Pinnacle Renewable Energy has appointed Duncan Davies as CEO, effective 1 November, replacing Rob McCurdy. Davies will continue to serve on the company's board of directors, which he joined in April.
From 2000 to 2019, Davies served as the president and CEO of Interfor Corporation, a growth-oriented, publicly-traded forest products company with operations in Canada and the US. In that role, Davies led the transformation of Interfor from a small regional producer, located primarily on the British Columbia coast, into one of the largest lumber companies in the world.
Greg Baylin, chair of the company's board of directors, said: "Duncan (Davies) is an accomplished leader with extensive industry knowledge and the experience necessary to drive Pinnacle's growth and profitability in the years ahead.
"He has worked actively with Rob McCurdy and our management team since joining the board this spring and has already made a significant contribution to our company.
"On behalf of Pinnacle's board, I would like to welcome Davies to his new role. I would also like to thank McCurdy for his significant impact on the growth and development of the business during his Pinnacle career."
"I'd like to thank Greg Baylin and the Pinnacle board for this opportunity," said Davies. "I have known the company for many years and have long admired their sense of ambition and entrepreneurship. I am excited by the opportunity to lead a company of Pinnacle's stature in the next stage of its development and look forward to helping build significant and sustainable value for its shareholders, customers, employees, and the communities in which it operates."