Alberta-based Capital Power today announced the appointment of Jill Gardiner as Chair of the Board. According to a press release, Ms. Gardiner will succeed Donald Lowry, who presided over the Board for the last twelve years. In fact, Ms. Gardiner’s appointment will become effective upon her election on April 29, 2021.
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Capital Power appoints Jill Gardiner as Chair of the Board
The independent power generation and Alberta-based Company, Capital Power, today announced Jill Gardiner’s appointment as Chair of the Board. In fact, Ms. Gardiner’s appointment will become effective by April 29, 2021.
Ms. Gardiner will succeed Donald Lowry, who presided over the Board successfully for the last twelve years. Furthermore, Lowry reached his term and is retiring from the Board.
“It will be an honor and a privilege to serve as the Company’s next Chair,” said Jill Gardiner. “Don has deftly led the Board and worked with the management team to optimize our assets and expand and diversify our business. Besides, he helped to position Capital Power to deliver sustainable and responsible energy over the coming years. Thus, I look forward to working with my deeply experienced fellow Board members and our diverse and talented management team to advance these strategic priorities. Moreover, I want to thank Don for his support, guidance, and mentorship.”
“It was a once-in-a-lifetime opportunity to be part of the incredible journey of creating Capital Power. Furthermore, to work with a team of first-class directors and management team led by Brian Vaasjo,” said Donald Lowry.
Hence, “we now have a company that is North American in scope. Besides, one has expertise in achieving industry and peer recognition for its ability to deliver value on both a social and shareholder basis. Furthermore, of all the things I will miss, it is the interaction and working with people as we navigated the drama and opportunity of this industry’s various cycles. Thus, I leave with the knowledge the Company is better than when we began. Moreover, with Jill’s leadership as Chair, our path of continuous improvement will continue.”
Ms. Gardiner’s joint experience with the company
According to a company’s press release, Ms. Gardiner has extensive corporate governance experience after having served on public Company and not-for-profit boards; moreover, often in leadership roles, for the past decade.
Previously, she spent over 20 years in the investment banking industry in various roles in corporate finance, mergers, and acquisitions. Also, she had experience in debt capital markets. She provided strategic advice to and helped raise capital for numerous corporations focusing on the power, pipeline, and infrastructure industries.
Additionally, Ms. Gardiner is currently Chair of the Board and Chair of the Compensation and Human Resources Committee of Trevali Mining Corporation. Besides, she is a member of the Board of directors of Hochschild Mining and serves on their Audit, Nomination, and Remuneration Committees. Finally, she holds a Bachelor of Science and a Master of Business Administration from Queen’s University.
Capital Power is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy. It is headquartered in Edmonton, Alberta.
Thus, the Company builds, owns, and operates high-quality, utility-scale generation facilities that include renewables and thermal. Therefore, Capital Power also has invested in carbon capture and utilization to reduce carbon impacts and is committed to being off coal in 2023.
The Company currently owns over 6,500 megawatts (MW) of power generation capacity at 28 facilities across North America with approximately 425 MW of owned renewable generation capacity and 560 MW of incremental natural gas combined cycle capacity. In brief, the Company owns assets from the repowering of Genesee 1 and 2 in advanced development in Alberta and North Carolina.
