A senior executive, with more than 25 years of experience growing and directing public energy companies, with an emphasis on leading management, directors and stakeholders to maximize corporate opportunities and outcomes. Key strengths in building, financing, repairing/rebuilding, having sold numerous entities with complicated structures including high leverage bank debt, debentures and multi-agenda stakeholders. Exceptional public and capital markets experience based on extensive financial acumen, adaptive creativity, communication and problem solving skills. Demonstrated history of sound judgment, strong interpersonal skills, with a high standards of integrity and the commitment to lead and empower staff.
Mr. Penner was promoted to president in May 2012 after serving as Arcan’s chief financial officer and vice president of finance from 2006 to 2012. Mr Penner also served as vice president finance and chief financial officer of Tempest Energy Corp., and controller of Tier One Energy Corp. Mr. Penner received his Bachelor of Commerce from the University of Saskatchewan and articled with Ernst & Young. In addition to a Chartered Accountant designation he completed designations as a Chartered Financial Analyst and Certified Internal Auditor. Mr. Penner is currently a director of a private Oil and Gas company Carrick Petroleum Inc. and on the non-profit board of the Canadian Sport Institute.