EFH Holdings has welcomed back Ken Coulson as its general counsel and corporate secretary.
A company release noted that Coulson rejoins EFH after a two-year hiatus. As a senior officer of the company, his compensation includes a grant of 42,000 Restricted Share Units (RSU), made pursuant to EFH’s Share Unit Plan for Eligible Employees.
EFH also noted that each RSU is exercisable into one common share of the company upon vesting, and that the RSUs will vest in three equal installments on the anniversary of the date of the grant.
“We are very pleased that Ken has re-joined the EFH team. With his experience and background, Ken is a very welcome addition to EFH’s management team,” said EFH CEO Serge Lavoie.
EFH Holdings was previously known as Echelon Financial Holdings; the company changed its name after receiving shareholder approval on December 11, 2020. The company last year moved to acquire the remaining 25% ownership of The Insurance Company of Prince Edward Island that it did not own.