Business
Superior Plus Income Fund Annouces Appointment of Kay Best, FCA to Board of Directors
Superior Plus Income Fund Annouces Appointment of Kay Best, FCA to Board of Directors.
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\nTSX: SPF.UN\n\n\nCALGARY, July 4 /CNW/ - Superior Plus Income Fund (the "Fund") today\nannounced the appointment of Kay Best to the board of directors of Superior\nPlus Administration Inc., the administrator of the Fund, and Superior Plus\nInc., general partner of Superior Plus LP., effective July 1, 2007. Ms. Best\nwill be the ninth independent director of the ten member boards and will serve\non the audit committee.\n\n\n"We are very pleased to have Ms. Best join our boards," said Grant\nBilling, Chairman and Chief Executive Officer of Superior Plus. "Her\nappointment to the boards will be a valued addition in ensuring the alignment\nand support of Superior Plus' value-based growth strategy. The skills and\nextensive experience of Ms. Best in risk management, finance and strategic\nbusiness development are complementary to those of the current members of the\nBoard and will be of great value as we continue to focus on stability of\ndistributions and long-term growth."\n\n\nMs. Best currently serves as Executive Vice-President, Risk Management\nand Chief Financial Officer of the Calgary Health Region. Prior thereto, Ms.\nBest was employed as a Partner with Ernst & Young LLP. Ms. Best is currently a\ndirector of Canadian Natural Resources Limited and Enbridge Income Fund.\n\n\nAbout Superior Plus and the Fund\n\n\n--------------------------------\n\n\nSuperior Plus Income Fund is a diversified business trust. The Fund holds\n100% of Superior Plus LP, a limited partnership formed between Superior Plus\nInc., as general partner and the Fund as limited partner. Superior Plus is\nfocused on stability of distributions with value growth and has four Canadian\nbased operating divisions: Superior Propane is Canada's largest distributor of\npropane, related products and services; ERCO Worldwide is a leading supplier\nof chemicals and technology to the pulp and paper industries and a regional\nMidwest supplier of chloralkali and potassium products; Winroc is the seventh\nlargest distributor of walls and ceilings construction products in North\nAmerica; and Superior Energy Management provides fixed price natural gas and\nelectricity supply services in Ontario and natural gas supply in British\nColumbia and Quebec.\n\n\nThe Fund's trust units and convertible debentures trade on the Toronto\nStock Ex...