Veresen Announces Two Executive Appointments
Veresen Inc.
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CALGARY, Sept. 4, 2013 /CNW/ - Veresen Inc. ("Veresen" or "the Company") (TSX: VSN) today announced two new leadership appointments that will further the Company's growth initiatives and operating capabilities.
David Pope has been appointed Executive Vice President, Chief Commercial Officer. David's career spans over 30 years, during which he was involved in successful start-ups and high-growth oil and gas midstream, marketing and trading companies within North America and Europe. David has a depth of experience and a strong reputation for identifying and exploiting growth opportunities. Most recently, David led Second City Capital's Calgary office as Managing Director. David was formally President and CEO of Niska Gas Storage and has held senior leadership positions with Seminole Canada, Dynegy Canada and Enron.
Thomas Day joins Veresen as Senior Vice President, Operations. Tom brings to Veresen over 30 years of experience in operations, maintenance, project management and business integration. Tom is a seasoned leader committed to operational excellence and operating discipline, with a passion for personal and process safety. The majority of Tom's career was spent with Suncor and its predecessor companies.
"This is an exciting time for Veresen and we are very pleased to have David and Tom join our organization and serve on our executive leadership team," commented Don Althoff, President and CEO of Veresen. "David comes to Veresen with a successful track record of consistently growing businesses and driving strategic initiatives, while Tom has the background, skills experience necessary to build out our operating capabilities. I look forward to their contributions to our business and future success."
About Veresen Inc.
Veresen is a publicly-traded dividend paying corporation based in Calgary, Alberta, that owns and operates energy infrastructure assets across North America. Veresen is engaged in three principal businesses: a pipeline transportation business comprised of interests in two pipeline systems, the Alliance Pipeline and the Alberta Ethane Gathering System; a midstream business which includes ownership interests in a world-class natural gas liquids extraction facility near Chicago, the Hythe/Steeprock gas gathering and processing complex, and other natural gas and NGL processing energy infrastructure; and a power business with renewable and gas-fired facilities and development projects in Canada and the United States, and district energy systems in Ontario and Prince Edward Island. Veresen and each of its pipeline, midstream and power businesses are also actively developing a number of greenfield projects. In the normal course of its business, Veresen and each of its businesses regularly evaluate and pursue acquisition and development opportunities.
Veresen's common shares, Series A preferred shares, and 5.75% convertible unsecured subordinated debentures, Series C due July 31, 2017 are listed on the Toronto Stock Exchange under the symbols "VSN", "VSN.PR.A" and VSN.DB.C", respectively. For further information, please visit www.vereseninc.com.
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SOURCE: Veresen Inc.
Dorreen Miller, Director, Investor Relations