Anne McLellan

Board Member

69  |  Independent
Edmonton, Alberta, Canada
Director since: 2006
Citizenship: Canadian

  • Key Skills and Experience

    • Board / corporate governance
    • Stakeholder relations / government / public policy
    • Legal / regulatory
    • Human resources and executive compensation
    • Enterprise leadership
  • Anne is a lawyer and corporate director and brings a rich and broad perspective on business and governance to Cameco’s board through her work experience and distinguished career in public service and higher education in Canada, including as chair of the nominating, corporate governance and risk committee. Anne held a number of ministerial portfolios and also served as former deputy prime minister of Canada.

Biography

As of March 10, 2020

The Honourable Anne McLellan is a senior advisor at the national law firm Bennett Jones LLP and has served as the Chancellor of Dalhousie University since May 2015. She is a former deputy prime minister of Canada and has held several senior cabinet positions, including federal Minister of Natural Resources, Minister of Health, Minister of Justice and Attorney General of Canada, and federal interlocutor of Métis and non-status Indians. She previously served as a distinguished scholar in residence at the University of Alberta in the Alberta Institute for American Studies.

Anne holds a bachelor of arts degree and a law degree from Dalhousie University, and a master of laws degree from King’s College, University of London. In addition to her extensive experience in federal administration and policy, Anne is the board chair of Pearson College and is also the chair of the board for the Institute for Research and Public Policy, a non-partisan think tank based in Montreal. Anne served on the board of the Edmonton Regional Airport Authority, Canada's fifth largest airport, from 2008 to 2015 where she served as chair of the governance and compensation committee. Anne served as chair of the environment, health, safety and security committee at Agrium Inc. prior to its merger with Potash Corporation of Saskatchewan Inc.

Board and Committee Membership and Attendance

As of December 31, 2019

    2019 Attendance
2019 Voting Results Board and Committee Membership Regular Special Overall
94.5% votes for Board of directors 7 of 7 1 of 1 100%
5.5% votes withheld Human resources and compensation 3 of 4   75%
  Nominating, corporate governance and risk (chair) 5 of 5   100%

Other Public Company Boards in the Past Five Years

Nutrien Ltd.*(TSX)   2018 to 2019

* Anne was a director of Agrium Inc., a predecessor company to Nutrien Ltd., from 2006 to 2017, and served as a director of the newly-formed company following the merger with PotashCorp. on January 1, 2018 to May 2019.

Securities Held

As of December 31, 2019

Year Cameco Shares DSUs Total Shares
 and DSUs
Market Value of
Shares and DSUs
Multiple of 2019
Annual Retainer
Share Ownership
Guidance Compliant1
2019 100 52,722 52,822 $ 609,566 3.0x Yes
2018 100 48,304 48,404 $ 749,294    
Change –– 4,418 4,418 ($ 139,728)    

1.  For evaluating compliance with Cameco’s share ownership guidelines, Anne’s shares and DSUs held at December 31, 2019 are valued at $1,115,233 and represent 5.6x the board member retainer of $200,000.