CALGARY, ALBERTA--(Marketwire - Sept. 18, 2008) - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced Hal Kvisle, TransCanada president and chief executive officer, has been awarded the prestigious Canada's Outstanding CEO of the Year(TM) Award for 2008.
"Canada's Outstanding CEO of the Year(TM) Award is a very significant achievement and important recognition for Hal Kvisle and TransCanada," said Barry Jackson, chairman of TransCanada's Board of Directors. "As TransCanada's CEO, Hal has consistently delivered significant value to our shareholders and provided exceptional service to customers and the communities in which we operate. His expertise is sought out by industry leaders, regulators and all levels of government throughout North America.
"I have had the pleasure of working with many exceptional people throughout my career. As an astute decision maker with the highest integrity, strong vision and leadership and an incredible knowledge of the business and industry, Hal is among the very best," Jackson concluded.
Founded in 1990 by The Caldwell Partners, Canada's Outstanding CEO of the Year(TM) Award program identifies and provides recognition for outstanding leadership and achievement by a Canadian Chief Executive Officer including a clear demonstration of vision and leadership; corporate performance; global competitiveness; innovative business achievements and social responsibility.
Hal Kvisle has been president and chief executive officer of TransCanada since May 2001. He joined TransCanada in 1999 as executive vice-president, Trading and Business Development with responsibility for power and pipeline ventures in North America. He was also responsible for TransCanada's marketing and trading activities in power and natural gas.
Sponsored by The Caldwell Partners, The National Post, CTV and Deloitte, Canada's Outstanding CEO of the Year(TM) Award provides recognition for outstanding leadership and achievement by a Canadian Chief Executive Officer. The Award has been presented to distinguished Canadian chief executive officers, from a broad range of industries, since its inception in 1990. For more information on Canada's Outstanding CEO of the Year(TM) Award, please visit www.ceoaward-canada.org.
With more than 50 years' experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas pipelines, power generation, gas storage facilities, and projects related to oil pipelines and LNG facilities. TransCanada's network of wholly owned pipelines extends more than 59,000 kilometres (36,500 miles), tapping into virtually all major gas supply basins in North America.
