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MAY 2017 in this issue ... Pennecon says THE DIFFERENCE goodbye to Founder A PENNEY CAN MAKE and Co-Chairman, SPOTLIGHT ON: SUBSTATION Mr. Ches Penney AND TRANSFORMER WORK EMPLOYEES GET KUDOS FOR ENVIRONMENTAL ACTION CONTINUED FROM COVER WE WILL NEVER FORGET THE DIFFERENCE A PENNEY CAN MAKE A Message from the Executive Chairman On January 26th, 2017, we said goodbye to Pennecon’s Founder and Co-Chairman, Ches Penney, who passed away peacefully at the age of 84, surrounded by his loving family. He lived a long and full life, and we are thankful to have had the opportunity to work with him, learn from him, and laugh with him. The Skipper, as many of us affectionately called him, was a visionary leader known for his transparency, his grit, his charity, and his humility. He has been recognized on a personal level for his business success and philanthropy. His commitment to the people and the province of Newfoundland and Labrador will be felt for generations. Ches credited his success to his partners and employees. He often illustrated his wisdom on succession planning by saying, “I set up my businesses so that when I’m gone, it will make no difference.” Of course, we all know it makes a great deal of difference. Indeed I, like so many of the people who worked with him, will deeply miss his passion, his antics and his presence. However, I can agree with confidence that Pennecon will continue to grow and thrive – and that is, in part, because of Ches’s knack for selecting capable, hardworking people and empowering them to succeed. So here’s to Ches! A great businessman, partner, community builder, and friend. Let’s commit to honouring the Skipper’s legacy by continuing the work he was so passionate about, while staying true to the values he held dear: hard work, honesty and integrity. Sincerely, Larry Puddister, P.Eng Executive Chairman, Pennecon Limited 2 CHES PENNEY Ches was born in 1932 Ches and his wife, Iris, lived in CBS, and enjoyed spending time yachting at 01 in Carbonear, the eldest 03 their summer home in Brigus. He had 9 children, 1 stepchild, 17 grandchildren, of 12 children and 1 great grandchild. 2017 1932 Over the course of his career, his business portfolio has included He began work as a bank teller in Grand Falls, shares and investments in a wide array of ventures: Grocery and in 1955, became the Bank of Commerce 02 04 + Automobiles + Real Estate + Construction + Oil&Gas + Bowling (now CIBC)’s youngest bank manager + Fishing and Processing + Marine Transportation + Shipping “As a Dad, he encouraged “They say the secret to “It would be hard to find someone “I think he’ll go down us to be strong, he was very success is finding a good in Newfoundland and Labrador who in history as one of the transparent, honest, he spoke mentor. We have been very hasn’t heard Ches Penney’s name, greatest contributors his mind, and he expected blessed to have had the but it would be impossible to find to the success of our us to do the same, to take opportunity to work with Ches. someone who hasn’t been impacted province that we’ve responsibility for our actions, He was always willing to share by his enormous contribution to ever seen.” to live honestly, and to his experiences in life to our province. The economic activity, – MARTIN SULLIVAN respect those who were less help guide us to be the very infrastructure, employment and FORMER BUSINESS PARTNER AND CEO OF OCEAN CHOICE INTERNATIONAL fortunate than us.” best that we could be.” wealth he has generated through bold – GAIL PENNEY – DAVID MITCHELL ambition and unflinching determination DAUGHTER AND PRESIDENT CHIEF EXECUTIVE OFFICER have benefited all of us.” OF PENNEY GROUP PENNECON LIMITED – PAUL DAVIS FRIEND AND FORMER PREMIER NEWFOUNDLAND AND LABRADOR NOTABLE COMMUNITY AWARDS AND RECOGNITIONS SPONSORSHIPS • Order of Canada • Order of Newfoundland and Labrador • Honourary doctorate from Memorial University of Newfoundland • Junior Achievement Newfoundland and Labrador Business Hall of Fame • EY Lifetime Achievement Award • Paul Harris fellow with Rotary International • Canadian Red Cross Humanitarian Award You have to trust and empower the people you share your business life with. That means your partners, colleagues and employees. It all comes down to talent and trust. You need both. On top of that, you need drive and work ethic. Hard work is how we survive. Trust your gut. Gather the facts, but trust your instincts and act on them. Hire the right people and empower them. A good deal is a deal that works for both sides. – CHES PENNEY 3 TECH TALK WHAT’S What is Spam? by Wayne Brushett, GOING ON AT Information Technology Manager PENNECON? Spam email is designed to deliver a virus or trojan, harvest address books and personal information, or hijack your computer. A sample of current projects