CFO Moves Canada

Tracking CFO Movement Across Canada

CFO Moves Canada – week ending October 18, 2019

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CFO Moves in Canada this week include:

Vecima Networks Inc. Centric Health Corporation Redline Communications Group Inc.
Greenlane Renewables Inc. Freckle Ltd. North Bud Farms Inc.
MJardin Group, Inc. Mount Logan Capital Inc. TransCanna Holdings Inc.
Esstra Industries Inc. Matica Enterprises Inc.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Vecima Networks Inc. [VICTORIA] (TSX: VCM) announced that John Hanna will be resigning from his position as the company’s Chief Financial Officer effective October 25, 2019 to accept a senior executive role with another organization. Dale Booth, Vecima’s Vice-President of Finance, has been appointed to succeed Hanna as Chief Financial Officer effective October 26, 2019. Prior to joining Vecima, Dale served as Vice President Finance and Corporate Controller of the Yanke Group of Companies, as Chief Financial Officer of the Transall Group of Companies, and in increasingly senior financial positions with Trimac Transportation. He also served with KPMG for five years.

Centric Health Corporation [TORONTO] (TSX: CHH) announced the appointment of Andrew Mok as the Chief Financial Officer of the Company. Mok has served as the Company’s interim Chief Financial Officer since November 2018. Mok joined the Company in 2017, serving as Senior Director, Finance before becoming Interim Chief Financial Officer. Prior to joining Centric Health, he worked at Ernst & Young LLP.

Redline Communications Group Inc. [TORONTO] (TSX: RDL) announced that Joan Ritchie has decided to resign from her position as Chief Financial Officer of the Company for personal reasons, effective November 12, 2019. Ritchie joined the Company in 2011 and was appointed Interim CFO in September 2017 and CFO in March 2018. Philip Jones will succeed Ritchie as Chief Financial Officer. Jones brings over 15 years of experience as a CFO, most recently with Maru Group, Mundo Media, and Leonardo Worldwide Corporation.

Greenlane Renewables Inc. [BURNABY, British Columbia] (TSX-V: GRN) announced the appointment of Lynda Freeman as Chief Financial Officer. Freeman has held progressively senior financial leadership roles, including five years as CFO of TSX-listed Alterra Power Corp. Lynda began her professional career at PricewaterhouseCoopers where she spent ten years, based in three different countries (the United Kingdom, Australia and Canada) in the audit practice working with both public and rate regulated companies. Freeman replaces Mike Ligget.

Freckle Ltd. [TORONTO] (TSX-V: FRKL) announced that it has appointed Andrew Elinesky as Chief Financial Officer (CFO) of the Company. Prior to joining the Company, Elinesky served as Chief Financial Officer and Senior Vice-President of McEwen Mining Inc. Elinesky will replace Sean Homuth, Freckle’s current fractional CFO.

North Bud Farms Inc. [TORONTO] (CSE: NBUD, OTCQB: NOBDF) announced the appointment of Sean Homuth as Acting Chief Financial Officer (CFO). Previously, Homuth was Chief Financial Officer at Orezone Gold Corporation (and Vice President, Finance and Administration for its predecessor company, Orezone Resources Inc.). Homuth replaces Brendan Stutt as CFO.

MJardin Group, Inc. [TORONTO AND DENVER] (CSE: MJAR, OTCQX: MJARF) announced the appointment of Edward Jonasson, effective November 1, 2019. Jonasson was Vice President Finance and Group Corporate Controller at The Stars Group Inc. Jonasson also held senior finance positions at Open Text Corporation and DWL Incorporated.

Mount Logan Capital Inc. [TORONTO] (NEO: MLC) announced that Dave Guebert has resigned as Chief Financial Officer and Corporate Secretary of the Company. Edward Gilpin has been appointed as Chief Financial Officer and Corporate Secretary. Mr. Gilpin serves as the Chief Financial Officer, Secretary and Treasurer of Portman Ridge Finance Corp. Mr. Gilpin has worked at Portman Ridge (formerly known as KCAP Financial, Inc.) since June 2012. Prior to joining Portman Ridge, Gilpin served as the Chief Financial Officer at Associated Renewable Inc., and as Executive Vice President and Chief Financial Officer of Ram Holdings, Ltd. Prior to that, he was the Executive Vice President, Chief Financial Officer and Director of ACA Capital Holdings, Inc. Prior to joining ACA Capital, Gilpin was Vice President in the Financial Institutions Group at Prudential Securities, Inc.’s investment banking division.

