CFO Moves Canada

Tracking CFO Movement Across Canada

CFO Moves Canada – week ending December 6, 2019

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CFO Moves in Canada this week include:

Desjardins Roots Sierra Wireless
Repare Therapeutics NFI Group Inc. NorZinc Ltd.
Obsidian Energy Ltd. Rapid Dose Therapeutics Corp. Dalmac Energy Inc.
Organic Garage Ltd. Canadian Metals Inc. Harborside 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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Alain Leprohon

Desjardins [MONTREAL] announced that Réal Bellemare, formerly Executive Vice-President of Finance, Treasury and Administration and Chief Financial Officer, has been promoted to the role of Senior Executive Vice-President and Chief Operating Officer of Desjardins. Bellemare will also be serving as interim Executive Vice-President of Information Technology. Alain Leprohon has been appointed Executive Vice-President of Finance, Treasury and Administration and Chief Financial Officer. Leprohon has been with Desjardins Group since 2002, holding a variety of finance roles over the years. He most recently served as Vice-President of Finance.

Roots [TORONTO] (TSX: ROOT) announced that Mona Kennedy has been named Chief Financial Officer, effective by the end of Q1 fiscal 2020. Kennedy is assuming the Chief Financial Officer role from Meghan Roach, Managing Director at Searchlight Capital Partners, who has been acting as Interim Chief Financial Officer since August 9, 2019. Kennedy joins Roots from Indigo Books & Music Inc. where she was Vice President, Finance. Prior to indigo, she was at Maple Leaf Food Inc., where she spent more than a decade, and held increasingly senior roles in areas including corporate strategy, strategy execution and financial planning and analysis.

Sierra Wireless [VANCOUVER] (NASDAQ: SWIR, TSX: SW) announced that Dave McLennan has decided it is time to retire as Chief Financial Officer (CFO). The Company expects to complete the transition by the middle of 2020.

Repare Therapeutics [CAMBRIDGE, MA and MONTREAL, QUEBEC] announced that Steve Forte is appointed as Executive Vice President & Chief Financial Officer. Forte was CFO of Clementia Pharmaceuticals until its recent sale to Ipsen. His experience includes nearly a decade at Aptalis Pharma Inc., where he was responsible for the overall corporate controllership function. Prior to Clementia, Steve was CFO of Thinking Capital Financial Corporation.

NFI Group Inc. [WINNIPEG] (TSX: NFI) announced the selection of Pipasu H. Soni as NFI’s next Chief Financial Officer (“CFO”).  Soni joins NFI as Executive Vice President, Finance in a transition role that will lead to him becoming Executive Vice President and CFO on or prior to March 30, 2020.  Soni will succeed Glenn Asham who is retiring after 28 years of service with the Company, fifteen of which were as CFO. Most recently, Pipasu served as an Officer of United States Steel Corporation in a variety of financial leadership roles including Vice President, Performance Management & Analytics, Vice President, Finance, and Interim CFO.  Prior to that, Pipasu held wide-ranging financial and strategy leadership roles in financial planning and analysis, global and divisional finance, business transformation, plant controllership, strategic planning, and corporate development at Pentair and Honeywell International. He began his career at Ingersoll-Rand in manufacturing and design engineering roles.

NorZinc Ltd. [VANCOUVER] (TSX: NZC; OTCQB: NORZF) announced the appointment of Peter Portka as Chief Financial Officer, to replace Trevor Cunningham, who will be leaving the Company to pursue new opportunities. Portka was most recently VP Finance of Quintana Resources Capital, a position he held since 2014. Prior to Quintana, Peter was Corporate Controller and Manager, Corporate Development at Sandstorm Gold Royalties.

Obsidian Energy Ltd. [CALGARY] (TSX: OBE, NYSE: OBE.BC) announced the appointment of Peter Scott as Senior Vice President and Chief Financial Officer, replacing David Hendry. Scott’s most recent public company role was Senior Vice President and Chief Financial Officer of Lightstream Resources Ltd.

Rapid Dose Therapeutics Corp. [BURLINGTON, Ontario] (CSE: DOSE) announced that Ian Fodie, the current Chief Financial Officer of the Corporation, has resigned with an ending date of December 10, 2019.  Effective December 11, 2019, Miles Nagamatsu will be re-joining the Corporation as the interim Chief Financial Officer.  Nagamatsu served as Chief Financial Officer of ACME Resources Inc., a predecessor corporation prior to the completion of that company’s reverse take-over transaction and business combination with Rapid Dose Therapeutics Inc.

