HudBay Minerals Inc. (TSX: HBM) announced the appointment of Mr. David Garofalo as President and Chief Executive Officer and to the Board of Directors of the Company, effective July 12, 2010. Most recently, Mr. Garofalo served as Senior Vice President, Finance and Chief Financial Officer with Agnico-Eagle Mines Limited, where he has been employed since 1998. Mr. Garofalo is a graduate of the University of Toronto (B.Comm.) and a Chartered Accountant, and serves on the Board of Directors of York Central Hospital Foundation.
TransCanada (TSX: TRP) announced that Greg Lohnes, currently Executive Vice-President and Chief Financial Officer, is appointed to the role of President, Natural Gas Pipelines. TransCanada also announced that Don Marchand, currently Vice-President, Finance and Treasurer, is appointed to the role of Executive Vice-President and Chief Financial Officer.
Crombie Real Estate Investment Trust (TSX: CRR.UN) announced the appointment of Glenn Hynes CA, to the position of Chief Financial Officer and Secretary. Mr. Hynes previously held the position of Chief Financial Officer at the time of Crombie's establishment and initial public offering in 2006. Mr. Hynes also held the position of Executive Vice President and Chief Financial Officer of Sobeys Inc. from 2001 to 2004 and Executive Vice President & Chief Development Officer (2005-2006) and subsequently was appointed Executive Vice President and Chief Financial Officer of Gammon Gold Inc. Most recently, Mr. Hynes served as Chief Financial Officer and a Partner of Bluewave Energy Ltd, a national fuel distributor.
Magma Energy Corp. (TSX: MXY) announced that Ms. Sandra Lim will retire as Chief Financial Officer, and that Ms. Annette Cusworth has been appointed to replace Ms. Lim. Ms. Cusworth is a Chartered Accountant and joins Magma from a long career with a major Canadian public company, most recently as Vice President and Chief Accounting Officer.
Temple Real Estate Investment Trust (TSX-V: TR.UN) announced the appointment of Mr. Larry Beeston as Chief Financial Officer, replacing Mr. John Liddle, CGA. Mr. Beeston, CA, is the Senior Manager - Financial Reporting for Shelter Canadian Properties Limited. Mr. Beeston has been employed by Shelter Canadian Properties Limited for most of his career. He has also held other senior positions, including Chief Financial Officer of a TSX listed real estate investment trust for five years and Vice President - Finance and Chief Financial Officer of a real estate and management company for seven years. Mr. Beeston obtained his Chartered Accountant designation in 1980 and holds a Bachelor of Commerce degree from the University of Manitoba.
Goldsource Mines Inc. (TSX-V: GXS, FRANKFURT: G5M) announced the appointment of Barney Magnusson as Chief Financial Officer, replacing Graham Thody as Chief Financial Officer. Mr Thody will continue to serve as Director. Mr. Magnusson is a former Senior Officer and Director of three mining companies that developed producing mines: Dayton Mines Inc. (Chile), High River Gold Mines Ltd. (Manitoba, Canada) and Brohm Resources Inc. (South Dakota, USA).
Madalena Ventures Inc. (TSX-V: MVN, announced that Mr. Anthony Potter, Chief Financial Officer of the Company, was elected by the shareholders to join the Board of Directors.
Wescast Industries Inc. (TSX: WCS.A) announced the appointment of Teresa Fortney to the position of Chief Financial Officer. Ms. Fortney holds a Bachelor of Mathematics from the University of Waterloo, is a CMA and a Fellow of the Society of Management Accountants.
Augen Gold Corp. (TSXV:GLD) announced that Manish Z. Kshatriya, CA, has resigned as Chief Financial Officer of the Company, and that Carmelo Marrelli, CA, has been appointed as Chief Financial Officer. Mr. Marrelli holds a Bachelor of Commerce degree from the University of Toronto and is a qualified Chartered Accountant and Certified General Accountant.
