MISSISSAUGA, ON, May 26, 2023
/CNW/ - Bird Construction Inc. (TSX: BDT) announced today that Mr.
Paul Charette has retired from his
position as Independent Director on the Board and as such he did
not seek re-election at the Company's 2023 Annual General Meeting
of Shareholders held on May 9,
2023. Following Mr. Charette's retirement, the total number
of Board members has been reduced from twelve to eleven.
As a longstanding member of the Board, Mr. Charette has played
an integral role in Bird's success story, serving as an Independent
Director from 2021 to 2023 and as Chairman of the Board from 2001
to 2021.
Joining Bird in 1976 as a Project Coordinator, Mr. Charette's
exceptional leadership propelled him to the role of President and
Chief Operating Officer in 1988. His visionary approach and
dedication further led to his appointment as the President and
Chief Executive Officer in 1991, a position he held until his
retirement in September 2008. Despite
retiring from the executive role, he continued to contribute his
expertise and insights to the Board, leaving a lasting impact on
Bird's growth and prominence in the construction industry.
In addition to providing leadership to Bird, Mr. Charette
provided leadership to the construction industry. He has
served on a number of industry boards. He was Chair of the Ontario
General Contractors Association, Chair of the Toronto Construction
Association Advisory Committee and was Chair of the Canadian
Construction Association in 2009.
Beyond his contributions to Bird, Mr. Charette has been a
tireless advocate for college and institute education. Notably, he
played a key role in establishing the Bird Construction/Paul and
Gerri Charette Endowment Fund in partnership with Colleges and
Institutes Canada, which is dedicated to supporting Indigenous
students pursuing post-secondary education. The Fund of
$200,000 is held in perpetuity with
annual disbursements; its first disbursements were made in the
2021-2022 school year.
"On behalf of Bird's Board of Directors, management, employees,
and stakeholders, I extend our deepest gratitude to Mr. Charette
for his invaluable contributions and unwavering commitment to the
Company. With an exceptional tenure spanning over forty-seven
years, his legacy will endure through the generations of
individuals he inspired in the construction industry," said Mr.
Paul R. Raboud, Chair of the Board
of Directors.
This press release contains forward-looking information (as
defined in applicable Canadian securities legislation) that
involves known and unknown risks, uncertainties and other factors
which may cause actual results, performance, or achievements to
materially differ from those expressed or implied by the
forward-looking information.
The Toronto Stock Exchange does not accept responsibility for
the adequacy or accuracy of this release.
For further information, contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122
About Bird Construction
Bird (TSX: BDT) is a leading Canadian construction company
operating from coast-to-coast and servicing all of Canada's major markets. Bird provides a
comprehensive range of construction services from new construction
for industrial, commercial, institutional, and civil infrastructure
markets; to industrial maintenance, repair and operations services,
heavy civil construction, and mine support services; as well as
vertical infrastructure including, electrical, mechanical, and
specialty trades. For over 100 years, Bird has been a
people-focused company with an unwavering commitment to safety and
a high level of service that provides long-term value for all
stakeholders. www.bird.ca
SOURCE Bird Construction Inc.