OAKVILLE, ON, Dec. 18, 2019 /CNW/ - Spark Power Group Inc.
(TSX: SPG), parent company of Spark Power Corp. ("Spark
Power" or the "Company"), is pleased to announce that
Lucio Di Clemente has joined the
Board of Directors at Spark Power.
Di Clemente, a practitioner and
advocate for effective corporate governance brings thirty years'
experience leading and serving on public company, private company,
and not-for-profit boards of directors. He currently serves as
Director and as the Audit Committee Chair for Chemtrade Logistics
(CHE.UN) and as a Corporate Director of Fer-Pal Infrastructure. In
addition, Di Clemente serves as an
Executive Mentor with CEO Global Network, coaching and mentoring
highly successful entrepreneurs and corporate executives who lead
organizations with aggregate revenue of approximately $5B and employing over 10,000 people.
Di Clemente also becomes a member of
the Audit Committee of Spark Power.
"I am very pleased to welcome Lucio to the Spark Power board,
and in his additional role as a member of the Audit Committee",
said Larry Taylor, Board Chairman,
Spark Power Corp. "Lucio joins Spark Power at an exciting time
where we continue to drive toward our vision to be our customers'
Trusted Partner in Power™, scaling to a $1B North American wide organization in the
coming years. The addition of Lucio complements and enhances the
experience and skillset held by our current board of directors and
I am confident that he will provide valuable leadership as we
continue to execute on our strategy of driving profitable,
operational, and corporate development initiatives that bring value
and continued confidence to our financial stakeholders."
Di Clemente's prior career
includes experience leading iconic Canadian companies as an
executive (West 49 Inc., Mattamy Homes Ltd., Brewers Retail Inc.,
MDS Inc., The Second Cup Ltd., and Thrifty Canada Ltd.), as a
corporate director (West 49 Inc., St.
Joseph's Health Centre Foundation, and Granby Industries
Income Fund), and as a business advisor (Vengrowth Private
Equity).
"As an experienced business leader, corporate director, and
business advisor, Lucio brings a wealth of operational excellence
and experience with financial transactions—having been instrumental
in closing deals with an aggregate value of over $3B over the course of his career," said Andrew
Clark, Co-Founder & Co-CEO, Spark Power Corp. "Lucio's
passion and dedication for integrating acquisitions, increasing
revenues, and aligning a company's vision and culture for long-term
maximum success makes him the perfect candidate for this role here
at Spark Power and we are very honored by his decision to work with
us," added Jason Sparaga, Co-Founder
& Co-CEO, Spark Power Corp.
Spark Power's other independent directors consist of
Larry Taylor, President, Taylor Made
Solutions; Hon. Howard I Wetston, Q.C, Senator; Daniel Peloquin, CEO and Managing Partner of
Daniel Peloquin Consulting; Joe
Quarin, President and CEO of Q5 Capital Inc.; and
Sharon Ranson, President, The Ranson
Group Inc.
About Spark Power
Spark Power is the leading independent provider of end-to-end
electrical contracting, operations and maintenance services, and
energy sustainability solutions to the industrial, commercial,
utility, and renewable asset markets in North America. We work to earn the right to be
our customers' Trusted Partner in Power™. Our highly skilled and
dedicated people, located in the communities we serve, combined
with our knowledge of the power industry, technology expertise, and
commitment to safety, ensures we deliver the right solutions that
keep our customers' operations up and running today and better
equipped for tomorrow. Learn more at www.sparkpowercorp.com.
Forward-Looking Statements
This news release may contain forward-looking statements
(within the meaning of applicable securities laws) which reflect
Spark Power's current expectations regarding future events.
Forward-looking statements are identified by words such as
"believe", "anticipate", "project", "expect", "intend", "plan",
"will", "may", "estimate" and other similar expressions. These
statements are based on Spark Power's expectations, estimates,
forecasts and projections and include, without limitation,
statements regarding the future success of Spark Power's long-term
growth strategy and execution thereof by Mr. Taylor.
The forward-looking statements in this news release are not
guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. Several
factors could cause actual results to differ materially from the
results discussed in the forward-looking statements. Readers,
therefore, should not place undue reliance on any such
forward-looking statements. Further, these forward-looking
statements are made as of the date of this news release and, except
as expressly required by applicable law, Spark Power assumes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
SOURCE Spark Power Group Inc.