Mike Rencheck, President and Chief Executive Officer, and James Scongack, Executive Vice-President, Corporate Affairs and Operational Services, are being honoured as Gold winners of the prestigious 2020 CEO World Awards.
The SVUS Awards®, organizers of the world’s premier business and innovation awards programs, announced September 1st the Grand, Gold, Silver and Bronze winners in the eighth annual CEO World Awards.
Rencheck is the Gold winner as the Executive of the Year in the Energy & Utilities category. As President and CEO, Rencheck has led Bruce Power through an extremely challenging 2020 in the face of the COVID-19 pandemic. Under Rencheck’s leadership, the company has continued to produce 30 per cent of Ontario’s electricity at 30 per cent less than the average cost to generate residential power, and continue its production of medical isotopes to support health care across Canada and internationally.
Bruce Power has been a corporate leader working with the Government of Ontario, public health officials in Bruce, Grey, Huron and Perth counties – along with local municipalities, organizations and businesses – to provide support during the pandemic through the purchase and procurement of personal protective equipment (PPE), funding for COVID-19 research, more than $500,000 in donations to food banks and several other initiatives.
“Being recognized by the CEO World Awards is a tremendous honour and one that I share with the employees and contractors whose work every day has allowed us to keep providing Ontarians with clean, reliable, low-cost electricity,” Rencheck said. “Our Safety First focus has played a significant role during COVID-19 not only in allowing us to continue producing electricity and medical isotopes, but in also realizing we have an obligation to help keep our communities safe.
“James has been instrumental in highlighting the leadership shown by both Bruce Power and the Canadian nuclear play in the production of medical isotopes, and I’m extremely pleased he’s also being honoured as a Gold winner.”
Scongack is receiving the Gold award for Executive Achievement of the Year in Energy & Utilities. He is being recognized for his work in spearheading the creation of the Canadian Nuclear Isotope Council – a diverse coalition within health care, energy and academia – and serving as its Chair. The CNIC has proactively communicated with government and companies in the nuclear energy industry to increase awareness around the critical need for medical isotopes which are used to sterilize medical equipment and in the diagnosis and treatment of cancer and other illness in health-care facilities here at home and around the world.
“On behalf of the CNIC, I accept this CEO World Awards honour with great pride because it shines a light on Canada’s place as a world leader in the production of medical isotopes that are advancing health care globally and also saving lives,” said Scongack. “More than ever, our doctors, nurses, diagnostic imaging staff and others in health care are relying on our commitment to produce existing isotopes and to be innovative in finding new ones.
“I’m very grateful to Mike for his strong advocacy around medical isotopes, and for the tremendous leadership he’s shown during the pandemic to keep our business on track while never forgetting we also have a commitment to keeping safe our workers, their families and the people in our communities.”
CEO World Awards celebrate the achievements of leaders, executives, and their management teams behind the year’s most outstanding initiatives and achievements. This annual awards program recognizes individuals and teams who set industry benchmarks for excellence. All organizations private or public, corporations, non-profits, associations, vendors and government organizations worldwide and from every industry are eligible to participate.
Judges from a broad spectrum of industry voices from around the world participated and their average scores and inputs determined the 2020 award winners. Winners will be celebrated and presented their awards during a virtual awards ceremony in November.
“The new normal is far from ordinary in the business world. It’s much tougher to lead in the current business environment,” said San Madan, Co-President at CEO World Awards. “Recognitions are especially meaningful now more than ever. And with the help of industry experts we are proud to recognize the achievements of individuals and teams from all over the world.”
About Bruce Power Formed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.