Stantec Welcomes Christopher Lopez and Rick Eng to Board

Stantec Strengthens Board with New Appointments

EDMONTON, Alberta – Stantec Inc. (TSX, NYSE: STN) has announced the exciting additions of Christopher Lopez and Rick Eng to its Board of Directors, effective January 1, 2025. As a global leader in sustainable design and engineering, these strategic appointments reflect Stantec's commitment to enhancing its governance and driving innovative solutions.

Meet Christopher Lopez

Christopher Lopez brings with him more than 28 years of extensive industry experience across the utility, power generation, and mining sectors, which spans countries including Canada, the United States, Mexico, Australia, and New Zealand. His most recent role was as Chief Financial and Regulatory Officer at Hydro One Limited, where he honed his skills in finance and regulation. Moreover, his wealth of experience encompasses significant involvement in mergers and acquisitions, displaying a keen expertise in clean energy finance during his time at Hydro One. Before that, he was Vice President for Corporate Planning and Mergers & Acquisitions at TransAlta Corporation, showcasing a solid foundation in strategic leadership.

Key Qualifications and Education

Currently, Mr. Lopez is a board member of Algonquin Power & Utilities Corp., demonstrating his leadership in the energy sector. His academic credentials include a Bachelor of Business degree from Edith Cowan University in Australia, alongside being a Chartered Professional Accountant. Additionally, he is affiliated with the Australian Institute of Company Directors and has completed the CFO Leadership Program at Harvard Business School, further solidifying his high-level expertise.

Introducing Rick Eng

Another notable addition, Rick Eng, comes with nearly 30 years of valuable experience in investment banking, private equity, and consultancy. His career has predominantly focused on mergers and acquisitions, capital markets, and strategic business planning which he adeptly managed during his tenure at Brookfield Asset Management. Over 17 years, he rose through the ranks to become a Managing Partner in the Infrastructure Group, leading pivotal new investments and overseeing important strategic growth initiatives within portfolio companies.

Further Accomplishments

Mr. Eng previously acted as the Chief Investment Officer, responsible for the global underwriting of Brookfield’s Transport investments, showcasing his extensive expertise in investment strategies. Prior to his move to the Infrastructure Group in 2015, he played a senior role within the firm's private equity division, which included serving as Chief Financial Officer at Ainsworth Lumber Co. until its merger. A proud holder of a B.A. in Economics and History from Queen’s University, he is also a Chartered Professional Accountant.

About Stantec and Its Vision

Stantec has firmly established itself as a leader in sustainable architecture, engineering, and environmental consulting. The company's mission extends beyond business; it aims to empower clients, people, and communities to confront the world’s most pressing challenges. This alignment of expertise and innovation underscores their commitment to managing aging infrastructure, adapting to demographic shifts, and facilitating energy transitions.

In an era where communities span the globe, Stantec emphasizes the importance of inclusivity in their work, recognizing everyone with a stake in their projects—from clients to community members. Their approach blends diverse perspectives with a commitment to tackling critical issues such as climate change and digital transformation, ensuring future-proof solutions for urban planning and infrastructure development.

The Stantec Mission

At the heart of Stantec's operations is a multidisciplinary team of designers, engineers, scientists, and project managers dedicated to advancing communities. They strive to redefine possibilities through innovative collaborations and strategic advisory. Stantec trades on both the TSX and NYSE under the symbol STN, representing a brand committed to excellence and forward-thinking initiatives.

Frequently Asked Questions

What new roles have been filled at Stantec?

Christopher Lopez and Rick Eng have been appointed to the Board of Directors.

When will the new board members officially start?

Their appointments will take effect on January 1, 2025.

What industries do the new appointments represent?

Lopez and Eng bring experience from the utility, power generation, investment banking, and private equity sectors.

How does Stantec address community challenges?

Stantec empowers communities via sustainable architecture and innovative solutions tailored to their specific needs.

What is Stantec's stock ticker?

Stantec trades under the stock ticker STN on both the TSX and NYSE.

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