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CFO Moves Canada – week ending April 6, 2018

Posted on April 9, 2018 Written by Samuel Dergel Leave a Comment

CFO Moves in Canada this week include:

Husky Energy Cenovus Energy Inc. Open Text Corporation
Current Water Technologies Inc. Vogogo Inc. Itafos

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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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Husky Energy [CALGARY] (TSX: HSE) announced that Jon McKenzie, Chief Financial Officer, has resigned. The Company’s Controller, Jeff Hart, has been appointed Acting CFO. Hart has worked for Husky for eight years, advancing through a series of senior financial roles. Prior to joining Husky, he worked for Statoil, Imperial Oil and Deloitte.

Cenovus Energy Inc. [Calgary] (TSX: CVE, NYSE: CVE) announced the appointment of Jonathan McKenzie as the company’s next Chief Financial Officer.  He will replace Ivor Ruste who, as previously announced, will retire on April 30, 2018. McKenzie comes to Cenovus from Husky Energy Inc. where he has been Chief Financial Officer since 2015. Previously, he worked at Irving Oil Ltd. in the roles of Chief Financial Officer and Chief Commercial Officer. Prior to Irving, McKenzie worked for 10 years at Suncor Energy Inc. where he held increasingly senior roles in finance and operations.

Madhu Ranganathan

Open Text Corporation [WATERLOO, Ontario] (NASDAQ: OTEX, TSX: OTEX) announced that Madhu Ranganathan joins OpenText as EVP, CFO. John Doolittle will remain with the company until September to help complete the transition. Prior to OpenText, Madhu served for more than 9 years as the Chief Financial Officer for [24]7.ai. Madhu started her career with Liberty Mutual Financial Services and has held senior financial roles at Rackable Systems, which became SGI and is now part of HPE and Redback Networks, a telecommunications equipment company acquired by Ericsson, Jamcracker, and Backweb Technologies. She also has public accounting experience with PriceWaterhouseCoopers LLC. Additionally, Madhu currently serves as Board Member and Audit Committee Chair for ServiceSource.

Current Water Technologies Inc. [Guelph, Ontario] (TSX-V: WATR) announced that Bertan Atalay will join the Company as its Chief Financial Officer and Director. Mr. Atalay has held leadership positions in public and private corporations in Canada and the USA, as well as in Europe. Following his engineering career at Golder Associates Ltd. of Canada, Atalay spent more than 25 years at Shell in Amsterdam and Enron in London in various capacities. Most recently, he was the co-founder and CFO of Europe’s first underground natural gas storage business in Germany, which was headquartered in the Netherlands.

Vogogo Inc. [CALGARY] (CSE: VGO) announced that Jordan Greenberg has joined the Company as its Chief Financial Officer. Prior to Vogogo, Mr. Greenberg was the CFO of Nuuvera Inc. Prior to Nuuvera, Mr. Greenberg spent two years as CFO of Dundee Agriculture, a wholly-owned subsidiary of Dundee Corp. , and twelve years as the CFO of Crawford Metal Corporation. Swapan Kakumanu has stepped down from his day-to-day responsibilities as CFO.

Itafos [TORONTO] (TSX-V: IFOS) announced that Rafael Rangel resigned as Chief Financial Officer and has appointed George Burdette to serve as Chief Financial Officer. Prior to joining Itafos, Rangel was head of Americas project finance at First Solar. Prior to First Solar, Mr. Burdette had a range of experience in private equity and corporate roles at both Zaff Capital and AEI.

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Filed Under: Calgary, Canada, CFO, CFO Search, Chief Financial Officer, CNSX, Executive Search, Fired, Hired, Montreal, Private Equity, Replaced, Resigned, Retained Search, Toronto, TSX, TSX-V, Vancouver, Venture Capital, Vice President Finance Tagged With: Bertan Atalay, Cenovus Energy, Current Water Technologies, George Burdette, Husky Energy, Itafos, Ivor Ruste, Jeff Hart, John Doolittle, Jonathan McKenzie, Jordan Greenberg, Madhu Ranganathan, Open Text, Rafael Rangel, Swapan Kakumanu, Vogogo

CFO Moves Canada – week ending April 17, 2015

Posted on April 20, 2015 Written by Samuel Dergel Leave a Comment

CFO Moves in Canada this week include:

Husky Energy

New Look Eyewear Inc.

Hatsize

Dominion Citrus

CTL Corp.

Canexus Corporation

Canadian Overseas Petroleum Limited

Avidus Management Group Inc.

Newton Energy Corporation

Pinetree Capital Ltd.

Karnalyte Resources 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.

CFO Moves Canada is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase). Samuel can be reached by email ats.dergel@stantonchase.com or by phone at +1 (514) 907-0925.

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Husky Energy announced the appointment of Jonathan McKenzie as Chief Financial Officer (CFO) effective April 27, 2015. McKenzie most recently served as Chief Commercial Officer of Irving Oil Ltd., based in Saint John, New Brunswick. Prior to joining Irving in 2011 as Chief Financial Officer, he held senior executive roles at Calgary-based Suncor Energy and also worked with Crestar Energy.

