General Fusion Appoints Wendy Kei to Board of Directors as Company Prepares for U.S. Public Markets
VANCOUVER, British Columbia – General Fusion Inc., a prominent player in the global race to commercialize fusion energy, has announced the appointment of Wendy Kei to its Board of Directors, effective April 13, 2026. This strategic move comes as the company prepares to enter the U.S. public markets through a previously announced business combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC).
Key Role as Audit Committee Chair
In addition to her role as a director, Kei will serve as Chair of the Audit Committee, a critical position as General Fusion navigates its transition to a public enterprise. The company's proposed business combination with SVAC marks a significant milestone in its commercialization efforts for fusion energy technology.
Wendy Kei brings over three decades of distinguished financial and governance experience from public companies across various industries to her new role. She currently serves as Board Chair of Ontario Power Generation, Chair of the Audit Committee for Centerra Gold Inc., and is a Board member of the Institute of Corporate Directors (ICD).
Kei's Enthusiasm for the Appointment
"I am thrilled to join the General Fusion Board of Directors at such an exciting moment in the company's trajectory toward entering the public markets," said Wendy Kei. "I look forward to working with the Board and leadership team as we guide the company through this next phase as a public enterprise developing a technology with the potential to deliver transformational clean energy."
Transition and Departure of Grant Gardiner
In connection with this appointment, General Fusion announced that Grant Gardiner will step down as a director as part of his transition into retirement from Atomic Energy of Canada Limited (AECL). Gardiner has been instrumental in supporting General Fusion's mission to deliver commercial fusion energy.
"AECL drives Canadian nuclear innovation and is pleased to have played a role in supporting General Fusion in its mission to deliver commercial fusion energy," said Grant Gardiner, Executive Vice-President, Strategy and Development, at AECL. "As I step back from AECL and wind down my tenure at General Fusion, I am really pleased with the progress we have made together with General Fusion and welcome Ms. Kei to contribute to guiding the next stage of the company's development."
Board Leadership's Perspective
Klaas de Boer, Chair of the General Fusion Board of Directors, expressed gratitude for both the new appointment and Gardiner's contributions. "On behalf of the General Fusion Board of Directors, I would like to welcome Wendy to the Board. We are grateful to add her extensive financial expertise as the company prepares to go public," said de Boer. "I would also like to extend our thanks to Grant for his invaluable contributions to the Board. His departure reflects the evolution of his relationship with AECL, and we are grateful for his insights and his commitment to advancing the company."
De Boer added, "General Fusion is deeply entrenched in the Canadian innovation ecosystem, and it has been a privilege to have Grant from AECL, an organization that advances Canadian nuclear innovation, and now Wendy, Chair of one of the country's leading energy companies, providing strategic guidance on the company's path to commercialization."
About Wendy Kei
Wendy Kei's professional credentials include:
- Board Chair for Ontario Power Generation Inc.
- Chair of the Audit Committee for Centerra Gold Inc.
- Board member with the Institute of Corporate Directors (ICD)
- Fellow Chartered Professional Accountant (FCPA, FCA)
- Fellow from the Institute of Corporate Directors (F.ICD)
- ESG Designation (GCB.D) from Competent Boards
- Bachelor of Mathematics from the University of Waterloo
This appointment underscores General Fusion's commitment to strengthening its governance framework as it advances toward commercializing fusion energy technology and entering the public markets.
