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Just Energy (TSXV:JE.H) CEO takes leave of absence on health grounds

Energy, Renewable Energy
TSXV:JE.H
13 December 2022 12:30 (EDT)

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, 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.


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