Effective Year-End Governance for Boards and Executives

January 30, 2023

There are rising expectations for Canadian Board governance, and end of the year Board cycle is a good time to evaluate the effectiveness of Board oversight and alignment to strategic futures.

Our Fireside Chat Features:


Margaret McKenzie

Board Director – CN Railway, PrairieSky Royalty, Spur Petroleum Ltd. and North40 Resources Ltd.


Alicia Macdonald

Senior Manager – Economics & Policy Advisory, Deloitte


Sue Riddell Rose

President and CEO – Perpetual Energy and Rubellite Energy
Board Director – Paramount Resources Ltd., Secure Energy and AltaLink, L.P.


Catherine Samuel

Partner – McCarthy Tétrault
Board Director – Board Ready Women
Director & Vice-Chair – Theatre Calgary

Moderated by:


Jennifer Koury

Co-Founder / Director –  Board Ready Women
Board Director –  Bird Construction
Corporate Director – Crescent Point Energy
Vice-Chair – Calgary Zoo

We are pleased to invite you to join our next Board Ready Women event on January 30th from 4:30 to 7:00 pm (MT). We are hosting this event in-person and virtually. In-person registration starts at 4:00 pm, with the panel starting at 4:30 pm, followed by cocktails and networking.

In-person attendance is limited to 100 attendees so register early!

There are rising expectations for Canadian Board governance, and the end of the year Board cycle is a good time to evaluate the effectiveness of Board oversight and alignment to strategic futures. At the session, we will address annual governance areas of Boards relative to:

  • Financial performance
  • Evaluating Corporate Performance
  • Shareholder Reporting

 

We will provide the current economic outlook and regulatory updates that are important for Board Members to know and have a discussion with the panelists on their take on 2023.


Speakers' Bios:

Margaret McKenzie


Board Director of CN Rail, PriairieSky Royalty, Spur Petroleum Ltd., North40 Resources Ltd.

My principal occupation is a corporate director presently serving on the boards of two public companies – CN Railway and PrairieSky Royalty and two privately held energy companies – Spur Petroleum Ltd. and North40 Resources Ltd.

From 2000-2014, I was the CFO/founder/director of a team that built four successful private oil and natural gas entities including Profico Energy (2000-2006), Range Royalty Partnership (2006-2014), Spur Resources (2006 – 2017) and HomeQuarter Resources (2010-2013).  My early career included five years at Arthur Andersen (1983-1987) and eight years at Renaissance Energy Ltd. (1987-1995).  From 1995-1999, I was a partner in an entrepreneurial startup, Pipestone Travel Outfitters. Over my 30+ year career in the energy sector, I have developed expertise in financial reporting, treasury, corporate finance and risk management. My experience also includes management and oversight of strategy, governance,  mergers and acquisitions, human resources and compensation, capital allocation and budgeting. The personal attributes that have served me well include honesty, empathy, entrepreneurial thinking combined with analytical skills and a good sense of humor.

On a personal note, I have been married to David Farran since 1991.  We have two children: Leigh (28) is a family doctor working in the Fraser Health District in B.C. and Tom (25) is a private equity associate in Calgary.  David grew up in Calgary and is the founder of Eau Claire Distillery in Turner Valley.  

Education and Professional Designations

Institute of Corporate Directors – ICD.D

2013

Institute of Chartered Professional Accountants -CA

1985

Institute of Chartered Professional Accounts – FCA

2022

Bachelor of Commerce, University of Saskatchewan

1983

 

Alicia Macdonald


Senior Manager, Economics & Policy Advisory, Deloitte

Alicia Macdonald is a Senior Manager in the Economic Advisory practice based in Ottawa. Alicia has nearly 20 years of professional experience as an economist with specializations in forecasting, econometric modeling, economic impact studies and policy analysis. Prior to joining the Economics and Policy Advisory group at Deloitte, Alicia was the Associate Director of Economic Forecasting at the Conference Board of Canada. Alicia has an MA in Economics from the University of Victoria and an HBCom degree in finance and economics from Lakehead University.

 

Sue Riddell Rose


President and CEO, Perpetual Energy and Rubellite Energy


Board Director, Paramount Resources Ltd., Secure Energy and AltaLink, L.P.

Sue Riddell Rose is President and Chief Executive Officer of Perpetual Energy and Rubellite Energy, both of which are junior oil and gas exploration and production companies listed on the TSX. Sue graduated from Queen’s University, Kingston, Ontario with a Bachelor of Science in Geological Engineering (1986), began her career as a geological engineer with Shell Canada and has over 35 years of experience in the Canadian oil and natural gas industry. From 1990 until 2002 Sue held various roles at Paramount Resources Ltd. culminating in the position of Corporate Operating Officer. With the spin out of Paramount Energy Trust in 2002, Sue assumed the role of President and has led the organization for close to 20 years through several strategic structuring initiatives including the corporate conversion to Perpetual Energy in 2010, and the plan of arrangement to form Rubellite Energy in 2021. Sue has been a Director of Paramount Resources Ltd. since 2000 and is also a Director of Secure Energy and AltaLink, L.P.

Sue is a member of the Association of Professional Engineers and Geoscientists of Alberta, the Canadian Society of Petroleum Geologists, and the American Association of Petroleum Geologists. She is currently serving as a Governor of the Canadian Association of Petroleum Producers and a member of the Business Council of Alberta.

Sue is actively involved with a number of not-for-profit organizations including UNICEF Canada, Fulbright Canada and Canada Powered By Women. Sue is past Chair of the United Way of Calgary and Area, and previously served as a member of the Board of Trustees of Queen’s University, Mount Royal University and Alberta’s Promise.

 

Catherine Samuel


Partner, McCarthy Tétrault


Board Director, Board Ready Women


Director & Vice Chair, Theatre Calgary

Cathy is a partner in the Business Law and Technology Groups of McCarthy Tétrault LLP where she currently leads the national Procurement Group and is Alberta Chair of the Inclusion Now PRIDE Committee. With over 20 years’ experience, Cathy’s practice focuses on complex M&A and commercial transactions, acting for early stage and mid-market companies as well as large Canadian and international clients in the energy, telecommunications, technology, retail, cannabis, financial services and healthcare industries. Cathy is recognized as a Leading Lawyer by Chambers Canada in the area of Corporate/Commercial (Alberta) and by Lexpert in the areas of Corporate Mid-Market, Computer & IT Law and Technology Transactions.

Cathy currently serves on the board of Theatre Calgary, where is she is Chair of the HR Committee and a member of Governance & Nominating Committee. She is also a director of Apollo Endosurgery Canada Ltd. She is the Corporate Secretary for Pulse Seismic Inc. (TSX: PSD) and Baby Gourmet Foods Inc.