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  • Board of Directors

Meet our Directors.

Our Board of Directors is made up of dedicated individuals who oversee the operations and continued success of Horizon North. Their wealth of knowledge and experience is instrumental to our success

  • Russell A. Newmark, Inuvik, Northwest Territories

    Independent Director | Health, Safety and Environment Committee Chair | Corporate Governance and Compensation Committee Member

    Mr. Newmark has been a director of Horizon North since June 1, 2006. Mr. Newmark has extensive and diverse business knowledge and experience throughout Northern Canada and has been Chief Executive Officer of E. Gruben’s Transport Ltd. since 1990, a successful contracting firm based in the Northwest Territories. Since 1976, he has been recognized as a leader within the Mackenzie Delta and Beaufort Sea regions and has served on numerous corporate and government boards including the Inuvialuit Development Corporation, Norterra Inc. and the GNWT Business Loan Fund Board.

  • Ann I. Rooney, Calgary, Alberta

    Independent Director | Audit Committee Chair | Health, Safety and Environment Committee Member

    Ms. Rooney has been a director of Horizon North since August 1, 2012. Ms. Rooney retired in 2011 from the partnership of Holt Rooney Chartered Accountants; a public practice firm in Calgary, Alberta. Ms. Rooney’s professional experience includes working as a Staff Accountant and Manager with Ernst and Young LLP, an independent GST Consultant, and a Manager at AltaGas Services Inc. Ms. Rooney qualified as a Chartered Accountant in 1986 as has had extensive involvement with the Institute of Chartered Accountants of Alberta including serving as president in 1996-1997. In 1996, Ms. Rooney was awarded an FCA (Fellow of the Chartered Accountants) in recognition of her meritorious service to the accounting profession and the community. Ms. Rooney also earned the ICD.D professional designation in 2010. Ms. Rooney also holds Board and Audit Committee positions at Parkbridge Lifestyle Communities Inc. Ms. Rooney is a member of the National Board of Director’s and is chair of the audit committee of the Nature Conservancy of Canada, the country’s leading national land conservation charitable organization.

  • Bradley P. D. Fedora, Calgary, Alberta

    Independent Director | Corporate Governance and Compensation Committee Member | Health, Safety and Environment Committee Member

    Mr. Fedora has been a director of Horizon North since April 30, 2015. Mr. Fedora is currently the President and CEO of Canyon Services Group Inc. (“Canyon”) and a member of the board of directors of Canyon since 2008. Before joining Canyon, Mr. Fedora spent the previous decade with Peters & Co. Ltd., a Calgary-based investment bank focused on the energy sector, where he specialized in financings, mergers and acquisition transactions for the oil and natural gas industry. He is a former director of IROC Energy Services Corp. and the Petroleum Services Association of Canada. Mr. Fedora holds a Bachelor of Science from the University of Saskatchewan and an MBA in finance from the University of British Columbia. Mr. Fedora was a 2009 recipient of Canada’s Top 40 Under 40 Award.

  • Dale E. Tremblay, Calgary, Alberta

    Independent Director | Corporate Governance and Compensation Committee Chair | Health, Safety and Environment Committee Member

    Mr. Tremblay has been a director of Horizon North since May 6, 2010. From December 2009 to December 2013, Mr. Tremblay was the Chairman and Chief Executive Officer of Western Energy Services Corp. Prior thereto, Mr. Tremblay was the Chairman of SES Holdings Limited, the parent company of Saxon Energy Services Inc., from August 2005 to December 2009 in addition to serving as President and Chief Executive Officer of Saxon Energy Services Inc. Prior thereto; Mr. Tremblay was the Senior Vice President, Finance and Chief Financial Officer of Precision Drilling Corporation from 1988 to 2005.

