Loading AI tools
From Wikipedia, the free encyclopedia
Annette Verschuren, OC is a Canadian business woman. She is currently the Chair & Chief Executive Officer of NRStor Inc.[1] The company develops and manages energy storage projects.
 | This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
Annette Verschuren | |
|---|---|
| |
| Born | North Sydney, Nova Scotia |
| Occupation | Chair & CEO of NRStor Inc. |
| Known for | President of The Home Depot Canada and Asia |
| Awards | Order of Canada |
Prior to this, Ms. Verschuren was the President of The Home Depot Canada,[2] overseeing the growth of the company's Canadian operations from 19 to 179 stores between 1996 and 2011, increasing revenue from $600 million to $6 billion.
Verschuren began her career as a development officer with the Cape Breton Development Corporation, a coal mining operation, in Sydney, Nova Scotia. She then worked with Canada Development Investment Corporation as executive vice-president, to help privatize crown corporations. Her next stop was as a Vice President of Corporate Development at Imasco Ltd., one of Canada’s largest holding companies. Ms. Verschuren then launched Michaels of Canada, a chain of arts and crafts stores before landing at the helm of Home Depot Canada.
Ms. Verschuren has been appointed to numerous government advisory roles. Among them: Economic Advisory Council, during the economic crisis in 2008, the Canada-U.S. Council for Advancement of Women Entrepreneurs and Business Leaders and the Advisory Council for NAFTA. Recently, Ms Verschuren participated in our Government’s Roundtable on Decarbonization.
Verschuren is a board member of Liberty Mutual, Air Canada, Saputo Inc.[3] and Canadian Natural Resources Limited (CNRL). In addition, Ms. Verschuren is the Chair the MaRS Discovery District Board. Ms. Verschuren is on the board of the Ontario Energy Association.
In 2011, Verschuren was honoured as an Officer of The Order of Canada for her contribution to the retail industry and corporate social responsibility.[4] In 2010, she was appointed co-chair of the 2012 Governor General's Leadership Conference, Canada's premier leadership training event. Annette Verschuren was honoured by the Canadian Business Hall of Fame in 2019.
Verschuren is the Chancellor of Cape Breton University and is on the Board of the Verschuren Centre for Sustainability in Energy and the Environment, (VCSEE). (VCSEE).
She is a founding member of the Rideau Hall Foundation. She co-chairs the Smart Prosperity Initiative.
SDTC was an arm’s-length agency created by the Canadian federal government in 2001 to fund Canadian cleantech projects with public money.[5] In the fall of 2023, the government suspended SDTC from funding new projects following a third-party investigation into allegations from former SDTC employees.[6]
On 8 November 2023, SDTC board chair Annette Verschuren admitted to the Canadian House of Commons Standing Committee on Access to Information, Privacy and Ethics that she had approved grants worth more than $200,000 in an omnibus bill, with the money having originally been part of the SDTC's efforts to fund SDTC-linked companies with existing funding arrangements during the COVID-19 pandemic.[7]Verschuren announced on 19 November,2023 that she would resign as chair of the Board of Directors too allow the board move forward on recommended changes effective 1 December,2023.[8]. [9]
Verschuren wrote a business book "Bet On Me", leading and succeeding in business and in life, published by Harper Collins. The book was a Finalist for the National Business Book Award in 2017.[10]
Annette Verschuren has received fourteen Honorary Doctorates from Canadian universities including her alma mater, St. Francis Xavier University.[11]
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
