Badger Infrastructure Solutions Ltd. Announces Appointment of Stephanie Cuskley to Board of Directors
18 Mai 2022 - 10:15PM
Badger Infrastructure Solutions Ltd. (“Badger” or the “Company”)
(TSX:BDGI) announces the appointment of Stephanie Cuskley to
Badger's Board of Directors (the “Board”) following the retirement
of Grant Billing.
"We wish to thank Grant for his seven years of
service as a director of Badger which included serving as Chair of
the Nominating & Governance Committee of the Board. Badger has
benefitted from the significant contributions Grant made to our
Board and he will be missed," said Glen Roane, Chair of the
Board.
"Following Grant's retirement, we are pleased to
welcome Stephanie Cuskley to Badger's Board of Directors as an
independent director. Stephanie's wide range of experiences which
have included a focus on US mid-market industrial companies will be
of significant benefit to Badger. The addition of Stephanie further
strengthens the Board's skills and experiences, providing valuable
perspective and insight as we execute on Badger's strategic growth
initiatives. We look forward to Stephanie's future contributions,"
Roane added.
From 2015 to 2021, Ms. Cuskley served as the
Chief Executive Officer of the Leona M. and Harry B. Helmsley
Charitable Trust, a foundation which supports a wide range of
organizations with a major focus on health and medical research.
From 2019 to 2021, Ms. Cuskley also served as the Chair of the
Board of Directors of Aegion Corporation, a publicly-traded
pipeline and infrastructure services company, and as a director of
Aegion Corporation since 2005. From 2009 to 2015, Ms. Cuskley
served as Chief Executive Officer of NPower, a charitable
organization that launches underserved individuals into meaningful
and sustainable technology careers. She was a Managing Director at
JP Morgan Chase in New York, NY from 1995 to 2005 and provided
investment banking services to mid-market industrial companies. Ms.
Cuskley, who resides in New Jersey, holds a Master of Business
Administration (Finance) from Cornell University and a Bachelor of
Arts (Economics & Commerce) from the University of Toronto. Ms.
Cuskley will be a member of the Board's Audit Committee and the
Board's Nominating & Governance Committee.
About Badger Infrastructure Solutions
Ltd.
Badger Infrastructure Solutions Ltd. (TSX:BDGI)
is North America’s largest provider of non-destructive excavating
services. Badger works for contractors and facility owners in a
broad range of infrastructure industries. These market segments
consist primarily of infrastructure projects in areas such as
energy generation, electricity and natural gas transmission
networks, roads and highways, telecommunications, water and sewage
treatment and general municipal infrastructure. Customers in these
segments typically operate near high concentrations of underground
power, communication, water, gas and sewer lines, particularly in
large urban centres where safety and economic risks are high and
therefore non-destructive excavation provides a safe alternative
for certain customer excavation requirements.
The Company’s key technology is the Badger
Hydrovac™, which is used primarily for safe excavation around
critical infrastructure and in congested underground conditions.
The Badger Hydrovac uses a pressurized water stream to liquify the
soil cover, which is then removed with a powerful vacuum system and
deposited into a storage tank. To complement the Badger Hydrovac,
the Company began field-testing prototype air excavation units,
Badger Airvac™ Pending, in late 2021. The Badger Airvac is
used like a Badger Hydrovac for safe excavation. The Badger Airvac
utilizes compressed air versus water to loosen the cover soil
before vacuuming and depositing into a storage tank.
The Badger Airvac complements the Badger
Hydrovac, and both are designed and manufactured by Badger.
Badger’s vertical integration increases the certainty of
non-destructive excavation unit supply to support the Company’s
growth and retirement replacement requirements at a cost less than
purchasing from third party manufacturers. The vertical integration
also allows Badger the opportunity to incorporate feedback from its
non-destructive excavation unit operators and customers into its
design and manufacturing processes, and reduces fleet downtime for
repairs due to integrated repair part availability.
For further information:
Paul Vanderberg, President and Chief Executive
OfficerDarren Yaworsky, Senior Vice President, Finance and Chief
Financial OfficerTrevor Carson, Vice President, Investor Relations
& Corporate Development
Badger Infrastructure Solutions
Ltd.ATCO Centre IISuite 400, 919 - 11th Avenue SWCalgary,
Alberta T2R 1P3Telephone (403) 264-8500Fax (403) 228-9773
Source: Badger Infrastructure Solutions Ltd.
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