TORONTO, ONTARIO–(Marketwired – Oct. 27, 2014) – EnerCare Inc. ("EnerCare") (TSX:ECI) today named Scott F. Boose to its board of directors, effective immediately. Mr. Boose's appointment expands the EnerCare board from eight to nine members.
On behalf of the board, Jim Pantelidis, EnerCare's chairman, said: "We are delighted that Scott Boose has joined our board. His extensive leadership experience in the energy services business will be a valuable asset as we continue to build and maintain long-term shareholder value. We look forward to working with him."
Mr. Boose was nominated to the EnerCare board by Direct Energy Marketing Limited ("Direct Energy") pursuant to Direct Energy's rights under a nomination agreement entered into in connection with EnerCare's recent acquisition of Direct Energy's home and small commercial services business in Ontario. That agreement provides that for so long as Direct Energy controls not less than 3,846,154 common shares of EnerCare, Direct Energy will be entitled to nominate one individual for consideration by EnerCare's governance committee and Board.
Mr. Boose is the President of Direct Energy Services. Prior to this role, Scott was President of the Clockwork Home Services business (a Direct Energy company), which operates its franchise network in 48 states and has company-owned operations in the United States in 11 states, as well as 2 Canadian provinces. Scott joined Direct Energy in 2004 through the acquisition of the Residential Services Group in which he held several senior positions over a ten year period.
From 2007 to 2010 Mr. Boose served as the Managing Director of the Heating Services business for British Gas, an operating unit of Centrica PLC whereby he oversaw a team of 11,000, including 8,000 frontline engineers and installers. Scott also served on the board of British Gas Insurance during his time in the United Kingdom.
Scott resides in Sarasota, Florida and has a B.S. in Business, Accounting and Finance from Wright State University and graduated with Honors.
About EnerCare Inc.
EnerCare is one of Canada's largest home and commercial services companies with more than 900 employees. EnerCare provides water heaters, furnaces, air conditioners and other HVAC rental products, protection plans and related services to approximately 1.1 million customers. EnerCare also owns EnerCare Connections Inc., a leading sub-meter provider, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.
Additional information regarding EnerCare is available on SEDAR at www.sedar.com or through EnerCare's investor relations website at www.enercareinc.com or www.enercare.ca.
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