CFO Moves in Canada this week include:
|Canopy Growth Corporation||Mitel||Toromont Industries Ltd.|
|Fairfax Financial Holdings Limited||Liberty Health Sciences Inc.||Avricore Health Inc.|
|GreenSpace Brands||Detour Gold Corporation||Excellon Resources Inc.|
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Canopy Growth Corporation [SMITHS FALLS, ON] (TSX: WEED, NYSE: CGC) announced the appointment of Mike Lee to its executive leadership team in the acting role of Chief Financial Officer (CFO), effective June 1, 2019. Mike’s permanent role as CFO will commence upon receiving Health Canada security clearance required for all Officers and Directors of the Company. Lee worked for companies such as E. & J. Gallo Winery, PepsiCo, and recently Constellation Brands, where he served as Senior Vice President & CFO for their Wine & Spirits Division. Most recently, Mike has served in the role of Executive Vice President, Finance at Canopy Growth Corporation. Lee replaces Tim Saunders, who will continue to serve the executive team and Board of Directors of Canopy Growth as a strategic advisor.
Mitel [OTTAWA] announced the retirement of Chief Financial Officer Steve Spooner. Vanessa Kanu, Senior Vice President of Finance, will take over as Spooner’s successor, continuing her 15-year career with Mitel.
Fairfax Financial Holdings Limited [TORONTO] (TSX: FFH, FFH.U) announced that, David Bonham, Vice President and Chief Financial Officer of Fairfax, recently passed away. Fairfax has appointed John Varnell, Vice President, Corporate Development, to serve as Chief Financial Officer of Fairfax on an interim basis. Mr. Varnell previously served as the Chief Financial Officer of Fairfax on two occasions, as well as the Chief Financial Officer of Northbridge Financial Corporation and Fairfax India Holdings Corporation.
Liberty Health Sciences Inc. [TORONTO] (CSE: LHS, OTCQX: LHSIF) announced that Sheri Cholodofsky has been appointed Chief Financial Officer, subject to Florida Department of Health approval. Cholodofsky replaces Jeff Chan, Liberty’s Vice President, Finance who served as interim Chief Financial Officer following the previously announced resignation of Rene Gulliver as Chief Financial Officer effective April 14, 2019. Chan will resume his duties at Liberty as Vice President, Finance and will work closely with Cholodofsky during this transition period. Cholodofsky began her career in public accounting with global accounting firm BDO and then continued to hold the senior finance and accounting role for 14 years with Creative Staffing. In 2009 Cholodofsky joined Miami Air International where she worked for nine years in the aviation industry.
Avricore Health Inc. [Vancouver] (TSX-V: AVCR, OTCBB: AVCR) added Kevin Strong as Chief Financial Officer. Strong has over 11 years of experience as a senior regional manager in the finance sector, as well as over 11 years of experience as a Chief Financial Officer. His sector experience includes mining, insurance and oil & gas. Additionally, Kevin had served in management for the Winnipeg Stock Exchange (WSE) and TSX Venture Exchange (TSX-V). Strong is replacing Zula Kropivintski, Avicore’s outgoing CFO.
GreenSpace Brands [TORONTO] (TSX-V: JTR) announced that Stuart Pasternak has been hired as CFO of GreenSpace Brands. During his 30 year career, Mr. Pasternak has held senior finance and operations positions in both public and private companies of all sizes, including holding the titles of CFO, VP Business Development and Interim General Manager over the last 10 years of his career. Pasternak replace Cindy Leung, interim CFO.
Detour Gold Corporation [TORONTO] (TSX: DGC) announced the appointment of Jaco Crouse to the position of Chief Financial Officer, effective June 24, 2019. Most recently, he was Vice President Finance and Chief Financial Officer of Triple Flag Mining Finance Ltd. Prior to joining Triple Flag, he served as Vice President Business Planning and Optimization at Barrick Gold Corporation. Crouse started his career in mining in 2002 by joining Xstrata Alloys. He also fulfilled the role of Asset Manager at Glencore following its merger with Xstrata in 2013 and was responsible for integrating their nickel marketing offices.
Excellon Resources Inc. [TORONTO] (TSX: EXN, OTC: EXLLF) announced the resignation of Rupy Dhadwar from his position of Chief Financial Officer. Ronald Mariño, Vice President Finance, will serve as interim CFO.