Triple 8 Energy Ltd. (TSX-V:TEE) announced the appointment of Doug Bailey as Chief Financial Officer. For the past 6 years Mr. Bailey has taken on senior roles in the junior oil and gas sector including involvement in the financing, merging and dispositions, and restructurings of numerous junior entities. Concurrently Mr. Bailey has served as the Chief Financial Officer of Canadian Phoenix Resources Corp.
Stem Cell Therapeutics Corp. (TSX-V: SSS) As part of an announced cost cutting program, the employment contracts for Barry Herring, the current CFO has been terminated effective June 30, 2010. Mr. Herring, has agreed to stay on with the Company in his current capacity on a consulting basis for the following six months to assist the Company in its attempt to maximize the value of its intellectual property.
Copper Ridge Explorations Inc. (TSX-V: KRX) announced that Justin Blanchet has been appointed as Chief Financial Officer. Mr. Blanchet is a Chartered Accountant who was formerly a public accountant with Davidson & Company LLP. He has served as Controller for Golden Predator Corp. and EMC Metals Corp. since February 2010. Mr. Michael O'Brien who previously held the position of Chief Financial Officer will continue with the Company in an advisory capacity.
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Monday, June 28, 2010
Monday, June 21, 2010
Canadian CFO’s on the Move – week ended June 18, 2010
Palliser Oil & Gas Corporation (TSX-V: PXL) announced this week the appointment of Ivan J. Condic to the position of Vice President, Finance & Chief Financial Officer. Prior to joining Palliser, Mr. Condic was the Controller at an active Canadian junior oil producer. Prior thereto, he held positions with oil service and pipeline companies and KPMG.
Cymat Technologies Ltd. (TSX: CYM) announced the resignation of Trevor Sandler, the Company’s VP & CFO, effective July 2, 2010. Mr. Sandler will stay on to complete our year-end activities and AGM preparation prior to him joining his new company.
Sprott Power Corp. (SPC) announced that Martin Lim is joining the company as CFO. SPC has recently announced its formation, after the completion of an initial capital raise of approximately $20 million and its merger with Renewable Energy Developers LP ("ReD"), a private renewable energy company. SPC is a privately held Canadian company dedicated and committed to the acquisition, development and financing of renewable energy projects. SPC will be managed by Sprott Power Consulting LP ("SPCLP"), a newly-formed entity of which Sprott Consulting LP, a business unit of Sprott Inc. (TSX:SII), is the sole limited partner.
Blackline GPS Corp. (TSX-V: BLN) announced the appointment of Paula Kaner as Chief Financial Officer. Ms. Kaner succeeds Randy Henderson who departs to pursue the increasing demands of his consulting practice.
Gazit America Inc. (TSX: GAA) announced the appointment of Ms. Lenis W. Quan as Chief Financial Officer of the corporation effective July 5, 2010. Ms. Quan replaces John Todd, who was interim CFO. Prior to joining Gazit, Ms. Quan worked as a consultant, as well as at Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) for 10 years in a number of progressive positions, most recently as Vice-President, Corporate Development and Treasury with Brookfield Homes Corporation (NYSE: BHS). Ms. Quan is a Chartered Accountant and received her initial training at Deloitte & Touche LLP.
Eurogas Corporation (TSX-V:EUG) announced the appointment of Mr. David Bhumgara as Chief Financial Officer of the Company replacing Ms. Lucie Presot. Mr. Bhumgara is a CA, CA-IT with over 16 years experience in financial reporting, budgeting, and IT. He was previously Controller – Resource Division for Dundee Corporation and has served with KPMG before assuming senior finance positions with public and private companies prior to joining Dundee Corporation.
Cyrium Technologies Inc., an Ottawa based venture backed company, in the area of advanced concentrator photovoltaic (CPV) cell solutions for the solar industry, announced the appointment of Alan L. McKinnon, Jr., is named Vice-President and Chief Financial Officer, replacing Steven Neal, who had filled the role during the interim transition period. McKinnon joins Cyrium from Vietnam Chipscale Advanced Packaging Services where he was Chief Financial Officer. Prior to this Mckinnon was with The Garrett Group of San Francisco, where since 2002 he had been senior vice president responsible for global structured financial advisory efforts.
