As of March 8, 2013Victor Zaleschuk is the former president and CEO of Nexen Inc., a formerly publicly-traded independent global energy and chemicals company. In 2012, Victor became the chair of the board of Agrium Inc.
He brings to the board his vast experience in the resource industry as the former CEO of a major Canadian oil and gas company with international holdings, a financial background as a former CFO, and experience in mergers and acquisitions. He has gained human resources expertise through his participation on the boards of Nexen Inc., Agrium Inc. and Cameco.
Victor holds a bachelor of commerce degree from the University of Saskatchewan and has been a chartered accountant since 1967. Victor served on the board of Nexen Inc. from 1997 to 2013.
Other public company boards and committee memberships:
Agrium Inc. (chair of board, corporate governance and nominating committee)
The following is as of December 31, 2012
| Board of directors (chair) |
6 of 6 |
2 of 2 |
100% |
| *As board chair, Victor also attended 23 committee meetings in an ex-officio capacity |
Securities Held Table
1. John S. Auston recused himself from one board meeting due to a conflict of interest in his role as a director of Centerra Gold Inc., so the total number of Board meetings he was required to attend has been reduced accordingly.
2. The information as to Cameco shares owned or over which control or direction is exercised has been furnished by the respective Directors. 15 CAMECO MANAGEMENT PROXY CIRCULAR
3. "DSUs" refers to deferred share units under Cameco's DSU plan for Directors.
4. The total value of Cameco shares and DSUs was calculated as follows: for 2007, based on $39.57, the 2007 year-end closing price of a Cameco share on the Toronto Stock Exchange (TSX); and for 2006, based on $47.20, the 2006 year-end closing price of a Cameco share on the TSX.
5. "Options" refers to unexercised Options under Cameco's Stock Option Plan. On October 28, 2003, the Board discontinued granting Options to Directors under the Option Plan.
6. Exercise prices and numbers of Options have been adjusted to account for Cameco's share spdivts.
7. All Options granted to the Directors have now vested (except for reload Options as referenced in note 10 below).
8. Mr. Grandey was unable to attend the short board meeting immediately following the 2008 annual meeting because he was attending a Cameco press conference. As Mr. Grandey is president and CEO of Cameco, he is not a member of any board committees to make sure they operate independently of management.
9. The Board of Directors has determined that Joe F. Colvin is independent as three years have passed since the end of Mr. Colvin's term as President and CEO of the Nuclear Energy Institute. Gerald W. Grandey, Cameco's President and CEO, was a member of the Nuclear Energy Institute's executive and compensation committees during the last ten months of Mr. Colvin's term.
10. James R. Curtiss and George S. Dembroski exercised reload Options to obtain additional Options with a ten-year term exercisable at the closing market price of Cameco shares on the day prior to the exercise of the reload Options. Reload Options ceased being awarded after 1998.
11. Mr. Grandey was unable to attend the short board meeting immediately following the 2008 annual meeting because he was attending a Cameco press conference. As Mr. Grandey is president and CEO of Cameco, he is not a member of any board committees to make sure they operate independently of management.
-0.54
