Brendan Paddick named new chair of Nalcor board
Communications executive Brendan Paddick has been named the new chair of the board of Nalcor Energy.
Paddick is the co-founder of Columbus Communications, a Bahamian-based cable television, telephone, and internet service provider.
One of the big challenges for the new chair will be overseeing the massive Muskrat Falls hydroelectric project which is years behind schedule and billions over budget.
"I've spent my career undertaking and managing capital projects so I know where the skeletons lie, so to speak, in many of these projects," he told reporters Tuesday.
"Along with the new board members, I think we have the right skill sets,"
Paddick was born in Grand Falls-Windsor and is the founder and former chairman and CEO of Columbus International Inc.
In 2015, that company merged with Cable & Wireless Communications — a merger with an estimated value of $4.4 billion, according to a statement from Natural Resources Minister Siobhan Coady.
Paddick currently lives in the Bahamas, and said he'll try to time Nalcor board meetings around other travel to reduce costs.
The other board members announced Tuesday were John Green, Ann Marie Hann, Christopher Hickman, Jack Hillyard, Mark MacLeod, Brian Maynard, Debbie Molloy, David Oake, Edna Turpin and Nalcor CEO Stan Marshall.
John Green was chair of the interim board put in place in April, after the entire board of Crown corporation Nalcor resigned, following former CEO Ed Martin's departure.
- Interim board of directors chosen for Nalcor Energy
- Entire Nalcor board resigns in wake of Ed Martin departure
The permanent Nalcor board members were selected by the province's Independent Appointments Commission.
None of the new board members is from Labrador, but government says it wants to add at least one new member.
The commission has been asked to keep an eye out for any additional names of people "who have intimate knowledge or understanding of Labrador issues and Indigenous people," Coady said in her statement.
The Nalcor board members were selected by the new independent appointments commission <a href="https://twitter.com/hashtag/cbcnl?src=hash">#cbcnl</a>—@PeterCBC