Enersource Corporation

Enersource Corporation

June 12, 2007 09:00 ET

Enersource Corporation Appoints New Acting CEO

MISSISSAUGA, ONTARIO--(Marketwire - June 12, 2007) -

Attention News Editors:

Enersource Corporation announced today that Gunars Ceksters has decided to step down from the position of President and Chief Executive Officer of the Corporation, for health-related reasons. Craig Fleming, presently Executive Vice President and Chief Financial Officer, has been appointed Acting President and Chief Executive Officer, and will assume this additional responsibility leading the management team for the Corporation, effective immediately.

"Gunars Ceksters has made an enormous contribution to our company and the electricity industry over a 32-year career in the sector, but we fully respect his decision to place his personal life first and we wish him the very best in future endeavours," said Enersource Chair Norm Loberg.

Gunars Ceksters has held the position of President and Chief Executive Officer of Enersource Corporation, since May 2001. Under his leadership, Enersource established an extraordinary record for safe, reliable and efficient delivery of electricity to the Corporation's over 180,000 distribution utility customers and significant growth into non-regulated activities.

A strong advocate for improved efficiencies within the Ontario electricity sector, Mr. Ceksters served as Co-Chair of the Government of Ontario's Electricity Conservation and Supply Task Force, and more recently on the senior level Provincial steering committee for the implementation of smart meters in Ontario and on the Board of Directors of the Electricity Distributors Association (EDA).

Enersource Corporation is a diversified energy and technologies company focusing on quality of service with the distribution of electricity, the promotion and delivery of electricity conservation programs and smart metering solutions to meet government objectives, and increasing involvement in distributed generation to enhance the provincial electricity supply. The Corporation is 90% owned by the City of Mississauga, and 10% owned by BPC Energy Corporation (Borealis), a subsidiary of the Ontario Municipal Employees Retirement System.

Contact Information

  • Enersource Corporation
    Ken MacDonald
    Sr. Manager, Marketing Communications & Government Relations
    (905) 283-4050
    Email: kmacdonald@enersource.com