06:48:50 EDT Sat 11 May 2024
Enter Symbol
or Name
USA
CA



Superior Plus Corp
Symbol SPB
Shares Issued 248,853,657
Close 2023-09-05 C$ 10.48
Market Cap C$ 2,607,986,325
Recent Sedar Documents

Superior Plus appoints Colter as CFO

2023-09-06 13:46 ET - News Release

Mr. Allan MacDonald reports

SUPERIOR PLUS ANNOUNCES STRATEGIC LEADERSHIP CHANGES

Superior Plus Corp. has made significant changes to its executive leadership team.

In line with the company's strategy to evolve into a next-generation low-carbon energy distribution company, Superior is taking deliberate steps to enable this strategy by transforming its leadership team. The changes announced today mark a new era for the company, and an important step in building an organization focused on creating shareholder value and providing next-generation energy solutions through organic growth and operational excellence.

The company proudly introduces the following key executive leadership changes:

Grier Colter, chief financial officer: Mr. Colter is an established public company chief financial officer with an impressive history of overseeing companies during periods of change. He holds substantial financial expertise spanning various sectors, including financial services, mining, retail and real estate. Additionally, he brings deep experience in corporate finance and capital markets. Mr. Colter's background and previous accomplishments will be immensely beneficial as Superior strives to create shareholder value via organic growth and operational excellence. Before joining Superior, he served as the chief financial officer at Lifeworks Inc. (formerly Morneau Shepell), following his tenure as chief financial officer at ECN Capital.

In addition to Mr. Colter's appointment, a new chief human resources officer will join the executive leadership team in the coming weeks.

As a result of these changes, Beth Summers, executive vice-president and chief financial officer, has left the company, effective immediately. The board and management team extend their gratitude to Ms. Summers for her contributions and dedicated service to Superior.

"I am confident that these leadership changes will accelerate Superior into its next phase of growth. Our new executives' leadership and experience align seamlessly with our commitment to creating long-term shareholder value and Superior's unwavering dedication to being the North American leader in low-carbon energy distribution," said Allan MacDonald, chief executive officer, Superior Plus.

About Superior Plus Corp.

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy, and related products and services, servicing approximately 936,500 customer locations in the United States and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon-intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.