Chair & CEO
Annette Verschuren is Chair and CEO of NRStor Inc., an energy storage development company. Formerly she was president of The Home Depot Canada and Asia, overseeing the growth of the company’s Canadian operations from 19 to 179 stores between 1996 and 2011. She also led The Home Depot’s entry into China.
Ms. Verschuren began her career as a development officer with the Cape Breton Development Corporation, a coal mining operation, in Sydney, Nova Scotia. She then worked with Canada Development Investment Corporation as executive vice-president, privatizing crown corporations, before joining Imasco Ltd., one of Canada’s largest holding companies in financial services, retail and food services, as vice-president, corporate development. Immediately prior to joining The Home Depot, Ms. Verschuren was president and co-owner of Michaels of Canada, a chain of arts and crafts stores, where she opened 17 stores in 26 months.
Ms. Verschuren is a board member of Liberty Mutual Insurance Group of Boston, Air Canada, Saputo and Canadian Natural Resources Limited. In addition, Ms. Verschuren is a board member of CAMH Foundation and the Rideau Hall Foundation. She previously served as vice chair of the Canadian Council of Chief Executives.
Verschuren sits on the federal government’s Science Technology and Innovation Council. She was previously on the Federal Government’s Venture Capital Action Plan.
In 2011, Ms Verschuren was honoured as an Officer of The Order of Canada for her contribution to the retail industry and Corporate Social Responsibility. In 2010, she was appointed co-chair of the 2012 Governor General’s Leadership Conference, Canada’s premier leadership training event.
A champion of community investment and volunteerism, Ms. Verschuren serves as Chancellor of Cape Breton University and chairs fundraising efforts for the University’s new Verschuren Centre for Sustainability in Energy & the Environment (VCSEE). She is a long-time supporter of numerous charities, including the Centre for Addiction and Mental Health, Rideau Hall Foundation and the MaRS Discovery District.
Ms. Verschuren holds honorary doctorate degrees from six universities including St. Francis Xavier University, where she also earned a Bachelor of Business Administration degree.
Annette Verschuren recently wrote a business book “Bet On Me”, leading and succeeding in business and in life, published by Harper Collins.
Ms. Verschuren and her husband, Stan, live in Toronto, Ontario. She returns frequently to her familial roots and long-time home in Cape Breton, Nova Scotia.