Corporate Governance

Elexicon Energy is committed to maintaining and continuously evolving its good governance practices.

Elexicon Energy Inc. is a subsidiary of Elexicon Corporation Inc. that is 100% owned by five municipal shareholders: the City of Pickering, Town of Ajax, Town of Whitby, City of Belleville and Municipality of Clarington.

Board of Directors

Paul Murphy
P.Eng.

Chair,
Independent Director

Ted Baker
C.Dir

Sr. Conservation Account Manager,
CLEAResult

Ron Chatterton
C.Dir

President

Niche Advantage Consulting Ltd.

Dave McGregor
HRCC

Independent Director

Nicole McNeill
ICD.D

President & Chief Administrative Officer,
Municipal Property Assessment Corporation

Sean O'Dwyer
ICD.D

Independent Director

Doug Parker
CPA-CMA

Independent Director

Board and Committee Attendance

Committees

Audit, Finance & Risk Committee

The Audit, Finance & Risk Committee assists the Board in fulfilling its oversight responsibilities in relation to the review of annual operating and capital expenditure plans, financial statements, accounting practices and policies, auditing processes and the results of internal and external audits and related matters. It also oversees financial risk management and assesses internal controls.

Human Resources, Compensation and Governance Committee

The Human Resources, Compensation and Governance Committee reviews the Corporation’s governance structures and practices to ensure that the Board of Directors can fulfill its mandate. It reviews people resources and compensation practices to ensure systems are in place to attract, retain and motivate best in class employees. It also reviews and assesses the performance of the President and Chief Executive Officer, oversees the Board Assessment process, and monitors compliance with codes of conduct.

Nominating Committee

The Nominating Committee, with the assistance of outside consultants, identifies and evaluates potential candidates for appointment as Directors.

Up Next:

2021 Highlights

In early April, Elexicon Energy filed its new consolidated 2021-2026 Distribution Systems Plan (“DSP”) with the Ontario Energy Board (“OEB”).