Corporate Governance

The Directors of Clearwater Seafoods Incorporated, the Board of Directors of CS ManPar Inc. (the managing partner of Clearwater Seafoods Limited Partnership), and the management team of Clearwater are committed to a high standard of corporate governance. Effective corporate governance requires specified reporting structures and business processes, a strategic planning process, and a commitment to work according to these. We believe that sound corporate governance contributes to unitholder value and to trust and confidence in Clearwater.

Learn more on Corporate Governance in our 2016 Management Information Circular.

Executive

Ian D. Smith | Chief Executive Officer

Mr. Ian D. Smith is the Chief Executive Officer of Clearwater Seafoods. Smith joined Clearwater in May 2010 bringing to this role over 29 years’ of global experience in the food and consumer products industry. Prior to joining Clearwater, Smith held senior leadership positions at Campbell Soup Company in the United States, China and Canada including Vice-President and General Manager of Campbell Soup Company Greater China and Vice-President of Business Development for North America. Prior to Campbell, Smith held positions in marketing, sales and international business development with Allergan, Colgate-Palmolive and the Gillette Company.

Smith is a Board Member of the Business Council of Canada, a Board Member of the Chartered Professional Accountants of Canada’s Corporate Oversight and Governance Advisory Board, a member of the Board of Governors of Food & Consumer Products of Canada, a Board Member of The Atlantic Provinces Economic Council, and a member of the Rabobank North America Agribusiness Advisory Board. Smith is a five time recipient of Atlantic Business Magazine recognition as a Top 50 CEO in Atlantic Canada.

Mr. Smith is a graduate of McGill University (BA Economics, MBA) and a former Captain in the Canadian Armed Forces Reserve.

Teresa Fortney | Vice-President, Finance and Chief Financial Officer

Ms. Teresa Fortney joined Clearwater in March 2016 as Vice President, Finance and Chief Financial Officer. Teresa is responsible for financial and management reporting, accounting, financial planning and analysis, treasury, taxation and investor relations. With over 29 years of senior leadership experience in the consumer foods industry, Teresa has spent most of her career working in growth oriented, multi-site manufacturing and distribution environments. Prior to joining Clearwater, Teresa held a variety of financial leadership roles at Maple Leaf Foods, Schneider Foods and McCormick with her most recent role as Chief Financial Officer of Wescast Industries. These roles have provided her with extensive operational, capital markets, international and mergers and acquisition experience.

Teresa is a Chartered Professional Accountant and Fellow of the Chartered Professional Accountants Association of Canada (“FCPA, FCMA”) and a University of Waterloo mathematics graduate.

Teresa has been a board member for numerous charitable and professional organizations and is currently a member of the Chartered Professional Accountants Association of Canada’s Strategic, Management Accounting and Finance Advisory Board.

Ron van der Giesen | President Global Supply Chain

Ron is responsible for what and how we harvest, procure, process, package, warehouse, innovate and deliver superior customer satisfaction and value with the highest quality and safety. Ron brings more than 25 years of global supply chain management and leadership experience to Clearwater and is a highly accomplished global Supply Chain and Manufacturing Operations executive. Prior to 2014, Ron held leadership positions at Unilever and CSM Bakery Supplies and has managed numerous supply chain and manufacturing improvement initiatives in the United States, Europe and the Middle East. Ron holds two Bachelor’s degrees in Analytical Chemistry, and Computer and Process Equipment, and a Master’s degree in Chemical Process Engineering.

Greg D. Morency | President Global Markets & Chief Commercial Officer

Greg is responsible for the global delivery of Clearwater’s growth plans including the execution of go to market strategies which target profitable and growing markets, channels and customers as well as product innovation, and margin optimization. Greg has over 26 years of experience within the industrial and consumer sectors with a strong focus in the food industry. Prior to joining Clearwater in 2011, Greg held a senior leadership position as Vice President and General Manager Asia Pacific for Tate and Lyle, PLC. Greg is a graduate of Robert Morris University where he earned a Masters in Business Administration degree. Greg has a BS and BA from Duquesne University.

Christine A. Penney | Vice President, Sustainability and Public Affairs

Christine joined Clearwater in 1995 and is responsible for the oversight of corporate sustainability programs, including fisheries research and management of each of our core fisheries and 3rd party certification programs. She is also responsible for public affairs and corporate communications. Christine has been on the Board of Trustees for the Marine Stewardship Council (Co-chair of Stakeholder council) since 2009 and serves on the board of directors for several industry associations including the Fisheries Council of Canada, Seafood Producers of NS, and the Association of Sustainable Fisheries. Christine is a graduate of Dalhousie University where she received a BS and a Masters in Marine Management.

