CALGARY, Nov. 6, 2013 /CNW/ - The Churchill Corporation (TSX: CUQ, CUQ.DB) ("Churchill" or the "Corporation") today announced that Don Pearson,
President and COO of Stuart Olson Dominion Construction Ltd. ("Stuart
Olson Dominion"), Churchill's General Contracting segment, will be
retiring from the Corporation effective December 31, 2013.
"All of us at Churchill would like to thank Don for his many years of
commitment and service to the organization," said David LeMay,
Churchill President and CEO. "Don's leadership has guided Stuart Olson
Dominion through challenging and exciting times. Don was scheduled to
retire at the end of 2012, but agreed to return for another year to
help finalize a number of ongoing projects and build the backlog for
future. Stuart Olson Dominion is entering 2014 with a record backlog of
projects and a strong focus on the future. We wish Don the very best in
his well-deserved retirement."
A search is currently underway for Don Pearson's replacement. David
LeMay will assume the duties of President and COO of Stuart Olson
Dominion until a replacement is in place.
About The Churchill Corporation
The Churchill Corporation provides building construction, commercial and
industrial electrical contracting, earthmoving and industrial
insulation services to an array of public and private sector clients.
Churchill operates office locations throughout British Columbia,
Alberta, Saskatchewan, Manitoba and Ontario. Churchill common shares
and convertible debentures are listed on the Toronto Stock Exchange
under the symbols "CUQ" and "CUQ.DB", respectively. www.churchillcorporation.com
Forward Looking Information
This press release contains certain statements that may constitute
forward-looking information within the meaning of applicable securities
laws. This forward-looking information includes, without limitation,
statements pertaining to the expected retirement date of Stuart Olson
Dominion's President and COO. Often, but not always, forward-looking
information can be identified by the use of such words as "may",
"will", "expect", "believe", "plan", "intend", "estimate", "outlook",
"forecast", "should", "anticipate" and other similar terminology,
including statements concerning possible or assumed future results.
Forward-looking information is based on management's reasonable
assumptions, analysis and estimates in respect of its experience and
perception of trends, current economic conditions, government policies
and expected developments, as well as other material factors that it
considers to be relevant at the time of making such statements.
By its nature, forward-looking information involves known and unknown
risks and uncertainties, which give rise to the possibility that
management's assumptions, analysis and estimates will be incorrect and
that the Corporation's anticipated results will not be achieved.
Although the Corporation believes that the statements with respect to
forward-looking information are reasonable and current, such statements
should not be interpreted as a guarantee of future performance or
results, and will not necessarily be an accurate indication of whether
or not such results will be achieved. Forward-looking information is
necessarily subject to a number of factors that may cause actual
results to differ materially from those results implied by the
expectations suggested by such information. Those factors include,
without limitation, the risks and uncertainties described in the
Corporation's Annual Information Form filed with the securities
regulatory authorities in Canada under the Corporation's profile at www.sedar.com. Readers are encouraged to consider the foregoing risks and other
factors carefully when evaluating the forward-looking information and
are cautioned not to place undue reliance upon such information when
making investment decisions.
The forward-looking information in this press release is current to the
date hereof, and is subject to change following such date. While the
Corporation may elect to do so, unless required by applicable law, it
undertakes no obligation to update this information to reflect new
information or circumstances at any particular time.
SOURCE: The Churchill Corporation
For further information:
Vice President, Investor Relations
The Churchill Corporation