Pengrowth Energy Trust announces appointment of Christopher Webster as Chief Financial Officer
March 21 2005 - 1:12AM
PR Newswire (US)
Pengrowth Energy Trust announces appointment of Christopher Webster
as Chief Financial Officer Stock Symbol: PGF.A/PGF.B, TSX; PGH,
NYSE CALGARY, March 21 /PRNewswire-FirstCall/ -- Pengrowth
Corporation ("Pengrowth"), administrator of Pengrowth Energy Trust
("Trust"), is pleased to announce today the appointment of Chris
Webster as Chief Financial Officer. Mr. Webster previously was Vice
President, Treasurer and interim Chief Financial Officer of
Pengrowth Corporation. He received a Bachelor of Commerce from
Concordia University and holds both CFA and CGA designations. The
appointment of Chris Webster followed an extensive search process
conducted by the Chief Executive Officer through a national
independent executive search firm in consultation with the
Corporate Governance and Compensation Committee of the Board of
Directors. Mr. Webster was selected based upon his experience and
qualifications, his knowledge of the Trust and his superior
performance as an executive officer and active member of the
Pengrowth team over the past five years. Mr. Webster joined
Pengrowth in 2000 and was appointed as Treasurer in 2001. He has
participated actively in debt and equity financing activities of
the Trust and the acquisitions and divestitures of Pengrowth
Corporation. Prior to joining Pengrowth, Mr. Webster held senior
accounting positions within the petroleum industry including
managing treasury and accounting functions and acting as interim
Vice-President of Marketing for Union Pacific Resources Inc. Mr.
Webster also held progressive and diversified accounting positions
with Home Oil Company Ltd. from 1988 to 1995 including broad
exposure to operations accounting, budgeting and development of
cost controls. James S. Kinnear the Chief Executive Officer of
Pengrowth stated: "the appointment of Chris Webster reflects
Pengrowth's commitment to excellence, the quality and diversity of
Pengrowth's team and the development of individuals with superior
skills dedicated to enhancing value for all unitholders." PENGROWTH
CORPORATION James S. Kinnear, President DATASOURCE: Pengrowth
Energy Trust; Pengrowth Corporation CONTACT: For further
information about Pengrowth, please visit our website
http://www.pengrowth.com/ or contact: Investor Relations, E-mail: ,
Telephone: (403) 233-0224, Toll Free: 1-800-223-4122, Facsimile:
(403) 294-0051, Investor Relations, Toronto, Toll Free:
1-888-744-1111, Facsimile: (416) 362-8191
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