Thursday, May 15, 2008
Don Lowry, President and CEO, EPCOR Utilities Inc., is pleased to announce the appointment of Brian Vaasjo as Chief Operating Officer. Mr. Vaasjo will also continue to serve as Executive Vice-President, a position he has held since 1998.
As Executive Vice-President and Chief Operating Officer, Mr. Vaasjo leads an enhanced group with responsibility for regional operations and development, as well as advancing the company's competitive power and water businesses across North America. EPCOR plans to invest about $4 billion in new power generation, infrastructure projects, and water and wastewater facilities over the next five years.
Mr. Vaasjo is also President of EPCOR Power L.P. (TSX: EP.UN), Canada's largest power income fund with 20 power generation assets. Under his leadership, the Partnership has established a platform for growth in Canada and the United States.
Mr. Vaasjo holds an MBA from the University of Alberta where he also received his undergraduate degree. He is a Fellow of the Society of Management Accountants (FCMA). In addition, he is past Chairman of the Board of the United Way, Alberta Capital Region, and a member of the Financial Executives Institute of Canada.
EPCOR Utilities Inc. builds, owns and operates power plants, electrical transmission and distribution networks, water and wastewater treatment facilities and infrastructure in Canada and the United States. EPCOR, headquartered in Edmonton, Alberta, has been named one of Canada's Top 100 Employers for eight consecutive years and was selected as one of Canada's 10 Most Earth-Friendly Employers.
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