Executive Council
Natural Resources
April 22, 2016

Responsible Management of Investments in Newfoundland and Labrador

Premier and Minister Announce Interim Board of Directors for Nalcor Energy

The Honourable Dwight Ball, Premier of Newfoundland and Labrador, and the Honourable Siobhan Coady, Minister of Natural Resources, have appointed five members to comprise the Interim Board of Directors for Nalcor Energy. The appointments are effective 5:00 p.m. today (Friday, April 22).

The naming of the Interim Board of Directors follows the receipt of notice of resignation from Nalcor Energy's standing Board of Directors.

"We are pleased that these five individuals have agreed to serve on the Interim Board of Directors for Nalcor Energy. We are confident that members will provide the strong leadership necessary to support the governance and development of Nalcor Energy and all its lines of business."
- The Honourable Dwight Ball, Premier of Newfoundland and Labrador

The interim chair of the board will be John Green, Q.C., who brings significant experience in the oil and gas, electricity, mining and forestry sectors to the role. Mr. Green has resigned from his position at McInnes Cooper and will take on the position of Interim chair. Other members of the board are Donna Brewer, Heather Jacobs, Q.C., Dr. Chris Loomis, and H. Stan Marshall (CEO of Nalcor Energy). Biographies of all board members can be found in the backgrounder below.

Mr. Green and Dr. Loomis join the interim board after having served on subsidiary boards at Nalcor Energy, adding continuity and experience with the corporation.

"The members appointed to this interim board of directors bring the skills and capabilities needed at this time. They bring a wealth of knowledge in areas such as corporate governance, auditing, law and business management - all of which will be directed toward supporting the work of Nalcor Energy, including the efforts underway to get the Muskrat Falls Project back on track. The appointment of the interim board is an important part of our government's work as we continue with the implementation of the recommendations from the EY interim report."
- The Honourable Siobhan Coady, Minister of Natural Resources

The permanent board will be named following the passing of Bill 1 - an Act to Establish an Independent Appointments Commission and to require a merit-based process for various appointments - in the House of Assembly, when the five person commission is in place.

This will be a public process where individuals interested in applying will have the opportunity to do so.

QUICK FACTS

  • The Honourable Dwight Ball, Premier of Newfoundland and Labrador, and the Honourable Siobhan Coady, Minister of Natural Resources, have appointed five members to comprise the Interim Board of Directors for Nalcor Energy. The appointments are effective 5:00 p.m. today.
  • The interim chair of the board will be John Green, Q.C., who brings significant experience in the oil and gas, electricity, mining and forestry sectors to the role. Other members are Donna Brewer, Heather Jacobs, Q.C., Dr. Chris Loomis and H. Stan Marshall (CEO of Nalcor Energy).
  • The permanent board will be named following the passing of Bill 1 in the House of Assembly, when the five person commission is in place. This will be a public process where individuals interested in applying will have the opportunity to do so.

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Media contacts:

Nancy O'Connor
Director of Communications
Office of the Premier
709-689-1825
nancyoconnor@gov.nl.ca 		Diana Quinton
Director of Communications
Department of Natural Resources
709-729-5282, 631-8155
dianaquinton@gov.nl.ca

BACKGROUNDER
Biographies for Members of Interim Board of Directors for Nalcor Energy

John Green, Q.C. (Interim Chair)
Until resigning from McInnes Cooper, John Green, Q.C., represented provincial, national and international clients, and a significant part of his practice has been in the oil and gas, mining and forestry sectors. He worked on general corporate and commercial law cases with a focus on mergers and acquisitions, securities and related matters. In securities matters, Mr. Green has represented venture capital investors, private placement companies and publicly listed issuers and has acted for underwriters. Mr. Green has been an active member of the Canadian Bar Association, the Law Society of Newfoundland and Labrador, and he has served as a member of the Canadian Bar Association's National Executive. Mr. Green received a Bachelor of Arts from Memorial University of Newfoundland in 1966 and received a Bachelor of Laws Degree from Dalhousie University in 1969.