New Look Eyewear Inc. (TSX: BCI) announced the appointment of Derrick Giannoumis as Senior Vice President and Chief Financial Officer of the Company effective June 1st, 2015, replacing Jean-Luc Deschamps who had previously announced his retirement from New Look. Mr. Giannoumis is currently Chief Financial Officer and General Manager of the Greiche & Scaff division of New Look, a position he has occupied since October 2014, the date upon which New Look acquired Greiche & Scaff. Prior to that time, he occupied similar positions with the predecessor company.Ryan Hoult

Hatsize announced that it has hired Ryan Hoult as Chief Financial Officer. Prior to joining Hatsize, Ryan spent 5 years as the CFO of a family-owned group of companies in Calgary that assist businesses from around the world in raising capital from the prospectus-exempt markets in Canada.

Dominion Citrus Income Fund (TSX: DOM.UN) and Dominion Citrus Limited (TSX: DMN.PR.A) jointly announced that Ernie Collinson, their Chief Financial Officer has given notice of his resignation. To allow for an orderly transition, Mr. Collinson will remain with the Fund and DCL until either his successor is hired or May 10, 2015, whichever occurs first.

CTL Corp. announced that Andy Le has been appointed to the position of Chief Financial Officer (CFO) after serving as VP of Finance, Compliance & Analytics.

Canexus Corporation announced that Richard T. McLellan, Senior Vice President, Finance and Chief Financial Officer will be retiring from the Corporation, effective May 4, 2015. The company also announced the promotion of Dean R. Beacon from the position of Vice President, Strategy, Risk and Business Development to Senior Vice President, Finance and Chief Financial Officer, effective May 5, 2015. Mr. Beacon joined Canexus in March 2012 as Treasurer and Director, Risk Management. Prior to joining Canexus, he held similar senior positions responsible for treasury, finance, risk management and marketing. Mr. Beacon also brings experience from the banking industry, having previously worked at two of Canada’s major banks.

Canadian Overseas Petroleum Limited announced that Chris Mclean, the Company’s Chief Financial Officer, is taking a leave of absence for health reasons following a serious road traffic accident. Mr. Mclean remains a Director of the Company, but the Board has agreed that in his absence Kristin Obreiter will serve as Acting Chief Financial Officer. Ms. Kristin Obreiter has served as the Company’s Financial Controller since 2013.

Avidus Management Group Inc. (OTC: ASNHF) announced that Camille Transtrum has been appointed as the Company’s new Chief Financial Officer, replacing Pam Egan.

Newton Energy Corporation (NEX: NTN.H) announced that Art Bray has resigned as Chief Financial Officer. Merv Chia will act as Interim Chief Financial Officer.

Pinetree Capital Ltd. (TSX: PNP) announced the resignation of Gerry Feldman, the company’s Vice President Corporate Development & Chief Financial Officer. Carmelo Marrelli will be appointed as interim Chief Financial Officer. Mr. Marrelli is a principal of Marrelli Support Services Inc. He also acts as CFO for several other public companies.

Karnalyte Resources Inc. announced that it has appointed Thomas Pressello as Executive Vice-President & Chief Financial Officer in replacement of Ron Love, who has resigned. Most recently, Mr. Pressello has worked for his own finance advisory firm, Active Hedge Capital Inc. through which he served as an advisor and CFO for several private and public companies.

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Filed Under: Calgary, Canada, CFO, CFO Search, Chief Financial Officer, CNSX, Executive Search, Fired, Hired, Montreal, Private Equity, Replaced, Resigned, Retained Search, Toronto, TSX, TSX-V, Vancouver, Venture Capital, Vice President Finance Tagged With: Andy Le, Art Bray, Avidus Management Group, Camille Transtrum, Canadian Overseas Petroleum Limited, Canexus, Carmelo Marrelii, Chris Mclean, CTL Corp., Dean Beacon, Derrick Giannoumis, Dominion Citrus, Ernie Collinson, Gerry Feldman, Hatsize, Husky Energy, Jean-Luc Deschamps, Jonathan McKenzie, Karnalyte Resources, Kristin Obreiter, Merv Chia, New Look Eyewear, Newton Energy, Pam Egan, Pinetree Capital, Richard McLellan, Ron Love, Ryan Hoult, Thomas Pressello

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Samuel Dergel

Samuel is an Executive Search Consultant and CFO & Financial Executive Search Specialist.

Samuel and his team prepares this blog weekly so you can have one comprehensive source for CFO Moves across Canada. We track CFO Moves in our quest to be the most knowledgeable and up to date Executive Search firm focusing on the Chief Financial Officer.

If you are a company that would like help with your next CFO Hire, are a CFO that is looking to hire the right deputies for your team, or are a CFO looking for your next move, feel free to contact us.

Telephone: (514) 907-0925
Email: samuel@dergelcfo.com

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