Celeste Copper Corporation (TSX-V: C.V) announced the resignation of Mr. Tomasz Kedzierski as CFO of the Corporation for personal reasons.
Crombie Real Estate Investment Trust (TSX: CRR.UN) announced that Scott Ball has left his position with Crombie REIT as Chief Financial Officer.
Next Alternative, Inc., an Ottawa based Company (Frankfurt: N4H), announced that Bob Daly has been appointed as the firm's Chief Financial Officer. Recently, Bob held CFO positions with Klocwork and Espial where he led a successful IPO on the TSX. Daly has held a number of other senior financial roles with Ottawa-based companies including Cognos, Inc. and the Ottawa Senators Hockey Club.
Source Exploration Corp. (TSX-V: SOP) announced the appointment of Steve Filipovic, CA as interim Chief Financial Officer. Mr. Filipovic replaces Matthew Kavanagh who has resigned from the Company.
YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) announced that current CEO John Heaven will continue his role with the Company as President, Director and will also assume the role of Chief Financial Officer.
Blugrass Energy, Inc., a Calgary based Company, (OTC.BB: BLUG) is pleased to announce that they have appointed Jeff Dunphy as the Chief Financial Officer of the Company. Prior to joining Bluegrass, Jeff worked at Salman Partners, and Octagon Capital Corporation in Calgary. Mr. Dunphy has replaced Ms. Grace Sutherin who has resigned as Chief Financial Officer and as Director of the company to pursue other career opportunities.
Tango Energy Inc. (TSX-V: TEI) which, pursuant to shareholder approval was renamed Tamarack Valley Energy Ltd., has named Mr. Ron Hozjan as Chief Financial Officer. Most recently he was the Chief Financial Officer Financial Officer at Vaquero Resources Ltd. which was and Director acquired by RMP Energy Ltd. Prior to that he was the Vice President Finance and Chief Financial Officer at Vaquero Energy Ltd. which grew successfully before merging with Highpine Oil & Gas Limited.
TransAlta Corporation (TSX: TA; NYSE: TAC), today announced that Brett Gellner has been appointed Chief Financial Officer. Mr. Gellner succeeds Brian Burden, who has made a personal decision to retire from the company. Mr. Burden will assist Mr. Gellner with the transition through September 30, 2010. Mr. Gellner joined TransAlta in 2008 after 12 years with CIBC World Markets, where he was co-head of the Power & Utilities Group. Prior to CIBC, Mr. Gellner held senior roles in the corporate planning and development group at MacMillan Bloedel Ltd.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Cymat Technologies Ltd. (TSX: CYM) announced the resignation of Trevor Sandler, the Company’s VP & CFO, effective July 2, 2010. Mr. Sandler will stay on to complete our year-end activities and AGM preparation prior to him joining his new company.
Sprott Power Corp. (SPC) announced that Martin Lim is joining the company as CFO. SPC has recently announced its formation, after the completion of an initial capital raise of approximately $20 million and its merger with Renewable Energy Developers LP ("ReD"), a private renewable energy company. SPC is a privately held Canadian company dedicated and committed to the acquisition, development and financing of renewable energy projects. SPC will be managed by Sprott Power Consulting LP ("SPCLP"), a newly-formed entity of which Sprott Consulting LP, a business unit of Sprott Inc. (TSX:SII), is the sole limited partner.
Blackline GPS Corp. (TSX-V: BLN) announced the appointment of Paula Kaner as Chief Financial Officer. Ms. Kaner succeeds Randy Henderson who departs to pursue the increasing demands of his consulting practice.
Gazit America Inc. (TSX: GAA) announced the appointment of Ms. Lenis W. Quan as Chief Financial Officer of the corporation effective July 5, 2010. Ms. Quan replaces John Todd, who was interim CFO. Prior to joining Gazit, Ms. Quan worked as a consultant, as well as at Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) for 10 years in a number of progressive positions, most recently as Vice-President, Corporate Development and Treasury with Brookfield Homes Corporation (NYSE: BHS). Ms. Quan is a Chartered Accountant and received her initial training at Deloitte & Touche LLP.
