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DIRTT Environmental Solutions Ltd (DRT.TO)

DRT.TO on Toronto Stock Exchange

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18 Oct 2018
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Summary

Name Age Since Current Position

Steve Parry

2018 Chairman of the Board

Kevin O'Meara

53 2018 Chief Executive Officer, Director

Geoffrey Krause

2018 Chief Financial Officer

Tracy Baker

2007 Chief Operating Officer

Ha Tran

2017 Vice President - Finance

Geoff Gosling

2004 Vice President - Product Development

Barrie Loberg

2004 Vice President - Software Development

Derek Payne

2017 Corporate Secretary

John Elliot

64 2018 Director

Ronald Kaplan

66 2018 Director

Todd Lillibridge

62 2017 Director

Denise Turner

2015 Director

Wayne Boulais

2014 Independent Director

Gregory Burke

58 2005 Independent Director

Christine McGinley

58 2013 Independent Director

Biographies

Name Description

Steve Parry

Mr. Steve Parry is Chairman of the Board of the Company. Mr. Parry has more than 25 years of experience in the mining and finance industries, including his roles as an Executive Chairman of Grenville Strategic Royalty Corp., a public Canadian company providing capital to industrial and technology companies using a royalty-based finance solution; as a Managing Member of NGEN Partners, a US-based cleantech venture capital firm which has raised more than $500 million in capital and has investments in leading firms in the solar, power-tech, renewable energy and project finance industries; and as a General Manager, Innovation at BHP Billiton Exploration and Development, a subsidiary of BHP Billiton, the world’s largest mining company. Steve is a professional geologist, holds a Bachelor of Science degree from Queen’s University and a Masters in Science degree from the University of Western Ontario and has completed executive education programs at Harvard, Columbia, Wharton and the London Business School. Mr. Perry currently serves as Chairman of the board of directors and Co-Founder of Grenville Strategic Royalty Corp. Steve also currently serves as a director of several private and non-profit organizations.

Kevin O'Meara

Mr. Kevin P. O'Meara is Chief Executive Officer, Director of the Company. He has had a highly successful 30-year business career, including the last 20 years in construction-related industries. Most recently he has been working as an advisor to several blue-chip private equity firms. Prior to working in this capacity, Mr. O'Meara was the President and Chief Executive Officer of Atrium Corporation, North America's largest vinyl and aluminum window manufacturer. He was also a co-founder of Builders FirstSource, serving as Chief Financial Officer as well as President and Chief Operating Officer. As President and Chief Operating Officer, Mr. O'Meara was responsible for all of Builders' operations and instrumental in growing the company from inception to $2.4 billion in revenue from a combination of integrating 23 acquired companies as well as organic growth. He was also intimately involved in the company's initial public offering.

Geoffrey Krause

Mr. Geoffrey D. Krause has been appointed Chief Financial Officer of the Company effective June 4, 2018. Mr. Krause was most recently the chief financial officer at Pure Technologies, a company that develops and manages innovative technologies for critical infrastructure, and which generated approximately 60 per cent of its revenues from United States markets. In that role, Mr. Krause led the development and execution of an annual strategic planning process and the creation of an organization-wide financial process redesign. Pure was acquired by Xylem Inc. in early 2018 at a 103-per-cent premium. Mr. Krause brings extensive experience in financial management, including more than 15 years in senior financial executive roles for mid- and large-cap public companies. Mr. Krause holds the designations of certified public accountant from the American Institute of Certified Public Accountants, and chartered accountant from the Institute of Chartered Accountants of Alberta. He also holds a bachelor of administration degree with distinction from the University of Regina.

Tracy Baker

Ms. Tracy Baker is Chief Operating Officer of Dirtt Environmental Solutions Ltd. She has more than 17 years of experience in the financial management industry and accountancy profession, including her roles as a consultant for the TSX Venture Exchange and Veritas DGC, a public oil and gas service company; and as the Senior Manager of Small Business Division at PricewaterhouseCoopers LLP. Tracy has been a part of the DIRTT team since 2004. Tracy is a member of the Institute of Chartered Accountants of Alberta.

Ha Tran

Geoff Gosling

Mr. Geoff Gosling is Vice President - Product Development of Dirtt Environmental Solutions Ltd. Mr. Gosling co-founder of DIRTT, has more than 22 years of experience in the design and interior construction industries, including his role as Manager of Research and Development at Evans Consoles. Geoff has earned numerous awards for his designs and in 2012 was named one of the Top 10 Most Innovative Product Designers in Healthcare by the industry’s foremost publication, Healthcare Design Magazine. Geoff has also taught for several years as Adjunct Professor at the University of Calgary in the Faculty of Environmental Design. Geoff holds a Masters degree in Environmental Design (Industrial Design) from the University of Calgary.

Barrie Loberg

Mr. Barrie Loberg is Vice President - Software Development of Dirtt Environmental Solutions Ltd. Mr. Loberg is co-founder of DIRTT, is the inventor of ICE and has more than 22 years of experience in the technology and interior construction industries, including his role as Director of Solutions and Technology of Evan Consoles. Barrie received the Alberta Venture’s Award for Most Enterprising Employee in 2000 for his role in the implementation of new technologies, including an Automated Proposal Generator.

Derek Payne

Mr. Derek Payne is Corporate Secretary of the Company. He has over 22 years of experience in the financial management industry and accountancy profession, including his roles as the Treasurer of Petrowest Corporation, a diversified energy industry service provider, as the CFO of Filterboxx Water & Environmental Corp., a provider of packaged water and wastewater treatment facilities, and as the Treasurer and VP, Finance and Corporate Services of WestJet Airlines Ltd. Derek is a member of the Institute of Chartered Accountants of Alberta.

