Board of Directors

CMC’s Board of Directors provide visionary leadership and guidance.

Martin Davies

Managing Partner, Corporate Capital Solutions

Martin Davies is the CMC Interim Board chair and is a Managing Director of Corporate Capital Solutions – a Calgary-based partnership providing non-traditional debt financing to organizations. Davies is also Managing Director with Brickburn Asset Management Inc. Prior to joining Brickburn in 2004, Davies was a Senior Partner, Institutional Sales with Peters & Co. Limited for 22 years and specialized in Canadian capital markets; specifically oil and natural gas exploration and production, midstream, and oilfield service industries. Davies has served 12 years at the Investment Industry Regulatory Organization of Canada (IIROC) as a judicial panel member. From 1997 to 2004, he served as a member and Chairman (2002-2004) of the Alberta District Council of the Investment Dealers Association (IIROC processor). Davies holds a BA (Honours) in Economics from the University of Calgary and is a Fellow of the Canadian Securities Institute.

Shana Boyd

Vice President, Energy Transition for Heartland Generation

Shana Boyd is the Vice President, Energy Transition for Heartland Generation, where she is responsible for developing decarbonization strategies and advancing low-carbon energy opportunities including hydrogen, carbon capture and storage, and renewables in the power industry.  Shana has more than 25 years of experience in the energy industry in engineering, operational and executive roles, and has worked in both upstream and midstream companies within the oil and gas industry. She has experience in asset development strategy, organizational change and project management.

Shana holds a Bachelor of Mechanical Engineering from McGill University and is a registered Professional Engineer with APEGA.

Lisa Doig

Chief Commercial Officer, Cariboo Clean Fuels

Lisa Doig is currently the Chief Commercial Officer with Cariboo Clean Fuels and works to develop clean fuel projects across Western Canada.  She is also the founder and managing director of O’Doig Consulting, through which she works with companies to develop and commercialize clean energy technologies as well as worked on a number of CCUS projects within Alberta and globally.

Lisa is active with a number of non-profit boards and technical associations. She is a board member with the Alberta Management Recycling Authority.  She was recently the President and Board Chair of the Association of Professional Engineers and Geoscientists (APEGA) and is a Director with Engineers Canada.

Lisa is a licensed professional engineer in Alberta. She rounds out her technical experience with a Masters of Business Administration from the Ivey School of Business.

Lisa brings her passion for innovation, knowledge of industry and governance experience to the Board.

Ian Gates

Professor, Department of Chemical and Petroleum Engineering, University of Calgary

Ian Gates is Professor in Department of Chemical and Petroleum Engineering and Director of the University of Calgary’s CFREF $75 million sustainable low-carbon unconventional resources program. He worked for seven years in industry prior to joining the university in 2004. His research spans heavy oil and oil sands technology, hydrogen, methane, and material science of energy systems. Ian has also been entrepreneurial having been a co-founder of several companies including Gushor (sold to Schlumberger 2013), Proton Technologies (hydrogen from heavy oil), Solideum (solid bitumen), and several consulting companies.

Nishka Gupta

Vice President, ARC Financial Corp.

Nishka Gupta is a Vice President at ARC Financial Corp., Canada’s largest energy-focused private equity firm. Her responsibilities include deal evaluation, structuring, and execution as well as portfolio management. Nishka represents ARC as observer or director on the boards of a few ARC portfolio companies and works with them on company corporate strategy, risk management, and financial matters.

Nishka is a Professional Engineer and has prior experience as a field operations engineer at a major multinational energy company. She has a Bachelor of Arts in Business Administration from the Ivey Business School and a Bachelor of Science in Engineering from the Faculty of Applied Science at Western University.

Darlene Halwas

Chartered Financial Analyst, Canada Development Investment Corporation

Darlene Halwas currently serves on the boards of Canada Development Investment Corporation, the Commission for Complaints for Telecom-television Services, and Alberta WaterPortal Society. She has almost 30 years of work experience, with 15 years focused on leading risk management functions for companies. In the past, she has served on a number of boards, including the Safety Codes Council, Aquatera Utilities Inc, CKUA Radio Foundation, the Management Employees Pension Board and the Calgary Police Commission.