Eurogas Corporation (TSX-V:EUG) announced the appointment of Mr. David Bhumgara as Chief Financial Officer of the Company replacing Ms. Lucie Presot. Mr. Bhumgara is a CA, CA-IT with over 16 years experience in financial reporting, budgeting, and IT. He was previously Controller – Resource Division for Dundee Corporation and has served with KPMG before assuming senior finance positions with public and private companies prior to joining Dundee Corporation.
Cyrium Technologies Inc., an Ottawa based venture backed company, in the area of advanced concentrator photovoltaic (CPV) cell solutions for the solar industry, announced the appointment of Alan L. McKinnon, Jr., is named Vice-President and Chief Financial Officer, replacing Steven Neal, who had filled the role during the interim transition period. McKinnon joins Cyrium from Vietnam Chipscale Advanced Packaging Services where he was Chief Financial Officer. Prior to this Mckinnon was with The Garrett Group of San Francisco, where since 2002 he had been senior vice president responsible for global structured financial advisory efforts.
Celeste Copper Corporation (TSX-V: C.V) announced the resignation of Mr. Tomasz Kedzierski as CFO of the Corporation for personal reasons.
Crombie Real Estate Investment Trust (TSX: CRR.UN) announced that Scott Ball has left his position with Crombie REIT as Chief Financial Officer.
Next Alternative, Inc., an Ottawa based Company (Frankfurt: N4H), announced that Bob Daly has been appointed as the firm's Chief Financial Officer. Recently, Bob held CFO positions with Klocwork and Espial where he led a successful IPO on the TSX. Daly has held a number of other senior financial roles with Ottawa-based companies including Cognos, Inc. and the Ottawa Senators Hockey Club.
Source Exploration Corp. (TSX-V: SOP) announced the appointment of Steve Filipovic, CA as interim Chief Financial Officer. Mr. Filipovic replaces Matthew Kavanagh who has resigned from the Company.
YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) announced that current CEO John Heaven will continue his role with the Company as President, Director and will also assume the role of Chief Financial Officer.
Blugrass Energy, Inc., a Calgary based Company, (OTC.BB: BLUG) is pleased to announce that they have appointed Jeff Dunphy as the Chief Financial Officer of the Company. Prior to joining Bluegrass, Jeff worked at Salman Partners, and Octagon Capital Corporation in Calgary. Mr. Dunphy has replaced Ms. Grace Sutherin who has resigned as Chief Financial Officer and as Director of the company to pursue other career opportunities.
Tango Energy Inc. (TSX-V: TEI) which, pursuant to shareholder approval was renamed Tamarack Valley Energy Ltd., has named Mr. Ron Hozjan as Chief Financial Officer. Most recently he was the Chief Financial Officer Financial Officer at Vaquero Resources Ltd. which was and Director acquired by RMP Energy Ltd. Prior to that he was the Vice President Finance and Chief Financial Officer at Vaquero Energy Ltd. which grew successfully before merging with Highpine Oil & Gas Limited.
TransAlta Corporation (TSX: TA; NYSE: TAC), today announced that Brett Gellner has been appointed Chief Financial Officer. Mr. Gellner succeeds Brian Burden, who has made a personal decision to retire from the company. Mr. Burden will assist Mr. Gellner with the transition through September 30, 2010. Mr. Gellner joined TransAlta in 2008 after 12 years with CIBC World Markets, where he was co-head of the Power & Utilities Group. Prior to CIBC, Mr. Gellner held senior roles in the corporate planning and development group at MacMillan Bloedel Ltd.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Monday, June 14, 2010
Canadian CFO’s on the Move – week ended June 11, 2010
Lion Energy Corp. (TSX-V: LEO) announced that John R. Nelson, previously Vice-President, Exploration and Interim Chief Financial Officer, has recently become the Company's new President and Chief Executive Officer. Kevin Elliott has been appointed the Company's Chief Financial Officer with 25 years of diverse experience in Canadian and international oil and gas industries covering exploration, production and downstream operations in Canada and internationally. Prior to joining the Company, Mr. Elliott held positions with BP, Gulf, Nexen, Petro-Canada and Tarim Resources.
