Responsibly Guiding SECURE

The Board of Directors leads the governance of SECURE.

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 acknowledgment 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:

  • Environment, Social and Governance
  • Audit 
  • Human Resources and 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.

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 and served as Chairman until July 2, 2021. 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 1984.

Mark Bly – Director

Mark Bly was appointed to the Board of SECURE on March 2, 2022. He currently serves as Chairman of Baytex Energy Corp. and as a director of Vista Oil & Gas. Mr. Bly is an independent businessman with over 35 years of experience in the oil and gas industry, primarily with BP, a global integrated energy company. Mr. Bly led several key E&P units for BP in Alaska, the North Sea and in North America. Subsequently he was a member of the E&P Executive Group, overseeing an international portfolio. In his final role as Executive Vice President, Safety and Operations Risk, he led the transformational program to drive operational excellence and risk management across all of BP's global activities. Mr. Bly holds a Master of Science degree in structural engineering from the University of California, Berkeley and a Bachelor of Science degree in civil engineering from the University of California, Davis.

Brad Munro - Interim Chairman of the Board

Brad Munro was elected as a director of the Corporation on April 23, 2009 and served as lead director from April 28, 2020 to July 2, 2021. Mr. Munro was elected as Interim Chairman of the Board on June 6, 2022. He 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 executive management in oil and natural gas and other industries. Mr. Munro served as a director of Tervita (or its predecessors) for eight years and was the lead director of the independent committee on the privatization of Tervita. Mr. Munro is currently Chairman of MustGrow Biologics Corp., an agricultural biotech company listed on the Canadian Securities Exchange.

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 35 years of experience in the oil and natural gas industry. Mr. Nugent currently serves as a director of Shawcor Ltd., Hifi Engineering Inc., Variperm Holdings Inc., RGL Reservoir Management Inc., 8Sigma Energy Services Inc., Banff Sport Medicine Foundation, and the Pacific Salmon Foundation.

Susan Riddell Rose - Director

Susan Riddell Rose was appointed a director of SECURE on July 2, 2021 in connection with the Transaction. She was previously a director of Tervita beginning July 2018 following merger of Tervita with Newalta Corporation, and served on the Newalta Corporation board of directors prior thereto since May 2009. Ms. Riddell Rose is the President and Chief Executive Officer of Perpetual Energy Inc. and Rubellite 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

Jay Thornton was appointed a director of SECURE on July 2, 2021 in connection with the Transaction. He was previously a director of Tervita beginning December 2016. Mr. Thornton has over 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 has held several directorships in various public and private companies over the recent past. 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.

Deanna Zumwalt - Director

Deanna Zumwalt was elected as a director of the Corporation in April 2019. Ms. Zumwalt is President and CEO of Coril Holdings Ltd., a privately-owned company based in Calgary, which holds subsidiaries and investments globally in railway maintenance and service, real estate ownership, investment and advisory services, oil and gas pipelines as well as personal health and wellness services. Prior to her current role, she held the position of CFO as well as President and CFO from 2015 to 2020. 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.

 
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Code of Conduct

We adhere to high ethical standards in all of our business activities and all the Corporation's directors, officers, employees and consultants are expected to maintain these standards.

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. Clawback Policy
  5. Corporate Disclosure Policy
  6. Trading in Securities Policy
  7. Diversity and Inclusion Policy
  8. Position Description - CEO
  9. Mandate of the Board of Directors
  10. Position Description - Chairman of the Board of Directors
  11. Mandate of The Audit Committee
  12. Position Description - Chair of the Audit Committee
  13. Mandate of The Corporate Governance & Nominating Committee
  14. Position Description - Chair of the Corporate Governance & Nominating Committee
  15. Mandate of the Human Resources and Compensation Committee
  16. Position Description - Chair of the Human Resources & Compensation Committee
  17. Mandate of The Environment, Social, and Governance Committee
  18. Position Description - Chair of the Environment, Social & 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

Corporate
Head Office

Brookfield Place
2300, 225 6 Ave SW
Calgary, AB T2P 1N2

1 (403) 984 6100

24 HR Emergency Line
1 (877) 518-4321

Media Relations
1 (866) 537-1207

 

 

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