TransCanna Holdings Inc. [Vancouver] (CSE: TCAN) appointed Michelle Pillon as chief financial officer, replacing Greg Ball.

Esstra Industries Inc. [Vancouver] (TSXV: ESS) announced that David Atkinson, a current director of Esstra, has been appointed as Interim Chief Financial Officer of the Company. Atkinson is the current President and CEO of Earthworks Industries Inc. Atkinson succeeds Sharon Lewis as Chief Financial Officer.

Matica Enterprises Inc. [TORONTO] (CSE: MMJ, OTCQB: MMJFF) announced that George A. Brown has taken early retirement for personal and health reasons and has resigned as Director and Chief Financial Officer. Gurcharn Deol, Director of Matica will act as interim CFO.

CFO Moves Canada – week ending October 11, 2019

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CFO Moves in Canada this week include:

Marathon Gold Corporation Rigel Technologies Inc. Duncan Park Holdings Corporation
Hey Bryan Media Inc. eQube Gaming Limited

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Marathon Gold Corporation [TORONTO] (TSX: MOZ) announced the appointment of Hannes Portmann as Chief Financial Officer. Most recently (2008 to 2018) he was employed by New Gold Inc. in a series of progressively more senior roles including Executive Vice President, Business Development and, ultimately, President and Chief Executive Officer. Prior to New Gold, he was a member of the Merrill Lynch investment banking mining group (2006 to 2008) and the assurance and advisory practices of PricewaterhouseCoopers LLP (2002 to 2006).

Rigel Technologies Inc. [Toronto] announced the appointment of Hasan Zaidi as the Company’s Chief Financial Officer. Zaidi is also currently the CFO of Duncan Park Holdings Corporation. Prior to joining Rigel, Zaidi worked for several publicly held and private companies, most recently at a leading real estate and asset management company. Zaidi will succeed John Langmuir, who has served as the Company’s CFO since January 2019.

Duncan Park Holdings Corporation [Toronto] announced the appointment of Hasan Zaidi, as its Chief Financial Officer. Zaidi is also currently the CFO of Rigel Technologies Inc. Prior to joining Duncan Park, Zaidi worked for several publicly held and private companies, most recently at a leading real estate and asset management company. Zaidi will succeed John Langmuir, who has served as the Company’s CFO since January 2019.

Hey Bryan Media Inc. [Vancouver] (CSE: HEY) announced the appointment of Blair Jordan as Chief Financial Officer. Jordan spent five years as Managing Director, Investment Banking at Echelon Wealth Partners, and another nine years at Credit Suisse. He also worked at PriceWaterhouseCoopers and Bennett Jones. Jordan replaces Rick Huang.

eQube Gaming Limited [Edmonton] (TSXV: EQG) appointed Sandra Johnston, the Chief Operating Officer of the Company, as interim Chief Financial Officer of the Company.

CFO Moves Canada – week ending October 4, 2019

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CFO Moves in Canada this week include:

HEXO Corp. Absolute Cordy Oilfield Services Inc.
Nabis Holdings Inc. Vibe Bioscience Ltd. UrbanGold Minerals Inc.
City View Green Holdings Inc. Gunpowder Capital Corp. Crystal Lake Mining Corporation

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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HEXO Corp. [GATINEAU, Quebec] (TSX: HEXO, NYSE:HEXO) announced that the company’s Chief Financial Officer, Michael Monahan, has made the decision to resign. Stephen Burwash, who is currently Vice-President of Strategic Finance for the Company, has accepted the role of Chief Financial Officer.

Absolute [VANCOUVER] (TSX: ABT) announced that Errol Olsen, Chief Financial Officer will be leaving Absolute for personal reasons. Olsen is expected to remain in his role until the end of calendar 2019 and to provide additional transitional support after that as needed.

