Investor Relations

Directors' Bios

Richard T. Ballantyne, P.Eng
Salt Spring Island, British Columbia, Canada


Mr. Ballantyne provides consulting services to companies making investments in pipeline and marine terminal infrastructure. Prior to starting his consulting business in 2006, Mr. Ballantyne was President of Terasen Pipelines and predecessor Trans Mountain Pipe Line from 2001 to 2005; and held senior management positions at BC Gas Utility Ltd from 1998 to 2001.

Mr. Ballantyne is a graduate from the University of British Columbia and attended the Banff School of Advanced Management. He is a registered Professional Engineer in B.C., and a Certified Director with the Institute of Corporate Directors. He currently serves on the Boards of the British Columbia Safety Authority (1998), Sail Canada (2014) and the Scott Point Waterworks District (2012). He previously served on the Boards of Cimarron Engineering, Canadian Hydro Developers Inc., Trans Mountain Pipe Line, Western Canada Marine Response Corporation, Association of Oil Pipelines, American Petroleum Institute, and Canadian Energy Pipeline Association.


Albrecht W.A. Bellstedt, BA, JD, QC
Canmore, Alberta, Canada

Mr. Bellstedt is President of A.W.A. Bellstedt Professional Corporation, a consulting services firm.  Mr. Bellstedt retired in February 2007 as the Executive Vice-President, Law and Corporate of TransCanada Corporation (a diversified energy services company), having held senior executive positions at TransCanada Corporation since 1999.  Mr. Bellstedt was previously a partner with a predecessor to the law firm of Fraser Milner Casgrain LLP where he specialized in transactional work including securities law, mergers and acquisitions, banking and venture capital investments.  Mr. Bellstedt is a director of a number of public companies, including: (a) Canadian Western Bank, where he is the Chair of the Governance and Nominating Committee and a member of the Human Resources and Compensation Committee; and (b) Capital Power Corporation, where he is the Chair of its Compensation, Governance and Nominating Committee and a member of its Health, Safety and Environment Committee.  Mr. Bellstedt is also a director of various private companies.


Chad Danard
Calgary, Alberta

Mr. Danard is a Managing Director at TriWest Capital Partners, a Calgary-based private equity firm that has raised over $1.25 billion of committed capital across five funds.  Mr. Danard is involved in all aspects of TriWest’s investing activities and has participated as a director of a number of current and former TriWest portfolio companies. Prior to joining TriWest in 2005, Mr. Danard worked at Morgan Stanley in the Global Energy and Utility Group in New York and in the Canada Group in Toronto. While at Morgan Stanley, Mr. Danard was involved in a variety of mergers and acquisitions-related strategic advisory assignments, equity offerings and both private and public debt financings. He received a Bachelor of Commerce degree (finance concentration) from the Queen’s University School of Business, where he graduated as the top ranked student in the program.


Rod Graham, CFA, MBA
Calgary, Alberta, Canada


Mr. Graham has been the President and Chief Executive Officer of Horizon North Logistics Inc. (a resource development service company) since November 2014, after having served as its Senior Vice President, Corporate Development and Planning since January 2014.  Prior thereto, Mr. Graham was the President and CEO of ZCL Composites Inc. (ZCL-T) (a fiberglass tank manufacturer) from September 2010 until August 2012.  Prior to that Mr. Graham was a co-founder and from 2005 until 2010 was the managing director of Northern Plains Capital Ltd., a private equity firm.  Prior to that, he held various positions with ARC Financial Corporation and its predecessor, PowerWest Financial, from 1991 to 2004, including Senior Vice President and Director of ARC Financial.

Mr. Graham currently serves on the Board of Directors of Horizon North Logistics Inc. (HNL), Raise Production Inc. (RPC-V), First Industries (Private) and Corrosion Abrasion Solutions Ltd. (Private).  During his career, Mr. Graham has sat on numerous public and private oilfield service boards including Innicor Subsurface Technologies Inc., C-Tech Oil Well Technologies Inc., Technicoil Inc, Iron Derrickman, BOS Solutions, Corlac Inc and Tarpon Energy Services Ltd. He also sits on a Calgary-based not for profit board.

Mr. Graham is a Chartered Financial Analyst (CFA), holds a Business Administration degree from Wilfrid Laurier University (Honours) and an MBA from the University of Western Ontario (Ivey Scholar).  He is also a member of the Young Presidents Organization. 


Carmen R. Loberg
Calgary, Alberta

Mr. Loberg is a corporate director. Prior thereto Mr. Loberg was President and CEO of Norterra Inc. (“Norterra”) for a 10 year period until June 2010.  Norterra is a privately-held investment management company, and as President and CEO of Norterra, Mr. Loberg was responsible for managing its diverse investments in transportation, logistics, manufacturing and industrial supplies.  Mr. Loberg is currently a director of HNZ Group Inc., McCoy Corporation and the Vancouver Fraser Port Authority (Port Metro Vancouver), where he is a member of the Audit Committee and the Human Resources and Compensation Committee.  He is also a director of Vector Industries, a privately-held company based in Edmonton, Alberta.  He is a former director of the Edmonton Oilers Community Foundation and a former director of Arctic Net, a University Center of Excellence in Arctic Research based out of Laval University. 


Ian M. Reid, BComm
Edmonton, Alberta, Canada

Mr. Reid is a corporate director and independent businessperson. He retired from Finning International Inc. in 2008 after a 30-year career, which included 11 years as President of Finning (Canada) Ltd. In addition to the public company directorships set out below, Mr. Reid serves as Chair of the Board of Directors of Fountain Tire Ltd., a privately held corporation owned in partnership with Goodyear Canada, Associated Engineering and Voice Construction OPCO ULC.  He served as the Chair of the Board of Governors of the Northern Alberta Institute of Technology from 2003 until 2007 and has been a member of numerous other community and industry associations. Mr. Reid holds a Bachelor of Commerce degree from the University of Saskatchewan and is a graduate of the Advanced Management Program at Harvard Business School.


David J. LeMay
Calgary, Alberta

Mr. LeMay was appointed President & Chief Executive Officer and a Director of the Corporation effective June 1, 2013.  Prior thereto Mr. LeMay served as President & Chief Operating Officer from July 2012 to May 31, 2013.  Previously, Mr. LeMay was President of Churchill Services Group (now Stuart Olson Industrial Inc.), which provides integrated products and services on behalf of the Corporation’s Industrial Services segment and Stuart Olson Dominion's Industrial.  Mr. LeMay has also served as President and COO of Laird Electric Inc., one of the Corporation's subsidiaries.  During his 25 years in the construction industry he has been involved in all aspects of the field from estimating through to project management.  Mr. LeMay is a licensed construction electrician and has an MBA from Queens University in Kingston, Ontario, which he obtained while leading Churchill Services Group as President.  He is also a member of the Young Presidents Organization.