Edition:
United Kingdom

Chemtrade Logistics Income Fund (CHE_u.TO)

CHE_u.TO on Toronto Stock Exchange

11.74CAD
16 Nov 2018
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Summary

Name Age Since Current Position

Lorie Waisberg

76 2012 Independent Chairman of the Board of Trustees

Mark Davis

59 Chief Executive Officer, Trustee

Rohit Bhardwaj

2017 Chief Financial Officer, Vice President - Finance

Emily Powers

2016 Vice President - Human Resources

Leon Aarts

2018 Group Vice-President, Corporate Development and Strategy

Dan Dietz

2018 Group Vice-President - WSCC and EC

Tab McCullough

2018 Group Vice-President - Manufacturing

Michael St. Pierre

2018 Group Vice President - Sulphur Products & Performance Chemicals

Susan Pare

2017 General Counsel, Corporate Secretary

Lucio Di Clemente

59 2009 Independent Trustee

David Gee

70 2007 Independent Trustee

Susan McArthur

55 2012 Independent Trustee

Katherine Rethy

62 2015 Independent Trustee

Biographies

Name Description

Lorie Waisberg

Mr. Lorie Waisberg is Independent Chairman of the Board of Trustees of Chemtrade Logistics Income Fund. Mr. Waisberg has been a Trustee of the Fund since its IPO in 2001 and was appointed Chair of the Board in 2009. Mr. Waisberg holds Law Degrees from University of Toronto and Harvard University and had a distinguished 30 year legal career as a business law partner of Goodmans, LLP in Toronto. This was followed by direct business experience as the Executive Vice President, Finance and Administration of steel producer, Co-Steel Inc. prior to retirement. Mr. Waisberg has served on the board of directors of numerous Canadian public companies, including acting as a member and chair of audit, corporate governance, compensation and human resource committees. He is currently a director of the following public companies: Metalex Ventures Ltd., Americas Silver Corporation and Chantrell Ventures Corp. Mr. Waisberg holds an ICD.D designation as a professional corporate director.

Mark Davis

Mr. Mark A. Davis is Chief Executive Officer, Trustee of Chemtrade Logistics Income Fund. Mr. Davis has served as the Chief Executive Officer (“CEO”) of the Fund since its initial public offering (“IPO”) in 2001, and was initially a Trustee until the Board was restructured in 2004. He was re-elected to the Board in 2013. The Fund was formed as a spin-out of Marsulex Inc. (“Marsulex”), and Mr. Davis served as Marsulex’s President, North American Operations from 1999 to 2001 and prior to that, as President of Sterling Pulp Chemicals Inc. from 1996 to 1999. In addition to this chemical industry experience, Mr. Davis gained a broad exposure to a number of industries when he was a partner with Borden Elliot LLP, one of Toronto’s major law firms. He is currently on the board of directors of Great Canadian Gaming Corporation and is a director of Mount Sinai Hospital Foundation of Toronto, which is a not-forprofit organization. Mr. Davis has also served on a number of boards in the past, including Osprey Media Income Fund, ACS Media Canada Inc. and The Consumers’ Waterheater Income Fund (now EnerCare Inc.).

Rohit Bhardwaj

Mr. Rohit Bhardwaj is Chief Financial Officer, Vice President - Finance of the Company. Mr. Bhardwaj joined Chemtrade in January 2006 and oversees the Finance, Information Technology and Legal departments. He was previously Chief Financial Officer, Corporate Secretary and Executive Vice President, Operations of TSX-listed Inscape Corporation, an office furniture manufacturer. Mr. Bhardwaj is a Certified Management Accountant (U.K.), a fellow of the Chartered Association of Certified Accountants (U.K.) and a Certified General Accountant. He also has an executive MBA from the Kellogg School of Management (Northwestern University) and the Schulich School of Business (York University).

Emily Powers

Ms. Emily Powers is Vice-President, Human Resources of the company. She joined in June 2016 from SC Johnson Inc. where she was the Director of Human Resources for Canada and Puerto Rico. Prior to this, she held roles in Human Resources, Shared Services, Operations, and Business leadership in both the private and public sectors. Ms. Powers has 16 years of experience in the chemical industry. She holds a B.A.Sc. in Chemical Engineering from the University of Waterloo and an MBA from Queen’s University.

Leon Aarts

Mr. Leon Aarts is Group Vice-President, Corporate Development and Strategy of Chemtrade Logistics Income Fund. Mr. Aarts joined Chemtrade in 2005 and is responsible for profit management for all of Chemtrade’s business teams and product lines, as well as for functional leadership of the Sales organization. He has over 25 years of industrial chemicals experience in leadership roles in operations, sales and marketing, including holding various management positions with General Chemical and Marsulex in engineering, financial analysis and supply chain roles. Both General Chemical and Marsulex have since been acquired by Chemtrade. He has a Chemical Engineering degree from University of Waterloo and an MBA from Schulich School of Business at York University.

