Terasen Inc., Vancouver, BC, has named Mark L. Cullen as acting chairman. Terasen, formerly BC Gas Inc., is a natural gas utility, and it also provides petroleum pipeline services from the Athabasca oil sands.
By OGJ editors HOUSTON, June 19 -- Terasen Inc., Vancouver, BC, has named Mark L. Cullen as acting chairman. Terasen, formerly BC Gas Inc., is a natural gas utility, and it also provides petroleum pipeline services from the Athabasca oil sands.
Cullen is the former vice-chairman of RBC Dominion Securities. He joined the Terasen board 1998.
This action was taken because Iain Harris advised the board that it is in Terasen's best interest for to him to take a leave of absence as chairman pending the resolution of allegations against him by the Alberta Securities Commission.
The allegations are unrelated to Terasen. During this time, Harris will remain a board member, but he will have no active involvement in the company's operations.