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Freehold Royalties Ltd (FRU.TO)

FRU.TO on Toronto Stock Exchange

8.33CAD
14 Dec 2018
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Summary

Name Age Since Current Position

Marvin Romanow

62 2016 Independent Chairman of the Board

Thomas Mullane

57 2014 President, Chief Executive Officer, Director

Darren Gunderson

2011 Chief Financial Officer, Vice President - Finance

Robert Lamond

2017 Vice President - Exploration

David Spyker

2016 Vice President - Production

Michael Stone

2011 Vice President - Land

Michael Mogan

2011 Controller

Karen Taylor

2014 Corporate Secretary

Peter Harrison

62 2011 Director

Gary Bugeaud

56 2014 Independent Director

J. Douglas Kay

64 2016 Independent Director

Arthur Korpach

60 2012 Independent Director

Susan MacKenzie

57 2014 Independent Director

Aidan Walsh

63 2013 Independent Director

Matt Donohue

Manager, Investor Relations & Capital Markets

Biographies

Name Description

Marvin Romanow

Mr. Marvin F. Romanow is Independent Chairman of the Board of Freehold Royalties Ltd. Mr. Romanow is a Corporate Director, Executive in Residence at the University of Saskatchewan, and former oil and gas industry executive with over 30 years of experience. He has a proven track record in the areas of operating, financial and strategic leadership. His executive roles provided direct engagement with shareholders and directors at two major public corporations over the past 20 years. Mr. Romanow is a graduate of Harvard's Program for Management Development and in October 2007 he completed INSEAD's Advance Management Programme. He has an MBA and a Bachelor of Engineering, with Great Distinction, from the University of Saskatchewan. Mr. Romanow holds the ICD.D designation from the Institute of Corporate Directors.

Thomas Mullane

Mr. Thomas J. Mullane is President, Chief Executive Officer and Director of Freehold Royalties Ltd. Mr. Mullane is the President and Chief Executive Officer of the Corporation. He joined Rife in July 2012 and was appointed President and Chief Executive Officer in May 2013. He has over 25 years of industry experience and a broad background in exploitation and production engineering gathered from both domestic and international assignments. His roles have included responsibility and oversight of acquisitions, divestitures, exploitation and reservoir engineering management, with significant experience in horizontal drilling. He graduated from the University of Alberta with a Bachelor of Science (Chemical Engineering) degree and is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA).

Darren Gunderson

Mr. Darren G. Gunderson is Chief Financial Officer, Vice President - Finance of Freehold Royalties Ltd. He was appointed Vice-President, Finance and Chief Financial Officer of Freehold Resources Ltd. and Rife on August 13, 2008. He joined Rife in 1991 in the accounting department and became Controller in 1999. Mr. Gunderson has a Bachelor of Commerce degree from the University of Saskatchewan and is a Certified Public Accountant (CPA, CGA).

Robert Lamond

Mr. Robert E. Lamond is Vice President - Exploration of the Company. He joined Rife in September 2017. He previously held various geoscience and managerial roles at Murphy Oil Corporation, Shell Canada Ltd., and Imperial Oil Ltd. Most recently he held the role of General Manager, Geoscience at Murphy Oil. Mr. Lamond holds a Bachelor of Science degree in Geology from Queen’s University and is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA).

David Spyker

Mr. David M. Spyker is Vice President - Production Prior to joining Rife, Mr. Spyker held various roles at Anderson Exploration Ltd., Anderson Energy Ltd., and Anderson Energy Inc. with the past 8 years in the role of Chief Operating Officer. Mr. Spyker holds a Bachelor of Sciences degree in Mechanical Engineering from the University of Alberta and is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA).

Michael Stone

Mr. Michael J. Stone is Vice President - Land of Freehold Royalties Ltd. Mr. Stone joined Rife in January 2009 as Manager, Land Negotiations and Business Development. Prior to joining Rife, Mr. Stone was Vice-President, Land with Real Resources Ltd. Mr. Stone has a Bachelor of Commerce degree from the University of Calgary and is a member of the Canadian Association of Petroleum Landmen (CAPL).

Michael Mogan

Mr. Michael J. Mogan is Controller of Freehold Royalties Ltd. Mr. Mogan joined Rife in 2003 as Senior Accountant and was the Manager, Financial Accounting prior to his current role. He is a Certified Public Accountant (CPA, CMA).