Dan Dietz

Mr. Dan Dietz is Group Vice-President - WSCC and EC of Chemtrade Logistics Income Fund Mr. Dietz joined Chemtrade in January 2014 as part of the General Chemical Acquisition. While at General Chemical, Mr. Dietz held several roles over a 15-year period. Most recently, he led the Water Treatment Chemicals business as Vice-President since April 2011 and prior to this he was Vice-President Finance from late 2009 and prior to this, Group Controller from mid-2004.

Tab McCullough

Michael St. Pierre

Mr. Michael St. Pierre is Group Vice President - Sulphur Products & Performance Chemicals of the Company. He joined Chemtrade in May 2012 from Huntsman Corporation, a manufacturer and marketer of differentiated chemicals. While at Huntsman Corporation, Mr. St. Pierre led Polyurethanes’ Global Thermoplastic business as Global Business Director from mid-2010 and prior to this he was Director of Business Development for Europe, Africa and the Middle East from 2007.

Susan Pare

Ms. Susan M. Pare is General Counsel, Corporate Secretary of the Company. Ms. Paré leads the Legal Department and is Corporate Secretary of the Board of Trustees of Chemtrade Logistics Income Fund and of the boards of directors of the Chemtrade Group entities. She joined Chemtrade in 2006, having practised law at Osler, Hoskin & Harcourt LLP previously. She holds a BA(Hon) from the University of Western Ontario and an LLB from the University of Toronto.

Lucio Di Clemente

Mr. Lucio Di Clemente is Independent Trustee of Chemtrade Logistics Income Fund. Mr. Di Clemente joined the Board of Trustees in 2009 and was appointed the Chair of the Audit Committee in 2010. Mr. Di Clemente is a management consultant and corporate director. He was appointed President of West 49 Inc., an apparel and hard goods retailer in December 2010 and served in that role until the sale of the business in February 2014. Mr. Di Clemente’s executive experience spans numerous sectors, including manufacturing, retail, health sciences and distribution. He is a CPA, CA and holds an MBA from the University of Toronto. Mr. Di Clemente has chaired and served on numerous boards including public and private companies as well as charitable institutions and holds an ICD.D designation as a professional corporate director. He is currently a director of FER-PAL Infrastructure, a subsidiary of Logistec Corporation, a public company.

David Gee

Mr. David M. Gee is an Independent Trustee of Chemtrade Logistics Income Fund. Mr. Gee was first appointed a Trustee of the Fund upon its IPO in 2001 and has served as the Chair of the Responsible Care Committee since that time. He has rich chemical industry experience, having acted as President and CEO of Marsulex for the decade before his retirement. Prior to that Mr. Gee was President and CEO and an owner of an aerospace manufacturing company as well as President and CEO of another TSX-listed company. Mr. Gee holds a BSc and an MBA from the University of Toronto. He has served on the boards of directors of numerous public and private companies as well as charitable organizations.

Susan McArthur

Ms. Susan J. McArthur is an Independent Trustee of Chemtrade Logistics Income Fund., since August 8, 2012. Ms. McArthur has been a Trustee of the Fund since 2012. Since April 2013, she has been a Managing Partner with GreenSoil Investments, a private equity investing firm specializing in agro food tech and building innovation technology. Ms. McArthur has advised corporate clients on a broad range of transactions including acquisitions and divestitures, public and private equity and debt financing, capital restructuring and other strategic initiatives. Ms. McArthur currently sits on the board of directors of public companies Great-West Lifeco Inc. and IGM Financial Inc. She has previously served as a director on a number of other boards, including First Capital Realty Inc. and she was chair of the Board of Management of the Canada Revenue Agency. She is a graduate of the University of Western Ontario and has completed the ICD.D professional corporate director course.

Katherine Rethy

Ms. Katherine A. Rethy is Independent Trustee of the Chemtrade Logistics Income Fund. Ms. Rethy has been a Trustee of the Fund since 2015 and was appointed Chair of the Compensation and Corporate Governance Committee in 2016. Ms. Rethy is an independent corporate director. Ms. Rethy has extensive experience in procurement, logistics and operational matters and was previously Senior Vice President, Global Services at Falconbridge Ltd. Prior to joining Falconbridge she was an executive with Dupont Canada Inc. Ms. Rethy has a J.D. from the University of Windsor, a B.Sc. from the University of Toronto, an M.B.A. from York University, and an M.A. from Lancaster University in the U.K and has completed the ICD.D professional corporate director course. Ms. Rethy also serves as a director of Toromont Industries Ltd., and previously served as a director of SBM Offshore NV (Netherlands), Equitable Bank, TransForce Inc. and several not-for-profit organizations.

Basic Compensation

Name Fiscal Year Total

Lorie Waisberg

208,857

Mark Davis

4,363,030

Rohit Bhardwaj

1,119,000

Emily Powers

--

Leon Aarts

1,211,420

Dan Dietz

--

Tab McCullough

1,211,380

Michael St. Pierre

874,250

Susan Pare

--

Lucio Di Clemente

156,246

David Gee

156,246

Susan McArthur

150,596

Katherine Rethy

194,346
As Of  31 Dec 2017