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Fred Dermarkar has extensive work experience in the nuclear industry. Fred started their career at Ontario Power Generation in 1981, where they held the position of Vice President Engineering Strategy for over 30 years until 2014. From 2014 to 2020, they served as the President and CEO of the CANDU Owners Group, a trusted nuclear industry leader that focuses on collaborative problem-solving and safety enhancement. In 2021, they became the President and CEO of AECL.

From 1977 to 1981, Fred Dermarkar attended the University of Toronto, where they pursued a Bachelor of Applied Science degree in Engineering.