Source: Just Energy
  • Just Energy Group (JE.H) has announced that CEO Scott Gahn has taken an immediate leave of absence
  • According to the company, Ghan took a leave of absence on health grounds
  • To bridge the vacuum, the Just Energy Board of Directors has appointed Michael Carter, the company’s Chief Financial Officer, as interim President and Chief Executive Officer
  • Just Energy Group Inc. is a retail energy provider specializing in electricity and natural gas commodities
  • Just Energy Group Inc. was unchanged at $0.025 at 11:29 AM ET

Just Energy Group (JE.H) has announced that CEO Scott Gahn has taken an immediate leave of absence.

According to the company, Ghan took a leave of absence on health grounds.

To bridge the vacuum, the Just Energy Board of Directors has appointed Michael Carter, the company’s Chief Financial Officer, as interim President and Chief Executive Officer, effective immediately.

“Our thoughts are with Scott and his family during this difficult time, and on behalf of the entire Just Energy team, we wish Scott the very best,” noted Michael Carter, CFO and Interim President and Chief Executive Officer.

As a member of the leadership team since 2020, Carter is deeply involved in the operations of Just Energy.

The Board of Just Energy believes that with the support of the other members of the executive management team, Carter is well-positioned to lead the company out of its restructuring phase upon the close of the previously-announced transaction under the Companies’ Creditors Arrangement Act (Canada).

Just Energy Group Inc. is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions, carbon offsets and renewable energy options to customers.

Just Energy Group Inc. was unchanged at $0.025 at 11:29 AM ET.


More From The Market Online
E3 Lithium - E3 Lithium field pilot plant on August 28, 2023.

Canadian lithium and oil companies advance collaboration agreement

E3 Lithium (TSXV:ETL) updates its agreement with Imperial Oil (TSX:IMO) to advance lithium extraction in Alberta.
Pampa Metals - Drill core from Pampa Metals' 3rd drill hole at the Piuquenes copper and gold project in Argentina.

Three small-cap stocks to supercharge your commodity exposure

Commodity investors could reap outsized returns by buying into small-cap natural gas, uranium and copper stocks worthy of strong conviction.