Brookfield Asset Management Appoints Jeff Kendrew as Chief Development Officer of Its Global Infrastructure Platform
08 März 2010 - 1:06AM
Marketwired
Brookfield Asset Management Inc. (TSX: BAM.A)(NYSE: BAM)(EURONEXT:
BAMA) is pleased to announce that Jeff Kendrew has joined the firm
as Chief Development Officer of its global infrastructure platform.
Prior to his appointment, Mr. Kendrew served as Managing Director
and Chief Executive Officer of Prime Infrastructure (ASX: PIH),
which he oversaw during Brookfield's sponsorship of its
recapitalization and restructuring in November 2009. As of December
31, 2009, Brookfield manages approximately $15 billion of
infrastructure assets across multiple sectors, including
transportation (ports, rail lines), utilities (electrical and
natural gas transmission), and timberlands.
"We are very pleased to welcome Jeff as a senior executive of
our infrastructure team," said Sam Pollock, Senior Managing Partner
of Brookfield and head of its infrastructure group. "His extensive
operating experience in the infrastructure industry, with
particular focus on the power sector, is an excellent fit with the
significant opportunities that we see as we continue to grow our
infrastructure platform."
Mr. Kendrew will be based in Brookfield's offices in Sydney,
Australia.
About Brookfield Asset Management
Brookfield Asset Management Inc., focused on property, power and
infrastructure assets, has over US$90 billion of assets under
management and is listed on the New York and Toronto Stock
Exchanges under the symbols BAM and BAM.A, respectively, and on
NYSE Euronext under the symbol BAMA. For more information, please
visit the Company's website at www.brookfield.com.
Forward-looking Statements
Note: This news release may contain forward-looking information
within the meaning of Canadian provincial securities laws and
"forward-looking statements" within the meaning of Section 27A of
the U.S. Securities Act of 1933, as amended, Section 21E of the
U.S. Securities Exchange Act of 1934, as amended, "safe harbor"
provisions of the United States Private Securities Litigation
Reform Act of 1995 and in any applicable Canadian securities
regulations. The words "focus", "see", "grow" and derivations
thereof and other expressions are predictions of or indicate future
events, trends or prospects or identify forward-looking statements.
Forward-looking statements in this news release include statements
in regards to the growth opportunities of the company's
infrastructure platform. Although Brookfield Asset Management
believes that its anticipated future results, performance or
achievements expressed or implied of such assets by the
forward-looking statements and information are based upon
reasonable assumptions and expectations, the reader should not
place undue reliance on forward-looking statements and information
as such statements and information involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the company to differ materially
from anticipated future results, performance or achievement
expressed or implied by such forward-looking statements and
information.
Factors that could cause actual results to differ materially
from those contemplated or implied by forward-looking statements
include: economic and financial conditions in the countries in
which we do business; the behaviour of financial markets, including
fluctuations in interest and exchange rates; availability of equity
and debt financing; strategic actions including dispositions; the
ability to complete and effectively integrate acquisitions into
existing operations and the ability to attain expected benefits;
tenant renewal rates, availability of new tenants to fill office
property vacancies, tenant bankruptcies, adverse hydrology
conditions; regulatory and political factors within the countries
in which the company operates; acts of God, such as earthquakes and
hurricanes; the possible impact of international conflicts and
other developments including terrorist acts; changes in accounting
policies to be adopted under International Financial Reporting
Standards and other risks and factors detailed from time to time in
the company's form 40-F filed with the Securities and Exchange
Commission as well as other documents filed by the company with the
securities regulators in Canada and the United States including the
company's most recent Management's Discussion and Analysis of
Financial Results under the heading "Business Environment and
Risks."
We caution that the foregoing list of factors that may affect
future results is not exhaustive. When relying on our
forward-looking statements to make decisions with respect to
Brookfield Asset Management, investors and others should carefully
consider the foregoing factors and other uncertainties and
potential events. Except as required by law, the company undertakes
no obligation to publicly update or revise any forward-looking
statements or information, whether written or oral, as a result of
new information, future events or otherwise.
For more information, please visit our web site at
www.brookfield.com.
Contacts: Investors Brookfield Asset Management Inc. Katherine
Vyse, SVP, Investor Relations and Communication (416) 369-8246
(416) 363-2856 (FAX) kvyse@brookfield.com Media Brookfield Asset
Management Inc. Denis Couture, SVP, Corporate and International
Affairs (416) 956-5189 (416) 363-2856 (FAX) dcouture@brookfield.com
www.brookfield.com
Brookfield Asset Managem... (TSX:BAM.A)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Brookfield Asset Managem... (TSX:BAM.A)
Historical Stock Chart
Von Jul 2023 bis Jul 2024