Superior Plus Corp. names new CFO, board member

Superior Plus Corp. is making changes to its executive leadership team as it looks to evolve into a next-generation, low-carbon energy distribution company.

Grier Colter has been named CFO of the Toronto-based company. According to Superior Plus, he is an established public company CFO with an impressive history of overseeing companies during periods of change. He holds substantial financial expertise spanning various sectors, including financial services, mining, retail and real estate. Additionally, he brings deep experience in corporate finance and capital markets.

Grier’s background and previous accomplishments will be beneficial as Superior strives to create shareholder value via organic growth and operational excellence, the company says.

Before joining Superior, Grier served as the CFO at Lifeworks Inc. (formerly Morneau Shepell), following his tenure as CFO at ECN Capital.

In addition to Grier’s appointment, a new chief human resources officer will join the executive leadership team, the company says.

As a result of the changes, Beth Summers, executive vice president and CFO, has left the company. The board and management team extend their gratitude to Summers for her contributions and dedicated service to Superior.

“I am confident that these leadership changes will accelerate Superior into its next phase of growth. Our new executives’ leadership and experience align seamlessly with our commitment to creating long-term shareholder value and Superior’s unwavering dedication to being the North American leader in low-carbon energy distribution,” says CEO Allan MacDonald.

In other company news, Superior Plus Corp. appointed Jennifer Grigsby to its board of directors. She will serve as a member of the audit committee and the health, safety and environment committee of the board. The board now consists of 10 directors.

Grigsby is a professional accountant with more than 30 years of progressive senior management experience in accounting, treasury, risk management, corporate governance and corporate finance, primarily in the oil and gas exploration and production industry.

Superior is a North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing about 936,500 customer locations in the U.S. and Canada.

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