Dalmac Energy Inc. [EDMONTON] (TSX-V: DAL) announced that Su Chun has resigned as the chief financial officer of Dalmac Energy Inc. John Babic, president and chief executive officer, will assume the responsibilities of chief financial officer on an interim basis.

Organic Garage Ltd. [TORONTO] (TSX-V: OG) announced that Nelson Lamb has been appointed as its new Chief Financial Officer. Since 2015, Lamb has been Manager of Accounting Services at PubCo Reporting Solutions. Lamb replaces Paul Mason, its previous Chief Financial Officer.

Canadian Metals Inc. [MONTRÉAL] (CSE: CME) announced the resignation of Patsie Ducharme as Chief Financial Officer.

Harborside Inc. [OAKLAND, CA and TORONTO, Ontario] (CSE: HBOR) announced that it has appointed Tom DiGiovanni as Chief Financial Officer. Keith Li will remain with the Company as the Vice President of Finance. DiGiovanni most recently was a founding partner and the CFO at Canndescent.  Prior to joining Canndescent, DiGiovanni served in multiple executive roles in finance and operations, including as CFO of Mainstream Energy.

CFO Moves Canada – week ending February 1, 2019

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CFO Moves in Canada this week include:

Granite Creek Copper Ltd. Champion Bear Resources Ltd. Founders Advantage Capital Corp.
Pipestone Energy Corp. GreenSpace Brands Inc. Rigel Technologies 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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Granite Creek Copper Ltd. [VANCOUVER] (TSX-V: GCX) announced the appointment of Mathew Lee to the role of Chief Financial Officer (“CFO”). Lee replaces Michael Rowley who has stepped down from his role as CFO for Granite Creek in order to concentrate on his responsibilities as President and CEO of fellow Metallic Group company, Group Ten Metals. Mr. Rowley will continue as a Director of Granite Creek.

Champion Bear Resources Ltd. [CALGARY] (TSX-V: CBA) announced the resignation of Audrey Och as Chief Financial Officer.

Founders Advantage Capital Corp. [CALGARY] (TSX-V: FCF) announced that it has appointed Ron Gratton as interim Chief Financial Officer. Gratton is an independent Board member of the company.

Pipestone Energy Corp. [CALGARY] (TSX-V: PIPE) announced the appointment of Craig Nieboer as Chief Financial Officer to be effective February 11, 2019. Nieboer most recently served as Chief Financial Officer of CES Energy Solutions Corp. since 2008. Nieboer replaces Eva Kiefer who has served as interim Chief Financial Officer.

GreenSpace Brands Inc. [TORONTO] (TSX-V: JTR) announced that Greg Guyatt, Chief Financial Officer, will be leaving the Company to pursue another senior finance opportunity.  GreenSpace appointed Cindy Leung, currently Vice President of Finance, to the position of Interim Chief Financial Officer.

Rigel Technologies Inc. [TORONTO] announced the appointment of John Langmuir as the Company’s Chief Financial Officer. Recently he was Corporate Controller for Dundee Energy Limited Partnership. Prior to joining Dundee, Mr. Langmuir provided independent Controllership and CFO services to a number of small and mid-market organizations for approximately 10 years. In addition, Mr. Langmuir has held the role of CFO at separate times for one of Canada’s largest fuel distribution companies and an emerging biotech company. He is also the CFO of Jubilee Gold Exploration Ltd. Langmuir will succeed Keith Li, who has served as the Company’s CFO since December 2017.

CFO Moves Canada – week ending March 23, 2018

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CFO Moves in Canada this week include:

TECSYS Inc. Hydrogenics Corporation Just Energy Group Inc.
Diamond Fields Resources Inc. Braingrid Corporation GT Gold Corp.
Strongbow Exploration Inc. Lucara Diamond Corp. Quinsam Capital 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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TECSYS Inc. (TSX: TCS) [MONTREAL] announced that Brian Cosgrove, the Company’s Chief Financial Officer, will resign to pursue other career opportunities. Mr. Cosgrove has informed TECSYS that he has accepted a position as Chief Financial Officer of a private-equity backed company. Mr. Cosgrove will continue in his role until April 20th, 2018 to ensure an orderly transition of his responsibilities. The Company will appoint Berty Ho-Wo-Cheong, Vice President, Mergers and Acquisitions and former CFO, to serve as TECSYS’s interim CFO until Mr. Cosgrove’s successor is in place.

