Sierra Geothermal Power appoints 2 additional directors
Alexander Richter
18 Feb 2010
Sierra Geothermal Power Corp. announces the appointment of Michael Atkinson, nominee by Exploration Capital, and Daryl S. Clark, nominee by Skyberry Holdings, to its Board of Directors.
In a release by the company, “Sierra Geothermal Power Corp. (TSX VENTURE:SRA) announced the appointment of Michael Atkinson and Daryl S. Clark to its Board of Directors. As previously disclosed on January 26, 2010, the Board decided to increase the number of its Directors from six to eight and agreed to fill these newly created vacancies by appointing one nominee from each of Exploration Capital and Skyberry Holdings. Mr. Atkinson is Exploration Capital’s representative and Mr. Clark is Skyberry Holdings’ representative.
Mr. Atkinson currently acts as a Director of Kobex Minerals Inc., and is President and Director of Canadian Phoenix Resources Corp. and Petra Petroleum Inc. He is a self-employed business consultant assisting junior companies in business development and corporate finance. Mr. Atkinson has over 15 years of demonstrated success in finance, sales, management & corporate development and a proven record of dependability and strong business acumen. Until June 2008, he was the Vice President of Quest Capital Corp. where he oversaw bridge lending activities and helped grow Quest’s market capitalization from $30M to over $450M in less than 5 years. Mr. Atkinson’s education includes a Bachelor of Arts, Administrative and Commercial Studies.
Mr. Clark currently acts as the Vice President and CFO and Director of South Asia Energy Management Systems, a Director of Ram Power Corp. and as a Director of Canadian Phoenix Resources Corporation. Mr. Clark formerly served as Vice President and CFO of Peachtree Settlement Funding. Mr. Clark has a long history of corporate finance and management within large and small companies. Prior to joining Peachtree, he was CFO for META Security Group. Mr. Clark has also held key leadership positions with DirecTV and Sensormatic Electronics. Mr. Clark has an MBA from the University of Miami and a Bachelor’s degree in chemical engineering from the University of Florida.
“We are pleased to add two quality individuals representing two of our largest shareholders to our Board of Directors. I believe their experience in corporate finance and development will strengthen our Board,” said Gary R. Thompson, President and CEO of Sierra Geothermal Power.
In addition to becoming an independent director of SGP, Michael Atkinson has also been appointed to the special committee of independent directors to consider and evaluate strategic alternatives for SGP, and make recommendations thereon to the Board.
The appointments of Mr. Atkinson and Mr. Clark to the board of Directors are subject to approval by the TSX Venture Exchange.”
Source: Company announcement via Marketwire
