TransCanada Appoints Cretier New Independent Director

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transcanada-logoEffective Feb. 17, Stéphan Crétier will begin his tenure as independent director of TransCanada Corp., which announced the appointment Feb. 15.

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Since 1999, Crétier has been chairman of the board, president and CEO of Garda World Security Corp. and its principal subsidiaries. Crétier has previously served as a director of ORTHOsoft Inc. from August 2004 to November 2004, a director of BioEnvelop Technologies Corp. from 2001 to 2003 and as director and president and CEO of Rafale Capital Corp. from 1999 to 2001.

“We are pleased to welcome Mr. Crétier as our newest director,” said Barry Jackson, chair of TransCanada’s board of directors. “His extensive experience as CEO of a multinational corporation, along with his leadership skills, strategic insight and business acumen will be a valuable addition to our board. We look forward to working with Mr. Crétier over the coming years.”

Crétier plays an active role as a board member of several organizations including the Montréal Economic Institute, a leading free market think-tank, and the Ligue Internationale des Sociétés de Surveillance. He also serves on the Board of Trustees of the Hirshhorn Museum, a Smithsonian Institution in Washington, D.C. Crétier holds a Master of Business Administration degree from the University of California (Pacific).

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TransCanada operates a network of natural gas pipelines that extends more than 90,300 km (56,100 miles), tapping into virtually all major gas supply basins in North America. TransCanada is the continent’s leading provider of gas storage and related services with 664 billion cubic feet of storage capacity. TransCanada is also the developer and operator of one of North America’s leading liquids pipeline systems that extend over 4,300 km (2,700 miles), connecting growing continental oil supplies to key markets and refineries.

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