CFO Moves Canada

Tracking CFO Movement Across Canada

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

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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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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 May 31, 2019

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CFO Moves in Canada this week include:

AltaGas Ltd. Enerflex Ltd. Boston Pizza Royalties Income Fund
HEXO Corp Eagle Energy Inc. Cannabis One Holdings Inc.
Universal mCloud Corp. 1933 Industries Inc. Bunker Hill Mining Corporation
Founders Advantage Capital Corp. Reservoir Capital Corp. Sunniva 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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AltaGas Ltd. [CALGARY] (TSX: ALA) announced the appointment of D. James Harbilas as Executive Vice President and Chief Financial Officer, effective June 10, 2019. Mr. Harbilas will be joining AltaGas from Enerflex Ltd., where he has served as Executive Vice President and Chief Financial Officer for over 11 years. Prior to his leadership role at Enerflex Ltd., he also served as Vice President, Finance and Chief Financial Officer of Fortis Alberta Inc. AltaGas also announced that Tim Watson, the Company’s current Executive Vice President and Chief Financial Officer, will be leaving the Company. Mr. Watson will remain in his current role until June 9, 2019.

Enerflex Ltd. [CALGARY] (TSX: EFX) announced that D. James Harbilas, Executive Vice President and Chief Financial Officer (“CFO”), will resign effective June 7, 2019 to pursue another opportunity. Ben Park, Enerflex’s Vice President, Corporate Controller, has been appointed interim CFO.

Boston Pizza Royalties Income Fund [VANCOUVER] (TSX: BPF.UN) and Boston Pizza International Inc. announced that Michael E. Harbinson joined BPI as its Chief Financial Officer.  Harbinson will also be appointed a Director and the Chief Financial Officer of Boston Pizza GP Inc., the managing general partner of Boston Pizza Royalties Limited Partnership, administrator of the Fund, effective July 1, 2019 when Robert Kirincic, the Vice President, Finance of Treliving Management Services Ltd. (an affiliate of BPI), who has been serving as a Director and the Vice President, Finance of Boston Pizza GP Inc. on an interim basis, will step down.  The role of Chief Financial Officer at BPI has been vacant since December 31, 2018. Harbinson is a seasoned finance professional with over 15 years of experience in progressively senior finance roles at two other large Canadian restaurant operators and has extensive experience working in franchise systems.

HEXO Corp [GATINEAU, Quebec] (TSX: HEXO; NYSE-A: HEXO) announced the appointment of Michael Monahan as Chief Financial Officer (CFO). Most recently, Monahan served as CFO of Nutrisystem prior to its sale in March 2019. Before that, he was CFO of PetroChoice Holdings.

Eagle Energy Inc. [CALGARY] (TSX: EGL) announced that Brenda Galonski, Vice President, Finance and Controller of Eagle, will succeed Kelly Tomyn as Eagle’s Chief Financial Officer. Prior to joining Eagle, Ms. Galonski was the Vice President Finance and CFO of Coda Petroleum Inc., which Eagle acquired in 2015. Ms. Galonski initially assumed the role as Eagle’s Controller and later became its Vice-President, Finance.

Cannabis One Holdings Inc. [VANCOUVER and DENVER] (CSE: CBIS) announced that Theresa Mohan, currently Vice President of Finance with Cannabis One, has been appointed interim Chief Financial Officer (“CFO”) of the Company. Cannabis One’s current interim CFO, Ryan Atkins, will resign from his current role. Atkins will transition into the role of General Counsel for the Company, following Ms. Mohan’s interim CFO appointment.

Universal mCloud Corp. [VANCOUVER] (TSX-V: MCLD, OTCQB: MCLDF) announced the appointment of Chantal Schutz to Executive Vice President and Chief Financial Officer, effective upon the upcoming filing of the Company’s annual financial statements. Schutz brings over 20 years of financial and operating experience to the Company, having held leadership roles in both private and publicly traded companies of varying sizes and sectors. Ms. Schutz began her career articling for both KPMG and PwC, and most recently held the role of Chief Executive Officer at Vancouver-based NYCE Sensors. She currently sits on the board of Clean Seed Capital Group (CSX.V) and NYCE Sensors.

1933 Industries Inc. [VANCOUVER] (CSE: TGIF, OTCQX: TGIFF) announced the appointment of Steve Radusch as named Chief Financial Officer, taking over the position from Ryan Maarschalk. Radusch most recently served as CFO for a licensed cannabis company in Nevada. Mr. Radusch was the CFO of a start-up technology company. He has also served as acting CFO/Controller for divisions in both a $100+ billion Fortune 10 company and a $7 billion Fortune 500 company. Mr. Radusch’s appointment as CFO is effective June 17th, 2019.

Bunker Hill Mining Corporation [TORONTO] (CSE: BNKR) announced that effective Julio Di Girolomo is succeeded by Wayne Parsons as the Company’s Chief Financial Officer.

Founders Advantage Capital Corp. [CALGARY] (TSX-V: FCF) announced that Robin Burpee has been appointed Chief Financial Officer. Burpee has served as Controller of the Corporation since September, 2017. Prior to joining FAC, she worked at a major international accounting firm as a team member in the assurance group and spent several years preparing financial reporting for an international TSX listed company.

Reservoir Capital Corp. [Vancouver] (CSE: REO) announced the appointment of Bill Tsang as Chief Financial Officer (CFO).

Sunniva Inc. [VANCOUVER] (CSE: SNN,  OTCQB: SNNVF) announced the appointment of David Lyle as Chief Financial Officer, effective June 3, 2019, who will be based in California.  Mr. Lyle previously served as CFO at Maxwell Technologies, Inc. Maxwell was recently acquired by Tesla, Inc.  Mr. Lyle will be taking over for David Negus, Sunniva’s current CFO, who will transition to supporting the Company in a consulting role commencing at the end of June 2019.