Cordy Oilfield Services Inc. [CALGARY] (TSX-V: CKK) announced that Luke Caplette has resigned as Cordy’s Chief Financial Officer to pursue other opportunities. Darrick Evong, ‎Cordy’s Chief Executive Officer, will carry out the role of Chief Financial Officer on an interim basis.

Nabis Holdings Inc. [VANCOUVER] (CSE: NAB, OTC: NABIF) announced that it has appointed Nicole Rusaw as Chief Financial Officer (“CFO”). Rusaw has over 15 years of experience working with public biopharma and pharma companies trading on both the TSX and NASDAQ.

Vibe Bioscience Ltd. [CALGARY] (CSE: VIBE) announced that it has appointed Michal Holub as Chief Financial Officer. Holub’s leadership experience includes roles as the Chief Financial Officer and co-founder of Croverro Energy Ltd., as Vice President, Finance and Chief Financial Officer of Serrano Energy Ltd., and as the Controller and Corporate Secretary at RedStar Oil & Gas Inc. Mr. Holub also served as a Senior Manager with BDO Dunwoody LLP. Holub joins the Company following the resignation of Ryan Mercier.

UrbanGold Minerals Inc. [Ottawa] (TSX-V: UGM) announced that Vatche Tchakmakian has joined the Company as Chief Financial Officer and Corporate Secretary. Tchakmakian is specialized in the field of public companies and securities regulations in Canada. He has been an officer of several publicly listed companies in the mineral sector having operations in Canada and Latin America. Tchakmakian will be replacing Sabino Di Paola who has resigned as Chief Financial Officer and Corporate Secretary to pursue other opportunities. Mr. Di Paola will remain a Director of the Company.

City View Green Holdings Inc. (CSE: CVGR, OTCQB: CVGRF) appointed Eric Myung to act as its CFO. Myung is a senior financial analyst at Marrelli Support Services Inc. Myung served as CFO for several TSX Venture Exchange companies. Previously, Mr. Myung worked at a public accounting firm focused on small and medium business for seven years. Myung succeeds Mr. Joseph Heng, who has served as the Company’s CFO since November 2014.

Gunpowder Capital Corp. [Toronto] (CSE: GPC, OTCQB: GNPWF) announced the resignation of Paul Haber as CFO of the Corporation. In the interim the Corporation has appointed Frank Kordy to serve as the CFO of the Corporation on an interim basis. Kordy previously served as the Corporation’s CFO from March 4th, 2015 to December 8th, 2015 and he currently also serves as the Interim CFO of Meryllion Resources Corp. and of Advantagewon Oil Corp.

Crystal Lake Mining Corporation [VANCOUVER] (TSX-V: CLM, OTC: SIOCF) appointed Brian Moore as CFO and a director of the Company. Moore replaces Alphonse Ruggiero in the position who has stepped down as CFO of the Company. Mr. Ruggiero will remain as a member of the Board. Moore has been providing taxation, accounting, and business advisory services since 1979, establishing his own firm in 1986, and co-founded TurnerMoore LLP in 1994.

CFO Moves Canada – week ending September 27, 2019

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CFO Moves in Canada this week include:

Englobe Hyduke Energy Services Inc. Rockcliff Metals Corporation
NGEx Minerals Ltd.

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Denis Pellerin

Englobe [LAVAL, QC] hired Denis Pellerin as Chief Financial Officer. Denis was previously CFO at Lavo for 10 years and Warnex for 7 years. He also previously worked for Groupe Lactel and PwC.

DHX Media [HALIFAX] (TSX: DHX, NASDAQ: DHXM) announced that Aaron Ames, Chief Operating Officer (“COO”), has been appointed CFO, succeeding Doug Lamb, who has decided to step down. The COO position will not be replaced.

Copper Lake Resources Ltd. [TORONTO] (TSX-V: CPL) announced the appointment of Paul Mcgroary as Chief Financial Officer (“CFO”) of the Company. Mcgroary, who is also a director of the Company, replaces Lisa Korinek who has served as the CFO since August 2016.

CANEX Metals Inc. [CALGARY] (TSX-V: CANX) announced that it has appointed Chantelle Collins as Chief Financial Officer of the Corporation. Collins succeeds Douglas Porter. Collins has over 12 years’ experience working in the public sector and is well versed in the financial reporting requirements of public companies and currently serves as an officer for three other public Companies.

