Natural Resources
November 29, 2016

The following statement was given today in the House of Assembly by the Honourable Siobhan Coady, Minister of Natural Resources:

Minister Announces Appointments to Nalcor Energy Board of Directors

Mr. Speaker, I am pleased to announce appointments to the Board of Directors of Nalcor Energy, based on a list of recommendations provided by the Independent Appointments Commission.

The board’s new chair is Brendan Paddick, who was born in Grand Falls-Windsor and is a renowned CEO and corporate director. He is the founder and former Chairman and Chief Executive Officer of Columbus International Inc., a diversified telecommunications company which merged in March 2015 with Cable & Wireless Communications PLC in a transaction that valued Columbus at over CDN$4.4 billion. In November 2015, Liberty Global PLC announced a transaction to acquire Cable & Wireless for an enterprise value of approximately CDN$11.1 billion.

Mr. Paddick has accumulated many awards during his career, including being named one of Canada’s Top 40 Under 40 in 2000 and Ernst & Young’s Atlantic Canadian Business-to-Business Entrepreneur of the Year in 2011.

In addition to Mr. Paddick, I welcome the following outstanding appointments to the board:

  • John Green, QC
  • Ann Marie Hann
  • Christopher Hickman
  • Jack Hillyard
  • Mark MacLeod
  • Brian Maynard
  • Debbie Molloy
  • David Oake
  • Dr. Edna Turpin
  • Stan Marshall

Collectively, these directors have a wealth of knowledge, experience and competency in such areas as corporate governance, audit, finance, law and business management. As a board, they will help develop Nalcor Energy and all its lines of business in the best interest of the province.‎ Also, to add to the depth and breadth of the board, the Independent Appointments Commission has been asked to bring forward additional recommendations of persons for consideration by government who have an intimate knowledge and understanding of Labrador issues and Indigenous people.

I would like to thank the interim board for the work they have done over the past several months. I would also like to thank the Independent Appointments Commission. Together, we are ensuring Nalcor Energy has a highly qualified Board of Directors to realize maximum benefit for the people of the province.

Thank you.

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2016 11 29                              1:50 p.m.