Meet the Board of Directors
Jim J. Nieuwenburg Director – Chairman of the Board of Directors
Mr. Nieuwenburg has been a Partner of Azimuth Capital Partners Ltd., a leading energy private equity firm located in Calgary, since October 2008. He is a professional engineer by training. Mr. Nieuwenburg has had 36 years of diverse experience including senior technical, business development, and executive management roles. He was active as a corporate director and a private independent businessman from 2001 to 2008. He was formerly the President and CEO of Petromet Resources Limited (TSX) from 1998 to 2001. Until 1998 he served as Vice President, Asset Management of Norcen Energy Resources Limited (TSX). Prior to 1997, he held roles of increasing responsibility over 17 years with the Amoco organization, serving most recently as General Manager, Business Development for Amoco Energy Group, North America. Mr. Nieuwenburg recently served as Chairman for Capitol Energy Resources Ltd (TSX) and C1 Energy Ltd (TSX). He also acts as a Director of several private companies in the energy business.
K. Gerry Wagner Director – Chairman of Audit Committee
Mr. Wagner is a Corporate Director and advisor. He is currently an independent Director and Chairman of the Audit Committee of Canadian First Financial Group Inc., a private company. He is also a Managing Director of BNK Advisory Ltd., a consultancy to the financial services industry, since 1997. He was a Director of CFF Bank from 2011 to 2015, where he also held executive positions including Chief Financial Officer and Chief Risk Officer. Prior to CFF Bank, he was a Director and Chief Financial Officer of ResMor Trust Company and the founding Vice President of Finance of its predecessor, Bridgewater Bank. Gerry Wagner is a Chartered Accountant with over 30 years’ experience and holds the Institute of Corporate Directors designation ICD.D. He also holds a Bachelor of Commerce (Honours) from Queen’s University.
Stuart P. Hensman – Director
Mr. Hensman is Chairman of the Board of Governors of CI Funds and a Director of Canacol Energy Ltd., Trident Performance Corp., and Trident Performance Corp II. He is a former Director of Creststreet Mutual Funds Ltd, Creststreet Power and Income Fund, Ria Resources Corp and Qwest Diversified Capital Corp. Prior to 2003, Mr. Hensman was Chairman and Chief Executive Officer of Scotia Capital (USA) Inc. Mr. Hensman was a Managing Director at Scotia Capital Inc. (London) from 1987 to 1999. Prior to this, he held a number of analytical and portfolio management positions at the Sun Life Assurance Co. of Canada from 1981 to 1986. Mr. Hensman holds a Bachelor of Arts degree from the University of Winnipeg and a Masters of Science from the Loughborough University in the United Kingdom.
Lance Kadatz – Director
Mr. Kadatz is a co-founder of Rifco Inc and was the Vice-President and CFO since the inception of the Company until his retirement in January 2017. He was the President of his own Business Advisory Services firm before joining Rifco. He also served as a Finance Advisory Services Manager for MNP for 2 years, and a Sr. Corporate Account Manager for RBC for 17 years. Lance Kadatz was a finalist for the “Ernst and Young Entrepreneur of the Year 2010” award.
Barry W. Shafran – Director
Mr. Shafran is President and Chief Executive Officer of Chesswood Group Limited. His expertise is in strategic planning, mergers and acquisitions, and the design and implementation of growth strategy. He also has extensive experience in change management and raising capital, publicly and privately. Mr. Shafran has held the office of President since July 1999, and as President and Chief Executive Officer since 2004. From 1989 until 1998, Mr. Shafran was President of two national service companies, before serving as Director of Business Development and Senior Vice-President of Operations for CryptoLogic Inc., an internet software provider. A Chartered Professional Accountant, Mr. Shafran also holds a Bachelor of Arts degree in Commerce from the University of Toronto.