Aleem Nathwani
Chief Executive Officer, Chairman and Director
Mr. Nathwani has over sixteen years of experience working with and advising startups, from inception through to acquisition or public offering. He was one of the earliest team members at Nutanix (NASDAQ: NTNX, $6B+ MCAP), pioneers in the hybrid-cloud space, where he played key roles in driving business development. He also held strategic leadership roles within Telus Communications, incubating technology infrastructure and outsourcing deals for large enterprise customers, helping grow their portfolio to $100M+. Mr. Nathwani has also held advisor and board positions with a number of public and private companies.
David Kwok
Chief Financial Officer and Director
David Kwok (CPA, CGA) has over 20 years of experience working for public companies in various management roles. He has held the positions of Operations Controller & Business Administration Manager for Capstone Mining Corp., and Divisional Controller for Xstrata PLC and subsequently for Glencore PLC after the two companies merged. Recently, he provided financial & business consulting services for the publicly traded blockchain companies BTL Group Ltd., Victory Square Technologies and a private internet infrastructure company.
Scott Hayduk
Director
Scott Hayduk is a Corporate Finance Professional with over 20 years of Investment Banking & Corporate Advisory experience. He has spent most of his career specializing in the Americas, MENA, Europe and Asia /Asia Pacific Oil & Gas Producers, Energy Infrastructure, Oil & Gas Services and Oil & Gas Technology Special Situations. He started his career with BMO Nesbitt Burns, and spent most of his career with employee-owned and highly successful Canadian boutique Investment Bank, Orion Securities, through its purchase by Macquarie Bank as a Director. Scott has worked on several billion dollars of Equity, Debt and M&A transactions, respectively. Mr. Hayduk has served as both Director and Officer of numerous Public and Private companies.
Eric Boehnke
Director
Mr. Boehnke is the CEO and a director of Trenchant Capital Corp., an investment issuer, listed on the Canadian Securities Exchange. He is a former CEO, Executive Vice-Chairman and director of Terrace Energy Corp., an oil and gas exploration and production company with projects in the United States listed on the TSX Venture Exchange (the “TSXV”). He has served as director and on the audit committees of a number of Toronto Stock Exchange and TSXV listed companies. Mr. Boehnke is also the President and a director of Big Sky Management Ltd., a private company principally involved with providing corporate finance services to private and public companies, and CEO of Alchemist Mining Inc. Mr. Boehnke holds a Bachelor of Science from the University of Toronto.
Corporate Governance
Corporate governance relates to the activities of the board of directors (the “Board”) which are elected by, and are accountable to, the company’s shareholders. The Board appoints and oversees the individual members of the management team who are charged with the day to day operation of the company. The Board is committed to sound corporate governance practices, which are both in the interest of its shareholders, and contribute to effective and efficient decision making.
Pursuant to National Instrument 58-101 Disclosure of Corporate Governance Practices (“NI 58-101”), which came into effect for financial years ending on or after June 30, 2005, Power Group Projects is required to disclose its corporate governance practices as summarized below.
Board of Directors
The Board of the company facilitates its exercising of independent supervision over the company’s management through meetings of the Board and both directly and indirectly through its committees.
Except as disclosed below, all of the company’s current directors are “independent” directors in that they are independent and free from an interest, and any business or other relationship which could reasonably be perceived to, materially interfere with the director’s ability to act with the best interests of the company, other than interests and relationships arising from shareholders.
Orientation and Continuing Education
Each new director brings a different skill set and professional background, and with this information, the Board is able to determine what orientation to the nature and operations of the company’s business will be necessary and relevant to each new director. Power Group Projects provides continuing education to its directors as such needs arise and encourages open discussion at all meetings.
Ethical Business Conduct
Power Group Projects endeavours to select individuals of the highest personal moral stature and expects them to follow a high ethical standard when exercising their authority or discretion in all of the company’s business dealings.
Nomination of Directors
The Board determines new nominees to the Board.
Compensation of Directors
The directors are not compensated for their services other than through incentive stock options.