NSBI Strengthens Board of Directors

Jan 13, 2005

Halifax (January 13, 2005) - Tom Stanfield, chair of Nova Scotia Business Inc.'s (NSBI) board of directors announced today, Jan. 13, the appointment of new members to the NSBI board.

New members include Jim Eisenhauer, president of Lunenburg-based ABCO Group Limited, and NancyG.Tower, general manager, customer operations, Nova Scotia Power Inc. of Halifax. James W. Gogan, former president and CEO, Empire Company Limited of Stellarton, has been re-appointed to the board for a second term.

"Serving as a member of NSBI's board of directors involves a commitment of time and energy," said Mr. Stanfield. "We share a determination to see Nova Scotia businesses and communities thrive."

Mr. Eisenhauer brings strong business expertise to the board as the leader of Atlantic Canada's largest manufacturer of food processing and boat building equipment. He is also president of West Nova Fuels Limited and Nova Wood Products Limited, and a director for Composites Atlantic Limited of Lunenburg. His appointment maintains the board's representation of the province's SouthShore.

Mr. Gogan's commitment to a second term ensures a seamless contribution of his business acumen to NSBI. Mr. Gogan currently serves on the boards of Empire Company Limited, Seamark Asset Management Ltd., Donkin Resources and Black Bull Resources. He is also a trustee of Clearwater Seafoods.  

Ms. Tower, a fellow chartered accountant, has an aptitude for finances and demonstrated leadership skills acquired in senior positions in corporate finance and operations. Ms. Tower also brings an extensive background in the retail and financial services industries. She also serves on the boards of CAA Maritimes and the QEII Foundation.

"On behalf of the board, I would like to take this opportunity to thank Jim Sapp for his outstanding contribution. His unique and innovative insights were invaluable," said Mr. Stanfield.

Mr. Sapp, president of JAS Investments Limited of Liverpool, served for three years as a board member and chaired the audit committee. His term expired in November 2004.

Thirteen proven and committed businessmen and women lead NSBI as its board of directors. Board members come from communities across the province and represent various industry sectors. NSBI board members may serve up to four years per term and cannot serve more than two consecutive terms.

"NSBI's private sector-led board represents every region in the province," said Stephen Lund, president and CEO, NSBI. "These respected business leaders help guide Nova Scotia's vision of economic prosperity while maintaining the highest levels of accountability."

As of Jan. 12, members of the board of directors of Nova Scotia Business Inc. are:
-- F. Thomas Stanfield (chair), president, Stanfield's Limited, Truro
-- Sheila A. Brown, Ph.D., president and vice-chancellor, Mount Saint Vincent University, Halifax
-- Jim Eisenhauer, president, ABCO Group Limited, Lunenburg
-- Lawrence K. Evans, partner, Evans MacIsaac and MacMillan, Port Hawkesbury
-- James W. Gogan, former president and CEO, Empire Co. Limited, Stellarton
-- Maurice M. Guitton, president, EADS Composites Atlantic Limited, Lunenburg
-- Doug Hall, former managing director, RBC Dominion Securities Inc., Halifax
-- Paul Kent, senior vice-president, Aliant, Inc. and chief operating officer, xwave, Halifax
-- Larry LeBlanc, president and CEO, Renewable Energy Services Limited, Windsor
-- Paul Taylor, CEO, Office of Economic Development, Halifax
-- Nancy Tower, general manager, customer operations, Nova Scotia Power Inc.
-- Alastair E. MacLeod, president, Nova Scotia Chambers of Commerce, Sydney
-- Thomas A. Rose, chair and CEO, TAR Investments Ltd., Halifax

Nova Scotia Business Inc. is the province's business development agency, an organization that works with companies to provide business solutions. The private sector-led agency works to attract new business to the province and help those already in Nova Scotia expand through services such as export development and financing.