John Elliot

Mr. John F. (Jack) Elliott is Director of the Company. Mr. Elliott served as President of Pure Technologies Ltd. since 2009 and CEO since 2014 until the company was acquired in February 2018. Since joining Pure in 1996 Mr. Elliott served in a number of key senior management positions and was instrumental in building the company into the world leader in technology-driven condition assessment, monitoring and analysis of water, wastewater and oil & gas pipelines. During Mr. Elliott's tenure as President and later CEO, revenue and Adjusted EBITDA grew by more than 400% and 700%, respectively. Prior to joining Pure Technologies, Mr. Elliott was General Manager of Structural Diagnostics Limited, Operations Manager and General Manager of CCD Western Limited, and Operations Manager for Cana Construction Limited. Mr. Elliott is a Past President of the American Concrete Institute (Alberta Chapter).

Ronald Kaplan

Mr. Ronald W. Kaplan is Director of the Company. Mr. Kaplan is the Chairman of Trex Company ("Trex"), the leading manufacturer of wood alternative decking materials known for its long-tailed secular growth opportunity, dramatic financial success, and environmental sustainability. Trex (NYSE: TREX) has a market capitalization of approximately US$3.2 billion. As Chief Executive Officer ("CEO") from 2008 until 2015 and subsequently Chairman, Mr. Kaplan led a dramatic turnaround that has resulted in greater than 70% growth in revenue, and an improvement of EBITDA from negative to more than positive US $150 million and a total shareholder return in excess of 2400%. Mr. Kaplan has also served as the Chief Executive Officer and President of Continental Global Group Inc. and held numerous senior roles in the Harsco Corporation. He has also serves as a director of ECORE International Inc. and CaesarStone Ltd.

Todd Lillibridge

Mr. Todd W. Lillibridge serves as Director of the Company, with effective from Aug. 2, 2017. Mr. Lillibridge is executive vice-president, medical property operations, at Ventas Inc. and brings more than 35 years of experience in the health care and real estate industries. Ventas, an S&P 500 company and $35-billion real estate investment trust, is the premier capital provider to leading health care companies with a portfolio of approximately 1,300 properties including medical office buildings, life science and innovation centres, in-patient and long-term acute care facilities, and seniors housing.

Denise Turner

Ms. Denise E. Turner is Director of the Company. Over her 30-year career, Ms. Turner has held a number of progressively senior positions spanning operations, finance and legal accountabilities for companies involved in the North American commercial real estate space, including ones listed on the Toronto Stock Exchange and TSX Venture Exchange. She is currently the principal of a project management and contract executive services firm. Ms. Turner currently serves on a number of boards, including the Vancouver Board of Trade, as well as Surrey City Development Corp. and Musqueam Capital Corp., both of which are for-profit companies with community-capacity-building mandates through the development and management of real-estate-based assets, and is the immediate past board chair for Community Living, B.C., an $850-million Crown corporation. She also holds the Institute of Corporate Directors ICD.D designation.

Wayne Boulais

Mr. Wayne Boulais is Independent Director of Dirtt Environmental Solutions Ltd. Mr. Boulais has more than 15 years of technology investing experience where he is currently a General Partner at Apex Venture Partners (“Apex”), a US-based venture capital firm that has raised and managed more than $350 million in their Fund V and Fund VI. During Wayne’s tenure at Apex, Wayne has sourced or managed 10 investments and served as the board designee of Apex for eight of those investments. Wayne is currently the board designee of Apex for two active investments. Prior to Wayne’s investment experience, Wayne was a principal at Mercer Management Consulting (now Oliver Wyman) in the communications, information and entertainment practice. Before attending business school, Wayne was a senior development engineer at Raytheon Corporation where Wayne led product development efforts for satellite and wireless communication systems. Wayne holds an MBA from the Massachusetts Institute of Technology as well as a Master and Bachelor of Electrical Engineering from the University of Massachusetts.

Gregory Burke

Mr. Gregory F. Burke is Independent Director of Dirtt Environmental Solutions Ltd. Mr. Burke has more than 30 years of experience in office furniture, design and construction industries, including his roles as the President and CEO of Lane Office Furniture, Inc., a private full service furniture dealership company, and one of DIRTT’s distribution partners that sells DIRTT’s suite of interior construction solutions, which he joined in 1982 as a member of the sales team. Greg holds a Bachelor of Science Communications degree from St. John’s University and currently serves as a director of several private and non-profit organizations.

Christine McGinley

Ms. Christine McGinley is Independent Director of Dirtt Environmental Solutions Ltd. Ms. McGinley has more than 25 years of senior management experience, specializing in the areas of operations, technology and finance, including her most recent role as Senior VP, Operations of Canwest Broadcasting, a subsidiary of Canwest Global Communications Corp. Chris currently serves as a director and member of the Audit Committee and the Governance Committee for Canada Health Infoway, an independent not-for-profit corporation funded by the Federal Government; a director, Audit Chair and member of the Human Resources and Compensation Committee for TBayTel Municipal Service Board, a full service telecommunications company; and a director and Chair of the Audit Committee for Alberta Blue Cross, Alberta’s largest benefits carrier. Chris is a trustee and Chair of the Investment Committee and member of the Audit Committee for Northern Property REIT, an unincorporated open-end real estate investment trust. Chris holds a Bachelor of Commerce degree from the University of Alberta (with distinction) and has an ICD.D designation by the Institute of Corporate Directors in Toronto, Ontario. Ms. McGinley is a member of the Institute of Chartered Accountants of Alberta.