New Chair appointed at Shawcor

Shawcor Ltd. has announced that Mr. John F. (Jack) Petch – the Chair of the company’s Board of Directors – will retire from the board effective as of the close of business on 31 December 2015.

Mr. Petch has been a director of the company since 2005 and its Chair since 2013. Previously, Mr. Petch served as Lead Director, Chair of the Nominating and Governance Committee and Chair of the Special Committee which was constituted in the fall of 2012 in connection with Shawcor’s strategic review process. The Shawcor Board of Directors would like to thank Jack Petch on behalf of all shareholders, management and employees, for his long and dedicated service to the company and wishes him well in his retirement.

Shawcor also announced that its Board of Directors had appointed Independent Director Paul G. Robinson as its new Chair of the Board, effective 1 January 2016. Mr. Robinson joined the Shawcor Board in 2001 and currently serves as its Audit Committee Chair. Mr. Robinson was also a member of the Special Committee of the Board constituted in the fall of 2012 in connection with Shawcor’s strategic review process.

Edited from source by Stephanie Roker

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