Hydrogenics Corporation [MISSISSAUGA, Ontario] (NASDAQ: HYGS, TSX: HYG) announced that Bob Motz, the Company’s Corporate Secretary and Chief Financial Officer, has decided to retire from Hydrogenics effective May 11, 2018. The Company also announced that Marc Beisheim has been appointed as Mr. Motz’s successor.  Mr. Beisheim brings over 30 years’ experience to Hydrogenics, including within both the industrial and energy fields.  He was most recently Chief Financial Officer at The Canadian Press. Beisheim will join the Company effective Monday, April 9 and assume the role of Corporate Secretary & Chief Financial Officer effective Friday May 11.

Just Energy Group Inc. [TORONTO] (NYSE: JE, TSX: JE) announced that Patrick McCullough, Just Energy’s current CFO, will be appointed as President and CEO and will join the Board of Directors, effective April 1, 2018.  Jim Brown, the President of Just Energy’s commercial business, will replace Mr. McCullough as CFO as of April 1, 2018. Jim Brown joined Just Energy in April 2013 as a Senior Vice President responsible for commodity settlements.  Since April 2015, Jim has been the President of Hudson Energy, responsible for Just Energy’s commercial business.  Prior to joining Just Energy, he was the Vice President of Accounting and Finance for Gexa Energy, a subsidiary of Nextera Energy Inc. from March 2009.  Prior to that Mr. Brown was a Vice President of Accounting at Constellation Energy Resources Group from January 2007.  From 2000 until 2007, he held various roles in accounting and finance at other power and gas companies and for the eight years prior to 2000, Mr. Brown was an audit manager, with an emphasis on power and gas trading companies.

Diamond Fields Resources Inc. [Vancouver] (TSX-V: DFR) announced the appointment of Jean Lindberg Charles as Chief Financial Officer and Secretary of the Company. Charles replaces Earl Young who is stepping down as Chief Financial Officer and will continue in his new role as Vice President of Investor Relations. Prior to joining the Company he was CFO of Afritex. Prior to working for Afritex he was General Manager of Raphael Fishing Co. Ltd. Between 2005 and 2014 Mr. Charles held a number of senior positions, including CFO, at Sierra Rutile Limited. Mr. Charles started his career as an auditor and worked for companies including EY before joining Le Meridien Hotels and Resorts.

Braingrid Corporation [TORONTO] announced that it has appointed Douglas Harris as its Chief Financial Officer (“CFO”). Prior to joining Braingrid, Mr. Harris amassed over 25 years’ experience in corporate finance, private equity investing, business valuation and financial operations both as an executive and a board member.

GT Gold Corp. [VANCOUVER] (TSX-V: GTT) announced the departure of Mark Santarossa as Chief Financial Officer and Vice President, Corporate Development.  Mr. Santarossa will be remaining with the Company until the end of the month to assist with transitioning the role.  Paul Kania, currently serving as the Company’s Controller, will assume the Interim CFO position.

Strongbow Exploration Inc. [VANCOUVER] (TSX-V: SBW) announced the appointment of Glenn Kondo as Chief Financial Officer as of June 1, 2018. Kondo will replace Zara Boldt in this role, as Ms. Boldt will be leaving the Company to pursue other opportunities. Kondo was most recently with Lucara Diamond Corporation and prior to that with Anglo American. Based from London, England, Glenn will be an excellent addition to our management team.

Lucara Diamond Corp. [VANCOUVER] (TSX: LUC) announced that Zara Boldt will be assuming the role of Chief Financial Officer and Corporate Secretary of the Company. Glenn Kondo, Chief Financial Officer will be stepping down to pursue other opportunities. Most recently, Boldt served as the CFO & Corporate Secretary for Strongbow Exploration Inc.  In addition, she served as the CFO and Corporate Secretary of Kaminak Gold Corporation. Prior to Kaminak, Ms. Boldt served for 8 years as the Vice-President, Finance and Chief Financial Officer for Stornoway Diamond Corporation. Boldt is a director and Chair of the Audit Committee for Bluestone Resources Inc. and Gold Standard Ventures Corp.

Quinsam Capital Corporation [TORONTO] (CSE: QCA) announced that Keith Li has been appointed CFO of the Company. Prior to joining Quinsam, Li held the position of Manager of External Reporting with Sears Canada Inc. Li has replaced Bryan Knebel, who has resigned as CFO.