People: Martinrea International Inc (MRE.TO)
Mr. Scott C. Balfour serves as Independent Director of Martinrea International Inc. Mr. Balfour is currently the Chief Operating Officer, NorthEast and Caribbean, Emera Inc. a publicly listed (TSX: EMA) energy services company which owns and invests in electricity generation, transmission and distribution, gas transmission, and utility services and provides energy marketing, trading and other energy-related management services. Mr. Balfour is a seasoned business executive, with over 25 years of business experience in various roles. Previous to his position at Emera Incorporated, Mr. Balfour spent 17 years as the Chief Financial Officer and then President, as well as director, of Aecon Group Inc. now Canada’s largest publicly traded infrastructure and construction company, which grew from a revenue base of $63 million in 1994 when he joined Aecon to $2.8 billion over his tenure, based on significant organic growth and growth through successful acquisitions. Mr. Balfour is also the past chair of the Ontario Energy Association, and prior to his tenure at Aecon was an account manager with increasing responsibilities at two of Canada’s leading banks. Mr. Balfour has considerable M&A experience, has strong expertise in all types of financing, including public and private debt and equity, and is an experienced public company executive with chief financial officer, senior executive and director experience. Mr. Balfour holds an undergraduate degree in business administration (honours) from Wilfrid Laurier University and an MBA from the University of Western Ontario. Mr. Balfour is Chair of the Audit Committee, a member of the Compensation Committee and CGNC, and co-Chair of the Special Committee.
|Total Annual Compensation, CAD||123,000|
|Restricted Stock Award, CAD||100,000|
|Long-Term Incentive Plans, CAD||--|
|All Other, CAD||--|
|Fiscal Year Total, CAD||223,000|