Enerflex Ltd. Appoints Preet Dhindsa as Interim Chief Financial Officer

CALGARY, Alberta, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) ("Enerflex" or the "Company") today announced the appointment of Mr. Preet Dhindsa as Interim Chief Financial Officer ("CFO"), effective October 13, 2023. Enerflex has retained an executive search firm and will consider Mr. Dhindsa and other candidates as part of its process to identify the Company's next permanent CFO.

Mr. Dhindsa is a seasoned financial leader with more than 25 years of experience, primarily in the energy and financial services sectors. He most recently served as Executive Vice President and CFO at ENMAX Corporation, a regulated utility with energy generation and retail lines of business, where he was responsible for the finance and information technology organization across operations in both Canada and the United States. He previously served as CFO and Chief Administrative Officer at AMP Energy, a solar energy developer with a global footprint. Prior to that, Mr. Dhindsa was CFO, Global Banking & Markets at Scotiabank, where he managed a global finance team and critical regulatory relationships in Canada, the United States, Europe, and Asia-Pacific. Mr. Dhindsa began his career as an accountant at KPMG and Ernst & Young. He holds a Bachelor of Science degree in Mathematics and Statistics from Western University and a Graduate Diploma in Accounting from Wilfrid Laurier University. Mr. Dhindsa is a Chartered Accountant and Chartered Director.

"Preet has the right qualifications and experience to step into the role of Interim CFO, and we are excited to welcome him to Enerflex and benefit from his expertise at this important time for our company," said Marc Rossiter, Enerflex's President and Chief Executive Officer. "Preet brings a proven track record of leading large, international finance organizations, including through post-merger integration activities. He brings deep knowledge of the energy industry, capital markets, and investor relations to Enerflex's already strong finance organization. I am confident that Preet's experience leading diverse, complex, multi-national businesses, coupled with his financial acumen and accounting expertise, will serve Enerflex well and accelerate our efforts to unlock the value of the Exterran acquisition."