Seaway Energy Services Inc. announced that Mr. Jerry Budziak has resigned as President, Chief Executive Officer and a director of Seaway. Mr. Budziak was a founder of Seaway. The company announced that Mr. Kyle Stevenson, a current member of the Board, has been appointed as the President and Chief Executive Officer of the company, in replace of Mr. Budziak.

In addition, Mr. Richard Stevenson has been appointed to the Board to fill the vacancy resulting from Mr. Budziak's resignation. Mr. Richard Stevenson has 40 years of diverse senior management experience in both the utility and engineering business, including managing Construction and Operations at B.C. Hydro both domestically and internationally. Most recently Mr. Stevenson serviced as a Senior Construction Manager with SNC Lavalin on major projects in both Alberta and British Columbia.