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Mr. Carruthers graduated from the Southern Alberta Institute of Technology with a diploma in Business Administration in 1971 and immediately after completing his diploma he joined Plasti-Fab Ltd. His first appointment with Plasti-Fab was Plant Manager and Sales Representative. During his long career with the company spanning over 35 years, Mr. Carruthers has held progressively senior positions within the company he has been instrumental in the company’s development to become a highly-respected and significant player in the North American market for expanded polystyrene rigid insulation products. Mr. Carruthers has been a director of PFB Corporation since 1992 and he was appointed Chief Operating Officer of PFB Corporation in March 2007.