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Algonquin Power & Utilities Corp (AQN.TO)

AQN.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

Kenneth Moore

59 2011 Independent Chairman of the Board

Ian Robertson

58 2010 Chief Executive Officer, Director

Christopher Jarratt

59 2009 Vice Chairman of the Board

David Bronicheski

58 2009 Chief Financial Officer

George Trisic

57 2016 Chief Administrative Officer, Corporate Secretary

Jefferey Norman

49 2015 Chief Development Officer

David Pasieka

61 2016 Chief Operating Officer of APUC's Liberty Utilities Group

Michael Snow

57 2017 Chief Operating Officer of APUC's Liberty Power Group

Jennifer Tindale

46 2017 Chief Legal Officer

Christopher Ball

67 2009 Independent Director

Melissa Barnes

50 2016 Independent Director

David Laney

63 2017 Independent Director

Masheed Saidi

63 2014 Independent Director

Dilek Samil

62 2014 Independent Director

George Steeves

68 2009 Independent Director

Alison Holditch

2017 IR Contact Officer

Biographies

Name Description

Kenneth Moore

Mr. Kenneth Moore serves as Independent Chairman of the Board of Algonquin Power & Utilities Corp. He is the Managing Partner of NewPoint Capital Partners Inc., an investment banking firm. From 1993 to 1997, Mr. Moore was a senior partner at Crosbie & Co., a Toronto mid-market investment banking firm. Prior to investment banking, he was a Vice-President at Barclays Bank where he was responsible for a number of leveraged acquisitions and restructurings. Mr. Moore holds the Chartered Financial Analyst designation. He has also completed the Chartered Director program of the Directors College (McMaster University) and holds the certification of C. Dir. (Chartered Director).

Ian Robertson

Mr. Ian E. Robertson serves as Chief Executive Officer, Director of Algonquin Power and Utilities Corp. He is the Chief Executive Officer of the Corporation. Mr. Robertson is a founder and principal of Algonquin Power Corporation Inc., a private independent power developer formed in 1988 which was a predecessor organization to Algonquin. Mr. Robertson has over 25 years of experience in the development of electric power generating projects and the operation of diversified regulated utilities. Mr. Robertson is an electrical engineer and holds a Professional Engineering designation through his Bachelor of Applied Science degree awarded by the University of Waterloo. Mr. Robertson earned a Master of Business Administration degree from York University, a Global Professional Master of Laws degree from the University of Toronto, and holds a Chartered Financial Analyst designation. Additionally, he has completed the Chartered Director program of the Directors College (McMaster University) and holds the certification of C. Dir. (Chartered Director). Since 2013, Mr. Robertson has served on the board of directors of the American Gas Association.

Christopher Jarratt

Mr. Christopher K. (Chris) Jarratt serves as Vice Chairman of the Board of Algonquin Power & Utilities Corp. He is a founder and principal of Algonquin Power Corporation Inc., a private independent power developer formed in 1988 which is the predecessor organization to the Corporation. Between 1997 and 2009, Mr. Jarratt was a principal in Algonquin Power Management Inc. which managed Algonquin Power Company (formerly Algonquin Power Income Fund). Mr. Jarratt has over 25 years of experience in the independent electric power and utility sectors. Mr. Jarratt earned an Honours Bachelor of Science degree from the University of Guelph in 1981 specializing in water resources engineering and holds an Ontario Professional Engineering designation. Mr. Jarratt completed the Chartered Director program of the Directors College (McMaster University) in 2009 and holds the certification of C. Dir. (Chartered Director). Mr. Jarratt was co-recipient of the 2007 Ernst & Young Entrepreneur of the Year finalist award.

David Bronicheski

Mr. David J. Bronicheski serves as Chief Financial Officer of Algonquin Power & Utilities Corp. since October 27, 2009. He has held various senior management positions including Executive Vice President and CFO of a publicly traded income trust providing local telephone, cable television and internet service. He was also CFO for a large public hospital in Ontario. Mr. Bronicheski holds a Bachelor of Arts in economics (cum laude), a Bachelor of Commerce degree and an MBA (University of Toronto, Rotman School of Management). He is also a Chartered Accountant and a Chartered Professional Accountant.