Karen Taylor

Ms. Karen C. Taylor is Corporate Secretary of Freehold Royalties Ltd. Ms. Taylor, Corporate Secretary of the Corporation, joined Rife in February 1997 as Manager, Corporate Communications and held the position of Manager, Investor Relations from January 1999 to August 2013. Her appointment as Corporate Secretary of Freehold Resources Ltd. and Rife was effective February 27, 2008. Ms. Taylor is a member of the Governance Professionals of Canada (GPC).

Peter Harrison

Mr. Peter T. Harrison is Director of Freehold Royalties Ltd. Peter Harrison is Manager, Oil and Gas Investments of the CN Investment Division (Montreal), which manages one of the largest corporate pension funds in Canada. Mr. Harrison has spent over 30 years analyzing business models and investing in public companies. Having managed multi-billion dollar equity portfolios and voted proxies for many years, he brings a deep understanding of investor concerns to the Board. He has been a director of several public and private companies. He has a Bachelor of Commerce (Finance) degree from McGill University, an MBA from the University of Western Ontario, and is a Chartered Financial Analyst.

Gary Bugeaud

Mr. Gary R. Bugeaud is an Independent Director of Freehold Royalties Ltd. Mr. Gary Bugeaud is a Corporate Director and former corporate lawyer with over 23 years of legal experience focused on securities, corporate finance, mergers and acquisitions, and corporate governance matters. He has been a director or corporate secretary of approximately 20 publicly traded entities. Mr. Bugeaud has a Bachelor of Commerce (Finance) degree and a Bachelor of Laws degree from the University of Saskatchewan. Mr. Bugeaud holds the ICD.D designation from the Institute of Corporate Directors.

J. Douglas Kay

Mr. J. Douglas Kay is Independent Director of the Company. Douglas Kay is a Corporate Director and an experienced oil and gas industry executive with strong land, finance, negotiating and leadership skills. He has over 40 years of diverse responsibilities with Canadian based oil and gas exploration and production companies. Mr. Kay holds a Bachelor of Economics degree from the University of Calgary, is a graduate of the Management Development Program of the University of Western Ontario, and holds the designation of P. Land through the Canadian Association of Petroleum Landmen (CAPL). Mr. Kay holds the ICD.D designation from the Institute of Corporate Directors.

Arthur Korpach

Mr. Arthur N. Korpach is an Independent Director of Freehold Royalties Ltd. Arthur Korpach is a Corporate Director. He has four years of public company audit and 27 years of investment banking experience, with a focus on the energy sector. His experience includes providing advice on strategy, business plans, capital structure, credit strategy, financing, and mergers and acquisitions. He has advised clients on over 300 transactions. Mr. Korpach is a Fellow Chartered Accountant and a Chartered Business Valuator. He has a Bachelor of Commerce degree from the University of Saskatchewan and an MBA from Harvard Business School. Mr. Korpach holds the ICD.D designation from the Institute of Corporate Directors.

Susan MacKenzie

Ms. Susan Mary MacKenzie is an Independent Director of Freehold Royalties Ltd. Ms. MacKenzie is a Corporate Director, independent consultant and former oil and gas industry executive with over 25 years of energy sector experience in operations and service support areas. She has a proven track record in the areas of governance, strategy development, organizational alignment, operational execution and project management, and she has demonstrated success in corporation-wide policy development and implementation. Ms. MacKenzie holds a Bachelor of Engineering (Mechanical) degree from McGill University and an MBA from the University of Calgary. She is a Life member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA). Ms. MacKenzie holds the ICD.D designation from the Institute of Corporate Directors.

Aidan Walsh

Mr. Aidan M. Walsh is an Independent Director of Freehold Royalties Ltd. Mr. Walsh is Chief Executive Officer of Baccalieu Energy Inc. (Calgary), a private junior oil and gas company that he co-founded in 2008. Mr. Walsh has over 40 years of oil and gas experience in production, marketing, transportation, acquisitions, finance, facility engineering, and construction. He is a proven negotiator and a strategic thinker with strong leadership and analytical skills. He has experience interacting with industry partners as well as regulators and federal and provincial government representatives on issues affecting the Canadian oil and gas industry. Mr. Walsh has a Bachelor of Engineering (Mechanical) degree from Memorial University of Newfoundland and a Masters of Business Administration degree from the University of Calgary. He is a member of the Association of Professional Engineers and Geoscientists of Alberta (APEGA). Mr. Walsh holds the ICD.D designation from the Institute of Corporate Directors.

Matt Donohue

Basic Compensation