Annette Verschuren

Chair & CEO
NRStor Inc.

Annette Verschuren, a native of North Sydney, Nova Scotia has taken her wealth of unique experience and well-rounded skill-set in finance, operations, and leadership and applied it to public, private and non-profit ventures throughout her career. In July 2012, Annette oversaw the creation of NRStor Inc. as Chair and CEO.   Within 24 months the Company had opened the first commercial grid-connected energy storage flywheel installation in Canada.  She has been an influencer of policy and worked to create a market for advanced energy storage in Canada and around the world. 

Formerly the president of The Home Depot Canada and Asia, Annette grew Canadian operations from 19 to 179 stores between 1996 and 2011. She also led The Home Depot’s entry into China between 2006-2009. Prior to her career at The Home Depot, Annette served as the president and co-owner of Michaels of Canada (arts & crafts) 1993-1996.

Annette 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 the Canada Development Investment Corporation as executive vice-president, privatizing crown corporations, before joining Imasco Ltd. as vice-president, corporate development. Annette currently sits on the board of Liberty Mutual Insurance Group, Air Canada, Saputo and Canadian Natural Resources Ltd. Annette volunteers her time with the Centre for Addiction and Mental Health Foundation (CAMH), the Conference Board of Canada and also serves as the Chancellor of Cape Breton University. Annette served as a member of the North American Competitiveness Council, part of the Security and Prosperity Partnership of North America. She was also a member of Finance Minister Flaherty’s Economic Advisory Council, a group of 11 Canadian business leaders charged with advising the Government of Canada on the global economic crisis.

Most recently, Annette was appointed Chair of the Federal Government’s Expert Panel for the Venture Capital Action Plan. In 2011, Annette received the highest civilian honor as an Officer of The Order of Canada for her contribution to the retail industry and Corporate Social Responsibility.