Newalta Corp. (TSX:NAL) has appointed Linda Dietsche as executive vice president and CFO, effective January 1, 2017. Dietsche, currently vice president, finance, will succeed Mike Borys, who has intended to take some personal time since returning to the company from a brief health leave in February 2014. Borys is leaving the company at the end of December and will then be available to support the transition as needed in 2017.
Dietsche will oversee the full range of Newalta's financial functions including accounting, financial reporting, financial planning and analysis, treasury, tax, risk management, financings, investor relations and information technology. She joined Newalta as assistant controller in 2003 and has held progressively responsible roles, becoming vice president, finance in 2012. Dietsche has extensive finance experience, including leadership in the areas of debt holder and banking relations, credit facility renewals and debenture financings. Prior to Newalta, she held senior accounting roles with Mount Royal University and Ogilvy and Mather. She has a Certified Management Accountant designation and a Masters in Business Administration from Royal Roads University.
Newalta is a provider of engineered environmental solutions aimed to help customers to reduce disposal, enhance recycling and recover resources from oil and gas exploration and production waste streams.