TSX Trading Symbol: NAL
CALGARY, May 13 /CNW/ - Newalta Inc. ("Newalta") (TSX:NAL) today
announced the planned retirements of Mr. Clayton Riddell and Mr. Felix Pardo
from the Board of Directors of Newalta. Mr. Riddell has served on the Board
since 1988 and is a past Chairman, and Mr. Pardo has served on the Board since
1991 and is also a past Chairman.
"We thank Clay and Felix for the strong vision, the years of leadership
and the active guidance they have contributed to the Board and to our growing
organization," said Barry Stewart, Chairman of the Board of Newalta.
Newalta also announced the appointment of Ms. Susan Riddell Rose to
Newalta's Board of Directors. Ms. Riddell Rose is President and Chief
Executive Officer of Paramount Energy Operating Corp. and has overall
responsibility for Paramount Energy Trust. She is a Director of Paramount
Energy Operating Corp. and Paramount Resources Ltd.
Ms. Riddell Rose graduated from Queen's University in 1986 with a
Bachelor of Applied Science in Geological Engineering. She is a member of the
Association of Professional Engineers, Geologists and Geophysicists of
Alberta; the Canadian Society of Petroleum Geologists; and the American
Association of Petroleum Geologists.
"We are pleased to welcome Sue to Newalta, and we look forward to adding
her experience, oil and gas industry knowledge and management expertise to the
Board," said Stewart.
Newalta Inc. is Canada's largest industrial waste management and
environmental services provider and focuses on maximizing the value inherent
in industrial waste through the recovery of saleable products and recycling.
It also provides environmentally sound disposal of solid, non-hazardous
industrial waste. With talented people and a national network of facilities,
Newalta serves customers in the automotive, forestry, lead, manufacturing,
mining, oil and gas, petrochemical, pulp and paper, refining, steel and
transportation service industries. Providing solid investor returns,
exceptional customer service, safe operations and environmental stewardship
has enabled Newalta to expand into new service sectors and geographic markets.
Newalta trades on the TSX as NAL. For more information, visit www.newalta.com.
For further information:
For further information: Anne M. MacMicken, Executive Director, Investor
Relations, Phone: (403) 806-7019