Nurcapital Corporation Ltd. [Toronto] (TSXV: NCL.H) announced that Salim Ansari has resigned as Chief Financial Officer of the Company and he has been replaced by Kyle Appleby. Appleby has experience in diverse industries including Technology, Telecom, Bitcoin Mining, Junior Mining, Investment Funds, Food, and others. He worked with over 20 public companies across a variety of exchanges including TSX-V, CSE, AIM and OTC.

CFO Moves Canada – week ending September 20, 2019

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CFO Moves in Canada this week include:

Hyduke Energy Services Inc. Rockcliff Metals Corporation NGEx Minerals Ltd.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Hyduke Energy Services Inc. [LEDUC, AB] announced that further to the resignation of Nick Cristiano as the Chief Financial Officer and Corporate Secretary of the Company, Patrick F. Ross, President and Chief Executive Officer, will assume the responsibilities for the Chief Financial Officer and Corporate Secretary positions on an interim basis.

Rockcliff Metals Corporation [TORONTO, ON] (CSE: RCLF) announced the appointment of Christopher Stackhouse to the role of Chief Financial Officer. Until recently, Stackhouse was the interim Chief Financial Officer for Guyana Goldfields Inc. where he joined in August 2012. Prior to this, Stackhouse was a Manager at PricewaterhouseCoopers LLP for 5 years within the mining assurance practice.

NGEx Minerals Ltd. [VANCOUVER] (TSX-V: NGEX) announced the appointment of Jeff Yip as Chief Financial Officer of Corporation, replacing Joyce Ngo, who is resigning as Interim Chief Financial Officer. After three years at Ernst & Young LLP (Vancouver), Yip served as the Corporate Controller of Rusoro Mining Ltd. and for RB Energy Inc. Yip also previously served as the Corporate Controller, and then CFO, of Orca Gold Inc. In addition to serving as the CFO of the Company, Mr. Yip will also concurrently serve as the CFO of Filo Mining Corp., another Lundin Group company.

CFO Moves Canada – week ending September 13, 2019

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CFO Moves in Canada this week include:

Russel Metals Inc. Chartwell Retirement Residences Stuart Olson Inc.
Milestone Pharmaceuticals Inc. Inventronics Limited Wolfpack Brands Corporation
Golden Leaf Holdings Ltd.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Russel Metals Inc. [TORONTO] (TSX: RUS) announced that Executive Vice President and Chief Financial Officer, Marion E. Britton will retire in 2020.  Marion will remain with the Company during 2020 to ensure a smooth transition.

Chartwell Retirement Residences [MISSISSAUGA] (TSX: CSH.UN) announced the appointments of key Senior Executives to be effective March 16, 2020. Vlad Volodarski, the current Chief Financial Officer (“CFO”) and Chief Investment Officer (“CIO”), will succeed Mr. Binions as the Chief Executive Officer (“CEO”). Mr. Binions will continue to serve on Chartwell’s Board of Trustees after his retirement. Sheri Harris, Chartwell’s current Chief Administrative Officer (“CAO”), will be appointed CFO. Ms. Harris joined Chartwell in 2007 as Senior Vice President Finance and was promoted to CAO in 2013. She has 19 years of industry experience, including seven years in senior finance roles with Retirement Residences REIT.

Stuart Olson Inc. [CALGARY] (TSX: SOX, SOX.DB.A) announced the departure of Daryl Sands, Executive Vice President and Chief Financial Officer. The Company also announced the appointment of Dean R. Beacon as interim Chief Financial Officer. Beacon was previously Senior Vice President Finance and Chief Financial Officer of Canexus. Beacon joined Canexus in 2012 as Treasurer and Director, Risk Management, and then became the Vice President Strategy, Risk and Business Development in 2014, before being appointed Senior Vice President Finance and Chief Financial Officer in 2015. Prior to joining Canexus, Beacon held senior positions responsible for treasury, finance, risk management and marketing.

