Pembina: Pembina Announces Appointment of Cameron Goldade as Chief Financial Officer and Discloses Board Chair Succession Planning

Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL) (NYSE: PBA) today announced that it has named Cameron Goldade as the Company’s Chief Financial Officer. This appointment concludes the previously announced executive search process undertaken by the Company. Mr. Goldade was appointed the Company’s interim CFO in November 2021 and previously served as Vice President of Capital Markets.

“We are very pleased to announce that Cam Goldade has been appointed CFO of Pembina, following a rigorous search process. Over the past seven years, Cam has been a significant contributor to the success of our organization, including stepping up into the role of interim CFO, through his consistent focus on financial discipline, risk management and capital allocation. Along with the entire leadership team, I am excited to continue our work together, advancing Pembina’s position as a truly differentiated, integrated leader in the midstream space,” said Scott Burrows, Pembina’s President, and Chief Executive Officer.

As part of its ongoing Board succession planning, the Company also announced that Henry Sykes will be appointed as Board Chair effective January 1, 2023, replacing Randall Findlay who, as previously announced, intends to retire prior to the next annual meeting of shareholders and will not stand for re-election. Mr. Sykes joined the Pembina Board in 2017 and is currently the Chair of the Human Resources, Health and Compensation Committee and a member of the Audit Committee.

“On behalf of the Board and the Pembina leadership team I would like to thank Randy for all that he has contributed over the many years he has been with Pembina. During his tenure the Company has experienced significant growth and has become a leading corporation in our industry while maintaining the principles and values critical to our social contract with stakeholders. His leadership and guidance over the past sixteen years has been an important contributor to this progress and we acknowledge and appreciate all that he has done for the company and its people including his commitment to ensuring a smooth transition to Henry, who I am looking forward to working with in his new capacity in 2023,” said Mr. Burrows.

“The Canadian energy sector is one of the most exciting and innovative globally. Pembina has risen to meet its opportunities and challenges, and I am exceedingly pleased to have been involved through my role on the Board. It has been an incredible past year working with Scott through the transition but now with a dynamic and engaged Board and an energetic and experienced leadership team, there is no better time for me to look to transition the role of Chair to Henry. I am confident Henry’s knowledge and leadership will allow the Company to continue to be a leader in the sector and deliver value to its broad group of stakeholders,” said Randy Findlay, Chair of the Pembina Board of Directors.