Bell Copper Corporation (TSX-V: BCU) is pleased to introduce Timothy Lallas as the Company's new Chief Financial Officer. Mr. Lallas has worked previously in the Canadian Resource sector with Thompson Creek Metals Company Inc., Goldcorp Inc. and Teck Cominco Ltd. His most recent post was VP of Finance and CFO of Greystar Resources Limited.
Immunovaccine Inc. (TSX-V: IMV) announced the departure of its Chief Financial Officer, Mr. Gary Dodge.
Xerox Corp. says it has appointed Mandy Shapansky as president, chief executive and chairman of its Xerox Canada division, effective July 1. Ms. Shapansky, a chartered accountant, replaces Kevin Warren, who will become president of Xerox's U.S. Solutions group based at the company's Rochester, N.Y. offices. Ms. Shapansky had been chief financial officer and chief of staff for Xerox Canada. She joined the company 25 years ago.
The Brick Group Income Fund (TSX: BRK.UN) announced that David Merkley has been appointed Chief Financial Officer. Mr. Merkley is a Certified Management Accountant with more than 30 years of Canadian retail experience with Sears Canada Inc., listed on the Toronto Stock Exchange. Most recently he served as Senior Vice President and Chief Financial Officer.
TimberWest Forest Corp. (TSX: TWF.UN) is pleased to announce the appointment of Robert (Bob) Allen to the position of Vice President Finance and Chief Financial Officer. Mr. Allen is the former Chief Financial Officer of Ainsworth, where he worked for some six years. He has also occupied senior roles at Skeena and Western Forest Products. He started his career in 1986 with PriceWaterhouseCoopers, where he worked for five years as Senior Audit Supervisor.
INV Metals Inc. (TSX: INV) announced the appointment of Ms. Candace MacGibbon to the position of President and Chief Financial Officer, a promotion from her previous position as Vice President and Chief Financial Officer.
Pure Energy Visions Corporation (TSX-V: PEV) announced that Michael Hays has resigned as CFO of PEV and will continue as a consultant to the company. Mr. Hays will be replaced on an interim basis by CEO, Paul W Simmonds.
Devine Entertainment Corporation (NASDAQ OTCBB:DVNNF), announced that its directors and officers have resigned, including Richard Mozer, the Company’s Vice-Chairman and CFO.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Bell Copper Corporation (TSX-V: BCU) is pleased to introduce Timothy Lallas as the Company's new Chief Financial Officer. Mr. Lallas has worked previously in the Canadian Resource sector with Thompson Creek Metals Company Inc., Goldcorp Inc. and Teck Cominco Ltd. His most recent post was VP of Finance and CFO of Greystar Resources Limited.
Immunovaccine Inc. (TSX-V: IMV) announced the departure of its Chief Financial Officer, Mr. Gary Dodge.
Xerox Corp. says it has appointed Mandy Shapansky as president, chief executive and chairman of its Xerox Canada division, effective July 1. Ms. Shapansky, a chartered accountant, replaces Kevin Warren, who will become president of Xerox's U.S. Solutions group based at the company's Rochester, N.Y. offices. Ms. Shapansky had been chief financial officer and chief of staff for Xerox Canada. She joined the company 25 years ago.
The Brick Group Income Fund (TSX: BRK.UN) announced that David Merkley has been appointed Chief Financial Officer. Mr. Merkley is a Certified Management Accountant with more than 30 years of Canadian retail experience with Sears Canada Inc., listed on the Toronto Stock Exchange. Most recently he served as Senior Vice President and Chief Financial Officer.