Milestone Pharmaceuticals Inc. [MONTREAL and CHARLOTTE, N.C.] (NASDAQ: MIST) announced the appointment of Amit Hasija as Chief Financial Officer and Executive Vice President of Corporate Development. Mr. Hasija most recently served as Chief Financial Officer and Chief Business Officer at Fulcrum Therapeutics. Prior to Fulcrum, he spent five years at Sanofi, most recently serving as Vice President of Integrated Care. While at Sanofi, he also served as Vice President of North America Pharmaceutical Business Development. Prior to joining Sanofi, Mr. Hasija spent more than a decade at Goldman Sachs, Credit Suisse and Deutsche Bank. He began his career at Merck as a Planning and Logistics Analyst and Operations Manager.

Inventronics Limited [CALGARY] (TSX-V: IVX) announced the appointment of Robert Brookwell as Inventronics’ Chief Financial Officer. Since 2016, Mr. Brookwell has been an independent financial and operations consultant. From April 2005 to June 2016, Mr. Brookwell served as Executive Vice President and Chief Financial Officer of Gemini Corporation. Brookwell has served as a director of Inventronics since February 2019.

Wolfpack Brands Corporation [VANCOUVER] announced that the Company has appointed Robert Suttie to serve as Chief Financial Officer. In addition to managing the group’s financial-statement team, Mr. Suttie also serves as Chief Financial Officer to a number of companies listed on the TSX and TSX Venture Exchanges. The Company also announced the resignation of Richard Buzbuzian as Chief Financial Officer, who will remain as President and Executive Chairman.

Golden Leaf Holdings Ltd. [TORONTO] (CSE: GLH, OTCQB: GLDFF) announced that the Company appointed Kate Koustareva as Interim CFO.

CFO Moves Canada – week ending September 6, 2019

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CFO Moves in Canada this week include:

SunOpta Inc. Score Media and Gaming Inc. AbCellera
4Front Ventures Corp. Adcore Inc. Spartan Bioscience
Ivrnet Inc. PPX Mining Corp. Hyduke Energy Services Inc.
Quality Green Josemaria Resources Inc. Glance Technologies Inc.
Acceleware® Ltd.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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SunOpta Inc. [TORONTO] (TSX: SOY, NASDAQ: STKL) announced the appointment of Scott E. Huckins as Chief Financial Officer (CFO). Huckins most recently served as Executive Vice President, CFO of Claire’s Stores, Inc., from 2016 until joining SunOpta. Before Claire’s, Mr. Huckins was Vice President and Treasurer of Sears Holdings and President of Sears Re, from 2012-2016. Prior to his tenure at Sears, Mr. Huckins spent two years as Vice President of Treasury, Tax and Investor Relations for RSC Holdings, Inc. Huckins also held various leadership roles at Koch Industries Inc. and affiliated companies from 2001-2008. Huckins will succeed Robert McKeracher, who has served as SunOpta’s CFO since 2011.

Score Media and Gaming Inc. [TORONTO] (TSX-V: SCR) announced the appointment of Alvin Lobo as Chief Financial Officer. Lobo joins theScore from major U.S.-based casino operator Boyd Gaming Corporation, where he served as Vice President of Corporate Finance for three years. Prior to that, he worked with Wynn Resorts as its Director of Corporate Finance and Investor Relations.

Andrew Booth

AbCellera [VANCOUVER] announced the hiring of Andrew Booth as Chief Financial Officer. Booth joins AbCellera from STEMCELL Technologies, where he held roles of Vice President of Instrumentation, Chief Financial Officer, and Chief Commercial Officer. Prior to STEMCELL, Andrew was based in London leading mergers and acquisitions for GE Healthcare’s Europe, Middle East & Africa business and GE Healthcare’s global Life Sciences business. In connection with his appointment as CFO, Andrew will step down from AbCellera’s Board of Directors, where he has served for the past four years.

4Front Ventures Corp. [VANCOUVER] (CSE: FFNT, OTCQX: FFNTF) announced that Brad Kotansky has stepped into the role of Chief Financial Officer (CFO). Kotansky began his career in New York as an investment banker and portfolio manager before becoming an entrepreneur in Phoenix, where he co-founded and ran a real estate investment and development company and a financial technology company. He began working with 4Front full-time in June to support special projects and quickly demonstrated his capabilities and was successfully recruited to assume a more impactful role. David Croom, who served as CFO for Cannex Capital Holdings, Inc. and 4Front, will turn his attention to the development of Brightleaf, 4Front’s production division, stepping into the role of CFO of Brightleaf.

