Cielo Waste Solutions
Ticker: CMC.CN / CWSFF
Listings: Canadian Securitites Exchange / US OTC
Market Cap: 373 MCAD at time of publication
Share price: 0.96 CAD at time of publication
Industry: Converting waste to renewable fuel
Cielo Waste Solutions today (12/4 2021) announced impressive and strong additions to is board of directors.
The additions are former cabinet minister the Hon. Peter MacKay, P.C., Q.C. and Jasdeep Dhaliwal, CPA.
Mr Peter Mackay brings with him over twenty years of private sector and public work, most notably he has served in the Parliament of Canada for over 18 years and as a Member of Parliament and cabinet minister for 10 years, in high-profile positions, including
Minister of Justice and Attorney General, Minister of National Defense, Minister of Foreign Affairs and the Atlantic Canada Opportunities Agency. Today Mr Peter Mackay is working on several boards and with McInnes Cooper and as a strategic advisor for Deloitte.
Mr Mackay stated in the press release ” They (Cielo) are truly providing an incredible made in Canada remedy for two of the world’s biggest challenges, how to address excess waste and pollution while at the same time providing clean energy,” “
The company also announced the appointment of Stephanie Li CPA,CA as its new Chief Financial Officer effective May 10, 2021.
The former Chief financial Officer Shawn Frenette will board a new role as Vice President of Global Development. This entirely new position has been created focus on developing corporate strategies as Cielo seeks to expand into the US and other global markets. The compay stated that this will become a very important position as Cielo continues its plans for maximum growth. M.s LI brings with her 15 years of finance experience to her role and she has until recently served as Director of Finance and Controller for a publicly traded entity with over a $2 billion market cap.
CEO and President of Cielo Don Allan stated “We believe Mr. MacKay joins us at an ideal time, with his experience and knowledge
as a former senior cabinet minister in the Country’s federal government and his handling of critical government portfolios, responding to complex issues of national importance, while working to improve safety, productivity and doing so patriotically for the betterment of all Canadians, all of which will be valuable for Cielo. Ms. Dhaliwal’s international accounting experience will indeed also contribute to this growth. I am thrilled to have the skills and diversity these two individuals now bring to our board.”
ESG comment: These extremely strong additions to the board of director, new CFO and also the new role of VP of global development further reiterates that Cielo Waste Solution is having a huge breakthough during 2021. Not only does these additions add tremendous knowledge , contact networks and valuable experience they also add further legitimacy to the mission of Cielo Waste Solution to solving the worlds landfill problem by converting Waste into renewable energy!
Full press release with entire qoutes available here: https://ceo.ca/@accesswire/cielo-announces-the-appointment-of-the-hon-peter-mackay
I own shares of this company personally.
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