Jim Gowans
Board Member
70 | Independent
Surrey, British Columbia, Canada
Director since: 2009
Citizenship: Canadian
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Key Skills and Experience
- Safety, health and environment /
sustainability - Capital projects
- Enterprise leadership
- International business
- Mining, exploration and operations
- Operational excellence
- Safety, health and environment /
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Jim brings strong experience in the resource sector to Cameco’s board through an extensive career as a senior executive with several major mining companies and his role as past chair of The Mining Association of Canada. He serves on three of our board committees including as chair of the safety, health and environment committee.
Biography
As of March 11, 2022
Jim Gowans is a corporate director. He has over 30 years of experience as a senior executive in the mining industry, including holding executive positions at Debswana Diamond Company in Botswana, DeBeers SA, DeBeers Canada Inc., PT Inco in Indonesia, and Placer Dome Ltd. He served as interim president and CEO of Trilogy Metals Inc. from August 2019 to May 2020. He was president, CEO and a director of Arizona Mining Inc. from January 2016 to August 2018. Prior to that, he was senior advisor to the chair of the board of Barrick Gold Corporation from August to December 2015, and co-president from July 2014 to August 2015. Jim is the past chair of the Mining Association of Canada.
Jim received a bachelor of applied science degree in mineral engineering from the University of British Columbia and attended the Banff School of Advanced Management. He has extensive mining knowledge and perspective on the importance of sustainability and stakeholder relations. In 2021, he became a director and board chair of the private company, Paycore Minerals Inc.
Board and Committee Membership and Attendance
As of December 31, 2021
| 2021 Attendance | ||||
|---|---|---|---|---|
| 2021 Voting Results | Board and Committee Membership | Regular | Special | Overall |
| 87.5% votes for | Board of directors | 7 of 7 | 1 of 1 | 100% |
| Audit and finance | 5 of 5 | 100% | ||
| Reserves oversight | 2 of 2 | 100% | ||
| Safety, health, and environment (chair) | 3 of 3 | 1 of 1 | 100% | |
Other Public Company Boards in the Past Five Years
| Marathon Gold Corporation (TSX) | 2020 to present | |
| New Gold Inc. (TSX) | 2018 to present | |
| Trilogy Metals Inc. (NYSE-MKT) | 2019 to present | |
| Titan Mining Corporation (TSX) | 2018 to 2021 | |
| Detour Gold Corporation (TSX) | 2018 to 2019 | |
| Arizona Mining Inc. (TSX) | 2016 to 2018 | |
| Dominion Diamond Corporation (TSX) | 2016 to 2017 |
Securities Held
As of December 31, 2021
| Year | Cameco Shares | DSUs | Total Shares and DSUs |
Market Value of Shares and DSUs1 |
Multiple of 2021 Annual Retainer (at market value) |
Share Ownership Guideline Compliant2 |
|---|---|---|---|---|---|---|
| 2021 | 9,000 | 87,285 | 96,285 | $ 2,655,540 | 13.3x | Yes |
| 2020 | 9,000 | 82,598 | 91,598 | $1,561,746 | ||
| Change | – | 4,687 | 4,687 | $1,093,794 |
1 Based on total holdings multiplied by the closing price of Cameco common shares on the TSX on December 31: $17.05 (2020) and $27.58 (2021).
2 For evaluating compliance with Cameco’s share ownership guidelines, Jim’s shares and DSUs held at December 31, 2021 are valued at $2,683,588 and represent 13.4x the board member retainer of $200,000.