Adcore Inc. [TORONTO] (TSX-V: ADCO) announced that Yatir Sadot was appointed the Corporation’s new Chief Financial Officer. Sadot will replace Enrique David Mamber as Chief Financial Officer of the Corporation.

Blaine Fitzgerald

Spartan Bioscience [OTTAWA] announced that Blaine Fitzgerald, former Vice President of Finance for Shopify, has been named Chief Financial Officer. Previous to Shopify, he held senior roles at Curtiss-Wright, Deloitte, and Ernst & Young. 

Ivrnet Inc. [CALGARY] announced the appointment of Jason Myers as its new Chief Financial Officer. Since 2012 Jason has been the CFO & VP Business Development for Brightsquid Secure Communications Corp. Prior to that, he was the President and co-founder of CoolIT Systems.

PPX Mining Corp. [VANCOUVER] announced the appointment of Natasha Tsai as its Chief Financial Officer and Corporate Secretary. Natasha is a Managing Director of Malaspina Consultants Inc. Natasha replaces Meri Verli.

Hyduke Energy Services Inc. [LEDUC, AB] announced that Nick Cristiano has resigned as the Chief Financial Officer and Corporate Secretary of the Company.

Quality Green [TORONTO] announced the appointment of Jeremy Blumer as its Chief Financial Officer. Mr. Blumer has over 25 years of finance experience with both public and private companies, including Maricann Groups Inc. and Blackberry Ltd.

Josemaria Resources Inc. [VANCOUVER] (TSX: JOSE) announced the appointment of Ian Gibbs as Chief Financial Officer, replacing Joyce Ngo, who is taking on the role of Corporate Controller. Gibbs held a variety of prominent positions within the Lundin Group of companies, most recently serving as CFO of Africa Oil Corp. Previously, Mr. Gibbs was CFO of Tanganyika Oil. Prior to Tanganyika Oil, Mr. Gibbs was CFO of Valkyries Petroleum. Mr. Gibbs has also held a directorship position with Lundin Gold Inc. since inception in 2014, and Africa Energy Inc, since 2011.

Glance Technologies Inc. [VANCOUVER] (CSE: GET, OTCQB: GLNNF) announced the appointment of Tracey St. Denis to the Company as its new Chief Financial Officer. Ms. St. Denis will replace Issa Nahkleh as CFO effective October 1, 2019. St. Denis has more than 20 years of experience as a director and officer of public companies and is currently also the CFO of Turtle Island Corporation and is the Chief Accountant for THC Biomed Intl Ltd. Ms. Denis previously held the position of Chief Financial Officer for AgraFlora Organics International, Inc.

Acceleware Ltd. [CALGARY] (TSX-V: AXE) announced the appointment of Tracy Grierson as Chief Financial Officer.  Grierson’s professional track record includes leadership roles working with public, private and non-profit organizations across a breadth of industries that include oil and gas, environmental, mining, agriculture, healthcare, education and hospitality. Grierson replaces Brian LeBlanc in the role of CFO.

CFO Moves Canada – week ending August 30, 2019

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CFO Moves in Canada this week include:

Veremed Holdings Inc. Harvest One Cannabis Inc. Peeks Social Ltd.
Good Life Networks Inc. Silver Spruce Resources Inc. Parity Inc.
Plaza Retail REIT Batero Gold Corp. Buffalo Coal Corp.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Veremed Holdings Inc. [TORONTO] announced the appointment of Alexandre Penha as Chief Financial Officer. His past positions include VP, Corporate Development and member of the Board of Directors of Fertoz Limited. Mr. Penha has also been EVP, Corporate Development, director and chair of the Audit Committee of Search Minerals Inc.; VP, Corporate Development of Aura Minerals Inc.; General Manager, Corporate Development of Rio Novo Gold; and VP, Corporate Development of Rio Verde Minerals Development Corp. Mr. Penha also worked for more than seven years in corporate finance at several capital markets institutions based in Brazil.

