Newalta Corporation
TSX : NAL

Newalta Corporation

June 24, 2009 08:30 ET

Newalta Continues to Strengthen Board with Appointment of New Director

CALGARY, ALBERTA--(Marketwire – June 24, 2009) - Newalta Inc. ("Newalta") (TSX:NAL) today announced the appointment of Tom Ryley to the Board of Directors of Newalta. Mr. Ryley has been in the Canadian energy industry for over 30 years, and is currently a Principal with Beacon Head Energy, a business advisory and investment management firm specializing in alternate and renewable energy. Previously he was with Suncor Energy for 25 years, where he held a wide range of commercial, operating and business development positions. Mr. Ryley finished his career with the company as Executive Vice President of Refining and Marketing.

"We are pleased to welcome Tom to Newalta," said Barry Stewart, Chair of the Board of Newalta. "His extensive oil and gas industry experience in Canada and the U.S., and specifically his expertise around the opportunities related to Canada's oil sands, will provide valuable input to Newalta and to our Board."

Mr. Ryley is a graduate of York University and Carleton University. A resident of Toronto, he is a former member of the fundraising Cabinet, and a long-time supporter of the United Way of Greater Toronto. He is currently a director of Benefuel Inc., and is a former Chair of the Canadian Petroleum Products Institute.

Newalta Inc. is Canada's largest industrial waste management and environmental services provider and focuses on maximizing the value inherent in industrial waste through the recovery of saleable products and recycling. It also provides environmentally sound disposal of solid, non-hazardous industrial waste. With talented people and a national network of facilities, Newalta serves customers in the automotive, construction, forestry, lead, manufacturing, mining, oil and gas, petrochemical, pulp and paper, refining, steel and transportation service industries. Providing solid investor returns, exceptional customer service, safe operations and environmental stewardship has enabled Newalta to expand into new service sectors and geographic markets. Newalta trades on the TSX as NAL. For more information, visit www.newalta.com.

Contact Information

  • Anne M. MacMicken
    Executive Director, Investor Relations
    Phone: (403) 806-7019