Bruce Power and Korn/Ferry International Sign a Six-Year Contract Extension for Talent Management Services
TIVERTON, ONTARIO, Mar 03, 2011 (MARKETWIRE via COMTEX) --
Bruce Power is pleased to announce it has agreed to a six-year contract extension with Korn/Ferry International (NYSE: KFY) to provide talent management services including succession planning, leadership development, assessment, coaching and recruiting for executive and mid-management levels. This extension is based on a partnership and initial five-year contract announced in 2007.
"We originally forged an alliance with Korn/Ferry International to invest in our people because they are what matters most to our business," said Duncan Hawthorne, President and Chief Executive Officer, Bruce Power. "Four years later, we're very pleased with the progress we've made and optimistic about extending what has been a beneficial partnership."
The Korn/Ferry account team is led by Lewis Rusen, President North America for Korn/Ferry Leadership and Talent Consulting, and Laryssa Topolnytsky, Managing Principal, both based in Toronto. Korn/Ferry will continue to work closely with Bruce Power to strengthen the company's ongoing professional development programs to support Bruce Power's business strategy.
"This commitment comes at a pivotal time for the nuclear energy sector in Ontario, Canada and globally," said Rusen. "This six-year extension is a testament to the impact of our work with Bruce Power and the importance both companies place on talent management as a key lever for driving employee engagement, business results and future growth".
Ian McGinty, Bruce Power's Executive Vice President, Human Resources Group, said: "Our relationship continues to evolve with Korn/Ferry in ensuring we identify and continuously develop both existing and new talent for sustained operational success."
About Bruce Power
Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers' Union and The Society of Energy Professionals. Visit www.brucepower.com for more information.
About Korn/Ferry International
Korn/Ferry International, with a presence throughout the Americas, Asia Pacific, Europe, the Middle East and Africa, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to attract, deploy, develop and reward their talent. Visit www.kornferry.com for more information on the Korn/Ferry International family of companies, and www.kornferryinstitute.com for thought leadership intellectual property and research.
Mary Beth Barron
SOURCE: Bruce Power and Korn/Ferry International