  • Kevin D. Nabholz, Calgary, Alberta

    Independent Director | Chairman of the Board | Audit Committee Member | Corporate Governance and Compensation Committee Member

    Mr. Nabholz has been a director of Horizon North since May 3, 2012. Mr. Nabholz has over 30 years of experience in the oil sands industry. Mr. Nabholz recently retired as Executive Vice President, Major Projects at Suncor Energy Inc., having been at Suncor for 25 years. Mr. Nabholz was involved in all facets of the business at Suncor, including Operations, Maintenance and Projects and in his latest role led the execution of over $30 billion of major projects. Mr. Nabholz is also a member of the Board of Governance of the Northern Alberta Institute of Technology where he is also the Chairs of the Camps Development Committee.

  • Mary Garden, Victoria, British Columbia

    Independent Director | Corporate Governance and Compensation Committee Member | Audit Committee

    Ms. Garden has over 30 years of executive leadership experience in business including operations and marketing management, advisory consulting, coaching and university teaching.  Over the course of her career, Ms. Garden has worked in executive level positions with PwC, Delta Hotels, PKF, Holiday Inn, Radisson Hotels and Keg Restaurants.  From 2008 to 2015, Ms. Garden led investment teams at the British Columbia Investment Management Corporation managing Canadian and international multi-billion dollar, private equity real estate portfolios for institutional pension plan clients.  Ms. Garden has served on the boards of Bentall Kennedy, Parkbridge Lifestyle Communities, Delta Hotels, bcIMC Realty Corporation and SilverBirch Hotels & Resort. Ms. Garden is the principal at Mary Garden & Associates, an advisory firm working with select global clients and C-Suite leaders in strategic consulting, executive coaching and workplace well being.  Ms. Garden has a BA and MBA from the University of British Columbia and holds the ICD.D designation.

  • Richard T. Ballantyne, Salt Spring Island, BC

    Independent Director | Audit Committee Member | Health, Safety and Environment Committee Member

    Mr. Ballantyne has been a director of Horizon North since April 30, 2015. Mr. Ballantyne is a professional engineer working as an independent consultant and is the Chair of the B.C. Safety Authority.  Mr. Ballantyne was President of Terasen Pipelines from 2001 to 2005, and prior to that Mr. Ballantyne held senior positions with Trans Mountain Pipe Line and BC Gas Utility Ltd. Mr. Ballantyne is a director of Stuart Olson Inc. and Sail Canada, Canada’s national sailing authority, and has served on several public, private and association boards, including Cimarron Engineering Ltd. and Canadian Hydro Developers Inc., and is a former Chair of the Canadian Energy Pipeline Association. Mr. Ballantyne is a graduate of the University of British Columbia in mechanical engineering, attended the Banff School of Advanced Management, and is a certified director through the Institute of Corporate Directors.

  • Rod W. Graham, Calgary, Alberta

    Non-Independent Director | President and Chief Executive Officer

    Mr. Graham is the President and Chief Executive Officer and a director of Horizon North since November 2014.  Mr. Graham previously held the position of Senior Vice President, Corporate Development and Planning from January to November 2014. Mr. Graham was a member of the Horizon North board of directors from January 2007 to January 2014, and served as Chairman of the Board from May 2012 to January 2014.  Mr. Graham was the President and Chief Executive Officer of ZCL Composites Inc., from  2010 to 2012. Prior to his role at ZCL, Mr. Graham was co-founder and Managing Director of Northern Plains Capital Corporation, a Calgary-based private equity firm focused solely on investing in oilfield and energy industrial companies.  Prior thereto, Mr. Graham worked in institutional sales with Peters & Co. Limited and with ARC Financial Corporation.  He is a member of the Board of Stuart Olson Inc.

Shareholders may write to the Board or any member or members of the Board in care of the following address:

Horizon North Logistics Inc.
1600, 505 – 3rd Avenue SW
Calgary, Alberta T2P 3E6
Attention: Corporate Secretary
Email us

Letters addressed to the Board, or any individual independent director, are reviewed as a group to determine if a response from the Board is appropriate. While the Board oversees management, it does not participate in the day-to-day functions and operations of Horizon North and is not normally in the best position to respond to inquiries on those matters.

Inquiries on operations or day-to-day management of Horizon North will be directed to the appropriate personnel within Horizon North for a response. The Board has instructed the Corporate Secretary to review all correspondence and, in her discretion, not to forward any items if they:

  • are not relevant to Horizon’s operations, policies and philosophies;
  • are commercial in nature; or
  • are not appropriate for consideration by the Board.

