Source: Just Energy
  • Just Energy Group (JE.H) has announced that CEO Scott Gahn has taken an immediate leave of absence
  • According to the company, Ghan took a leave of absence on health grounds
  • To bridge the vacuum, the Just Energy Board of Directors has appointed Michael Carter, the company’s Chief Financial Officer, as interim President and Chief Executive Officer
  • Just Energy Group Inc. is a retail energy provider specializing in electricity and natural gas commodities
  • Just Energy Group Inc. was unchanged at $0.025 at 11:29 AM ET

Just Energy Group (JE.H) has announced that CEO Scott Gahn has taken an immediate leave of absence.

According to the company, Ghan took a leave of absence on health grounds.

To bridge the vacuum, the Just Energy Board of Directors has appointed Michael Carter, the company’s Chief Financial Officer, as interim President and Chief Executive Officer, effective immediately.

“Our thoughts are with Scott and his family during this difficult time, and on behalf of the entire Just Energy team, we wish Scott the very best,” noted Michael Carter, CFO and Interim President and Chief Executive Officer.

As a member of the leadership team since 2020, Carter is deeply involved in the operations of Just Energy.

The Board of Just Energy believes that with the support of the other members of the executive management team, Carter is well-positioned to lead the company out of its restructuring phase upon the close of the previously-announced transaction under the Companies’ Creditors Arrangement Act (Canada).

Just Energy Group Inc. is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions, carbon offsets and renewable energy options to customers.

Just Energy Group Inc. was unchanged at $0.025 at 11:29 AM ET.


More From The Market Online
AI generated image of three men sitting around a table looking at stock charts

Buzz on the Bullboards: Markets recover after interest rate cut

Canadian and U.S. markets had their ups and downs, and three stocks have generated plenty of discussion on Stockhouse’s Bullboards.
Chunks of uranium

Fueling the Future: Uranium market activity for the week of Sept. 2

Russia has planned for the expansion of nuclear power, which could see as many as 34 new reactors by 2042 within the country.
Parkland Corp. On the Run convenience store in Florida.

Parkland Corp. plans to sell its Florida operations

Parkland Corp. intends to sell its Florida-based businesses as part of its more than C$500 million non-core asset divestment program.