Ian Bruce

Board Member

Personal Information

62 | Independent 

Calgary, Alberta, Canada 

Director since: 2012 

Citizenship: Canadian

Ian brings a strong finance and investment banking background as well as board, executive and energy sector experience to the Cameco board and his work on three of our board committees. He also serves on the audit committees of two other public companies.


  • CEO experience
  • Finance
  • Investment banking
  • Mergers and acquisitions
  • Risk management


As of March 8, 2016

Ian Bruce is the former president and CEO of Peters & Co. Limited, an independent investment dealer. He has more than 30 years of experience in investment banking with specialization in corporate finance and mergers and acquisitions, predominantly in the oil and gas industry.

Ian is a fellow of the Chartered Professional Accountants of Alberta, a recognized Specialist in Valuation under Canadian CPA rules, and is a chartered business valuator. He is a past member of the Expert Panel on Securities Regulation for the Minister of Finance of Canada. Ian is also a past board member and chair of the Investment Industry Association of Canada.

Ian is a director of the private companies Laricina Energy Ltd., Pumpwell Solutions Ltd. and TriAxon Oil Corp. He was a director of the public company Hardy Oil & Gas plc from 2008 to 2012.

Board and Committee Membership and Attendance

As of December 31, 2015

    2015 Attendance
2015 Voting Results Board and Committee Membership In Person Teleconference Overall
90.1% for Board of directors 5 of 5 5 of 5 100%
9.9% withheld Audit and finance 6 of 6 1 of 1 100%
  Human resources and compensation 5 of 5 1 of 1 100%
  Reserves oversight 3 of 3   100%

Other Public Company Boards and Committee Memberships

Logan International Inc. Audit
Northern Blizzard Resources Inc. Lead director, Audit (chair), Compensation

Securities Held

As of December 31, 2015

Year Cameco Shares DSUs Total Shares & DSUs Total value of Shares & DSUs Meets share ownership targets
2015 75,000 19,700 94,700 $ 1,616,530 Yes
2014 75,000 13,118 88,118 $ 1,678,645  
Change –– 6,582 6,582 $   (62,115)  

For share ownership compliance, Ian's shares and DSUs held at December 31, 2015 are valued at $2,092,401