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Pieridae appoints new CFO

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LNG Industry,

Pieridae Energy Ltd has announced that it has appointed Rob Dargewitcz as its new Chief Financial Officer.

According to the statement, Dargewitcz started his new role on 11 November 2019.

Pieridae CEO, Alfred Sorensen, said: “We are excited to officially welcome Rob to our leadership team as our new CFO.

“He did a stellar job in helping to secure the financing needed to close the transformational Shell asset acquisition. After helping to raise $10 billion to construct the North West Redwater refinery, Rob’s skill set is well positioned to bring in the larger financing needed to build Pieridae’s Goldboro LNG Project.”

Sorensen went on to say that Dargewitcz’s proven leadership of the company’s finance team will continue to strengthen the company’s financial controls, helping Pieridae become a true mid-cap company as it looks to graduate to the TSX. Dargewitcz spent 15 years working at Shell Canada Ltd where, among other responsibilities, he successfully managed the financial profitability of Pieridae’s newly acquired Foothills assets.

According to the statement, Dargewitcz has served as interim CFO of Pieridae since August 2019, having previously been Senior Vice President of Finance and Risk Management. He has more than 20 years of experience in the energy sector, including five years prior to Pieridae as Treasurer of North West Redwater Partnership (NWRP), where he helped to lead the financing of their $10 billion upgrader/refinery project in Alberta.

Prior to NWRP, Dargewitcz served at Shell for 15 years, where he held a number of positions over the years. In addition to this, he is also a retired Army Officer, retiring with the rank of Captain from the Canadian Armed Forces after having served in the Army for five years post completion of his undergraduate degree in Economics and Commerce at the Royal Military College in Kingston, Ontario.

Dargewitcz also holds a Master of Business Administration (MBA) from the University of Ottawa and is a Chartered Professional Accountant (CPA).

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