Saskatchewan Wheat Pool Inc.

Saskatchewan Wheat Pool Inc.

May 16, 2006 13:13 ET

New Director Joins the Pool's Board

REGINA, SASKATCHEWAN--(CCNMatthews - May 16, 2006) - Saskatchewan Wheat Pool Inc. (TSX:SWP) (the "Pool") announced today that Mr. Thomas Chambers will join the Pool's Board of Directors effective immediately, filling a vacant position on the Board.

Thomas Chambers is a professional accountant, senior executive, corporate director, and business advisor, most notably having served for 26 years as a Partner in senior management roles with PricewaterhouseCoopers LLP.

Mr. Chambers, through Senior Partner Services Ltd., acts as an advisor and director to a number of companies. He has significant board experience, which includes serving on the Boards of PricewaterhouseCoopers, chairing the Compensation Committee, the Standards Council of Canada, serving as Chair of the Audit Committee. Mr. Chambers is a Board member and the Chair of the Audit Committee for Catalyst Paper Corporation, Elephant & Castle Group Inc., and MacDonald Dettwiler and Associates, all public companies. He also sits on a number of private company boards, including Mill & Timber Products Limited, Aspen Planners Limited, and Highland Pacific Mortgage Corporation. Mr. Chambers was the first Chairman of the Institute of Corporate Directors British Columbia Chapter. He also graduated from the Directors Education Program of the Institute of Corporate Directors.

"We are exceptionally pleased to attract an individual like Thomas Chambers," said Board Chairman Terry Baker. "The expertise and knowledge that he will bring to our Board table will be invaluable to the Pool."

Mr. Chambers will serve as a member on the Pool's Audit Committee of the Board.

Saskatchewan Wheat Pool Inc. is a publicly traded agribusiness headquartered in Regina, Saskatchewan. Anchored by a Prairie-wide grain handling and agri-products marketing network, the Pool channels Prairie production to end-use markets in North America and around the world. These operations are complemented by value-added businesses and strategic alliances, which allow the Pool to leverage its pivotal position between Prairie farmers and destination customers. The Pool's common shares are listed on the Toronto Stock Exchange under the symbol SWP.

Contact Information

  • Saskatchewan Wheat Pool Inc.
    Colleen Vancha
    (306) 569-4782