Donna Brewer
Donna Brewer began her career with the Provincial Government in 1987, serving most recently as Deputy Minister, Department of Finance. She has served in a variety of capacities during her tenure with the provincial public service, including Chief Executive Officer of the Labour Relations Agency; Deputy Minister responsible for Provincial Government programs; Assistant Deputy Minister (Financial Planning and Benefits Administration), Department of Finance; Assistant Secretary to Treasury Board; Assistant Deputy Minister (Corporate Services), Department of Health and Community Services; and Deputy Minister (Acting), Department of Health and Community Services. Ms. Brewer holds a Bachelor of Commerce (co-operative) honours degree from Memorial University, and a Chartered Accountant professional designation.

Heather M. Jacobs, Q.C.
Heather M. Jacobs, Q.C., has served as Deputy Minister (Acting) of the Department of Justice and Public Safety since September 2015 and served as an Assistant Deputy Minister in the Department of Justice and Public Safety since June 2006. Ms. Jacobs managed the Government Services Unit within the Civil Division of the Department of Justice from January 2002 to June 2006, and served as a solicitor in the Civil Division from 1988 to 2001. Ms. Jacobs received her Bachelor of Commerce (Honours) from Memorial University in 1984 and Bachelor of Laws degree from York University (Osgoode Hall) in 1987. Ms. Jacobs has been a practicing member of the Bar of Newfoundland and Labrador since 1988.

Chris Loomis
Dr. Christopher Loomis received his PhD from Queen's University in 1983, where he served as assistant professor in the Departments of Pharmacology and Toxicology, and Anesthesia until 1987. He joined the School of Pharmacy of Memorial University as an associate professor in 1988, was appointed full professor in 1996, and became director of the School in 1998. He was appointed Vice-President (Research) of Memorial University in 2002, and renewed for a second term in 2007. He has also served as Vice-President (Academic) Pro Tempore, and President and Vice-Chancellor Pro Tempore of Memorial University. Dr. Loomis serves on the Board of Directors for the Labrador-Island Link Operating Corporation, a subsidiary of Nalcor Energy.

H. Stanley Marshall
H. Stanley Marshall, also known as Stan, was recently appointed as the CEO of Nalcor Energy. He previously served as President and CEO and Director of the Board of Directors of Fortis. Mr. Marshall's career with Fortis spanned 35 years and he was at the helm as President and CEO for more than 18 years. Mr. Marshall served as the Chairman of FortisBC Holdings Inc (formerly, Terasen Inc). He was a Director of Fortis Properties Corporation. Mr. Marshall was a Director at FortisAlberta Inc., and FortisBC Inc. He has been Independent Director at Enerflex Ltd. since 2011 and he is Chair of its Human Resource Committee. He served as the Chief Executive Officer of Fortis Inc. Mr. Marshall served as the President at Fortis Turks & Caicos. He served as an Interim President and Interim Chief Executive Officer of Fortis Properties, a subsidiary of FortisBC Inc., from April 1, 2005 to May 2005. Mr. Marshall served as the Chief Operating Officer of Fortis Inc. He joined Newfoundland Power Inc., in 1979. He served as the Chairman of FortisBC Inc. until December 31, 2014. He served as Chairman of Central Hudson Gas & Electric Corp., until December 31, 2014. Mr. Marshall served as the Chairman of the Board at FortisBC Energy Inc. until December 31, 2014. He served as the Chairman of FortisAlberta Inc., from April 17, 2007 to February 2008 and served as its Director from June 2004 to April 2011. Mr. Marshall served as a Director of FortisBC Energy Inc. from November 2007 to December 31, 2014. He served as an Independent Director of Toromont Industries Ltd., between 1998 and 2011. He served as a Director of the Conference Board of Canada. Mr. Marshall served as a Director of Maritime Electric Company, Limited, FortisOntario Inc. and Belize Electricity Limited. He served as a Director of Fortis Inc. between October 1, 1995 and December 31, 2014. He served as a Director of CH Energy Group Inc. until December 31, 2014. Mr. Marshall served as Director of Caribbean Utilities Co. Ltd from 2000 to December 31, 2014. He served as a Director of Newfoundland Power Inc. from 1992 to December 31, 2007. He is a retired member in good standing of the Law Society of Newfoundland and Labrador and a Registered Professional Engineer in the Province of Newfoundland and Labrador. Mr. Marshall holds a Bachelor of Applied Science Degree in Chemical Engineering from the University of Waterloo and Bachelor of Law from Dalhousie University.

2016 04 22                              4:30 p.m.