63 | Independent
Calgary, Alberta, Canada
Director since: 2012
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 one other public company.
- CEO experience
- Investment banking
- Mergers and acquisitions
- Risk management
As of March 10, 2017
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 Ambyint Inc. (formerly Pumpwell Solutions Ltd.), Laricina Energy Ltd. and Production Plus Energy Services Inc. (formerly TriAxon Oil Corp.).
Board and Committee Membership and Attendance
As of December 31, 2016
|2016 Voting Results||Board and Committee Membership||In Person||Teleconference||Overall|
|90.3% for||Board of directors||5 of 5||5 of 5||100%|
|9.7% withheld||Audit and finance||5 of 5||1 of 1||100%|
|Human resources and compensation||4 of 4||3 of 3||100%|
|Reserves oversight||1 of 1||1 of 1||100%|
Other Public Company Boards and Committee Memberships
|Northern Blizzard Resources Inc.||Lead director, Audit (chair), Compensation|
As of December 31, 2016
|Year||Cameco Shares||DSUs||Total Shares & DSUs||Total value of Shares & DSUs||Meets share ownership targets|
|2016||75,000||28,284||103,284||$ 1,450,109||Yes (347%)|
For share ownership compliance, Ian's shares and DSUs held at December 31, 2016 are valued at $2,219,132.
Ian is a director of Laricina Energy Limited (Laricina), a junior oil sands private company, since 2013. Laricina was under Companies’ Creditors Arrangement Act (Canada) (CCAA) protection from March 26, 2015 until February 1, 2016, when it exited from CCAA protection. Its restructuring plan was approved by the Alberta Court of Queen’s Bench on July 22, 2015.