CFO Moves Canada

Tracking CFO Movement Across Canada

CFO Moves Canada – week ending September 13, 2019

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CFO Moves in Canada this week include:

Russel Metals Inc. Chartwell Retirement Residences Stuart Olson Inc.
Milestone Pharmaceuticals Inc. Inventronics Limited Wolfpack Brands Corporation
Golden Leaf Holdings Ltd.

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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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Russel Metals Inc. [TORONTO] (TSX: RUS) announced that Executive Vice President and Chief Financial Officer, Marion E. Britton will retire in 2020.  Marion will remain with the Company during 2020 to ensure a smooth transition.

Chartwell Retirement Residences [MISSISSAUGA] (TSX: CSH.UN) announced the appointments of key Senior Executives to be effective March 16, 2020. Vlad Volodarski, the current Chief Financial Officer (“CFO”) and Chief Investment Officer (“CIO”), will succeed Mr. Binions as the Chief Executive Officer (“CEO”). Mr. Binions will continue to serve on Chartwell’s Board of Trustees after his retirement. Sheri Harris, Chartwell’s current Chief Administrative Officer (“CAO”), will be appointed CFO. Ms. Harris joined Chartwell in 2007 as Senior Vice President Finance and was promoted to CAO in 2013. She has 19 years of industry experience, including seven years in senior finance roles with Retirement Residences REIT.

Stuart Olson Inc. [CALGARY] (TSX: SOX, SOX.DB.A) announced the departure of Daryl Sands, Executive Vice President and Chief Financial Officer. The Company also announced the appointment of Dean R. Beacon as interim Chief Financial Officer. Beacon was previously Senior Vice President Finance and Chief Financial Officer of Canexus. Beacon joined Canexus in 2012 as Treasurer and Director, Risk Management, and then became the Vice President Strategy, Risk and Business Development in 2014, before being appointed Senior Vice President Finance and Chief Financial Officer in 2015. Prior to joining Canexus, Beacon held senior positions responsible for treasury, finance, risk management and marketing.

Milestone Pharmaceuticals Inc. [MONTREAL and CHARLOTTE, N.C.] (NASDAQ: MIST) announced the appointment of Amit Hasija as Chief Financial Officer and Executive Vice President of Corporate Development. Mr. Hasija most recently served as Chief Financial Officer and Chief Business Officer at Fulcrum Therapeutics. Prior to Fulcrum, he spent five years at Sanofi, most recently serving as Vice President of Integrated Care. While at Sanofi, he also served as Vice President of North America Pharmaceutical Business Development. Prior to joining Sanofi, Mr. Hasija spent more than a decade at Goldman Sachs, Credit Suisse and Deutsche Bank. He began his career at Merck as a Planning and Logistics Analyst and Operations Manager.

Inventronics Limited [CALGARY] (TSX-V: IVX) announced the appointment of Robert Brookwell as Inventronics’ Chief Financial Officer. Since 2016, Mr. Brookwell has been an independent financial and operations consultant. From April 2005 to June 2016, Mr. Brookwell served as Executive Vice President and Chief Financial Officer of Gemini Corporation. Brookwell has served as a director of Inventronics since February 2019.

Wolfpack Brands Corporation [VANCOUVER] announced that the Company has appointed Robert Suttie to serve as Chief Financial Officer. In addition to managing the group’s financial-statement team, Mr. Suttie also serves as Chief Financial Officer to a number of companies listed on the TSX and TSX Venture Exchanges. The Company also announced the resignation of Richard Buzbuzian as Chief Financial Officer, who will remain as President and Executive Chairman.

Golden Leaf Holdings Ltd. [TORONTO] (CSE: GLH, OTCQB: GLDFF) announced that the Company appointed Kate Koustareva as Interim CFO.

CFO Moves Canada – week ending August 9, 2019

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CFO Moves in Canada this week include:

Roots Fairfax Financial Holdings Limited Great Lakes Graphite Inc.
Scottie Resources Corp. Avricore Health 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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Roots [TORONTO] (TSX: ROOT) announced that Meghan Roach, Managing Director at Searchlight Capital Partners, has been appointed Interim Chief Financial Officer. Roach is joining Roots on an interim basis following the previously announced resignation of the Company’s Chief Financial Officer, effective August 9, 2019. Roach served on the Roots Board of Directors from 2015, when private investment firm, Searchlight Capital Partners acquired the Company, until Roots Initial Public Offering in October 2017. Roach is currently on the Boards of M&M Food Market and Wellington A and Wellington B, the principal shareholders of Hunter Boot Ltd.

Fairfax Financial Holdings Limited [TORONTO] (TSX: FFH,FFH.U) announced that Jennifer Allen has been appointed Chief Financial Officer of Fairfax.  John Varnell, who was previously serving as interim Chief Financial Officer of Fairfax, will continue serving as Vice President, Corporate Development of Fairfax. Jennifer has been with Fairfax for over 13 years, most recently serving as Vice President of Fairfax, and Chief Financial Officer of both Fairfax India Holdings Corporation (“Fairfax India”) and Fairfax Africa Holdings Corporation (“Fairfax Africa”).  Amy Sherk has been appointed Chief Financial Officer of Fairfax India and Fairfax Africa.  Amy has been with Fairfax for over 15 years, most recently serving as Assistant Vice President of Investment Accounting.

