Code of Conduct

Governance

SECURE's board is committed to providing thoughtful leadership, compliance with all laws, timely decision making and the highest ethical standards. Our Board of Directors provides this corporate governance on behalf of all shareholders. Our processes, procedures and guidelines support the Board of Directors in conjunction with its legal obligations and mandate from the shareholders to oversee and direct the affairs of SECURE. 

Effective Governance includes:

  • Independent Board Members - Seven of the eight Board members are independent
  • Director Election - Directors are elected on an individual basis and stand for reappointment to the Board each year at the annual general meeting
  • Code of Conduct - Every Board member and employee completes SECURE's Code of Conduct training and written acknowledgement of adherence 
  • Nomination Process - Processes to nominate directors and assess directors on an ongoing basis led by the Corporate Governance and Nominating Committee
  • Succession Planning - A formal succession planning process is in place for the Board and the executive team led by the Corporate Governance and Nominating Committee
  • Strategic Direction - The Board participates in an annual strategy session to determine future opportunities and risks for SECURE

Board of Directors

The role of the Board of Directors is to focus on governance and stewardship of the business. Our Board reviews strategy, assigns responsibility, and monitors performance on the objectives of the business to ensure the company continues to be responsive to the ever-changing business environment. Our by-laws and mandates guide SECURE's board of directors and governance. 

Board Responsibilities include:

  • Adopting a strategic planning process
  • Identifying principal risks and ensuring the implementation of appropriate risk management systems
  • Approving the Corporation's policies and mandates
  • Ensuring that appropriate processes, controls and systems are in place for the management of the business
  • Approving annual capital and operating plans and monitoring performance against those plans
  • Developing measures for receiving feedback from shareholders and other stakeholders on the business

Board of Directors Highlights

Committees:

  • Health, safety, sustainability and environment
  • Audit 
  • Compensation
  • Corporate governance and nominating

Our board has a broad, diverse background. The experience and skills each director brings enables them to effectively carry out its mandate as a board. The Corporation's directors, officers, employees and consultants are expected to deal fairly with the Corporation's security holders, customers, suppliers and competitors.


Grant Billing - Chairman

Mr. Billing was appointed Chairman of the SECURE Board of Directors on July 2, 2021. He previously served as a director of Tervita Corporation since December 2016. From March 2017 until July 2017, Mr. Billing acted as Tervita’s Interim Chief Executive Officer. Mr. Billing served as the Chairman and Chief Executive Officer of Superior Plus Corp. between July 2006 and November 2011 and Executive Chairman between 1998 and 2006. Mr. Billing was Chairman of the board of directors of Superior Plus Corp. until December 31, 2014. Mr. Billing is also currently a corporate director of Badger Daylighting Ltd. and MEG Energy Corp. In addition, Mr. Billing has served as Chairman and director of several public companies and as director and Chairman of the Canadian Association of Petroleum Producers.


Rene Amirault - Chief Executive Officer and Director

Rene Amirault was appointed as the President and Chief Executive Officer of SECURE in March 2007 and was elected
a director and appointed as Chairman of the Board on June 1, 2007. From January 2006 to March 2007, he was an independent businessperson. Mr. Amirault held various roles at Canadian Crude Separators Inc. and CCS Income Trust from August 1994 to January 2006, including Vice President roles in Sales and Marketing, Business Development and Corporate Development. Mr. Amirault held various positions with Imperial Oil Ltd. from 1981 to 1994. Mr. Amirault received
a Certified General Accountant designation in 1985.


Michael Colodner - Director

Mr. Colodner was appointed a director of SECURE on July 2, 2021. He previously served as a director of Tervita Corporation since July 2018. Mr. Colodner is the Managing Director of Solus, a privately held hedge fund sponsor. He joined Solus Alternative Management LP, formerly known as Stanfield Capital Partners, at its inception in July 2007, and has been a member of the hedge fund investment team since he joined Stanfield Capital Partners as an analyst covering the Utilities and Industrials sectors in March 2007. Prior to joining Stanfield, he was a senior analyst in the Power and Utilities Investment Banking Group at Deutsche Bank Securities Inc. since 2005. Mr. Colodner began his career at Legg Mason Wood Walker Incorporated in 2004, in the Strategic Advisory Investment Banking Group, specializing in Mergers and Acquisitions. He graduated summa cum laude with a B.Sc. in Finance from the University of Maryland in 2004.


Susan Riddell Rose - Director

Ms. Riddell Rose was appointed a director of SECURE on July 2, 2021. She was previously a director of Tervita Corporation beginning July 2018 and served on the Newalta Corporation Board prior thereto since May 2009. Ms. Riddell Rose is the President and Chief Executive Officer of Perpetual Energy Inc. Prior thereto she was a Corporate Operating Officer for Paramount Resources Ltd. Ms. Riddell Rose graduated from Queen’s University at Kingston, Ontario in 1986 with a Bachelor of Applied Science in Geological Engineering. She is a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta, the Canadian Society of Petroleum Geologists and the American Association of Petroleum Geologists and serves as a governor for the Canadian Association of Petroleum Producers.


