VANCOUVER, June 2, 2010 /CNW/ - Run of River Power Inc. ("ROR Power" or the "Company") (TSX-V: ROR) today announced it has appointed William Hardwick, P. Eng. as interim President and CEO.
Mr. Hardwick brings to ROR Power a broad range of operating management experience, including the pulp and paper industry and the Alberta oil sands. In addition, Mr. Hardwick has extensive experience in transformational leadership, working with individuals and teams in organizational development.
Mr. Hardwick's mandate as interim CEO will be to assist in the search for a permanent CEO, while guiding the Company's strategic planning. His unique combination of relevant industry experience and expertise in human resources make him the ideal candidate to lead the Company through this transitional period.
The Board of Directors thanks Jako Krushnisky for his contributions to the Company as the founding President and CEO. His energy and dedication have been important contributors to the Company's development.
About Run of River Power Inc.
ROR Power develops renewable, sustainable energy through its portfolio of run-of-river and biomass projects in British Columbia. The Company operates an Eco Logo(C) certified hydroelectric power generation station at Brandywine Creek, near Whistler, BC that generates cash flow under a 20-year contract with BC Hydro. ROR Power is well positioned for profitable growth through power generation initiatives that include its Mamquam Power Project, selected by BC Hydro for an Electricity Purchase Agreement. ROR Power's total development potential, in excess of 740 MW, represents a significant opportunity to help BC meet its rising demand for clean, sustainable power and achieve energy self sufficiency by 2016.
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SOURCE Run of River Power Inc.
For further information: For further information: Information Contact: Vick Dusik, Chief Financial Officer, Run Of River Power Inc., Tel: (604) 946-9232, firstname.lastname@example.org