Corporate governance

As stated in its charter, the Corporate Governance and Nominating Committee purpose is to identify and recommend individuals to the Board for nomination as members of the Board and its committees consistent with criteria approved by the Board, make recommendations to the Board regarding Board practices and corporate governance and develop and recommend to the Board a set of corporate governance principles applicable to the Corporation. The Committee currently consists of three members and meets approximately two times per year. To lean more about Salida's Corporate Governance - click here.

Our Board is slated to consists currently of four founding members. There are currently eight regular meetings per year. Directors meet privately after each regularly scheduled Board meeting, with the Chairman of the Corporate Governance and Nominating Committee presiding. The Board had adopted a set of Corporate Governance Guidelines to address a number of issues relating to the functions of the Board of Directors.

Board of directors

Cameron MacDonald, Chief Executive Officer & Director

  • Founder, President  & CEO of Macam Group of Companies, founded in 2002 specializing in Merchant/Investment Banking, Research & Trading,  Capital Market Advisory to TSX & TSX-V companies spanning across North America, South America, the Middle East and North Africa
  • Previous, Director, BCT Structures – Sold in 2012 to Clean Harbors Industry Services Canada Inc.
  • Chairman i4Media Corporation, a private technology & new-media investment holding company, including


Steve Vannatta, B.Comm., CFA, Independant Director

  • Currently Portfolio Manager for the Redwood Floating Rate Preferred Fund, and Redwood Diversified Equity Fund. Redwood is a wholly owned subsidiary of Purpose Investments 
  • Previous,  Energy/Resource Portfolio Manager at Aston Hill Financial - $7bn AUM mutual fund manager based out of Toronto
  • Previous, Manage the Aston Hill Global Resource and Infrastructure Fund, Long/Short, Equity & Fixed Income, North American Bias. Performance since inception: top decile vs Canadian peers Performance since inception: +1691bps vs TSX Capped Energy & +2298bps vs TSX Capped Materials Manage the energy and resources book ($500mm - equity & fixed income) across the suite of products offered at Aston Hill Financial
  • Previous Associate Portfolio Manager at GE Capital Markets
  • Current Director of New Wave Energy Services

Warren Brown, B.Comm., CFA, CPA, CMA, Independent Director

  • Co-founder, Vice President Finance and CFO of White Owl Energy Services Inc.
  • Served in increasingly senior financial and accounting roles over the past 17 years
  • Previously held executive roles in investment banking last eight years in the oil and gas sector
  • Served as a research analyst at a Calgary based oil and gas investment firm from 2004 to 2006
  •  He has been involved in financial reporting, financial modeling, audit, corporate strategies, commodity market analysis,
    enterprise software, and capital markets transactions


Brian Skinner, P.Geo, Independent Director

  • Over 40 years experience
  • Texaco Exploration Ltd. (1969 – 1972)
  • Petromer Trend Corporation (1973 – 1976)
  • Dorchester Gas Corporation (1976 – 1979)
  • Tiber Energy Corporation (founder 1979 – 1989) 
  • Lasmo Canada Ltd. (1990 – 1992)
  • Kacee Exploration Ltd. (founder 1992 – 1999)
  • AltaQuest Resources Ltd./Atlas Energy Ltd. (2000 – 2002) 
  • Celtic Exploration Ltd. (2002 to 2007); First employee retained at Celtic Exploration Ltd. - sold in 2013 to ExxonMobil $2.6B
  • Founder of Tiber which grew to 1,200 BOE/d prior to corporate sale in 1989
  • Past Chairman of CODA (Calgary Olympic Development Association – 1995 – 2004)