Bruce Power is pleased to announce that it has selected Korn/Ferry International (NYSE: KFY), a premier global provider of talent management solutions, as the advisor for its executive recruitment, middle-management recruitment and leadership development initiatives.

As part of the five-year agreement, Korn/Ferry will support Bruce Power's efforts to develop its existing senior-level talent pool, as well as supplement it by identifying and attracting top executives from outside the company.

"Investing in our people has always been as important as investing in our plant," said Duncan Hawthorne, president and chief executive officer, Bruce Power. "With its diverse suite of solutions, large global footprint and commitment to quality, we feel that Korn/Ferry is uniquely qualified to help us manage and develop our people amidst today's competitive environment."

The Korn/Ferry team, based across Canada and the U.S., will build an external talent pipeline for Bruce Power on a local, national and international basis, and will also work with dedicated Bruce Power staff to strengthen the company's ongoing professional development programs.

"We are excited about our arrangement with Bruce Power, an industry leader in the nuclear energy industry," said Jeff Rosin, managing director, Korn/Ferry Canada. "We believe our holistic approach to talent management will significantly help Bruce Power attract, develop and retain leaders who will fuel the company's continued growth."

Since its creation in 2001, Bruce Power has hired more than 1,000 new employees and developed detailed training and workforce strategies to help manage an aging workforce of approximately 3,700 employees. As in many Canadian companies, Bruce Power will see 30 per cent of its current workforce eligible to retire within the next five years.

About Bruce Power

Bruce Power is a partnership among Cameco Corporation, TransCanada Corporation, BPC Generation Infrastructure Trust, a trust established by the Ontario Municipal Employees Retirement System, the Power Workers' Union and The Society of Energy Professionals.

About Korn/Ferry International

Korn/Ferry International, with more than 70 offices in 40 countries, is a premier global provider of talent management solutions. Based in Los Angeles, the firm delivers an array of solutions that help clients to identify, deploy, develop, retain and reward their talent.