Harvest One Cannabis Inc. [VANCOUVER] (TSX-V: HVT, OTCQX: HRVOF) announced the appointment of Aaron Wong as Chief Financial Officer (“CFO”). Chris Podolsky, Interim Chief Financial Officer, will remain in an advisory capacity to the Company for an appropriate period, to ensure a smooth CFO transition. Wong has over 15 years of finance leadership experience in public and private organizations including Seaspan Corporation, Teekay Corporation, and CHC Helicopter. Wong has been with Harvest One since December 2017, serving as Corporate Controller.

Peeks Social Ltd. [TORONTO] (TSX-V: PEEK, OTCQB: PKSLF) announced the appointment of Bill Lavin as the new interim Chief Financial Officer (CFO). Lavin has been a director of the Company since 2015 serving on the Audit committee throughout that time.  With his appointment as the interim CFO, Lavin will be stepping down from his duties on that committee. Peeks Social and Gaetano DiPietro, who was announced as CFO in May 2019.

Good Life Networks Inc. [Vancouver] (TSX-V: GOOD) announced that Andrew Osis has resigned as the Company’s Chief Financial Officer (“CFO”) to assume a strategic advisor role in GLN’s Repositioning Strategy. Mathew Lee has been appointed as the CFO. Lee has over ten years of experience in audit, finance, public company financial reporting and operations management. He began his career with Smythe LLP from January 2007 to December 2014. From December 2014 to November 2016, Mr. Lee was Manager of Operations for Raymond James Ltd. From November 2016 to November 2017, Lee served as Corporate Controller for AP Capital. Since November 2017, Mr. Lee has served as chief financial officer for multiple TSX-V and CSE listed companies with a focus on cannabis, mining, and technology.

Silver Spruce Resources Inc. [BRIDGEWATER, NS] (TSX-V: SSE) announced the passing of its CFO, Gordon Harold Barnhill.

Parity Inc. [TORONTO] announced the appointment of Ron Seftel as Chief Financial Officer. Ron is the former CEO of Bullfrog Power.

Plaza Retail REIT [FREDERICTON] announced the appointment of Jim Drake as its Chief Financial Officer (“CFO”), effective September 13, 2019. Mr. Drake has over 17 years of strategic and financial management experience at Plaza, most recently in his role as Vice-President, Finance. Drake’s appointment coincides with the retirement from Plaza of Floriana Cipollone, who has served as CFO since 2010.

Batero Gold Corp. [VANCOUVER] (TSX-V: BAT) announced that Patricia Barbotto has been appointed as the Company’s Chief Financial Officer. Barbotto currently holds the position of Financial Manager at Antioquia Gold Ltd. – Colombia Branch. Rodger Roden has resigned as the Chief Financial Officer of the Company.

Buffalo Coal Corp. [TORONTO] (TSX-V: BUF) announced that Graham Du Preez has agreed to replace Emma Oosthuizen as the Interim Chief Financial Officer (“CFO”) of the Company. Oosthuizen will continue to act as the Interim Chief Executive Officer of the Company. Graham has previously acted as Buffalo Coal’s CFO.

CFO Moves Canada – week ending August 23, 2019

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CFO Moves in Canada this week include:

CIBC Morneau Shepell Inc. Maple Leaf Foods, Inc.
Enerflex Ltd. Westport Fuel Systems Inc. Neptune Dash Technologies Corp.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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CIBC [TORONTO] (TSX: CM; NYSE: CM) announced that effective January 1, 2020, Kevin Glass, Senior Executive Vice-President and Chief Financial Officer, is retiring after 10 years with the bank.  He will continue to serve as CFO until October 31, 2019 and stay on as a special advisor during a transition period until his retirement. Hratch Panossian has been appointed Senior Executive Vice-President and Chief Financial Officer, effective November 1, 2019. Mr. Panossian is currently EVP, Global Controller and Investor Relations for CIBC, and has previously held key leadership roles in Treasury, Finance, and Corporate Strategy and Development, in addition to broad experience from the financial services and consulting sectors.

Grier Colter

Morneau Shepell Inc. [TORONTO] (TSX: MSI) announced Grier Colter has been appointed the Company’s Chief Financial Officer (CFO) and Executive Vice President, effective October 1, 2019. With Colter’s appointment, Scott Milligan will move to a role as Chief Corporate Officer and Executive Vice President.

