The business of the Company is conducted by its employees, managers and officers, under the direction of the President and Chief Executive Officer (the "CEO") and the stewardship and supervision of the Board of Directors.

The mandate of Methanex's Board of Directors is to oversee and provide policy guidance on the business and affairs of the Company, which includes:

  • monitoring overall corporate performance
  • overseeing compensation and succession planning for, and performance of, executive officers, including the appointment and performance of the CEO
  • adopting a strategic planning process and approving, at least annually, a strategic plan that takes into account, among other things, the opportunities and risks of the business
  • evaluating the integrity of, and overseeing the implementation of, the Company's management information systems and internal controls and procedures
  • identifying and overseeing the implementation of systems to manage the principal risks of the Company's business
  • overseeing the implementation of appropriate disclosure controls, including a communication policy for the Company
  • developing the Company's approach to corporate governance
  • to the extent feasible, satisfying itself as to the integrity of the CEO and other executive officers and that the CEO and executive officers create a culture of integrity throughout the organization

The Board of Directors has adopted a set of Corporate Governance Principles (PDF) that creates a foundation for the goal-setting, effective decision-making and ethical actions that guides the Company and provides value to the shareholders.

The Board is led by the Chairman, Tom Hamilton, whose responsibilities are described in the Terms of Reference for the Chairman of the Board of Directors (PDF)

The responsibilities of directors are described in the Terms of Reference for Individual Directors (PDF).

Board of Directors

Bruce Aitken

Director since 2004

Bruce Aitken of Auckland, New Zealand was President and Chief Executive Officer of Methanex from May 2004 to December 2012. During his long career with the company he held numerous positions, including President and Chief Operating Officer and Senior Vice President, Asia Pacific (based in New Zealand). Mr. Aitken has a Bachelor of Commerce degree from the University of Auckland, New Zealand.

Doug Arnell

Director since 2016

Doug Arnell of West Vancouver, BC, Canada, is the President and Chief Executive Officer of Helm Energy Advisors Inc., a private company he founded in March 2015 that provides advisory services to the global energy sector. Prior to founding Helm Energy, from September 2010 to March 2015, Mr. Arnell was employed with Golar LNG Ltd. including as Chief Executive Officer from February 2011 to March 2015, a U.S. public company focused on owning and operating LNG midstream floating assets. Prior to joining Golar LNG, Mr. Arnell held various senior positions within the BG Group of companies from 2003 to 2010 and with other energy companies prior to that time. Mr. Arnell also serves on the board of Pembina Pipeline Corporation. Mr. Arnell has a Bachelor of Science Degree from the University of Calgary.

Howard Balloch

Director since 2004

Howard Balloch is a private investor resident in Hong Kong. From January 2011 to March 2013, he was Chairman of Canaccord Genuity Asia Limited, an investment banking firm specializing in China and international firms active in the Chinese market. From 2001 until 2011, he was President of The Balloch Group and from 1996 to 2001 he was the Canadian Ambassador to the People's Republic of China. Mr. Balloch also serves on the boards of Sinopec Canada and Maple Leaf Educational Systems. He holds a Bachelor of Arts (Honours) in Political Science and Economics and a masters degree in International Relations, both from McGill University.

Jim Bertram

Director since 2018

Jim Bertram of Calgary, Alberta, Canada, was Chief Executive Officer of Keyera Corporation from 1998 until his retirement in 2014.  Keyera is a publicly-traded, midstream oil and gas operator.  Prior to that, Mr. Bertram was Vice-President of Marketing for Gulf Canada Ltd. and Vice-President of Marketing for Amerada Hess Canada Ltd.

Mr. Bertram is Chair of the Board of Keyera Corporation and also serves as a director of Emera Inc.  Mr. Bertram holds a Bachelor of Commerce from the University of Calgary.

Phillip Cook

Director since 2006

Phil Cook, of Austin, Texas, USA, was Senior Advisor of The Dow Chemical Company from 2006 until his retirement in January 2007. Prior to that position he was Corporate Vice President, Strategic Development and New Ventures of Dow Chemical Company. Dow Chemicals provides chemical, plastic and agriculture products and services. Mr. Cook is a member of the Cockrell School of Engineering Advisory Board and the Environmental Sciences Institute Advisory Board, both of the University of Texas, Austin. Mr. Cook holds a Bachelor of Mechanical Engineering from the University of Texas, Austin and is a National Association of Corporate Directors Board Leadership Fellow.

John Floren

President and Chief Executive Officer
Director since 2013

As Methanex's President and Chief Executive Officer, John Floren has been with Methanex since 2000 and brings more than 30 years of diverse international management experience in the chemicals industry. Before assuming his current role as President and CEO, Mr. Floren held a variety of positions with Methanex, including Senior Vice-President, Global Marketing and Logistics. He also serves on the board of West Fraser Timber Co. Ltd. Mr. Floren earned his Bachelor of Arts in Economics from the University of Manitoba in 1987. He also attended Harvard Business School’s Program for Management Development in 1998 as well as the International Executive Program at INSEAD in 2002. In 2012, he completed the Directors Education Program at the Institute of Corporate Directors.

