(TSX: SCL.A, SCL.B) TORONTO, June 29 /CNW/ - ShawCor Ltd. (TSX: SCL.A, SCL.B) today announced the appointment of Gary Love as Chief Financial Officer of the company, effective immediately. Gary will succeed Alan Thomas who is retiring from the position of Vice President and Chief Financial Officer of ShawCor. These changes are part of ShawCor's ongoing management succession plan. Gary joined ShawCor on January 3, 2006 in the position of Vice President, Senior Controller and, during his initial period with the company, assumed direct responsibility for all of the division controllers that coordinate the financial reporting activities in ShawCor's six divisions at over fifty locations worldwide. Mr. Love holds a Bachelor of Commerce from the University of Toronto and is a Chartered Accountant. He came to ShawCor with a strong background in operational finance gained through senior management positions with several Canadian public companies including Magna International, and most recently at Stackpole Limited of Oakville, Ontario where he was Vice President and Chief Financial Officer. ShawCor wishes to express its appreciation to Alan Thomas for his many contributions to the company during his years of service as Chief Financial Officer. ShawCor Ltd. is an energy services company specializing in products and services for the pipeline and pipe services and the petrochemical and industrial segments of the oil and gas industry. The company operates through six divisions with manufacturing and service facilities located around the world.