TimberWest Forest Corp. (TSX: TWF.UN) is pleased to announce the appointment of Robert (Bob) Allen to the position of Vice President Finance and Chief Financial Officer. Mr. Allen is the former Chief Financial Officer of Ainsworth, where he worked for some six years. He has also occupied senior roles at Skeena and Western Forest Products. He started his career in 1986 with PriceWaterhouseCoopers, where he worked for five years as Senior Audit Supervisor.
INV Metals Inc. (TSX: INV) announced the appointment of Ms. Candace MacGibbon to the position of President and Chief Financial Officer, a promotion from her previous position as Vice President and Chief Financial Officer.
Pure Energy Visions Corporation (TSX-V: PEV) announced that Michael Hays has resigned as CFO of PEV and will continue as a consultant to the company. Mr. Hays will be replaced on an interim basis by CEO, Paul W Simmonds.
Devine Entertainment Corporation (NASDAQ OTCBB:DVNNF), announced that its directors and officers have resigned, including Richard Mozer, the Company’s Vice-Chairman and CFO.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Monday, June 7, 2010
Canadian CFO’s on the Move – week ended June 4, 2010
Rainy River Resources Ltd. (TSX-V: RR) announced the appointment of Nicholas J. Nikolakakis as Vice President and Chief Financial Officer of the Company. He succeeds James Grinnell, who will continue to serve as Rainy River's Controller.
The Caisse de dépôt et placement du Québec (one of the leading institutional fund managers in Canada) announced the departure of Ghislain Parent, Executive Vice-President and Chief Financial Officer. The search for a replacement has been under way for some time, and an appointment for this position will be announced shortly. In the meantime, Michael Sabia, President and Chief Executive Officer, will continue to handle these responsibilities.
Gee-Ten Ventures Inc. (TSX-V: GTV) has announced that Pierre Barnard has been appointed as interim CFO.
Stream Oil & Gas Ltd. (TSX-V: SKO) announced the appointment of James Hodgson to the position of Chief Financial Officer. Until recently Mr. Hodgson was the CEO of United Oil Projects in Kuwait and has held senior management and executive positions with Kuwait Foreign Petroleum Exploration Company, Qatar Petroleum, PanCanadian Petroleum (Encana) and Esso (Exxon) Canada.
Mullen Group Ltd. (TSX: MTL) announced that David E. Olson has advised Mullen of his intention to retire as Vice President, Finance and Chief Financial Officer of Mullen effective July 31, 2010 after more than 25 years of service with the Mullen organization.
NioGold Mining Corporation (TSX-V: NOX) announced the appointment of Jonathan Richards as Chief Financial Officer effective June 1, 2010. Mr. Richards was previously an audit manager at a premier Canadian chartered accountant firm where he specialized in the mining industry.
Sea Dragon Energy Inc. (TSX-V: SDX) announced the appointment of Olivier Serra as Chief Financial Officer. Mr. Serra has 17 years of investment banking experience previously heading the Europe, Midde East and Africa (EMEA) Oil and Gas Department of BNP Paribas.
West Kirkland Mining Inc. (TSX-V: WKM) announced the appointment of Frank Hallam, a director of the Company, as CFO.
Spitfire Energy Ltd. (TSX-V: SEL) and Whitecap Resources Inc. (currently a private company) have announced that subject to a reorganization and investment agreement, the New Management Group will be appointed upon the completion of the Agreement. Thanh Kang will be the Vice President Finance & Chief Financial Officer of the New Company.
Reitmans Canada Ltd. (TSX: RET) announced that its Board of Directors has appointed Eric Williams, C.A. has been appointed Vice-President, Finance and Chief Financial Officer.
U3O8 Corp. (TSX-V: UWE) appointed John Ross as Chief Financial Officer, effective June 4, 2010. Mr. Ross previously served as Chief Financial Officer of Colossus Minerals Inc, Cronus Resources Ltd., FNX Mining Co. and IAMGold Corp.
Ballard Power Systems (TSX: BLD) announced that Bruce Cousins, the company's CFO, is leaving to pursue other career interests and, effective June 14, Tony Guglielmin will join the company as Chief Financial Officer. Mr. Guglielmin was most recently CFO at Canada Line Rapid Transit Inc. Before that role Mr. Guglielmin served as Corporate Treasurer at BC Hydro and in a series of VP-level financial leadership roles at Finning International.