Darlene holds a Bachelor of Commerce (Hons.) from the University of Manitoba, and the Chartered Financial Analyst (CFA), Financial Risk Manager (FRM) and Institute of Corporate Directors (ICD.D) designations as well as certification in tribunal administrative justice. Since 1995, she has been an active volunteer with the CFA Institute, and she completed a four-year term on the global Disciplinary Review Committee. She was awarded the Queen Elizabeth II Diamond Jubilee Medal for her contributions to Canada. She is a member of Diversity 50, and was awarded an Exemplar from the Director and Chief Risk Officers Group in 2019.

Dr. John Loughhead

John Loughead served as Chief Scientific Adviser to UK Government Departments from 2014 to 2020, firstly for Energy & Climate Change and subsequently for Business Energy & Industrial Strategy. In these roles he was responsible for assuring the quality and completeness of technical and scientific evidence, underpinning policy development and advising Ministers on technical issues. He was previously Executive Director of the UK Energy Research Centre. Until 2004 he was Vice-President Technology & Intellectual Property for the Alstom group, based in its Paris head office, following various research positions in its predecessor companies GEC and GEC ALSTHOM.  He is a graduate in Mechanical Engineering from Imperial College, London where he also spent five years in computational fluid dynamics research. His professional career in industrial research and development included work on advanced, high power industrial gas turbines, new energy conversion systems, spacecraft thermal management, electrical and materials development for electricity generation and transmission equipment, and electronic control systems. He also led activities on fuel cell development and superconducting devices and is recognized as an expert in energy systems and technologies. 

For many years he has been extensively involved in national and European public sector technology programmes, as a member of various advisory committees and chair of policy reviews in future power systems. He was a member of the UK Engineering & Physical Sciences Research Council and Chair of its User Panel, Non-executive Director of the MoD Technology Board, and is Assessor for UK Government and European Union technology support programmes. 

John is the Professor of Clean Energy at University of Birmingham, Chair of the Investment Committee of Low Carbon Innovation Fund, Governing Council member at the University of York, GE Vernova Pension Trust Board member, Adviser to the Parliamentary Science & Technology Committee, a Fellow of the Royal Academy of Engineering, the Australian Academy of Technological Sciences and Engineering, the Chinese Academy of Engineering and of the Chinese Society of Electrical Engineers. He is Past-President of the UK Institution of Engineering & Technology, Fellow of the Institution of Mechanical Engineers, the City & Guilds of London Institute and of the Royal Society of Arts, and Freeman of the City of London. 

David Petiteville

Director, RBC Investor Services

David Petiteville is a director at RBC Investor Services (RBCIS) in Toronto, a Royal Bank of Canada business area specializing in investor and market services for asset managers and asset owners. David leads the global custody product and is head of the regulatory solutions department. David also led the RBCIS task force on ESG. Before joining RBC in 2006, David was a consultant at PriceWaterhouseCoopers in Luxembourg for 11 years, where he advised companies from all sectors and industries in their digital strategies, business intelligence and data warehousing approaches, risk management framework and strategy, and their regulatory obligations and corporate governance requirements.

David has a Bachelor’s in Mathematics, a Master’s degree in Applied Mathematics and a Master’s degree in Discrete Mathematics from the University of Louis Pasteur (Strasbourg, FR). David also has a Master’s degree in Science in Management from Louvain School of Management (Louvain, BE) and a Level 7 Non-Executive Director Diploma from Pearson Business School (London, UK). David has been participating in non-profit boards over the past ten years and sitting on the advisory board of CommuniHelp, a Toronto startup.

Carmelina Riccio

Senator, University of Calgary 

Carmelina Riccio has worked in the oil and gas industry for Shell for over three decades in a variety of senior Finance leadership roles across Upstream, Downstream and Corporate. For the last twenty years her focus has been on over $100 billion of capital investments in Heavy Oil, Liquefied Natural Gas (LNG) and Shales. She was on the negotiating team that resulted in the award of major government funding to Canada’s first carbon capture and sequestration project, Quest. In addition, Carmelina was on the Decision Review Board that oversaw the development, construction and successful start-up of Quest. Another project highlight was being on the front end development team that helped LNG Canada reach final investment decision, the largest capital project in Canada’s history.

Carmelina has held global roles managing teams across multiple countries and was most recently based in The Hague (2017-20) leading various initiatives for Shell’s global capital projects. Carmelina has a B Comm degree and CPA and ICD.D designations. She has served on a number of Boards and is currently a Senator at the University of Calgary.