TSX Symbol: HNL
CALGARY, Jan. 21, 2014 /CNW/ - Horizon North Logistics Inc. ("Horizon" or "the Corporation") announced today that it has strengthened its management team with the addition of a new senior executive. Mr. Rod Graham has joined the Corporation in the position of Senior Vice President, Corporate Development and Planning. Reporting to Bob German, President and Chief Executive Officer, Rod will work closely with all of Horizon's operating units and corporate function heads to continue to improve and grow the Corporation's business, with an emphasis on identifying, and positioning Horizon to participate in intermediate and longer-term opportunities.
Rod has been a member of Horizon's Board of Directors since January 2007 and has served as Chairman since January 2010. He has resigned his position on the Board effective today. Before he joined Horizon, Rod was the President and CEO of ZCL Composites Inc. - an Edmonton based, TSX listed, fiberglass tank manufacturing company. Prior to his role at ZCL, he was a co-founder and Managing Director of Northern Plains Capital Ltd. - a Calgary-based private equity firm focused solely on investing in oilfield and energy industrial companies. Prior to co-founding Northern Plains, he had short stints at Peters & Co. Limited and RBC Capital Markets interspersed within an 11 year tenure at ARC Financial Corporation, a Calgary-based private equity manager. Over the course of his career Rod has actively served on the Board of Directors of 14 different oilfield service and infrastructure companies. Rod holds a Bachelor of Business Administration, a Masters of Business Administration and is a Chartered Financial Analyst.
Mr. Russell Newmark will assume the position of Chairman of Horizon's Board of Directors. Russell has been a member of the Corporation's Board of Directors Board since the inception of the Corporation on June 1, 2006. Russell has extensive and diverse business knowledge and experience throughout Northern Canada and has been Chief Executive Officer of E. Gruben's Transport Ltd. since 1990, a successful contracting firm based in the Northwest Territories.
"Rod's diverse business experience will broaden the perspective of Horizon's senior management team. His familiarity with Horizon's operations and management team will give him a head start as he moves into his new role with the Corporation. I look forward to working more closely with both Rod and Russell to build upon Horizon's past accomplishments and to continue along our path of successful growth for the benefit of all of the Corporation's stakeholders", noted Bob German, President and Chief Executive Officer.
Horizon is a remote resource development service company that provides workforce accommodation solutions including camp manufacturing and camp management and catering services, as well as road and access matting solutions.
Additional information related to the Corporation, including the Corporation's annual information form, press releases, financial statements, and MD&A are available on SEDAR at www.sedar.com.
SOURCE: Horizon North Logistics Inc.
For further information:
Bob German, President and Chief Executive Officer or Scott Matson, Vice President Finance and Chief Financial Officer, 1600, 505 - 3rd Street S.W., Calgary, Alberta T2P 3E6; Telephone: (403) 517 - 4654; Fax: (403) 517 - 4678; Website: www.horizonnorth.ca