Terra Ventures Inc. (TSX-V: CAS) and Terrex Energy Inc. announced, that following finalization of the previously announced spin-out of Terrex, Norman G. Knecht has been appointed VP Finance and CFO of Terrex Energy Inc. Mr. Knecht was VP Finance & CFO of Compton Petroleum Corporation a TSX and NYSE listed company from 1997 through 2008 prior to which he was a partner with a national accounting firm.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
The Caisse de dépôt et placement du Québec (one of the leading institutional fund managers in Canada) announced the departure of Ghislain Parent, Executive Vice-President and Chief Financial Officer. The search for a replacement has been under way for some time, and an appointment for this position will be announced shortly. In the meantime, Michael Sabia, President and Chief Executive Officer, will continue to handle these responsibilities.
Gee-Ten Ventures Inc. (TSX-V: GTV) has announced that Pierre Barnard has been appointed as interim CFO.
Stream Oil & Gas Ltd. (TSX-V: SKO) announced the appointment of James Hodgson to the position of Chief Financial Officer. Until recently Mr. Hodgson was the CEO of United Oil Projects in Kuwait and has held senior management and executive positions with Kuwait Foreign Petroleum Exploration Company, Qatar Petroleum, PanCanadian Petroleum (Encana) and Esso (Exxon) Canada.
Mullen Group Ltd. (TSX: MTL) announced that David E. Olson has advised Mullen of his intention to retire as Vice President, Finance and Chief Financial Officer of Mullen effective July 31, 2010 after more than 25 years of service with the Mullen organization.
NioGold Mining Corporation (TSX-V: NOX) announced the appointment of Jonathan Richards as Chief Financial Officer effective June 1, 2010. Mr. Richards was previously an audit manager at a premier Canadian chartered accountant firm where he specialized in the mining industry.
Sea Dragon Energy Inc. (TSX-V: SDX) announced the appointment of Olivier Serra as Chief Financial Officer. Mr. Serra has 17 years of investment banking experience previously heading the Europe, Midde East and Africa (EMEA) Oil and Gas Department of BNP Paribas.
West Kirkland Mining Inc. (TSX-V: WKM) announced the appointment of Frank Hallam, a director of the Company, as CFO.
Spitfire Energy Ltd. (TSX-V: SEL) and Whitecap Resources Inc. (currently a private company) have announced that subject to a reorganization and investment agreement, the New Management Group will be appointed upon the completion of the Agreement. Thanh Kang will be the Vice President Finance & Chief Financial Officer of the New Company.
Reitmans Canada Ltd. (TSX: RET) announced that its Board of Directors has appointed Eric Williams, C.A. has been appointed Vice-President, Finance and Chief Financial Officer.
U3O8 Corp. (TSX-V: UWE) appointed John Ross as Chief Financial Officer, effective June 4, 2010. Mr. Ross previously served as Chief Financial Officer of Colossus Minerals Inc, Cronus Resources Ltd., FNX Mining Co. and IAMGold Corp.
Ballard Power Systems (TSX: BLD) announced that Bruce Cousins, the company's CFO, is leaving to pursue other career interests and, effective June 14, Tony Guglielmin will join the company as Chief Financial Officer. Mr. Guglielmin was most recently CFO at Canada Line Rapid Transit Inc. Before that role Mr. Guglielmin served as Corporate Treasurer at BC Hydro and in a series of VP-level financial leadership roles at Finning International.
Terra Ventures Inc. (TSX-V: CAS) and Terrex Energy Inc. announced, that following finalization of the previously announced spin-out of Terrex, Norman G. Knecht has been appointed VP Finance and CFO of Terrex Energy Inc. Mr. Knecht was VP Finance & CFO of Compton Petroleum Corporation a TSX and NYSE listed company from 1997 through 2008 prior to which he was a partner with a national accounting firm.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
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