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Canadian Utilities
Canadian Utilities Limited, a member of the ATCO Group of companies, is a Canada-based worldwide organization of companies with around $22 billion in assets and more than 8,000 employees.[1]
Canadian Utilities has three business units:[2]
- ATCO Energy Systems (previously Utilities): electricity and natural gas transmission and distribution, and international electricity operations. Areas served include northern and central-eastern Alberta, the Yukon, the Northwest Territories, the Lloydminster area of Saskatchewan, and international energy users. Its subsidiaries include:
- ATCO EnPower (previously Energy Infrastructure): energy storage, electricity generation, industrial water solutions, renewables and 'next energy' - including hydrogen, ammonia, hydro, liquefied natural gas, natural gas, and carbon capture. Areas served include Alberta, the Yukon, the Northwest Territories, Ontario, Australia, Mexico, and Chile. Its subsidiaries include:
- ATCO Renewables (previously ATCO Power)
- ATCO Next Energy (previously ATCO Energy Solutions)
- ATCO Power Australia
- ATCO Energy: electricity and natural gas retail sales, and whole-home and business solutions. Includes Canadian Utilities Limited Corporate, and Other segments.
Canadian Utilities' controlling share owner is the Southern family.[3]
Governance and Leadership
As of 2024, Canadian Utilities' Board of Directors was composed of:
| Name
|
Position & Time on Board
|
Background
|
Compensation (2023)[4]
|
| Matthias F. Bichsel
|
Corporate Director (2014-)
|
Executive Management, Shell plc; Senior Advisor, McKinsey & Co.; Vice-Chair, Sulzer Ltd.; Director, South Pole Ltd.; Director, Petrofac Ltd.
|
$220,000 CAD
|
| Loraine M. Charlton
|
Corporate Director (2006-)
|
VP & CFO, Lintus Resources Ltd.; Director, AKITA Drilling Ltd.; Director, CU Inc.
|
$279,800 CAD
|
| Robert J. Hanf
|
Corporate Director (2021-)
|
EVP & CLO, Emera Inc.; President & CEO, Nova Scotia Power; Chair, Barbados Light & Power Holdings; President & COO, Bangor Hydro Electric Company; Partner, McCarthy Tétrault LLP (Calgary); Director, LUMA Energy; Director, Mancal Corporation; Chair, Board of Governors, Dalhousie University; Director, Canadian Electricity Association; Director, Energy Council of Canada
|
$425,586 CAD
|
| Kelly C. Koss-Brix*
|
Corporate Director (2023-)
|
Member, Canadian Equestrian Team; Director, Sentgraf Enterprises; Director, Spruce Meadows
|
$146,385 CAD
|
| Robert J. Normand
|
Corporate Director (2008-)
|
Chair, Workers Compensation Board of Alberta; President & CEO, Alberta Treasury Branches (ATB); Executive, Bank of Montreal; Director, CU Inc.
|
$272,800 CAD
|
| Alex J. Pourbaix
|
Corporate Director (2019-)
|
Executive Chair, Cenovus Energy; Co-Founder, Pathways Alliance;[5] President & CEO, Cenovus; COO, TC Energy; Board Member, Business Council of Alberta; AB Regional Board, Nature Conservancy of Canada; Chair, Board of Governors, Mount Royal University; Chair, Canadian Association of Petroleum Producers; Chair, Canadian Energy Pipeline Association; Board Member, Business Council of Canada; Board Member, Trican Well Service Ltd.
|
$220,000 CAD
|
| Hector A. Rangel
|
Corporate Director (2014-)
President, BCP Securities Mexico
|
CEO, Nacional Financiera S.N.C.; CEO, Bancomext; Cabinet Member, President Felipe Calderon; Chair, Grupo Financiero Bancomer; President, Mexico Bankers Association; President, Mexican Business Council; Director, GNP Profuturo Afore; Director, GNP Seguros; Director, Fresnillo PLC; Director, LUMA Energy
|
$224,500 CAD
|
| Laura A. Reed
|
Corporate Director (2014-)
|
Director, ATCO Australia Pty Ltd.; Chair, Spark Infrastructure Group; Board Member, Victoria Power Networks PTY; Board Member, SA Power Networks Partnership; Chair, Epic Energy South Australia Pty Ltd.; Board Member, Clean Energy Finance Corporation; Chair, ERIC Alpha Holdings Pty Ltd.; Director, Ausgrid; CEO & MD, Spark Infrastructure; CFO, Envestra Ltd.; Director, Bass Oil Ltd.
|
$284,055 CAD
|
| Robert J. Routs
|
Corporate Director (2023-)
|
Director, ATCO Structures & Logistics Ltd.; Director, ATCO Australia Pty Ltd.; Director, Neltume Ports S.A.; Executive Board Member, Shell plc; Chair, Shell Canada; International Advisory Council, Development Board of Singapore; Chair, Royal DSM NV; Director, AECOM Technology Corporation
|
$208,443 CAD
|
| Nancy C.Southern**
|
Chair & CEO, Canadian Utilities (1990-)
|
Chair & CEO, ATCO Ltd.; EVP, Spruce Meadows; Founding Director, AKITA Drilling Ltd.; Director, Sentgraf Enterprises Ltd.; Honorary Director, BMO Financial Group; Director, Rideau Hall Foundation; Honorary Chief of the Kainai; Member, The US Business Council; Member, American Society of Corporate Executives; Canadian Member, Trilateral Commission; Member, Business Council of Canada; Alberta Economic Recovery Council; Director & President, Swizzlesticks Enterprises Ltd.
|
$7,113 million CAD
|
| Linda A.Southern-Heathcott**
|
Vice Chair, Canadian Utilities (2000-)
President/CEO,Spruce Meadows Ltd.
