Mr. Lailey is a retired business executive and private investor. From 1996 to 2000, Mr Lailey was Senior Vice-President-Americas for Bredero-Shaw, a world wide joint venture between Shawcor Ltd. of Toronto and Halliburton of Dallas, Texas.

Prior to this, Mr. Lailey held the position of Senior Vice President, Pipeline and Tubular products with Shaw Industries Ltd., from 1994 to 1996, and Vice President Pipe Production Group from 1986 to 1994. Mr. Lailey has previously served on the board of Saxon Petroleum Inc. and Blue Sky Resources.