NSBI Appoints New Board Member

Aug 25, 2009

A distinguished business leader with a focus on environmental sustainability is joining the board of directors at Nova Scotia Business Inc., the province's business development agency.

Doug Hall, chair of NSBI's board, announced the appointment of Scott Travers, president and chief operating officer of Minas Basin Pulp and Power.

"Scott Travers is a strong addition to NSBI's board," said Mr. Hall. "His extensive background and expertise will have a positive impact on our work in growing Nova Scotia's economy."

Mr. Travers is also the president and vice-chairman of Newton Falls Fine Paper in Newton Falls, N.Y., and president and past councillor of the Canadian Pulp and Paper Association.

He also lends his expertise in sustainability to organizations such as Scotia Recycling Ltd., MaManna, CaribRegen, and the Renewable Energy Industry Association of Nova Scotia. He is a founding member of the Electrical Consumers Association of Nova Scotia and currently serves as a director of Crown Fibre Tube and Scotia Recycling Ltd. In addition to being an active member of the business community, he has dedicated his efforts to various outreach programs in schools, universities and conferences as well as numerous service clubs.

Mr. Travers replaces Jim MacConnell, former president and CEO of Scotsburn Co-operative Services Limited. Mr. MacConnell served on NSBI's board from April 2005 until April 2009.

"NSBI continues to drive economic growth in Nova Scotia," said Percy Paris, Minister of Economic and Rural Development. "The prominent business leaders who make up NSBI's board of directors exhibit a true commitment to a prosperous province."

"The innovative individuals who make up NSBI's board of directors provide leadership and guidance that result in real economic growth," said Stephen Lund, president and CEO of NSBI. "Mr. Travers's experience as a business leader and as a pioneer in environmental sustainability will be a real asset to the organization."

Board members may serve up to four years per term and cannot serve more than two consecutive terms. There are 13 NSBI board members.

Nova Scotia Business Inc. is Nova Scotia's private-sector-led business development agency. NSBI is the investment attraction arm of the province and helps businesses in Nova Scotia meet growth potential through advisory services, trade development, financing and venture capital.

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