– CANADA, Burnaby – Swiss Water Decaffeinated Coffee Inc. (TSX: SWP), today announced the appointment of Nancy McKenzie to its Board of Directors, filling the vacancy created by the retirement of Diane Fulton.
In anticipation of Rick Mahler’s departure from the Board of Directors, the Company also announced its intention to nominate Alan Wallace for election to its Board of Directors at the AGM in June.
“We are excited to be adding Nancy and soon, Alan. Their collective experience with large construction projects, financial and capital markets acumen, and strategic thinking, will be invaluable as the Company enters these next stages of growth.” said CEO, Frank Dennis.
He added: “We cannot thank Diane and Rick enough for their contributions to Swiss Water over the years.”
About Nancy McKenzie
Nancy McKenzie is a former senior financial executive with extensive experience in industrial manufacturing and service businesses, in addition to spending some time in the consumer branded and private label foods sector. Her experience also includes large scale capital project oversight of manufacturing, office and infrastructure facilities and industrial equipment from her experience in the marine and shipbuilding industry.
She is currently Chair of the Board of Governors at the University of British Columbia, serves on the Board of Coast Capital Savings Federal Credit Union as Vice Chair, Chair of the Risk Committee and member of the Audit and Finance committee, and is an advisory Board member for a privately owned manufacturing business.
She is a fellow of the Chartered Professional Accountants of BC, obtained her director’s designation from the Institute of Corporate Directors, and holds an Honours Bachelor of Business Administration from Wilfrid Laurier University.
About
Mr. Wallace is currently CEO of Peloton Advisors Inc. providing advisory services in M&A, financial and strategic transactions. Mr. Wallace has worked for over 30 years in corporate finance including as Vice-Chairman of a major Canadian investment bank and brings significant experience relating to financing and corporate strategic planning. Throughout his career, he has worked with a number of companies in industries similar and adjacent to Swiss Water’s business, including distribution, processing plants, international operations and branding. Many of these organizations provide Mr. Wallace a strong overview of commodity-based businesses that are relevant to the Company.
He currently serves on the Board of a diversified global producer of forest products where he is Chair of the HR Committee and serves on the Audit Committee. He also brings a knowledge of Swiss Water’s unique position in the decaffeinated coffee market through his work on earlier Swiss Water public financings. He holds a Master of Business Administration from the University of Chicago and a Bachelor of Applied Science from the University of Toronto.
About Swiss Water Decaffeinated Coffee Inc.
Swiss Water Decaffeinated Coffee Inc. is a leading specialty coffee Company and a premium green coffee decaffeinator which employs the proprietary SWISS WATER Process to decaffeinate green coffee without the use of chemical solvents. It also owns Seaforth Supply Chain Solutions, a green coffee handling and storage business. Both businesses are located in the cities of Burnaby and Delta, British Columbia.
For more information : https://www.swisswater.com/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
