Six join N.L. Hydro board
Company finally gets new board appointments, including Nalcor chair Brenden Paddick
Newfoundland and Labrador Hydro has a new look on its board of directors, adding Nalcor chair Brenden Paddick and five new faces.
The six appointments were announced late Friday afternoon and are effective immediately.
Paddick currently sits as chair of the Nalcor board of directors, appointed in November 2016 after the mass exodus of the board of directors and former Nalcor CEO Ed Martin in April 2016.
Joining Paddick is David Oake, another current member of the Nalcor board. Oake has experience as a deputy minister in various roles within the provincial government. He was involved in negotiations around the Hibernia and Terra Nova projects.
Fraser Edison is an entrepreneur with over 35 years of experience in the private sector. A former chair of the St. John’s Board of Trade, Edison was also a founding member of the Newfoundland and Labrador Ocean Industries Association. He is president and CEO of Rutter Inc., a radar technologies company based in St. John’s.
Bill Nippard is the president of Renfrew Hydro, but also worked for Newfoundland and Labrador Hydro for over 30 years. He was manager of the Labrador region from 1999 to 2011.
Brian Walsh is a former manager of the western region with Newfoundland Power Inc., a Fortis subsidiary.
John Mallam is a former vicepresident of engineering with Newfoundland and Labrador Hydro, now helping steer the organization at the board level.
The six will join lawyer John Green, who will remain board chair, Donna Brewer, Chris Loomis, and Nalcor CEO Stan Marshall.
The six appointees were selected through the Independent Appointments Commission, headed by former premier Clyde Wells.
Newfoundland and Labrador Hydro board members receive annual pay of $2,500, with an extra $250 per meeting. The chair of the board is paid $100 an hour for prep time and attendance of board meetings.
The only outgoing member of the Newfoundland and Labrador Hydro board is former deputy minister of the Department of Justice Heather Jacobs, who retired from her post within government last year.