CFO Moves in Canada this week include:
|Valeant Pharmaceuticals International, Inc.||Gildan Activewear Inc.||Grande West Transportation Group Inc.|
|Savanna Energy Services Corp.||Acasti Pharma Inc.|
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Valeant Pharmaceuticals International, Inc. (TSX: VRX) announced that Howard B. Schiller has advised the Company of his decision to step down as Chief Financial Officer once a successor is appointed. In order to facilitate a smooth transition, Mr. Schiller will remain in his current position as the search for his replacement proceeds. Mr. Schiller joined Valeant in December 2011 as Chief Financial Officer and was appointed to the Board of Directors of Valeant in September 2012.
Gildan Activewear Inc. (TSX: GIL) announced the appointment of Rhodri J. Harries as Executive Vice-President, Chief Financial and Administrative Officer. Mr. Harries has been the Chief Financial Officer of Rio Tinto Alcan since 2014, where previously he held the position of Chief Commercial Officer from 2009 to 2013. Mr. Harries joined Alcan in Montreal in 2004 as the Vice President and Corporate Treasurer and remained with the company following its acquisition by Rio Tinto in 2007. Prior to joining Alcan, Mr. Harries spent 15 years in North America, Asia and Europe with General Motors, where he held successive positions of increasing responsibility in corporate finance, treasury and business development. Mr. Harries succeeds Laurence G. Sellyn, who will continue with Gildan as required in order to support Mr. Harries’ integration into the Company and ensure an orderly transfer of responsibilities.
Grande West Transportation Group Inc. announced that it has terminated its Chief Financial Officer John Sutherland. In the interim, duties will be overseen by Grande West Director, Don Siemens. Mr. Siemens is an independent financial advisor and corporate director. Don Siemens is a Chartered Accountant and previously was Partner-in-Charge of Thorne Ernst & Whinney’s (now KPMG) Vancouver office Financial Advisory Services group.
Savanna Energy Services Corp. announced that Dwayne LaMontagne has been appointed Executive Vice President and Chief Financial Officer, replacing Darcy Draudson who has resigned. Dwayne LaMontagne most recently served as Savanna’s Interim President and Chief Executive Officer. Prior to that time he was Savanna’s Executive Vice President and Chief Development Officer. Dwayne joined Savanna in 2006 through the merger with Western Lakota Energy Services Inc. where he served as Vice President Finance and Chief Financial Officer since November 2002.