Biography (PDF)

Thomas Hamilton

Chairman
Director since 2007

Tom Hamilton of Houston, Texas, USA, is Chairman of the Board of Methanex. He has been co-owner of Medora Investments, a private investment firm, since April 2003. He was Chairman, President and Chief Executive Officer of EEX Corporation from January 1997 until his retirement in November 2002. Mr. Hamilton holds a Master of Science and a PhD in geology from the University of North Dakota. He also has a Bachelor of Science in geology from Capital University, Columbus, Ohio. Biography (PDF)

Maureen Howe

Director since 2018

Maureen Howe of Vancouver, BC, Canada, was formerly a Managing Director at RBC Capital Markets in equity research and was regularly a top ranked analyst in Canada by independent industry surveys. Ms. Howe specialized in the area of energy infrastructure, which included power generation, transmission and distribution, oil and gas transmission and distribution, gas processing, and alternative energy. Prior to joining RBC Capital Markets, Ms. Howe held finance positions in the utility industry, investment banking and portfolio management.

Ms. Howe is a director of Pembina Pipeline Corporation, Chair of the Audit Committee at TimberWest Forest Corp., a private timber company, Chairperson of the University of British Columbia Phillips, Hager & North Centre for Financial Research, and is a director of the Canadian Securities Institute Research Foundation. Ms. Howe holds a Bachelor of Commerce (Honours) from the University of Manitoba and a Ph.D. in Finance from the University of British Columbia.

Robert Kostelnik

Director since 2008

Since February 2012, Bob Kostelnik of Fulshear, Texas, USA, has been a principal in Glenrock Recovery Partners, a company that facilitates the sale of non-fungible hydrocarbons in the US. He was President and CEO of Cinatra Clean Technologies, Inc. from 2008 to May 2011 and held the position of Vice President of Refining for CITGO Petroleum Corporation from July 2006 until his retirement in 2007. Mr. Kostelnik held a number of senior positions during his 16 years with CITGO. He serves on the boards of the Association of Chemical Industry of Texas and HollyFrontier Corporation. He attended the University of Missouri, where he earned a Bachelor of Science (Mechanical Engineering) and he is a Registered Professional Engineer.

Douglas Mahaffy

Director since 2006

Doug Mahaffy, of Toronto, Ontario, Canada, was Chairman of the Board of McLean Budden Limited, an investment management firm currently known as MFS Canada, until his retirement in March 2010. He also served as Chief Executive Officer of McLean Budden from October 1989 to February 2008. Mr. Mahaffy holds a Bachelor of Arts and a Master of Business Administration from York University.

Janice Rennie

Director since 2006

Janice Rennie, of Edmonton, Alberta, Canada, was Senior Vice President, Human Resources and Organizational Effectiveness for EPCOR Utilities Inc., an organization that built, owned and operated power plants. She also serves on the boards other large Canadian companies including Major Drilling Group International, West Fraser Timber Co. Ltd. and WestJet Airlines Limited. Ms. Rennie holds a Bachelor of Commerce from the University of Alberta and is a Fellow of the Canadian and Alberta Institutes of Chartered Accountants and of the Institute of Corporate Directors.

Margaret Walker

Director since 2015

Maggi Walker of Austin, Texas, USA has been the owner of MLRW Group, LLC since January 2011. MLRW Group is a consulting firm focusing on working with companies to improve capital investment outcomes and to improve overall safety performance. From 2004 until her retirement in December 2010, Ms. Walker was Vice President of Engineering and Technology for The Dow Chemical Company. Prior to this, she held other senior positions with Dow Chemical including Senior Leader in Manufacturing and Engineering and Business Director of Contract Manufacturing. Dow Chemical provides chemical, plastic and agricultural products and services.  Ms. Walker also serves on the board of Independent Project Analysis, Inc.  Ms. Walker holds a Bachelor of Chemical Engineering from Texas Tech University, located in Lubbock, Texas and is a National Association of Corporate Directors Board Leadership Fellow.

Benita Warmbold

Director since 2016

Benita Warmbold FCPA, FCA, of Toronto, Ontario, Canada, was Senior Managing Director & CFO of the Canada Pension Plan Investment Board from 2013 until her retirement in August 2017.  Prior to that she was the Senior Vice President and Chief Operations Officer from 2008 to 2013.  CPPIB is a professional investment management organization responsible for investing funds on behalf of the Canada Pension Plan.  Ms. Warmbold was the Managing Director and CFO for Northwater Capital Management Inc. from 1997 to 2008, and prior to that she held senior positions with Canada Development Investment Corporation and KPMG.

Ms. Warmbold also serves as a director of Scotiabank, SNC Lavalin, the Canadian Public Accountability Board, Queen’s University Board of Trustees and Women’s College Hospital.  Ms. Warmbold holds an Honours Bachelor of Commerce degree from Queen’s University, is a Fellow of the Institute of Chartered Accountants of Ontario and has been granted the ICD.D designation by the Institute of Corporate Directors.