All inquiries will receive a written response from either the Board or management, as appropriate. The Corporate Secretary maintains a log of all correspondence addressed to members of the Board. Directors may review the log at any time and request copies of any correspondence received.

Director Compensation Table

The following table sets forth particulars concerning all amounts of compensation provided to individual directors for the year ended December 31, 2015.  Mr. Graham is the President and Chief Executive Officer of Horizon North and does not receive compensation for serving as a director of the Corporation.

Name Fees Earned (1) Share-based Awards Option-based Awards (2) Non-equity Incentive Plan Compensation Pension Value All Other Compensation Total
Richard T. Ballantyne (3) 36000 9054 45054
Bradley P.D. Fedora (3) 36000 9054 45054
Kevin D. Nabholz 59000 9054 68054
Russell Newmark 64000 9054 73054
Ann I. Rooney 61500 9054 70554
Dale E. Tremblay 59000 9054 68054
  1. Retainers are inclusive of meeting fees.
  2. The value of the recipient of any Option grant is Nil on the grant date as the exercise price of the Option is equal to or greater than the market value of the underlying Common Share. The value, if any, ultimately received by an Option holder as compensation is equal to the difference between the fair value of the underlying Common Share on the date the Option is exercised and the exercise price of the Option. This amount is also equal to the value forgone by the Corporation when it issues a Common Share on exercise of an Option at a price that is less than the prevailing market price.The fair value of the options granted annually is obtained by multiplying the number of options granted by their value established according to the Black Scholes model. This value was determined using the following assumptions: dividend yields of 4.0% to 13.7%; expected average volatilities of 33.94% to 46.39%; average risk-free rates of interst of 0.50% to 1.18%; average forfeiture rate of 6.75% to 7.41%; and average expected life of option of three years.
  3. Mr. Ballantyne and Mr. Fedora were elected to the Board on April 30, 2015.

 

Summary of Board Meeting Attendance

The table below does not reflect attendance by directors at meetings of committees of which they are not members.  Directors are encouraged to, and do, attend various committee meetings, even though they were not members of such committee.

 

Director Board Meetings Attended (1) Board Meeting Fees $ Committee Meetings Attended (1) Committee Meeting Fees $ Travel Allowance $ Committee and/or Board Retainer $ Total Fees Paid $
Richard T. Ballantyne (2) 6 of 6 Nil 2 of 2 Nil 36000 36000
Audit
2 of 2 Nil
HS&E
Bradley P.D. Fedora (2) 6 of 6 Nil 2 of 2 Nil 36000 36000
Governance/Comp
2 of 2 Nil
HS&E
Rod W. Graham (3) 8 of 8 Nil Nil Nil
Kevin D. Nabholz 8 of 8 Nil 4 of 4 Nil 59000 59000
Audit
4 of 4 Nil
Governance/Comp
4 of 4 Nil
HS&E
Russell A. Newmark 8 of 8 Nil 4 of 4 Nil 64000 64000
Audit
4 of 4 Nil
Governance/Comp
Ann I. Rooney (4) 7 of 8 Nil 4 of 4 Nil 61500 61500
Audit
2 of 2 Nil
Governance/Comp
Dale E. Tremblay (5) 8 of 8 Nil 2 of 2 Nil 59000 59000
Audit
4 of 4 Nil
Governance/Comp
4 of 4 Nil
HS&E
Total 315500 315500
  1. Attendance in person or by telephone.
  2. Mr. Ballantyne and Mr. Fedora attended all of the committee and Board meetings held subsequent to their election to the Board on April 30, 2015.
  3. Mr. Graham is the CEO of Horizon North and does not receive compensation for serving as a director.
  4. Mr. Rooney resigned from the Corporate Governance and Compensation Committee on April 30, 2015. Ms. Rooney attended all meetings of that committee prior to her resignation.
  5. Mr. Tremblay resigned from the Audit Committee on April 30, 2015. Mr. Tremblay attended all meetings of that committee prior to his resignation.