David J. Kavanagh | Vice President and General Counsel

David is responsible for managing the legal affairs of Clearwater. David has over 30 years of experience in corporate and commercial law. Prior to joining Clearwater in 2003, David was Assistant General Counsel, the Americas for BHP Billiton Limited. David is a graduate of Acadia University where he received a BSc. Degree, and Dalhousie University where he received MBA and LLB degrees. David is a member of the Alberta, Ontario and Nova Scotia Law Societies and the Canadian Bar Association.

Dieter Gautschi | Vice President Human Resources

Dieter Gautschi is accountable for Human Resources globally. He works with the business to drive organizational performance and Clearwater’s organizational capability and capacity. Dieter joined Clearwater in July 2015 bringing over 15 years of global experience in senior Human Resource roles in the food and retail industry. Prior to Clearwater, Dieter was Vice President of Leadership Planning and National Director of Human Resources for Sobeys Inc., he also held senior roles in Human Resources with Coca Cola in Europe. A Canadian citizen and native of Switzerland, Dieter holds a Master of Science degree in Industrial and Organizational Psychology and a degree as Naval Architect.

Kirk Rothenberger | Chief Information Officer, Information Services

Kirk Rothenberger is a Canadian citizen who was educated at the University of Victoria in British Columbia with a Bachelor of Computer Science. He joins Clearwater from Essar Steel Algoma Inc. in Sault Ste. Marie, Ontario where he held the role of CIO, IT and Business Process Improvement. Prior to this position, Kirk was employed for over 20 years with Alcan/Rio Tinto Alcan/Amcor Inc., fulfilling a variety of different roles. He became the Director of Field Operations for the Americas and EMEA, where he administered corporate Global Business IT services, collaborating across diverse teams in Asia Pacific, EMEA and the Americas. Kirk brings a wealth of expertise in many areas of IT, including infrastructure shared services, SAP and other ERP systems, as well as leveraging powerful enterprise enabling systems with experience on a global scale.

Directors

Colin MacDonald

Mr. Colin MacDonald co-founded Clearwater with Mr. John Risley in 1976 and has served in various capacities within Clearwater from that time. He is currently Chairman of the Corporation as well as executive VP of Clearwater Fine Foods Incorporated (“CFFI”) a company he shares equally with Mr. Risley. Prior to that Mr. MacDonald was the CEO of Clearwater Seafoods Limited Partnership (“CSLP”) until May 2010 and he is the former Chairman of CSLP from January 2009 – October 2011.
He has also been active in community related associations, including his former roles as Chair of the IWK Foundation, Chair of the Prince Charities Canada Event in Halifax in 2013. He has acted as Honorary Chair of UNICEF Dinner, the Phoenix House Dinner and other served charitable fundraising efforts as well as serving as Chair of Fund Raising Campaigns for Children’s Wish, Red Cross and others. In addition he has received a number of awards such as the Courage to Give Back Award, Top 50 CEO and Honorary Degrees for his charitable efforts, most notably Doctorate’s from Dalhousie University, St Mary’s University and University of Prince Edward Island. Colin holds a Bsc from Dalhousie and is a graduate of the Harvard University President’s Program on Leadership.

John Risley

John Risley is the co –founder of Clearwater Fine Foods Inc serving as Chairman and President. Clearwater Fine Foods is an active investment/holding company with its major investments in Seafood Harvesting and Processing, through Clearwater Seafoods Limited and Telecommunications, through its investment in Cable and Wireless PLC. John serves on the Board of Directors of both these public companies.

Mr. Risley was named an Officer of the Order of Canada and was inducted into the Nova Scotia Junior Achievement Business Hall of Fame in 1997. He has received numerous awards, including Atlantic Canadian Entrepreneur of the Year and a Canada Award for Business Excellence in Entrepreneurship. He is also a graduate of Harvard University’s President’s Program and Leadership.

Jane Craighead

Jane Craighead ‎is a Senior Vice President in Global Human Resources at Scotiabank. Her corporate experience also includes similar roles at Alcan and Rio Tinto, a large UK based mining conglomerate. Jane is a Chartered Accountant (CA) and Chartered Professional Accountant (CPA) and worked for many years in practice and in consulting. She holds a PhD in Management from McGill University.

