Scott Saxberg

CEO, Cache Island Corp.

Scott Saxberg is the Founder, Chief Executive Officer and a Director of Cache Island Corp., an energy transition company. Scott has been involved in more than a dozen successful energy startups over the past 20 years including Crescent Point and Shelter Bay.

In addition, Scott runs his family office Icebook Investments Corp that focuses on direct investments in early-stage Tech Startups. Icebook is currently invested in over 12 early-stage companies in multiple industries including Greengate, Sundial, Lilia, Sheertex, Lynq, Fakespot, and Capacitech.

Scott is a co-founder and board member of Odyssey Trust the third largest financial Trust and Transfer agency in Canada. He is a founding shareholder and board member of Tetra Trust the first regulated crypto custodian in Canada. Scott is on the Board of Disa Technologies Inc which is an innovative materials liberation company that radically disrupt best practices in the mining and reclamation industries.

Chef Mentor at the Endless Frontiers Lab at New York University and a Fellow at the Creative Destruction Lab Rockies Energy and Paris Climate.

Before founding Cache Island, Scott was a co-founder of Crescent Point Energy in 2001 and was President and CEO of the company from 2003 to 2018. Scott has worked in the oil and gas industry since 1991, having held a variety of roles with companies such as Wascana Energy Inc., Numac Energy Inc. and Magin Energy Inc.

Under Mr. Saxberg’s direction, Crescent Point grew from 275 boe/d in 2001 to 180,000 boe/d in 2018. Through Scott’s tenure, the company became the sixth largest energy company in Canada, a S&P/TSX 60 listed company, and listed on the New York Stock exchange. The company distributed over $7.5 billion in dividends and reached a market capitalization of more than $18 billion.

In 2008, Scott founded a private Bakken oil company Shelter Bay and raised $900 million through private equity. Shelter Bay successfully grew from 0 to over 10,000 Boe/d before it was acquired by Crescent Point as part of its conversion from a Trust into a Corporation in 2010.

Along the way, Mr. Saxberg has received notable recognition, including being named as one of E&Y’s Top 40 Under 40, awarded the 2009 Producer of the Year in Oilweek magazine and named the 2011 Saskatchewan Oilman of the Year.

Crescent Point has also received notable recognition, including awards from Alberta Venture magazine for having the best workplace in Alberta in both 2008 and 2011.

Scott’s lifelong passion for hockey led him to become a co-owner in 2013 of the NHL hockey team the Arizona Coyotes. The Coyotes were successfully acquired out of bankruptcy and sold in 2017 to Andrew Barroway.

In addition to his dedication to hockey and leading a successful corporation he is a former co-owner of Liquidity, a winery located in beautiful Okanagan Falls of BC wine country.

Mr Saxberg has sat on several boards over the past 20 years – E4 Energy, Bellamont Exploration, Wild Stream, Wild River and CAPP. Scott was also strategically involved with Harvest Energy, StarPoint Energy and Toro Oil and Gas. More recently Scott served on the Board of the STARS Society board of directors from 2013 to 2019.