Sartor & Associates has been retained by the Board of Directors of Elexicon Group Inc., located in Whitby, ON, to recruit a dynamic, strategic, and visionary leader as President & Chief Executive Officer to steer their organization to the next phase of its development through continued growth and evolution in a changing environment.
BACKGROUND
In 2018, following an extensive evaluation and community engagement process, Whitby Hydro Energy Corporation and Veridian Corporation moved forward with a proposal to merge. The merger created Elexicon Corporation, a holding company 100 per cent owned by 5 municipal shareholders: the Town of Whitby, the City of Pickering, the Town of Ajax, the Municipality of Clarington and the City of Belleville. Elexicon Corporation consists of two wholly owned subsidiary operating companies: Elexicon Energy Inc. and Elexicon Group Inc.
Elexicon Energy Inc. is a regulated electricity distribution company that delivers electricity to approximately 169,000 homes and businesses located in ten municipalities in east-central Ontario.
Elexicon Group Inc. is a non-regulated energy services business offering energy management and procurement consulting services, combined heat and power solutions, and specialty metering. The company is focused on both organic growth and expanding the business through merger and acquisition opportunities.
Mission - Imagine energy as opportunity.
Vision - Be the partner that makes energy management better for business and consumers and saves a bit more of the world.
THE POSITION
Reporting to the Board, the President & Chief Executive Officer (CEO) of Elexicon Group Inc. will have the responsibility for increasing revenues, profitability, and shareholder value over time. The CEO will thrive in a business development environment, both in evaluating the current business and working with the Board to create a strategy for identifying, evaluating, and implementing new business opportunities and relationships.
The CEO will have responsibility for developing and executing on the strategy, building out the team, resources and funding to deliver exponential growth and higher margins in the business, leveraging the existing foundational components.
The CEO will be responsible for managing both current and future lines of business. Current lines of business include:
CANDIDATE PROFILE
The new CEO will be challenged to demonstrate sound leadership and strategic expertise to articulate and advance the company’s vision, mission and objectives. This position is responsible for the effective long-term delivery of financial, operational, safety, customer, community and government key results.
The CEO must be a strategic and innovative leader who will quickly earn credibility in the eyes of the Board, staff, and key stakeholders. The new CEO will be a driven, passionate, visionary leader that has a decisive management style and excels at relationship-building. The new CEO will bring a successful track record of new business development, cultural change management at a senior leadership level. Future success will be dependent on financial and business acumen, strong interpersonal skills, and an entrepreneurial spirit.
DUTIES & ACCOUNTABILITIES
QUALIFICATIONS
KEY ATTRIBUTES & COMPETENCIES
Transformational and Strategic Leadership
Confidently builds and develops teams, fosters a respectful and ethical work environment, mobilizes the workforce and champions and delegates courses of action towards the achievement of the strategy and vision of the enterprise through the creation and prioritization of corporate goals.
Visioning and Alignment
Shapes a compelling and inspired vision and strategy for the enterprise and generates commitment and alignment of all aspects of the business and its people with the strategy and vision.
Political Savvy
Knows, understands and operates sensitively and effectively within the political structures and climates, strategically influencing outcomes.
Business Sense
Understands and uses the workings, structure, climate and culture of the enterprise and the industry to achieve business and growth outcomes.
Financial Acumen
Uses understanding of financial information to make business decisions, maximize value, and maintain financial health of the enterprise.
Relationship and Network Building
Seeks and builds alliances, maintains effective relationships, communicates in a compelling and articulate manner instilling commitment, and fosters open respectful two-way communication channels, internally and externally, to further the strategy and vision of the enterprise.
Decision Making
Analyses and synthesizes information to understand issues, identify options, and make appropriate, realistic and timely decisions based on consideration of the available facts and alternatives and sound calculation of risks.
Negotiation
Actively listens for underlying nuances and messages and uses persuasion to build consensus, manage and/or resolve conflicts, and reach mutually agreeable outcomes.
Resilience
Remains energized, positive, and focused in the face of ambiguity, change or strenuous demands.
APPLICATION INFORMATION
To explore this opportunity further, please email your resume (filename - “Last name, First name - CV”), with “Elexicon Group CEO” in the subject line, in confidence to Larry Sartor at larry@sartorandassociates.com and Mark Fukuzawa at mark@sartorandassociates.com.
It is Elexicon Group’s policy to comply with all applicable laws and regulations which prohibit unlawful discrimination because of race, religion, creed, colour, national origin, sex, sexual orientation, age, disability or marital status or any other protected class.
We thank all those that apply for the position, however, only those selected for an interview will be contacted. Thank you for your understanding.
September 16, 2020