Catherine Gignac
Board Chair
62 | Independent
Mississauga, Ontario, Canada
Director since: 2014
Citizenship: Canadian
Key Skills and Experience
- Governance
- Risk governance
- Financial leadership, accounting and audit
- Investor relations
- Mining operations and exploration
Catherine’s extensive career as a mining equity research analyst and geologist, and experience in project value analysis and mergers and acquisitions, contribute to the skills of Cameco’s board. She serves as chair of Cameco’s board and is a member of all of the board committees.
Biography
As of March 11, 2024
Catherine Gignac is a corporate director. She has more than 30 years of experience in capital markets and the mining industry and has held senior positions as a mining equity research analyst with leading global brokerage firms and independent boutiques. She has extensive experience in project value and investment analysis, and spent her early working years as a geologist.
Catherine received a bachelor of science degree in geology (honours) from McMaster University. She is a member of the Institute of Corporate Directors, the Canadian Institute of Mining & Metallurgy, and the Prospectors and Developers Association of Canada (PDAC). She is a past chair of the board of Women in Mining Canada where she served from 2018 to 2021 and served as a member of the Canadian Securities Administrators’ mining technical advisory and monitoring committee (CSA MTAMC) until October 2020. She holds the ICD.D designation from the Institute of Corporate Directors.
Catherine served as chair of the nominating, corporate governance and risk committee from 2021 to 2024 and has served on the audit and finance committee and technical committee (formerly reserves oversight) for her entire tenure. She was chair of the technical committee from 2015 to 2021. She has served on the audit, compensation, nominating and sustainability committees of other public-company boards and she was the chair of the board of Corvus Gold Inc from 2014 to 2019.
Board and Committee Membership and Attendance
As of May 9, 2024
| 2023 Attendance | |||
|---|---|---|---|
| 2023 Voting Results | Board and Committee Membership | Number of Meetings | Overall |
| 50,873,795 votes (89.09%) for 6,230,218 votes (10.91%) against | Board chair* | 8 of 8 | 100% |
| Audit and finance | 5 of 5 | 100% | |
| Nominating, corporate governance and risk | 4 of 4 | 100% | |
| Technical | 3 of 3 | 100% | |
* As board chair since December 1, 2023, Catherine is a member of all committees. Her attendance at the committees listed above are for her committee service between January 1 and November 30, 2023.
Other Public Company Boards in the Past Five Years
| OceanaGold Corporation* (TSX) | 2019 to present | |
| Corvus Gold Inc. (TSX) | 2013 to 2019 |
*Catherine will be leaving the OceanaGold Corporation board of directors as of its upcoming 2024 annual general meeting.
Securities Held
As of December 31, 2023
| Year | Cameco Shares | DSUs | Total Shares and DSUs | Market Value of Shares and DSUs1 | Multiple of 2023 Annual Retainer (at market value) | Compliance with Share Ownership Guideline2 |
|---|---|---|---|---|---|---|
| 2023 | 20,000 | 37,045 | 57,045 | $ 3,258,999 | 8.7x | Yes |
| 2022 | 20,000 | 36,973 | 56,973 | $ 1,748,509 | ||
| Change | - | 72 | 72 | $ 1,510,490 |
1. Based on total holdings calculated using $57.13 for 2023 and $30.69 for 2022, the closing prices of Cameco shares on the last trading day of the year on the TSX.
2. For evaluating compliance with Cameco’s share ownership guidelines, Catherine’s shares and DSUs held at December 31, 2023 are valued at $3,259,319 and represent 8.7x the board chair retainer of $375,000.