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Tracking CFO Movement Across Canada

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CFO Moves Canada – week ending October 4, 2019

Posted on October 7, 2019 Written by Samuel Dergel Leave a Comment

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.

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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: Absolute, Alphonse Ruggiero, Brian Moore, City View Green Holdings, Cordy Oilfield Services, Crystal Lake Mining Corporation, Darrick Evong, Eric Myung, Errol Olsen, Frank Kordy, Gunpowder Capital, HEXO Corp, Luke Caplette, Michael Monahan, Michal Holub, Nabis Holdings, Nicole Rusaw, Paul Haber, Ryan Mercier, Sabino Di Paola, Stephen Burwash, UrbanGold Minerals, Vatche Tchakmakian, Vibe Bioscience

CFO Moves Canada – week ending June 21, 2013

Posted on June 25, 2013 Written by Dergel CFO Admin Leave a Comment

CFO Moves in Canada this week include:

Nobel Real Estate Investment Trust Reliant Gold Corp. Cline Mining Corporation
Copper One Inc. Feronia Inc. Vancity
MCAN Mortgage Corporation EmberClear Corp. Central 1 Credit Union

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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Nobel Real Estate Investment Trust (TSX-V: NEL.UN) announced that Louis Lemire has been nominated as the REIT’s new Chief Financial Officer. He replaces Yves Maurais who was acting as Interim Chief Financial Officer of the REIT. Mr. Maurais will continue to act as a trustee of the REIT.

Reliant Gold Corp. (TSX-V: REC) announce the appointment of Art Hampson as the Corporation’s Chief Financial Officer. Mr. Hampson’s experience ranges from the corporate offices of George Weston Limited to the senior financial officer of small to medium sized TSX Venture Exchange listed corporations, with the past six years providing CFO services primarily to junior exploration companies. Hampson replaces Carmelo Marrelli as Reliant’s Chief Financial Officer.

Cline Mining Corporation (TSX: CMK) announced that it has appointed Paul Haber as its Chief Financial Officer and Corporate Secretary. Mr. Haber has been the Chief Financial Officer of various TSX and TSXV listed companies and also sits on the board of several public and private companies.

Copper One Inc. (TSX-V: CUO) announced the appointment of Deborah Battiston as Chief Financial Officer. The appointment of Ms. Battiston follows the resignation of Francois Laurin as Chief Financial Officer. At present, Battiston is the Chief Financial Officer of a number of Canadian public companies.

Feronia Inc. (TSX-V: FRN) announced that it has appointed David Steel as the Chief Financial Officer of the Company. Mr. Steel was previously the Director of Finance for Misys plc. He has also served as Group Financial Controller for Fuller, Smith & Turner plc. Steel will be replacing Danesh Varma as Chief Financial Officer of the Company.

Vancity announced Lisa Coltart as the credit union’s new Chief Financial Officer. Prior to joining Vancity, Lisa was an executive director at BC Hydro, responsible for Power Smart. Before that, she was the Finance vice president and secretary for the General Hydrogen Corporation, and held director-level positions with Crystal Decisions, and Fletcher Challenge Canada. She officially joins Vancity on August 6, 2013.

MCAN Mortgage Corporation (TSX: MKP) announced that Tammy Oldenburg has provided notice to the Company of her resignation as Vice President and Chief Financial Officer.  Ms. Oldenburg has been with the Company since 2002, and has acted in the capacity of Vice President and Chief Financial Officer since 2006.  Ms. Oldenburg will continue in her current role for a transitional period to August 30, 2013.  MCAN also announced today the appointment of Jeffrey Bouganim as MCAN’s new Vice President and as Chief Financial Officer effective August 31, 2013. Mr. Bouganim is currently the CFO of Xceed.  Prior to joining Xceed in 2010, Mr. Bouganim served as CFO for a Schedule I Chartered Bank in Canada and prior to that, Mr. Bouganim was the CFO of the brokerage and capital markets operations of another Schedule I Chartered Bank.

EmberClear Corp. announced that David Anderson, currently the Chief Financial Officer for the Company, will assume the duties of Chief Executive Officer. Raj Suri will remain President and assume the responsibilities of Chief Financial Officer.