George Trisic

Mr. George Trisic serves as Chief Administrative Officer, Corporate Secretary of Algonquin Power & Utilities Corp. He has broad experience managing in high growth, start up and expanding businesses across multiple sites and regions. In his role, Mr. Trisic is responsible for shared services for the Corporation including information technology, human resources, communications, and procurement, and is a well-regarded team builder and business partner. His skill set includes leading multi-functional groups in finance, human resources, legal, and information technology in a senior role. Mr. Trisic holds a Bachelor of Laws Degree from the University of Western Ontario. Additionally, he has completed the Chartered Director program of the Directors College (McMaster University) and has the certification of Ch. Dir. (Chartered Director).

Jefferey Norman

Mr. Jefferey (Jeff) Norman serves as Chief Development Officer of the company. He is serving in this role since 2008. He was appointed to the APUC executive team in 2015. Mr. Norman co-founded the Algonquin Power Venture Fund in 2003 and served as President until it was acquired by APCo in 2008. Since 2008 the business development team has secured over 1 gigawatt of commercially secure renewable energy projects. Mr. Norman has over 24 years of experience and has reviewed the economic merits of hundreds of renewable energy projects located throughout North America.

David Pasieka

Mr. David Pasieka serves as Chief Operating Officer of APUC's Liberty Utilities Group., subsidiary of the company. As Chief Operating Officer, Mr. Pasieka is focused on acquiring and managing a portfolio of regulated water, natural gas and electrical companies throughout the United States. The focus of the portfolio is in the distribution, transmission, and generation sectors. Mr. Pasieka has global experience in strategy, sales, marketing, integration, operations and customer service. He has led many organizations while integrating people, process and technology to encourage the steady growth of the organizations. Mr. Pasieka holds a Bachelor of Science Degree from the University of Waterloo, Masters of Business Administration from the Schulich School of Business – York University and a Chartered Director designation from McMaster University.

Michael Snow

Mr. Michael (Mike) Snow serves as Chief Operating Officer of APUC's Liberty Power Group., a subsidiary of the Company. He is responsible for all aspects of strategy, business development, operations, asset management, human resources, and evaluating and reporting on growth and operational activities. Mike has led both industrial and consumer organizations focused on growth and international operations in Mexico, South America, and Asia, while driving culture change and building strong leadership teams. Mike holds a Bachelor of Science Degree in Math from Dalhousie University, a Bachelor of Engineering Degree (Mechanical) from the Technical University of Nova Scotia, and a Masters of Business Administration from the Ivey School of Business - Western University. Mike received his Chartered Director designation from McMaster University in 2014 and sits on the Board of Governors of the University of Ontario Institute of Technology.

Jennifer Tindale

Ms. Jennifer Tindale serves as Chief Legal Officer of the company. Ms. Tindale has over 20 years of experience advising public companies on acquisitions, dispositions, mergers, financings, corporate governance and disclosure matters. From July, 2011 to February, 2017, Ms. Tindale was the Executive Vice President, General Counsel & Secretary at a cross-listed real estate investment trust. Prior to that, she was Vice President, Associate General Counsel & Corporate Secretary at a public Canadianbased pharmaceutical company and before that she was a partner at a top tier Toronto law firm, practising corporate securities law. Ms. Tindale holds a Bachelor of Arts and a Bachelor of Laws from the University of Western Ontario.

Christopher Ball

Mr. Christopher J. Ball serves as Independent Director of Algonquin Power & Utilities Corp. He is the Executive Vice President of Corpfinance International Limited, and President of CFI Capital Inc., both of which are boutique investment banking firms. From 1982 to 1988, Mr. Ball was Vice President at Standard Chartered Bank of Canada with responsibilities for the Canadian branch operations. Prior to that, Mr. Ball held various managerial positions with the Canadian Imperial Bank of Commerce. He is also a member of the Hydrovision International Advisory Board, was a director of Clean Energy BC, and is a recipient of the Clean Energy BC Lifetime Achievement Award. Mr. Ball has completed the director education program of the Institute of Corporate Directors and holds the ICD.D designation.

