Bill Hess has stepped down from the helm of the Canadian Venture Exchange (CDNX).
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| Bill Hess |
Hess, 49, will officially leave his position as president of the Calgary-based junior exchange at the end of the year. The securities lawyer joined the CDNX in 1999 after being chairman of the Alberta Securities Commission for about seven years.
Formed out of a merger of the Vancouver and Alberta stock exchanges, the CDNX was taken over by the Toronto Stock Exchange in July.
Amolak Grewal is the new chief operating officer of Edmonton-based Alberta Treasury Bank.
Amolak, who begins his new role immediately, will be responsible for the retail, independent business, commercial banking and wealth management lines of business.
The change is part of a new structure that consolidates marketing, sales and operations under one umbrella.
ATB was established in 1938 and serves 240 communities through a network of 144 branches, 130 agencies and 222 automated banking machines.
Pengrowth Corporation is bidding farewell to Robert Waters, vice-president and chief financial officer.
His chair will be filled in the interim by Gordon Anderson, vice-president of Pengrowth and the company’s former CFO. Chris Webster, who was recently appointed treasurer of the corporation, will also assume increased financial responsibilities.
Meanwhile, Lynn Kis has been appointed as vice-president, engineering, and officer of Pengrowth Corporation. Kis was formerly general manager, engineering, and has more than 25 years of experience in the petroleum engineering field. The board has also appointed treasurer Chris Webster and controller Lianne Bigham as officers of the corporation.
Calgary-based Pengrowth Corporation administers Pengrowth Energy Trust.
Progress Energy Ltd. has a new management team. New to the senior ranks are David Johnson, who assumes the role of president and chief executive officer; Steven Allaire, vice-president of finance and chief financial officer; and Michael Culbert, vice-president of marketing and business development.
The trio were previously key members of the executive team which built Encal Energy Ltd. into a senior producer.
Encal was sold to Calpine Corporation this spring for $1.8 billion.
Johnson – a professional engineer with more than 25 years’ experience – was president and CEO of Encal from 1987 to 2001 and was most recently president of Calpine Canada.
Allaire was with Encal for more than 14 years, most recently as vice-president, CFO and corporate secretary.
Culbert also has more than 20 years in the oil and gas industry, the last six years with Encal in the role of vice-president of marketing and business development.
As well, Progress has announced several board changes, including the departure of John Keating and Kenneth Bowie. Bowie has also stepped down as the company’s president and chief executive.
Michael Guyette has joined Calgary-based Boardwalk Equities Inc. as vice-president of technology. Guyette is a former operations vice-president of Suite Systems Inc.
George Reti, who joined Boardwalk in 1994 as executive vice-president, has resigned.
Boardwalk (BEI-TSE; BEI-NYSE) is Canada’s largest owner/operator of multi- family rental properties.
The Centre for Sustainable Transportation has named Norman Leach as its president and CEO.
Most recently, Leach worked in the advanced technology transportation sector and previously was president of Grey Cup 2000 Inc., director of correspondence and information for Manitoba Health, chief executive officer of the Alberta and Manitoba Chambers of Commerce and chief executive officer of the Alberta Trade Office in Mexico.
He succeeds Al Cormier, who accepted the position on a temporary basis last year.
The Centre for Sustainable Transportation is a federally chartered, not-for-profit organization dedicated to the pursuit of sustainable transportation in Canada
Edmonton-based Isotechnika has named Gordon Agopsowicz to the newly created position of director of investor relations and corporate communications. Agopsowicz has worked for more than 20 years in the fields of marketing, communications, community relations and fund development in both the public and private sectors in Toronto, Regina and Edmonton. Most recently, he was director of new business development with the Quality Group of Companies.
Life-sciences company Isotechnika’s lead drug – ISA(TX)247 – is designed to help prevent organ rejection following transplantation and is also used in the treatment of autoimmune diseases.
Three Albertans representing employers, employees and the public have been named to the province’s Occupational Health and Safety Council.
Tim Bennett, Judy Barry and Betty Unger assumed duties Dec. 1. Board member Patricia (Patty) Whiting, who joined the council in February 2000, will assume the role of chair.
The six-member council – which is comprised of employer and worker representatives – hears appeals of orders given by occupational health and safety officers and makes recommendations on matters pertaining to the health and safety of Alberta workplaces.
Bennett is a corporate manager of environmental health and safety and a member of several associations including the Alberta Construction Safety Association, the Canadian Society of Safety Engineering and the Manufacturers Health and Safety Association.
Barry is past president of CUPE (Canadian Union of Public Employees) Local 1099 and is a teaching assistant at the St. Albert Protestant Board of Education.
Unger founded nursing service company Medico Mobile Ltd. and has been active in the Edmonton business and volunteer community for many years.