Great Lakes Graphite Inc. [TORONTO], doing business as NovoCarbon Corporation, (TSX-V:GLK, OTCQB:GLKIF) announced that Robert Suttie has resigned as the Company’s Chief Financial Officer.

Scottie Resources Corp. [VANCOUVER] (TSX-V: SCOT) announced the appointment of Annie Zou as Chief Financial Officer. Zou works with public companies in the resource, biopharmaceutical and technology industries. Zou replaces Brent Petterson.

Avricore Health Inc. [VANCOUVER] (TSXV: AVCR, OTC: AVCRF) announced the appointment of Kiki Smith to the role of Chief Financial Officer. Over the last 20 years, Kiki has served as accountant, corporate controller and chief financial officer and currently assists private and public companies in a variety of financial team roles. Kiki takes over these responsibilities from Kevin Strong.

CFO Moves Canada – week ending August 12, 2016

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CFO Moves in Canada this week include:

Gaz Métro Inc. Group Ten Metals Inc. Melcor Real Estate Investment Trust
ROI Land Investments Ltd. Metallum Resources Inc. American Lithium Corp.
Pivot Technology Solutions, 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.

NEW: 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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Gaz Métro Inc. [MONTRÉAL] announced that Pierre Despars, Executive Vice President, Corporate Affairs, and Chief Financial Officer, will retire. Éric Lachance, currently with the Caisse de dépôt et de placement du Québec, will join Gaz Métro at the beginning of 2017 and will be appointed the company’s Chief Financial Officer at the end of the transition period, during which time Mr. Despars will remain on board in his current role.

Group Ten Metals Inc. [VANCOUVER] (TSX-V: PGE) announced that Jody Bellefleur has resigned from the position of CFO.

Melcor Real Estate Investment Trust [EDMONTON] (TSX: MR.UN) announced that Naomi Stefura, the newly appointed Chief Financial Officer of Melcor Developments Ltd., has been appointed as Chief Financial Officer.

ROI Land Investments Ltd. [MONTREAL] (OTCQB: ROII) announced that Mohsen Maaouia has been appointed interim Chief Financial Officer in replacement of Slim Feriani, who has resigned. Mohsen has been a financial advisor for ROI since February 2016. Mohsen Maaouia spent 13 years working within several different audit and accounting firms, notably as a Manager at the Deloitte firm. Internationally, he has advised a large MENA group in planning subsidiaries for the agri-food sector, hotel industry, trading and services (Caterpillar, John Deere etc.).

Metallum Resources Inc. [HALIFAX] (TSX-V: MRV) announced the appointment of Rob Randall as Chief Financial Officer. He replaces Robert Suttie, who has been CFO for the past nine years. Mr. Randall was previously the Corporate Controller for Etruscan Resources Inc. and a principal with PricewaterhouseCoopers.

American Lithium Corp. [VANCOUVER] (TSX: LI) announced that Douglas Ford will join the board and assume the role of Chief Financial Officer. Mr. Ford is the former Chief Financial Officer and director of Rockgate Capital Corp. He has been the General Manager of Dockside Capital Group Inc.

Pivot Technology Solutions, Inc. [TORONTO] (TSX-V: PTG) announced that the Company has appointed Brian Kyle as its new CFO. Mr. Kyle joins Pivot from ALSA Capital Ltd, where he was partner and co-founder.  Prior to ALSA, Mr. Kyle spent 5 years at DH Corporation, where he was CFO.  Prior to this, he held a number of senior financial positions at Teranet.

CFO Moves Canada – week ending April 15, 2016

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CFO Moves in Canada this week include:

Sears Canada Inc. Lendful Axios Mobile Assets
People Corporation 9 Story Media Group Noble Mineral Exploration Inc.
Great Canadian Gaming Corporation Pivot Technology Solutions, 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.

NEW: 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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Sears Canada Inc. [TORONTO] (TSX: SCC) announced that E.J. Bird, Executive Vice-President and Chief Financial Officer (“CFO”), will be leaving the Company. Mr. Bird was appointed Executive Vice-President and Chief Financial Officer in June 2013 after serving in that role on an interim basis since March 2013.  He joined the Board of Directors in May 2006 and stepped down from the Board in November 2013 shortly after taking on the internal role on a permanent basis.

Lendful [VANCOUVER] has announced a new addition to their executive team, Mitch Salis. Salis was previously CFO of Thinking Capital.

Axios Mobile Assets [MISSISSAUGA] (TSX-V: AXA) announced the addition of Michael Cooke to its management team in the role of Chief Financial Officer. He most recently served as Senior Director, Business Planning & Strategy at Achievers Corp. Mr. Cooke began his career at KPMG before moving to marketing and analytics provider Adenyo Inc.

