VANCOUVER, June 7, 2016 /CNW/ - John M. Beck, Executive Chairman of Aecon Group Inc. (TSX:ARE) was pleased to announce on behalf of the Board of Directors at Aecon's Annual General Meeting in Vancouver that Susan Wolburgh Jenah has been appointed to Aecon's Board of Directors effective immediately.
"We are very pleased to have Ms. Wolburgh Jenah join our Board of Directors to bring her wealth of knowledge to our continued focus on execution and operational excellence," said Mr. Beck. "Her extensive regulatory experience and knowledge within the financial services industry will be of great benefit to Aecon, as we remain focused on delivering strong results."
Ms. Wolburgh Jenah is a corporate director and lawyer by training. She brings over 30 years of domestic and international regulatory experience as well as capital markets and financial services industry knowledge. She served as the founding President and CEO of the Investment Industry Regulatory Organization of Canada (IIROC) until October 2014, leading the merger of the Investment Dealers Association of Canada (IDA) and Market Regulation Services Inc. to create IIROC in 2008. Prior to joining the IDA in 2007 as President and CEO, she held numerous executive roles at the Ontario Securities Commission from 1983 to 2007 including Vice-Chair and Head of International Affairs.
Ms. Wolburgh Jenah is a director of the Laurentian Bank of Canada, is a member of the Board of Governors of the U.S. Financial Industry Regulatory Authority (FINRA), and is Chair of the Board of the Aequitas NEO Exchange. She is currently Chair of the initial Board of the Ontario Retirement Pension Plan Administration Corporation (ORPPAC). She also serves on the Humber River Hospital Board as well as on the Board of the Global Risk Institute.
Aecon held its Annual General Meeting today in Vancouver, British Columbia to mark the opening of Aecon's Pacific Headquarters, centrally located in the city. The office will streamline Aecon's four segments – Infrastructure, Energy, Mining and Concessions – into one facility.
"Aecon has a successful history working in British Columbia on projects such as the Waneta Dam, Seymour-Capilano filtration project, and most recently the John Hart Generating Station, said Teri McKibbon, President and CEO, Aecon Group Inc. "As we continue to execute our business strategy coast-to-coast, our new Pacific Headquarters will bring together all of our operating segments to best serve our clients – providing a diverse service offering and turnkey capabilities."
Aecon Group Inc. (TSX: ARE) is a Canadian leader and partner-of-choice in construction and infrastructure development. Aecon provides integrated turnkey services to private and public sector clients in the Infrastructure, Energy and Mining sectors and provides project management, financing and development services through its Concessions segment. Aecon is also pleased to be consistently recognized as one of the Best Employers in Canada. For more information, please visit www.aecon.com and follow us on Twitter at @AeconGroup.
The information in this press release includes certain forward-looking statements. These "forward-looking" statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties. In addition to events beyond Aecon's control, there are factors which could cause actual or future results, performance or achievements to differ materially from those expressed or inferred herein including, but not limited to: the timing of projects, unanticipated costs and expenses, general market and industry conditions and operational and reputational risks, including Large Project Risk and Contractual Factors. Readers are referred to the specific risk factors relating to and affecting Aecon's business and operations as filed by Aecon pursuant to applicable securities laws. Forward-looking statements may include, without limitation, statements regarding the operations, business, performance, prospects, strategies and outlook for Aecon. Forward-looking statements, may in some cases be identified by words such as "will," "plans," "believes," "expects," "anticipates," "estimates," "projects," "intends," "should" or the negative of these terms, or similar expressions. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Aecon undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Aecon Group Inc.