Chief Executive Officer


Wasaga Distribution Inc.
Wasaga Beach, Ontario


Last Day to Apply: May 12, 2018

 

 

Organization:        Wasaga Resource Services Inc./Wasaga Distribution Inc.

Position  :             Chief Executive Officer

Location:              Wasaga Beach, Ontario

 

Wasaga Resources Services Inc./Wasaga Distribution Inc. is seeking a Chief Executive Officer (CEO) and innovative leader to build on the success of the Utility in delivering safe and reliable electricity services (regulated) and to identify opportunities for partnerships and collaboration with other organizations and markets with a mandate to bring to the Board new revenue sources consistent with the Utility’s mandate. 

THE ORGANIZATION

With a lean, loyal and productive team of 20 employees, this Local Distribution Company (LDC), or ‘the Utility’ distributes power and related services inside the Town of Wasaga Beach, a vibrant community, with an ever-growing population. The present population is in excess of 21,500, and comprises a total service area of 61 square kilometers. The Utility serves approximately 13,000 residential and commercial customers and has more than 235 kilometers of conductor, both overhead and underground. The electrical power distribution system has more than 1,400 distribution transformers, and nearly 5,000 poles in service, supplied from five owned, and one shared distribution station. 

THE CEO ROLE AND RESPONSIBILITIES 

Specifically, the CEO will be responsible for: 

  • The general supervision of the business and affairs of the Corporation and the performance of the Utility by directing and coordinating all activities in accordance with Ontario Energy Board regulations for LDCs, in addition to the laws and regulations governing the operation of a corporation in Ontario
  • Completing, with the Board, a clear delineation of duties and responsibilities, and once established create a CEO performance contract
  • Learning and understanding the business, its line of products and services, its competitive environment, and its employees to remain successful in offering customers a level of service and product quality that differentiates the utility from the competition
  • Working with an engaged and articulate Board of Directors to further the mandate of the Utility
  • Explore, assess and recommend to the Board new unregulated and regulated business ventures that fit within the Utility’s risk profile and contribute to the long-term sustainability of the business; balance core business demands with new revenue and profit generating opportunities.
  • Examining the capital structure of the Utility and leveraging the available capital through appropriate strategies to maximize returns for growth and for shareholder dividends.
  • Ensuring the Utility operates in a corporate responsible environment with due regard to the environmental footprint and public and employee safety
  • Ensuring the appropriate level of engagement of the sole Shareholder through transparent information flow to The Town of Wasaga Beach Council.
  • Developing with the collaboration of the Boards of WRSI and WDI a Vision, Mission, Value Statement and actionable Strategic Plan within the inaugural year and developing supporting business development plans to suit.
  • Overseeing company operations to ensure compliance, production efficiency, accuracy, quality, service and the cost-effective management of resources
  • Develop a comprehensive, inclusive, and transparent process of operational planning designed to meet strategic priorities established by the Board/changing needs in the electricity sector
  • Manage and motivate a team of staff to support and further the Utility’s mission and to provide staff members the opportunity to further develop their skills and competencies.
  • Maintaining an excellent relationship and playing an active role in negotiating with Union and Employee Associations and the broader public 
  • Working with other like-minded utilities, potential business partners and businesses to achieve common goals and expand/explore business opportunities
  • Taking on and accepting accountability for assigned business unit P&L management, and,
  • Gaining stability in the business. 

EXPERIENCE, QUALIFICATION AND PERSONAL TRAITS:

  • 10+ years of progressive management experience in executive leadership positions
  • Strong track record managing the bottom-line of business-to-business or business-to-consumer services organizations
  • Experience managing within both, highly regulated and non-regulated industry sectors; knowledge of the electricity/power sector would also be an asset
  • Experience leading a government-owned entity would be ideal
  • Expertise in leading organizations and their governing bodies/owners through significant change and transformation
  • Demonstrated operational understanding of the work of an organization that serves multiple stakeholders; often with differing priorities and needs
  • Experience sourcing, assessing, recommending, and commercializing regulated or non-regulated business opportunities would be a solid asset
  • An ability to operate effectively at both a strategic and tactical level; is able to roll up their sleeves and, with a strong technical foundation, participate in execution when necessary; can effectively balance delegation with participation
  • Superior qualitative and quantitative analytical skills and judgment; looks for new opportunities and employs good judgment and rigor before making recommendations; can create a framework that grants decision making authority while holding people accountable
  • Strong operational leadership experience combined with solid business acumen; has developed financial management skills and P&L operating knowledge as well as experience working with ROI models, can help embed these disciplines across the organization and promote better decision making
  • Knowledge of governance responsibilities and practices
  • Experience working with a Board of Directors would be an asset
  • Takes responsibility and likes to be held accountable for results
  • Humble, confident and curious professional who can respectfully stand their ground in making and defending recommendations
  • Tenacious and resilient in working towards meeting objectives and encouraging others to deliver results
  • Nimble; able to deal with ambiguity; can take and encourage others to take educated risks
  • Entrepreneurial spirit with a keen interest in being part of a growing business striving to be the best in its industry; enjoys walking the floor and interacting with employees; projects a ‘down-to-earth’ and engaging manner; enthusiastic with a positive attitude
  • Open, honest and respectful; will embrace the Utility’s values and collaborative working environment
  • Customer focused

A more detailed Position Profile can be found at https://tinyurl.com/y8y3pnw7        

CONTACT INFORMATION

Please forward a confidential expression of interest (cover letter and current resume) to: Ed Perkovic at eperkovic@amropknightsbridge.com

 

 

 

April 12, 2018

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