Bennett Environmental Inc. Appoints New CEO
Market Wire, November, 2006
Bennett Environmental Inc. (TSX: BEV)(AMEX: BEL) announced today the appointment of its new Chief Executive Officer, Jack Shaw, who will undertake this position immediately.
After a five month comprehensive search process, conducted by a leading executive search firm, the Company's Board of Directors concluded that Mr. Shaw's twenty-five years of senior management experience, especially in the area of sales and marketing with two leading environmental service companies, was one that fit with Bennett's immediate needs.
"Bennett Environmental has spent a great deal of time restructuring its operations over the past five months for what the Company expects to be a resumption of revenue growth and profitability", commented David Williams, Chairman of the Company's board, and "with Jack's appointment, we now have the leadership required to truly move Bennett forward". Further, Mr. Williams commented that "the board looks forward to Jack leveraging his past experiences of working with troubled companies and underperforming assets to broaden the Company's network and to building new relationships with customers and clients."
In the past Jack Shaw held executive positions with Laidlaw, Philip Services and Mosaic Chemical. He received his MBA from the University of Western Ontario's Ivey School of Business and his BA in Economics from Wilfrid Laurier University.
Forward Looking Statements
Certain statements contained in this press release and in certain documents incorporated by reference into this press release constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and "confident" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. BEI believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in, or incorporated by reference into, this press release should not be unduly relied upon. These statements speak only as of the date of this press release. BEI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Bennett Environmental Inc.
Bennett Environmental Inc. is a North American leader in high-temperature treatment services for the remediation of contaminated soil and has provided thermal solutions to contamination problems throughout Canada and the U.S. Bennett Environmental's technology provides for the safe, economical and permanent solution to contaminated soil. Independent testing has consistently proven that the technology operates well within the most stringent criteria in North America. For information, please visit the Bennett Environmental website at: www.bennettenv.com .
JACK SHAW
-------------
Viewpoint Management Services Inc., 2001 to Present
Restructuring Services for Troubled Companies
- Variety of interim roles including; Chief Operating Officer and Chief
Financial Officer
Philip Services Corporation and Subsidiaries, 1997 to 2001
Industrial and Environmental Service Company
- Senior Vice President, Corporate Development and Planning, 1999 to 2001
- Vice President, PSC Industrial Services Group, 1997 to 1999
Laidlaw Inc. and Subsidiaries, 1989 to 1996
Environmental Service Company
- General Manager, Laidlaw Waste System, 1995 to 1996
- Vice President, Industrial Services, Laidlaw Waste Systems, 1993 to 1995
- Vice President Marketing, Laidlaw Environmental Services, 1989 to 1993
Mosaic Chemical Corporations, 1984 to 1989
Environmental Service Company
- President, 1987 to 1989
- General Manager, 1984 to 1986
Education:
- Master of Business Administration, University of Western Ontario, 1979
- Bachelor of Arts, Economics, Wilfred Laurier University, 1977
Contacts: Bennett Environmental Inc. Michael McSweeney Vice President (905) 339-1540 ext 209 Website: www.bennettenv.com
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