|
President & CEO, Spruce Meadows; Founding Director & Executive Chair, AKITA Drilling Ltd.; Chair, Travel Alberta; Board Member, ATCO Structures & Logistics Ltd.; Board Member, Sentgraf Enterprises Ltd.; Honorary Lieutenant Colonel, King's Own Calgary Regiment
|
$228,000 CAD
|
| Roger J. Urwin
|
Lead Director, Canadian Utilities (2020-)
|
Director, ATCO Ltd.; Chair, ATCO Australia Pty Ltd.; Vice-Chair, LUMA Energy; Group Chief Executive, National Grid plc; Chief Executive & MD, London Electricity; Chair, Utilico Investments Ltd.; Special Advisor, Global Infrastructure Partners; Chair, Alfred McAlpine plc; Commander, Order of the British Empire
|
$593,265 CAD
|
| Wayne G.Wouters
|
Corporate Director (2019-)
|
Strategic & Policy Advisor, McCarthy Tétrault LLP; Director, BlackBerry Ltd.; Director, Foran Mining Corporation; Clerk of the Privy Council & Secretary to the Cabinet; Secretary, Treasury Board of Canada; Deputy Minister, Human Resources Development; Deputy Minister, Labour; Deputy Minister, Fisheries and Oceans
|
$220,000 CAD
|
* Daughter of Nancy Southern, Chair/CEO; ** Majority Share Owner and 1/3 Trustees of the Spousal Trust
As of 2024, Canadian Utilities' Executive Leadership was composed of:
| Name
|
Position
|
Background
|
Compensation (2023)
|
| Nancy C.
Southern
|
Chair & CEO
|
---
|
$4,925 million CAD
|
| James D. Armstrong
|
SVP, Technology &
Global Security
|
Chief Security & Chief Data Officer, Shaw Communications;
|
|
| Melanie L. Bayley
|
President,
ATCO Electric
|
Board Member, Western Energy Institute; Board Member, Canadian Electricity Association; Board Member, Drake Landing Solar Community
|
|
| Kyle M.
Brunner
|
SVP, General Counsel & Corporate Secretary
|
VP, General Counsel, & Corporate Secretary, Seven Generations Energy Ltd.
|
|
| P. Derek Cook
|
SVP & Controller
|
VP, ATCO Gas; CFO, ATCO Australia; VP, Controller, ATCO Group
|
|
| Lisa Cooke
|
SVP & CMO
|
VP Brand, Advertising & Marketing, Shaw Communications/Freedom Mobile;
|
|
| Colin R. Jackson
|
SVP, Finance, Treasury & Sustainability
|
Valuation & Business Modelling, Ernst & Young
|
|
| M. George
Contantinescu
|
EVP & Chief
Transformation Officer
|
Chair & CEO, ORTHOSHOP Geomatics Ltd.; CEO, OGEO Ltd.; Board Member, Artificial Pancreas Technologies Inc.; Senior Manager of Corporate Development, ATCO Group
|
|
| John Ivulich
|
CEO & Country Chair,
ATCO Australia
|
Group Financial Controller, Westnet Infrastructure Group
|
|
| Bob
J. Myles
|
COO, ATCO
EnPower
|
COO Industrial, Stuart Olson Ltd.; President & CEO, Tartan Canada Corporation; SVP, ATCO; President, ATCO Pipelines; Director, WaterSMART; Chair, Canadian Energy Pipelines Association; Director, Petroleum Joint Venture Association; Chair, Canadian Gas Processors Association
|
$1,840 million CAD
|
| Brian P.
Shkrobot
|
EVP & CFO
|
Staff Auditor, Office of the Auditor General of Alberta; Business Analyst, Syncrude; Controller, ATCO Electric
|
$1,099 million CAD
|
| Katie
J. Patrick
|
EVP & CFO (2024-)
|
EVP & CFIO, ATCO Ltd.; Director, Mergers & Acquisitions, Bunge; Director, Strategic Initiatives, Viterra; Investment Banking Associate, RBC Capital Markets; Investment Banking Analyst, Lehman Brothers
|
$1,485 million CAD
|
| Becky
A. Penrice
|
EVP, Corporate
Services
|
Chair, BGC Canada; CEO, Sears Canada; SVP HR, Hudson's Bay Company; Corporate HR, Lord & Taylor; Task Force Chair, Business Council of Alberta; Sponsor, World Vision; President, Sears Canada Charitable Foundation
|
$1,171 million CAD
|
| D. Jason
Sharpe
|
President, ATCO Gas
& Pipelines
|
Vice-Chair, Canadian Gas Association; Director, Canadian Energy Pipeline Association; Board Member, Pipeline Research Council International; Board Member, Van Horne Institute
|
n/a
|
| Wayne K.
Stensby
|
COO, ATCO
Energy Systems
|
President & CEO, LUMA Energy; COO & MD, ATCO Australia
|
$2,617 million CAD
|
| Clinton G. Warkentin
|
EVP & CIO, ATCO
Energy Systems
|
Commercial Lead, ATCO Australia; CFO, Certarus Ltd.; VP Treasurer, EarthFirst Canada Inc.; Advisor to the CFO, North America Oil Sands Corporation; VP & Treasurer, Superior Plus Income Fund; VP Corporate & Investment Banking Group, TD Bank Group
|
|
| Marshall F.
Wilmot
|
President, Retail &
Chief Digital Officer
|
President, Rümi; President, ATCOenergy; Chief Loyalty Officer, WestJet; VP Marketing, Rogers Communications; COO, Banyan Corporation; VP Marketing, FGL Sports Ltd.; VP, Canadian Airlines International
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References
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