Parallel Energy Trust Confirms April Distribution, Payable on May 23, 2013; Announces Change to Board of Directors
The Trust also announced the resignation of Dennis Feuchuk from its Board of Directors and the appointment of Philip 'Phil' Scherman, FCA as a replacement on the Board for Mr. Feuchuk. Mr. Scherman is a recently retired partner of KPMG LLP and has over 40 years of audit and accounting experience in the oil and gas industry. Mr. Scherman served on the KPMG Canada board of directors for six years and was chair of the compensation committee.