Sprott Power Corp. has appointed one of its independent directors, Glen Estill, to serve as the company's lead director.
Earlier this week, the company announced that John Varghese, chairman of Sprott Power's board, was asked to assist more directly in the strategic-review process and the internalization of the management transition.
During this time, Estill, a current director of the corporation, will be tasked with providing effective independent leadership of the board. Estill will be responsible for ensuring that the board's current agenda and duties are successfully carried out on behalf of the company's shareholders. In addition, Estill will assist in the internalization of the management transition.
Estill is an experienced developer of wind construction projects, with a strong understanding of Ontario's electricity system and policy environment. He has over 25 years of experience in management positions, including five years as chief financial officer and vice president of EMJ Data Systems.
Sprott Power has also announced that it has appointed Mary Lou McDonald as corporate secretary. McDonald has been acting as legal counsel since joining the company over a year ago. She previously served as general counsel and corporate secretary for Algonquin Power & Utilities Corp.
In addition, the company notes that it is taking steps to change its name.