from our group of companies • It is estimated that 55 billion spam emails are sent each day worldwide. • Pennecon’s spam filters are blocking an average of32,000 HEAVY CIVIL spam messages per day. • Construction of the north and south dams for Nalcor Even with advanced technology, the spam epidemic is costing Energy’s Muskrat Falls hydroelectric generating facility in organizations considerable time, money, and resources. The Churchill Falls, Labrador following tips and tricks will help protect Pennecon’s network. • Site works and wind farm construction for Algonquin Power’s Wind Energy Project in Amherst Island, Ontario Be cautious when opening attachments and • Rehabilitation of Manitoba Hydro’s Slave Falls Creek Spillway, downloading files. If you weren’t expecting an email with an located next to the Slave Falls Generating Station on the attachment or download link, proceed with caution. If you don’t Winnipeg River in Manitoba recognize the sender, it’s likely spam. Beware of email spoofing. Email spoofing is the forgery of an email header so that the message appears to have originated SERVICES from someone you know. Email spoofing is a tactic used by spammers to get recipients to open or respond to a solicitation. • Ongoing maintenance services at Vale’s Nickel Processing One example involves spoofing emails from the CEO, CFO or Facility in Long Harbour, Newfoundland and Labrador manager of a company and requesting that wire transfers be • Ongoing hydraulic services for PSN Wood Group’s Hebron processed to a supplier or bank account. If you believe that a Project contract in Bull Arm, Newfoundland and Labrador wire transfer request is legitimate, verify the request by calling • Servicing, repair and storage of pole top transformers for the individual to confirm. ABB and Newfoundland Power in various municipalities across Newfoundland and Labrador Watch out for phishing scams. Phishing scams use • Marine services, including offloading transformers, for Nalcor fraudulent emails and fake websites, masquerading as legitimate Energy’s Muskrat Falls Project businesses to lure users into revealing personal, credit card, username and password information. If you receive an email that includes a link to a website, make certain that the site is legitimate. Instead of clicking through to the website from within CONSTRUCTION AND FABRICATION the email, open a separate web browser and visit the business website directly to perform the necessary actions. You can also • Industrial services for GE Solutions’ Soldiers Pond contract verify the email by calling the business or agency. (converter station, switchyard and condenser facility) in Newfoundland and Labrador Do not reply to spam email. If you don’t recognize the • Hook-up and spool support for Aker Solutions’ Hebron Project sender, don’t respond. Even replying to unsubscribe to spam mail contract in Bull Arm, Newfoundland and Labrador could set you up for more spam. • Labour support and equipment rental for Fagioli’s Hebron Project contract in Bull Arm, Newfoundland and Labrador If you are unsure of the validity of an email or have questions, contact the Information Technology Department at 709-782-5730 or email [email protected] 4 Employee Profile How long have you worked with Pennecon and what positions have you held? I have been the QHSES Advisor with Pennecon Energy Marine Base (PEMB) since July 2012, and in November 2014 took on the same role at Pennecon Energy Grand Banks Warehousing. EMPLOYEE What’s your fondest memory or most memorable moment with Pennecon? MEGAN Upshall In November 2012, I was asked to attend a risk assessment meeting in Breda, Netherlands for the Tideway Rock Placement Project. It’s been QHSES Advisor, Pennecon Energy Marine Base (PEMB) my only trip to Europe and I’m grateful to have had the opportunity to visit another country. What do you like most about working at Pennecon? I like that hard work is recognized and appreciated. A ‘thank you’ or What inspires you? ‘good job’ goes along way, and you get that here. My 3-year-old son inspires me. He inspires me to live a healthy and outgoing life and to always better myself in my career. What do you think is the most important value of any organization? As a child, what did you want to be when you Respect. Treat people with courtesy and kindness. Encourage and listen grew up? to your coworkers and employees. A Police Officer. CHANGES AT MARINE BASE AND GRAND BANKS WAREHOUSING by Paul Stanley, Vice President, Services Please join us in extending best wishes to Dave Elliott, who is retiring from his role as General Manager of Pennecon Energy Marine Base (PEMB) & Grand Banks Warehousing (PEGBW). Over the past 30 years, Dave has been a prime contributor to Pennecon’s growth and success, with his strong entrepreneurial spirit and great passion for getting the job done.