She is also on the Board of Regents at Mount Allison University where she chairs the Investment Committee. Jane has many years of experience on the HR side of mergers and acquisitions as well as post transaction integration. Jane is currently based in Toronto at Scotiabank’s corporate offices, and has worked and lived globally. Jane has published research on executive compensation and corporate governance. She has also been awarded Canada’s Top 100 Most Powerful Women.

Larry Hood

Larry Hood, Chair of the Audit Committee, is a retired assurance partner, having spent his entire 35 year career, with the accounting firm KPMG. Mr. Hood holds a Bachelor of Commerce from Saint Mary’s University and is a Chartered Accountant. During Larry’s career he served many clients, gaining extensive experience in the fishing industry. He has been involved with many community projects and in 2014 he retired from the Board of Governors of Saint Mary’s University having served for 17 years on the board as well as chairing and participating on various committees.

Harold Giles

Harold Giles is a former senior executive with General Electric and Bell with extensive experience in global businesses in Operations General Management, Business Restructuring and Human Resources, in Canada, the United States and Europe. Since retiring he has provided operations and leadership consulting to Corporations in Canada and in Europe and to not-for-profit organizations.

Brendan Paddick

Brendan Paddick is the founder and chief executive officer of Columbus International Inc. Columbus provides digital video, broadband internet, IP voice, wholesale capacity and IP services, as well as cloud-based corporate data solutions and data center hosting throughout 42 countries in the greater Caribbean, Central American and Andean region.

Mr. Paddick holds a Bachelor of Commerce and a Master of Business Administration from Memorial University of Newfoundland and graduated from the Advanced Management Program at Harvard University. Mr. Paddick has extensive capital market experience and was selected as one of Canada’s Top 40 under 40 in 2000. He was named Ernst & Young’s Atlantic Canadian Business-to-Business Entrepreneur of the Year in 2011, is a member of the Atlantic Business Hall of Fame and was honoured as Memorial University’s Alumnus of the Year in 2013.

Mickey MacDonald

Mr. MacDonald has an Honorary Doctorate of Commerce from Saint Mary’s University and has won numerous business and personal awards including the 2008 Nova Scotia Humanitarian of the Year, 2007 Halifax Chamber of Commerce Business Person of the Year, 2006 was inducted into the Business Hall of Fame by Atlantic Business Magazine as a five time winner of the Top 50 Atlantic Canadian CEO’s, 2005 Nova Scotia Philanthropist of the Year, 2004 Newfoundland Philanthropist of the Year, and Ernst and Young Entrepreneur of the Year.

Stan Spavold

Stan Spavold, FCA, CPA (California) joined Clearwater Fine Foods Incorporated as Executive Vice-President in November of 2002. Working alongside the President of CFFI, Mr. Spavold provides a broad oversight role at Clearwater serving on the Boards of the public and private companies over which Clearwater has significant influence or control. Stan serves on the Board of Directors of Columbus International Inc., FP Resources Limited, Coastal Shellfish Limited Partnership, Norvista Capital Limited Partnership, BIOX Corporation and BIOX Canada Limited. He is active in a number of community not-for-profit organizations.

Jim Dickson

Jim M. Dickson, Q.C., P.Eng. – Mr. Dickson is a Partner with the law firm Stewart McKelvey practicing primarily in the areas of mergers & acquisitions and corporate finance and securities. In addition to practicing law, he is a professional engineer and a Registered Trade-mark Agent. Mr. Dickson is a member of the CBA, NSBS and the Association of Professional Engineers of Nova Scotia. He is the Chair of the Board of Regents Mount Allison University and past Chair of the IWK Health Centre Foundation.

Useful Links

The following is a listing of useful fishery related websites. Please note that a number of these sites provide summary level information free of charge but require a subscription to obtain more detail.The information contained in this document was accurate at the time of preparation, but may be superceded by subsequent changes. This listing has been prepared for reference purposes only and the inclusion of a website on this list should not be considered an endorsement.

Department of Fisheries and Oceans

The national home page of the Department of Fisheries and Oceans. Contains useful information on various departmental policies, copies of the latest scientific reports, the latest Departmental news releases as well as statistical information on fishing and other ocean industries.
www.dfo-mpo.gc.ca

North Atlantic Fisheries Organization

The website of the North Atlantic Fisheries Organization (NAFO). Contains background information on the organization as well as publications on the management and relevant science for NAFO managed stocks.
www.nafo.int

UN Food and Agriculture Organization’s Fisheries Department

Home page for the UN Food and Agriculture Organization’s Fisheries Department. Provided information on FAO fisheries related activities and programs such as the Code of Conduct for Responsible Fisheries. Provides global statistics on fisheries.
www.fao.org