Fraser Gray is a seasoned executive with over 38 years of multifaceted experience across finance, manufacturing, cleantech, and organizational development. Fraser’s diverse background, spanning high-stakes corporate finance to startup innovation, has made him a trusted leader known for transforming challenges into strategic growth opportunities. His industry knowledge extends into clean energy and manufacturing operations, where his work has consistently driven efficiency, innovation, and revenue growth.
Currently serving as Senior Vice President, Finance & Strategy (CFO) at Sustane Technologies Inc., Fraser plays a pivotal role in advancing the company’s financial health and strategic direction. At Sustane, he has successfully led financing initiatives and established key partnerships that have supported the company’s pioneering approach to recycling and waste management. His ability to design and implement robust financial and operational frameworks has been crucial as Sustane moves toward full-scale commercial deployment of its recycling technology in Nova Scotia.
Before joining Sustane, Fraser held executive leadership roles at Tandus Centiva (a Tarkett company) and led the transformation of the company’s manufacturing operations in Canada. As Vice President of Manufacturing, he championed a world-class manufacturing program, reducing safety incidents by 93%, customer claims by 91%, and controllable costs by 15%. His results-driven approach and expertise in lean manufacturing continue to set standards for operational excellence in the industry.
Fraser’s career has also been shaped by his work at Innovacorp, where he facilitated the launch of multiple renewable energy and cleantech companies. As Business Development Manager, Fraser demonstrated his adeptness in fostering sustainable innovation. His efforts helped establish new industrial solutions for Nova Scotia, including projects focused on wood-to-diesel conversion, renewable energy storage, and municipal waste-to-energy initiatives. This role underscored Fraser’s commitment to environmental responsibility and economic growth through clean technology.
Fraser’s strategic insight extends beyond finance and manufacturing into leadership development and organizational transformation. He led the adoption of first-in-kind SAP integration at Atlantic Tractors & Equipment Ltd., enhancing financial operations and efficiency. At J.D. Irving Ltd., Fraser managed key regional and financial operations, including sawmill management and woodlands operations, strengthening value stream partnerships and driving operational renewal in western Nova Scotia.
Educationally, Fraser is equipped with both a Chartered Accountant designation from ICANS and a Bachelor of Commerce from Mount Allison University, where he first honed his strategic and financial acumen. Additionally, his executive training from Ivey Business School in leadership development has empowered him to lead with a vision and decisiveness that fosters sustainable results.
Beyond his executive work, Fraser is dedicated to mentoring and community service. He has served as Head Coach with the Sackville Minor Hockey Association, inspiring young athletes through teamwork, discipline, and resilience. Fraser’s commitment to economic empowerment, education, and environmental stewardship reflects his deep-rooted values and his drive to make meaningful contributions both in and out of the office.
Character:
Fraser is a principled leader with a commitment to integrity, teamwork, and fostering positive change, whether in corporate or community settings. His character reflects a genuine dedication to creating value for all stakeholders.
Knowledge:
With expertise spanning finance, strategic planning, manufacturing and clean technology, Fraser possesses a unique blend of industry knowledge and technical skills that empower him to address complex challenges with innovative solutions.
Strategic:
Fraser’s approach is both visionary and practical, enabling organizations to achieve long-term goals through sustainable, growth-oriented strategies. His strategic foresight has consistently driven efficiency and profitability across industries.
Communication:
Fraser is an articulate communicator adept at guiding teams and stakeholders through complex transformations. His ability to communicate clearly and persuasively has been instrumental in building partnerships and achieving operational alignment.
