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- KALiNA Power (KPO) appoints experienced energy sector executive Stephen White as Non-Executive Chairman, effective from September 1
- For the past year, Mr White was a Senior Industry Advisor for KALiNA where he provided guidance to the project development team and business development initiatives
- Prior to joining KALiNA, he was Co-Founder, President and Chief Financial Officer of Veresen from 1997 to 2003 and President and CEO until 2012
- Additionally, Mr White was Co-Founder, Vice President of Finance and Chief Financial Officer of Western Oilsands from 1999 to 2000
- Kalina ends the trading day down 5.26 per cent, with shares at 1.8 cents
KALiNA Power (KPO) has appointed experienced energy sector executive Stephen White as its new Non-Executive Chairman, effective from September 1.
For the past year, Mr White was a Senior Industry Advisor for KALiNA, where he provided guidance to the project development team, tolling and project financing strategies, and business development initiatives.
Prior to joining KALiNA, he was Co-Founder, President and Chief Financial Officer of Veresen from 1997 to 2003 and President and CEO until 2012.
While at Veresen, the company grew to more than 200 employees and engaged in pipeline transportation, an ownership interest in a natural gas liquids extraction facility near Chicago and a power business in the US and Canada.
Additionally, Mr White was Co-Founder, Vice President of Finance and Chief Financial Officer of Western Oilsands from 1999 to 2000.
As Non-Executive Chairman of KALiNA, Mr White will provide oversight and guidance on KALiNA’s priorities and how to best align its strategies with the interests and needs of capital markets.
“Stephen is highly regarded in the North American energy sector and the associated capital markets. He is very familiar with industrial waste heat-to-power applications, having been an early adaptor with its implementation on the Alliance Pipeline,” KALiNA interim Chairman and CEO Ross MacLachlan said.
“In light of the significant legislative initiatives underway around the world, Stephen
understands both the enormous scale of the opportunities for our company as well as the critical need to establish near-term commercial traction in order to profitably grow our business.”
Kalina has ended the trading day down 5.26 per cent, with shares at 1.8 cents.
