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Shaun Toivanen, CFA, CPA, ICD.D
Executive Vice President and Chief Financial Officer
Mr. Toivanen is the Executive Vice President and Chief Financial Officer of TriSummit Utilities. In this role, he oversees TriSummit’s Finance organization, including corporate finance and capital markets activities, treasury, financial reporting, financial planning and analysis, accounting, and tax. Mr. Toivanen joined in 2018, after he helped to lead the Initial Public Offering (IPO) of the company, under its previously name of AltaGas Canada Inc. (ACI).
In his career, Mr. Toivanen has led and executed over $12 billion in capital markets financings. He has also directly worked on over $14 billion in completed M&A transactions within the asset classes of energy utilities, power generation infrastructure, and midstream infrastructure.
From 2017 to 2018, Mr. Toivanen served as AltaGas Ltd.’s Vice President and Controller, responsible for overseeing the accounting operations of AltaGas Ltd., including the delivery of comprehensive financial reporting, and ensuring a strong system of internal controls. From 2011 to 2017, Mr. Toivanen served as the Vice President and Treasurer of AltaGas Ltd., responsible for directing corporate finance and capital markets activities, such as debt and equity offerings, mergers and acquisitions related financing, cash management and risk management. During his tenure, Mr. Toivanen was also responsible at times for AltaGas Ltd.’s budget and planning, investor relations, commodity risk management and credit management functions. Mr. Toivanen also served in positions of increasing responsibility within the Corporate Development team.
Mr. Toivanen currently serves on the Boards of Inuvik Gas Ltd., Ikhil Joint Venture, and Alaska Storage Holding Company.
Mr. Toivanen holds a Bachelor of Management (Great Distinction) from the University of Lethbridge. He is a Chartered Financial Analyst (CFA) and a Chartered Professional Accountant (CPA). Mr. Toivanen also holds an ICD.D designation from the Institute of Corporate Directors.
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