Maple Leaf Foods, Inc. [MISSISSAUGA]  (TSX: MFI) announced that Debbie Simpson, Chief Financial Officer (CFO), has decided to leave her position effective November 1, 2019, following a transition period that will lead to the appointment of a new CFO. Simpson joined the Company 12 years ago and has served as Chief Financial Officer (CFO) for the last five years.

Enerflex Ltd. [CALGARY] (TSX: EFX) announced the appointment of Sanjay Bishnoi as Senior Vice President and Chief Financial Officer, effective September 9, 2019. Bishnoi will be joining Enerflex from Caprock Midstream, where he was the co-founder and Chief Financial Officer for five years. Prior to this role at Caprock Midstream, Bishnoi served as Managing Director for GE Corporate Ventures, and Vice President with GE Energy Financial Services Natural Resources platform. Bishnoi also held financial and operational roles with The Dow Chemical Company, El Paso Corporation, The Boston Consulting Group, and Imperial Oil Resources. Bishnoi will succeed Ben Park, current Interim Chief Financial Officer of Enerflex.

Westport Fuel Systems Inc. [VANCOUVER] (TSX: WPRT; NASDAQ: WPRT) announced the appointment of Richard Orazietti as Chief Financial Officer effective September 3, 2019. Prior to joining Westport Fuel Systems, he served as Senior Vice President, Treasurer of Goldcorp, Inc. Previously, he also held roles as Senior Vice President, Controller and Vice President, Internal Audit. Prior to Goldcorp, Orazietti served as Vice President, Finance at BCE Inc.

Neptune Dash Technologies Corp. [VANCOUVER] announced that Troy Wong has resigned as Director and Chief Financial Officer of the Company to pursue other ventures and Kalle Radage, COO, has been appointed to the board of directors and as Interim Chief Financial Officer of the Company.

CFO Moves Canada – week ending August 16, 2019

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CFO Moves in Canada this week include:

Sleep Country Canada Holdings Inc. You.i TV Intema Solutions Inc.
Upco International Inc. Surge Energy Inc.

Would you like to receive our weekly CFO Moves Canada blog directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist).

Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (514) 907-0925.

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Sleep Country Canada Holdings Inc. [TORONTO] (TSX: ZZZ) announced the appointment of Craig De Pratto as Chief Financial Officer, effective September 9, 2019. Craig held the position of Chief Financial Officer at Freshii from 2014 to 2019.   Craig has also held progressive positions of Vice-President of Finance and Administration and Director Finance and Administration at Freeze-Dry Foods Limited from 2011 to 2014. Craig also worked for BDO Canada LLP from 2006 to 2011.

Ken Taylor

You.i TV [OTTAWA] announced that Ken Taylor has joined the company as CFO. Taylor has accelerated growth plans and raised capital in CFO positions at March Networks, Proshred, BTI Systems, Yellow Pages, Optiva and the Ottawa Senators, in addition to serving as a longstanding chair of Audit and Governance Committees at Sandvine.

Intema Solutions Inc. [MONTREAL] (TSX-V: ITM.H, OTCMKTS: ITMZF) announced the appointment of Elise Vandoorne as Chief Financial Officer of the Corporation. For the last 10 years, she has worked as a consultant and has been actively involved in the management of several organizations. Prior to that, she held positions of Finance Director and Vice President, Finance, for Canadian and American companies.

Upco International Inc. [Vancouver] (CSE: UPCO, OTCQB: UCCPF) announced that it has appointed Ruy Ivaldi as the Chief Financial Officer. Ivaldi worked for the Grupo Clarin S.A. in Argentina for 20 years, mostly in the corporate finance and the strategic planning sector. He was the CFO for the Latam branch of the group for the last 6 years. Ivaldi also worked for over 8 years as an auditor in PriceWaterhouseCoopers.

Surge Energy Inc. [CALGARY] (TSX: SGY) announced the promotion of Jared Ducs to the office of Chief Financial Officer of the Company. Ducs has been the Vice President, Finance, of Surge since August 2018, and has been with Surge for over 9 years.