Central 1 Credit Union announced that current Chief Financial Officer (CFO) and Senior Vice President (SVP) Strategy, Helen Blackburn, has been appointed Interim President & Chief Executive Officer (CEO), effective August 1. Prior to joining Central 1, Blackburn was SVP, Strategy and CFO at Credential Financial Inc. and Northwest & Ethical Investments

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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: Art Hampson, Carmello Marrelli, Central 1 Credit Union, Cline Mining, Copper One, Danesh Varma, David Anderson, David Steel, Deborah Battiston, EmberClear, Feronia, Francois Laurin, Helen Blackburn, Jeffrey Bouganim, Lisa Coltart, Louis Lemire, MCAN Mortgage Corporation, Nobel Real Estate Investment Trust, Paul Haber, Raj Suri, Reliant Gold, Tammy Oldenburg, VanCity, Yves Maurais

CFO Moves Canada – week ending May 31, 2013

Posted on June 3, 2013 Written by Dergel CFO Admin Leave a Comment

CFO Moves in Canada this week include:

Adex Mining Inc. Innovative Composites International Inc. Hodgins Auctioneers
Penfold Capital Acquisition IV Corp. Warnex Inc. Stetson Oil & Gas Ltd.
FairWest Energy Corporation NexGen Energy Ltd St. Joseph Communications

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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Adex Mining Inc. (TSX-V: ADE) announced that Doug Bolton has been appointed as the Interim Chief Financial Officer (“CFO”) of the Company. During his career in public accounting, Mr. Bolton spent over 25 years as a partner in an audit firm whose primary focus was the auditing of reporting issuers, which are involved in the extractive industries and listed on the TSX Venture Exchange.

Innovative Composites International Inc. (TSX-V: IC) announced that Sam Greiss has resigned as Chief Financial Officer and as a director of the company.

Hodgins Auctioneers (TSX-V: HA) announced the appointment of Scott G. Janke as Chief Financial Officer, replacing Karen Ingram.

Penfold Capital Acquisition IV Corp. (TSX-V: SEL) announces that Leslie Markow has resigned as CFO of SLM Logistics Corp.  The Company has engaged Paul Haber to be the Interim Chief Financial Officer.  Paul Haber is a Chartered Accountant and has served as the CFO of various TSX and TSX-V listed companies.

Warnex Inc. (TSX-V: WNX.H) announced that Jean Vézina, the Company’s interim Chief Financial Officer agreed to step down. Furthermore, Sean Karamchandani has been appointed as Director and will replace Mr. Vézina as the Company’s interim Chief Financial Officer until further notice.

Stetson Oil & Gas Ltd. (TSX-V: SSN) announced the appointment of Paul Bozoki as the Chief Financial Officer. Since October 2010, Mr. Bozoki has served as Chief Financial Officer of several junior resource companies listed on both the TSX and the TSX-V. The appointment of Mr. Bozoki follows the resignation of Sam Yik as Chief Financial Officer of Stetson.

FairWest Energy Corporation (TSX-V: FEC) announced that Marion Mackie has resigned as Chief Financial Officer of FairWest, however, pursuant to a court Order, Mrs. Mackie has been appointed as the Chief Restructuring Officer (“CRO”) for FairWest.

NexGen Energy Ltd. (TSX-V: NXE) announced that it has appointed Andriyko Herchak as Chief Financial Officer. Mr Herchak was most recently the Chief Financial Officer of Hathor Exploration Ltd. Mr Herchak replaces Bethany Kitto whose contribution to NexGen during its start-up phase has been greatly appreciated. Mrs Kitto will continue providing accounting support, reporting to Mr Herchak.

St. Joseph Communications noted the retirement of Tim Zahavich as CFO. Kin-Man Lee has been appointed as the new CFO. Mr. Lee was formerly CFO of Sun Media Corporation as well as Publisher & CEO of the Toronto Sun newspaper.

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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: Adex Mining, Andriyko Herchak, Bethany Kitto, Doug Bolton, FairWest Energy, Hodgins Auctioneers, Innovative Composites International, Jean Vezina, Kin-Man Lee, Leslie Markow, Marion Mackie, NexGen Energy, Paul Bozoki, Paul Haber, Penfold Capital Acquisition, Sam Greiss, Sam Yik, Scott Janke, Sean Karamchandani, St. Joseph Communications, Stetson Oil & Gas, Tim Zahavich, Warnex

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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