Fred Dermarkar

President and CEO at AECL

Fred Dermarkar has extensive work experience in the nuclear industry. Fred started their career at Ontario Power Generation in 1981, where they held the position of Vice President Engineering Strategy for over 30 years until 2014. From 2014 to 2020, they served as the President and CEO of the CANDU Owners Group, a trusted nuclear industry leader that focuses on collaborative problem-solving and safety enhancement. In 2021, they became the President and CEO of AECL.

From 1977 to 1981, Fred Dermarkar attended the University of Toronto, where they pursued a Bachelor of Applied Science degree in Engineering.

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Ontario, Canada

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AECL

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Atomic Energy of Canada Limited (AECL) is a federal Crown corporation responsible for the long-term, contractual arrangement with Canadian National Energy Alliance (CNEA) for the management and operation of Canadian Nuclear Laboratories (CNL) under a Government-owned, Contractor-operated (GoCo) model. This follows the announcement by the Government of Canada in June 2015 of the selection of CNEA through a competitive procurement process. AECL works to monitor performance under the GoCo arrangement to meet Government objectives. Under the GoCo model, AECL leverages its facilities, assets and intellectual property by bringing to bear private-sector rigour in the operation of the nuclear laboratories through the contract with CNEA, and fulfils its core mandate to: deliver on Canada’s radioactive waste and decommissioning responsibilities, provide nuclear expertise to support federal responsibilities, and offer services to users of the nuclear laboratories on commercial terms.


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