People Corporation [TORONTO] (TSX-V:PEO) announced that Dennis Stewner will be appointed as the Company’s Chief Financial Officer and Chief Operating Officer and that Keith McMahon will be stepping down as the current CFO. Most recently, Dennis was the Senior Vice-President for National Bank Financial. Prior to that, he was the CFO and COO for Wellington West Holdings Inc.Blake Tohana

9 Story Media Group [TORONTO] announced the appointment of Blake Tohana as Chief Financial Officer. Tohana most recently served as CFO at Tricon Films & Television. Prior to his role at Tricon, Tohana held the position of Executive Vice-President and CFO of Magna Entertainment Corp. (MEC).

Noble Mineral Exploration Inc. [TORONTO] (TSX-V: NOB) announced that Robert Suttie has been appointed Chief Financial Officer (“CFO”) of Noble. Mr. Suttie replaces Gaetan Chabot. Robert Suttie currently works with Marrelli Support Services as its Vice President.

Great Canadian Gaming Corporation [RICHMOND, BC] (TSX: GC) announced that Kiran Rao has resigned as the Company’s Chief Financial Officer.

Pivot Technology Solutions, Inc. [TORONTO] (TSX-V: PTG) announced that Kerri Brass, Pivot’s CFO, has decided to leave the Company.

CFO Moves Canada – week ending March 28, 2014

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CFO Moves in Canada this week include:

Maple Leaf Foods Penn West Petroleum Ltd. Timbercreek Senior Mortgage Investment Corporation
Canwealth Minerals Corporation Gossan Resources Limited Grenville Strategic Royalty Corp.
Solid Resources Ltd.

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 International). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (514) 907-0925.

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Maple Leaf Foods (TSX: MFI) announced that Debbie Simpson will succeed Michael Vels as Chief Financial Officer. For the past seven years, Debbie has held senior Finance roles at Maple Leaf. Mike will remain with the Company until the end of the year to lead the separation of the bakery business, the Maple Leaf organizational transition and support the transfer of his responsibilities to Debbie.

Penn West Petroleum Ltd. (TSX: PWT) announced that David Dyck has been appointed Senior Vice President and Chief Financial Officer (“CFO”) of Penn West effective May 1, 2014.  Mr. Dyck replaces Todd Takeyasu who is stepping down from the role. Mr. Dyck was most recently the CFO of a Calgary energy company focused on developing natural gas conversion projects combined with in-situ coal gasification technology.  Prior to that, David served as the President and Chief Operating Officer of Ivanhoe Energy Inc.  Mr. Dyck also founded and was the CEO of a capital advisory firm, and spent approximately seven years with Western Oil Sands Inc. as Senior Vice President, Finance and CFO. Jeff Curran, Vice President, Accounting & Reporting will fulfill the responsibilities of CFO in the interim period ensuring an orderly transition.

Timbercreek Senior Mortgage Investment Corporation (TSX: MTG) announced that it has appointed David Melo as Chief Financial Officer (“CFO”). Mr. Melo joined Timbercreek in November 2004 and is Managing Director, Finance and Chief Compliance Officer for the Timbercreek group of companies.

Canwealth Minerals Corporation and majority shareholder, ICBS Ltd., (OTC: ICBT) announced the appointment of Mr. Neji Jedda to the Board of Directors. Mr. Jedda is currently the Principal Director at the Federal Development Bank of Canada. He was formerly with the Toronto Dominion Bank of Canada, and is a graduate of the University of Montreal. Mr. Jedda will assume the position of Chief Financial Officer.

Gossan Resources Limited (TSX-V: GSS) has appointed Robert Suttie as the Company’s new Chief Financial Officer. Mr. Suttie currently works with Marrelli Support Services as its Vice President. He possesses almost 20 years of financial reporting experience, ten of which were in public accounting prior to his tenure with Marrelli Support Services. Mr. Suttie also serves as Chief Financial Officer for other junior mining companies. Mr. Suttie replaces Carmelo Marrelli as the Company’s Chief Financial Officer.

Grenville Strategic Royalty Corp. (TSX-V: GRC) announced that Mr. Donnacha Rahill has been appointed as the company’s new Chief Financial Officer, with Mr. Oleg Dubrovsky moving to the position of Controller. Prior to joining Grenville, Mr. Rahill spent over 20 years in various CFO and finance capacities, including as CFO of De Lage Landen’s Canadian subsidiary.

Solid Resources Ltd. (TSX-V: SRW) announced the appointment of Michael Nayyar to the position of Chief Financial Officer. Mr. Nayyar will succeed outgoing CFO Rick Gliege, who will continue to act as Chief Operating Officer, Director and Corporate Secretary. Mr. Nayyar has over 15 years of financial strategy and operational experience in a number of industries, including mining and exploration. He began his career with an international accounting firm.