010; former Director of Operations, Renewable Assets at Constellation Energy Corp from 2003 to 2008. |
Catherine Hickson |
Dr. Catherine Hickson is Vice President - Exploration, Chief Geologist of Alterra Power Corp. She is former senior Research Scientist, Natural Resources Canada (Geological Survey of Canada), Subdivision head (GSC Vancouver) and Program manager from June 1988 to October 2008. |
Anders Kruus |
Mr. Anders Kruus is Interim Vice President - Corporate Relations of Alterra Power Corp since February 2011. He is Managing Director, Lily Point LLC since January 2009; former Chief Financial Officer, Stanton Northwest from September 2006 to December 2008; former Vice-President, Capital Markets, Wilkinson Corp. from January 2004 to August 2006. |
Paul Rapp |
Mr. Paul Rapp is Vice President - Wind Power of Alterra Power Corp since May 2011. He is General Manager of DGP since February 2011; Vice-President, Wind Power of Plutonic from January 2011 to May 2011; previously Director, Construction of Plutonic from February 2008 to December 2010; Senior Manager, BC Hydro from 1987 to January 2008. |
Jay Sutton |
Mr. Jay Sutton is Vice President - Hydro Power of Alterra Power Corp., since May 2011. He is General Manager of TMGP since February 2011; Vice-President, Hydro Power of Plutonic from January 2011 to May 2011; previously Project Director for TMGP from May 2010 to January 2011; Senior Project Manager, Worley Parsons Engineering from January 2006 to May 2010. |
Walter Segsworth |
Mr. Walter T. Segsworth is Lead Independent Director of Alterra Power Corp since May 13, 2011. He earned a Bachelor of Science degree in Mining Engineering from Michigan Technological University in 1971, and is a registered Professional Engineer in British Columbia. For the first two decades of his career he worked in various technical and operations positions. In 1990 he became President, Chief Executive Officer and a director of Westmin Resources, and in 1998 he became President, Chief Operating Officer and a director of Homestake Mining Company. During his tenures at Westmin Resources and Homestake Mining Company he dealt with financial reporting and carried the ultimate responsibility for the content of the companies’ financial statements. Since his retirement from Homestake Mining Company in 2002, Mr. Segsworth has been engaged almost entirely in serving on the boards of companies in the resource sector (currently four) and has been a member of several audit committees. Mr. Segsworth also serves on the board of Science World, where he is a member of the audit committee. |
James Bruce |
Mr. James M. I. Bruce has been appointed as Director of Alterra Power Corp., effective July 3, 2012. Mr. Bruce is a senior partner of Capital West Partners, a private Vancouver-based investment banking firm specializing in investment advisory services. He is well-known as both a financial and business leader and has served widely in public and private companies, crown corporations and not-for-profit organizations, most recently as Vice-Chairman of southern BC's transporation authority and Chair of the 2010 Games Operating Trust. Mr. Bruce is a mechanical engineer and certified management accountant. |
Paul Sweeney |
Mr. Paul B. Sweeney is Director of Alterra Power Corp. Mr. Sweeney has over 35 years experience in financial management of mining and renewable energy companies. He is currently the President of Plutonic Power Corporation, a run-of-river hydro developer and a director of Pan American Silver Corp. Mr. Sweeney has a track record of success with project finance. Most recently, from 2002 to 2005 he served as Vice-President and Chief Financial Officer of Canico Resource Corp. (“Canico”) where he was responsible for, among other things, arranging project financing for the Onça-Puma Nickel Project. Financing of the project was well underway and Mr. Sweeney was the Vice-President and Corporate Secretary of Manhattan Minerals Corp. from 1999 to 2002 and, from 1998 to 1999, Mr. Sweeney was the Vice-President and Chief Financial Officer for Sutton Resources Ltd. where he had arranged the debt financing for the Bulyanhulu gold mine in Tanzania prior to the acquisition of Sutton Resources Ltd. by Barrick Gold Corp. He is currently a director of Polaris Minerals Corporation, New Gold Inc. and Pan American Silver Corp., where he chairs their audit committee. He is Management Consultant since January 2011. |
David Cornhill |
Mr. David W. Cornhill is Independent Director of Alterra Power Corp. Mr. Cornhill graduated from the University of Western Ontario in 1977 with a Bachelor of Science (Hons.), and in 1980 with an Masters of Business Administration. Mr. Cornhill is the founder of AltaGas Income Trust (previously AltaGas Services Inc.) and has served as its Chairman and Chief Executive Officer since 1994. Mr. Cornhill founded and built one of the first midstream companies in Canada and then expanded its reach into natural gas extraction and transmission, power generation, including a focus on renewable energy sources and energy services. In 2000, Mr. Cornhill was named Energy Entrepreneur of the Year by Ernst & Young. Mr. Cornhill has held executive and senior positions, including Vice-President, Finance and Administration, Treasurer, President and Chief Operating Officer, of Alberta and Southern Gas Co. Ltd. In the 1980’s Mr. Cornhill managed economic valuations and capital for Gulf Canada. Mr. Cornhill is a director of Heritage Gas Limited, the Ivey Advisory Board, West Island College Society and several private company boards and is a supporter of the United Way. |
Donald Shumka |
Mr. Donald Myron Shumka is Independent Director of Alterra Power Corp. He graduated from the University of British Columbia with a B.A. in 1964 and from Harvard University with an MBA in 1966. From 1976 to 1979, Mr. Shumka worked in various positions in the forest industry. From 1979 to 1989 he was Vice-President and Chief Financial Officer of West Fraser Timber Co. Ltd., and from 1989 to 2004 he headed the Forest Products Group for two Canadian investment banks. Mr. Shumka was the Managing Director of Raymond James Ltd. until 2004, and he is currently the President of Walden Management Ltd., a private management company, and a director of Eldorado Gold Corporation, Paladin Energy Ltd., Lumina Copper Corp and Anfield Nickel Corp. Mr. Shumka is also active in the not-forprofit sector. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Ross Beaty |
-- |
John Carson |
446,289 |
Donald McInnes |
-- |
Lynda Freeman |
-- |
Bruce Ripley |
357,964 |
Rupert Legge |
265,004 |
Monte Morrison |
-- |
Catherine Hickson |
284,500 |
Anders Kruus |
-- |
Paul Rapp |
-- |
Jay Sutton |
239,096 |
Walter Segsworth |
-- |
James Bruce |
-- |
Paul Sweeney |
-- |
David Cornhill |
-- |
Donald Shumka |
-- |
As Of 29 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Ross Beaty |
0 | 0 |
John Carson |
0 | 0 |
Donald McInnes |
0 | 0 |
Lynda Freeman |
0 | 0 |
Bruce Ripley |
0 | 0 |
Rupert Legge |
0 | 0 |
Monte Morrison |
0 | 0 |
Catherine Hickson |
0 | 0 |
Anders Kruus |
0 | 0 |
Paul Rapp |
0 | 0 |
Jay Sutton |
0 | 0 |
Walter Segsworth |
0 | 0 |
James Bruce |
0 | 0 |
Paul Sweeney |
0 | 0 |
David Cornhill |
0 | 0 |
Donald Shumka |
0 | 0 |