Jay Thornton - Director

Mr. Thornton was appointed a director of SECURE on July 2, 2021. He was previously a director of Tervita Corporation beginning December 2016. Mr. Thornton has 30 years of oil and gas experience. He has held various operating and corporate executive positions with Shell Canada Limited and Suncor Energy Inc. Mr. Thornton formerly held a director position with the Canadian Association of Petroleum Producers. Mr. Thornton is a graduate of McMaster University with
an Honours degree in Economics and has completed the Institute of Corporate Directors (ICD) Education Program.


Brad Munro - Director

Brad Munro was elected as a director of the Corporation on April 23, 2009 and was appointed lead director on April 28, 2020. Mr. Munro is an independent businessperson and President and Chief Executive Officer since 2006 of Bittercreek Capital Corporation, a private investment firm. From 1991 to 2009, Mr. Munro served in senior investment roles in the private equity/venture capital industry in Canada. Mr. Munro holds a Bachelor of Commerce degree from the University of Saskatchewan and has 30 years of experience in investment, board and C-suite management in oil and natural gas and other industries. Mr. Munro served as a director of Tervita Corporation (or its predecessors) for eight years and was the lead director of the independent committee on the privatization of Tervita Corporation. Mr. Munro is currently Chairman of MustGrow Biologics Corp., an agricultural biotech company listed on the Canadian Securities Exchange.


Deanna Zumwalt - Director

Deanna Zumwalt was elected as a director of the Corporation in April 2019. From 2015 to present, Ms. Zumwalt has held increasingly more senior executive roles at Coril Holdings Ltd., a privately-owned company based in Calgary which holds subsidiaries operating in a diverse group of industries, including railway maintenance and services, real estate ownership and advisory services, and personal health and wellness services. From 2015 to 2019, Ms. Zumwalt served as CFO and then in 2020 was appointed as President and CFO. Effective January 1, 2021, she was appointed as President and Chief Executive Officer. Prior thereto, Ms. Zumwalt held a variety of senior financial and energy marketing roles at Nexen Energy ULC, including Vice President, Energy Marketing from 2013 to 2015, Vice President, North American Crude Oil Marketing from 2010 to 2013, Vice President, North American Natural Gas & Power from 2009 to 2010, and Vice President, Finance-Marketing from 2004 to 2009. Deanna is a Chartered Professional Accountant, Chartered Accountant and holds an Institute of Corporate Directors, Director designation.


Kevin Nugent - Director

Kevin Nugent was elected as a director of the Corporation on September 25, 2007. Mr. Nugent is an independent businessperson and corporate director. Mr. Nugent is a Chartered Professional Accountant, Chartered Accountant with over 30 years of experience in the oil and natural gas industry. Mr. Nugent currently serves as a director of Hifi Engineering Inc., VentMeter Technologies Inc., RGL Reservoir Management Inc., Shawcor Ltd., Banff Sport Medicine Foundation, and the Pacific Salmon Foundation.


Code of Conduct

Governance Library

See the following PDF documents for our Corporate Governance policies.

  1. Certificate of Amalgamation
  2. By-Laws of SECURE Energy Services Inc.
  3. Majority Voting Policy
  4. Position Description - Chairman of The Board of Directors
  5. Mandate of The Board of Directors
  6. Mandate of The Audit Committee
  7. Mandate of The Corporate Governance & Nominating Committee
  8. Mandate of The Compensation Committee
  9. Mandate of The Environment, Social, and Governance Committee

Whistle Blower Policy

We are committed to having the highest standards of integrity and accountability in all aspects of our business. Our Whistle Blower policy and procedures are for the confidential and anonymous submission by employees and external third parties of complaints or concerns regarding:

  • Financial statement disclosures
  • Accounting
  • Internal controls
  • Fraud
  • Auditing matters
  • Other activities which may violate the Corporation's Code of Business Conduct

The financial and operational information respecting SECURE Energy guides the decisions of the board of directors and is relied upon by shareholders of the Corporation and the financial markets. For these reasons, it is critical for SECURE to maintain a workplace where concerns regarding questionable business practices can be raised without fear of any discrimination, retaliation or harassment.

Any person has the right to contact the Chairman of the Audit Committee directly to report suspected illegal or improper activities of SECURE, if it is believed that reporting the incident through normal channels would not be acted upon.

Any concerns should be submitted by one of the following methods:

By Telephone: 844-201-9811

Report Online: Direct link to Report


Environmental and Social Policies

  1. Climate Policy
  2. Health and Safety Policy
  3. Indigenous Relations Policy
  4. Supplier Code of Conduct

Corporate Diversity Statement

At SECURE ENERGY, we appreciate the importance of creating an environment in which all our employees can feel valued, included, and empowered to be key contributors to our success.

All team members have a role to play in helping us to create an accessible workplace where everyone feels that they belong.

Our diversity and inclusion initiatives and actions are focused on:

  • Fostering awareness, understanding, and skills among all employees, to support a respectful and inclusive workplace
  • Aiming to create a workplace that reflects the diversity of the communities in which we work
  • Building inclusive leadership skills as a core competency for all leaders
  • Supporting involvement in diverse employee networks and other related initiatives
  • Collaborating with industry and community partners to foster inclusion and reduce employment barriers