Melissa Barnes

Ms. Melissa Stapleton Barnes serves as Independent Director of the Company. She has been Senior Vice President, Enterprise Risk Management, and Chief Ethics and Compliance Officer for Eli Lilly and Company (“Eli Lily”) since January 2013. Ms. Barnes is an executive officer and a member of Eli Lilly’s executive committee, reporting directly to the CEO and board of directors. Previous roles include Vice President, Deputy General Counsel from 2012 to 2013; and General Counsel, Lilly Diabetes and Lilly Oncology and Senior Director and Assistant General Counsel from 2010 to 2012. Ms. Barnes holds a Bachelor of Science in Political Science & Government (highest distinction) from Purdue University and a Juris Doctorate from Harvard Law School. Ms. Barnes is a member of Ethisphere - Business Ethics Leadership Alliance; CEB, Corporate Ethics Leadership Council; Conference Board, Global Council on Business Conduct; Healthcare Businesswomen’s Association, and is a Licensed Attorney with the Indiana State Bar. Ms. Barnes’ other board positions include The Center for the Performing Arts (Vice Chair), Visit Indy, The Children’s Museum, and The Great American Songbook Foundation.

David Laney

Mr. David Randy Laney serves as Independent Director of the company. He was most recently Chairman of the board of The Empire District Electric Company (“Empire”). He joined the Empire board in 2003 and served as the Non-Executive Vice Chairman from 2008 to 2009 and Non-Executive Chairman from April 23, 2009, until APUC's acquisition of Empire on January 1, 2017. Mr. Laney, semi-retired since 2008, held numerous senior level positions with both public and private companies during his career, including 23 years with Wal-Mart Stores, Inc. in various executive positions including Vice President of Finance, Benefits and Risk Management and Vice President of Finance and Treasurer. In addition, Mr. Laney has provided strategic advisory services to both private and public companies and served on numerous profit and non-profit boards. Mr. Laney brings significant management and capital markets experience, and strategic and operational understanding to his position on the APUC Board.

Masheed Saidi

Ms. Masheed H. Saidi serves as Independent Director of the Company. She has over 30 years of operational and business leadership experience in the electric utility industry. Prior to 2018, Ms. Saidi was an Executive Consultant with the Energy Initiatives Group, a specialized group of experienced professionals that provide technical, commercial and business consulting services to utilities, ISOs, government agencies and other organizations in the energy industry. Between 2005 and 2010, Ms. Saidi was the Chief Operating Officer and Executive Vice President of U.S. Transmission for National Grid USA, for which she was responsible for all aspects of its U.S. transmission business. Ms. Saidi previously served on the board of directors of the Northeast Energy and Commerce Association and served as chair of the board for the non-profit organization Mary’s Shelter. Ms. Saidi earned her Bachelors in Power System Engineering from Northeastern University and her Masters of Electrical Engineering from the Massachusetts Institute of Technology. Ms. Saidi is a Registered Professional Engineer (P.E.).

Dilek Samil

Ms. Dilek L. Samil serves as Independent Director of Algonquin Power & Utilities Corp., since October 1, 2014. She has over 30 years of finance, operations and business experience in both the regulated energy utility sector as well as wholesale power production. Ms. Samil joined NV Energy as Chief Financial Officer and retired as Executive Vice President and Chief Operating Officer. Prior to her role at NV Energy, Ms. Samil gained considerable experience in generation and system operations as President and Chief Operating Officer for CLECO Power. Ms. Samil also served as CLECO’s Chief Financial Officer and led the company’s efforts in the restructuring of its wholesale and power trading activities. Prior to NV Energy and Cleco, Ms. Samil spent close to 20 years at NextEra where she held positions of increasing responsibility, primarily in the finance area. Ms. Samil holds a Bachelor of Science from the City College of New York and a Masters of Business Administration from the University of Florida.

George Steeves

Mr. George L. Steeves serves as Independent Director of Algonquin Power & Utilities Corp., since October 27, 2009. He is a senior consultant to True North Energy, an energy consulting firm specializing in the provision of technical and financial due diligence services for renewable energy projects. From January 2001 to April 2002, Mr. Steeves was a division manager of Earthtech Canada Inc. Prior to January 2001, he was the President of Cumming Cockburn Limited, an engineering firm. Mr. Steeves has extensive financial expertise in acting as a chair, director and/or audit committee member of public and private companies, including the Corporation, and formerly Borealis Hydroelectric Holdings Inc. and KMS Power Income Fund. Mr. Steeves received a Bachelor and Masters of Engineering from Carleton University and holds the Professional Engineering designation in Ontario and British Columbia. Additionally, he has completed the Chartered Director program of the Directors College (McMaster University) and holds the certification of C. Dir. (Chartered Director).

Alison Holditch

Basic Compensation