Emera Inc. announces changes to Nova Scotia Power Board of Directors
02 Mai 2011 - 10:34PM
PR Newswire (Canada)
HALIFAX, May 2 /CNW/ -- HALIFAX, May 2 /CNW/ - (TSX: EMA) and (TSX:
NSI.PR.D) James D. (Jim) Eisenhauer, FCA, has been appointed Chair
of the Board of Directors of Nova Scotia Power. Mr. Eisenhauer
succeeds George A Caines, Q.C., who has served as Chair since 2009
and as a director since 1995. Mr. Eisenhauer has been a Director of
Nova Scotia Power Inc. since 2008. He is President and Chief
Executive Officer of ABCO Group Limited, which has holdings in
manufacturing and distribution activities. He is a Professional
Engineer and a Fellow of the Institute of Chartered Accountants of
Nova Scotia. Mr. Eisenhauer has been a member of the Board of Nova
Scotia Business Inc. since 2005, and Chair since November, 2010. He
is also a member of the Board of Composites Atlantic and Atlantic
Industries Limited and chairs its Audit Committee. "Jim is a
businessman who understands Nova Scotia, but also has experience
running a business that competes in global markets," said Chris
Huskilson, President and Chief Executive Officer of Emera Inc. "We
benefit greatly from his decades of experience as a business leader
and as a leader in the community." "I also want to thank George
Caines for his leadership and guidance on both the Emera and Nova
Scotia Power Boards," continued Mr. Huskilson. "His contributions
to our company over the last 16 years have been invaluable." Mr.
Caines, a partner with the Atlantic Canada law firm Stewart
McKelvey and past President of the Neptune Theatre Foundation has
completed his terms on the Emera and Nova Scotia Power boards. "I
want to pay tribute to the leadership of George Caines, whose
service on our board - and as Chair - has helped shape the cleaner
energy and customer service transformation under way at Nova Scotia
Power," said Mr. Eishenhauer. In addition to Mr. Eisenhauer, the
Nova Scotia Power Board includes: - Wesley Armour, President and
Chief Executive Officer of Armour Transportation Systems of
Moncton, N.B. - Lee Bragg, Chief Executive Officer of Eastlink, a
Nova Scotia-based cable and communication company. - Irene
d'Entremont, C.M., President of ITG Information Management Inc. of
Yarmouth, N.S. - John McLennan, Chair of the Board of Emera Inc.,
and former Chair of the Board of Nova Scotia Power. - Marie
Rounding, Counsel to Gowling Lafleur Henderson LLP, and former
President and Chief Executive Officer of the Canadian Gas
Association. - Elaine Sibson, Chair of the Nova Scotia Workers'
Compensation Board. - Chris Huskilson, President and Chief
Executive Officer of Emera Inc. - Rob Bennett, President and Chief
Executive Officer of Nova Scotia Power. Mr. Eisenhauer will stand
as a nominee to Emera's Board of Directors at the Annual General
Meeting on May 4, 2011. About Emera Emera Inc. is a growing energy
and services company with $6.3 billion in assets and revenues of
$1.6 billion. The company invests in electricity generation,
transmission and distribution as well as gas transmission and
utility energy services. Emera's strategy is focused on the
transformation of the electricity industry to cleaner generation,
and the delivery of that clean energy to market. Emera operates
throughout northeastern North America, in three Caribbean countries
and in California. More than 80% of the company's earnings come
from regulated investments. Emera common and preferred shares are
listed on the Toronto Stock Exchange and trade under the symbols
EMA and EMA.PR.A respectively. Additional information can be
accessed at www.emera.com or www.sedar.com. About Nova Scotia Power
Nova Scotia Power has provided electricity to Nova Scotians for
more than 80 years. The company provides electricity generation,
transmission and distribution services to almost 490,000 customers
in the province. Nova Scotia Power is transforming its generation
to reduce its carbon footprint and enable new economic activity by
replacing fossil fuels with renewable energy sources. The company
has $4.0 billion in assets and approximately 2,000 employees who
are dedicated to safe work, enhanced customer service, system
reliability and serving their communities. Nova Scotia Power is the
largest wholly-owned subsidiary of Halifax-based Emera Inc.
Investor Relations: Jill MacDonald, CA, Manager, Investor
Relations, (902) 428-6486; Media Relations: Sasha Irving, Director,
Corporate Communications, (902) 428-6685
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