Sunday, September 26, 2010

Canadian CFOs on the Move – week ended September 24, 2010

Acceleware Corp. (TSX-V: AXE) announced that Geoff Clark has been promoted to the position of Chief Executive Officer of Acceleware. Previously, Mr. Clark was Chief Financial Officer of the Company. Mr. Clark will continue to act as Chief Financial Officer until such time as a new CFO can be appointed.

Benchmark Energy Corp. (TSX-V: BEE) announced that Peter Argiris will assume the role of Chief Financial Officer of Benchmark. Mr. Argiris was formerly in energy research with Orion Securities, Macquarie Securities and Canaccord Capital.

Sonde Resources Corp. (TSX: SOQ) (NYSE Amex: SOQ) announced that Robb Thompson, Chief Financial Officer, has decided to leave the Company to pursue other interests.

Virgin Metals Inc. (TSX-V: VGM) announced the appointment of Janet O'Donnell as Chief Financial Officer. In addition to her duties at Virgin, Mrs. O'Donnell is also the Chief Financial Officer with a gold exploration and development company focused on a late stage exploration project in Ontario, Canada. Prior to this she was CFO of a gold producer whose operations were focused in Mexico. In addition, Mrs. O'Donnell was the CFO of a Canadian manufacturing company that sold products exclusively to the mining industry. Mrs. O'Donnell was an integral part of the team that took the company public as an income trust in 2005 and then sold it to a private equity group in 2007.

Mindoro Resources Ltd. (TSX-V: MIO) (FRANKFURT: WKN 906167) announced the appointment of Rob King to the role of Vice President Commercial and Chief Financial Officer. Mr.King has been with Mindoro in a consulting capacity since June 2010. Rob was CFO for Placer's African operations at the time Barrick Gold Corp acquired Placer Dome and continued with Barrick in this capacity for 2 years prior to returning to Australia. To facilitate Rob's appointment, Herrick Lau has resigned as CFO.

Vanstar Resources Ltd. (TSX-V: VSR) announced the appointment of Denis Tremblay as new CFO and Corporate Secretary of the Company. This appointment follows the resignation of Francois Marcotte, as CFO of the Company.

Vantex Resources Ltd. (TSX-V: VAX) announced the appointment of Denis Tremblay as new CFO of the Company. This appointment follows the resignation of Francois Marcotte, as CFO of the Company.

Jomar Capital Corp. (TSX-V: JOE.P) announced that upon completion of a business combination, Mr. Thomas Love will be appointed Chief Financial Officer. Mr. Love served as an independent director of Kensington Energy Ltd. from February 2004 to February 2005, Castle Rock Petroleum Ltd. from October 2004 to September 2007, and Canext Energy Ltd. from June 2007 to April 2010. Mr. Love has been an independent businessman since June 2007.

Genco Resources Ltd. (TSX: GGC) announced that upon completion of a business combination with Silvermex Resources Ltd. (TSX-V: SMR), Hallein Darby will be the CFO and Corporate Secretary. Ms. Darby has been Silvermex's Senior VP Finance since November 2008 initially as Senior VP Finance and is currently CFO. She was previously the Senior VP Finance for Timmins Gold Corp. Ms. Darby served as a Senior Securities Analyst with the British Columbia Securities Commission from 1996 to 2006.

Enablence Technologies Inc. (TSX-V: ENA) has appointed David Toews as the Company's new CFO. Toews is replacing Ron Benn who will be leaving Enablence at the end of October to pursue other opportunities. David was most recently VP Finance for the Broadcast Division of Harris Corporation. His previous experience also includes serving as VP Finance and CFO of Leitch prior to its acquisition by Harris, as CFO of Internet Sports Network Inc., and as VP Finance of EDM Electronic Direct Marketing Ltd./Teletech Canada.

H2O Innovation Inc. (TSX-V: HEO) announced that Annie Lemieux, Chief Financial Officer, has made known her decision to leave the Company.

Quetzal Energy Ltd. (TSX-V: QEI) announced the appointment of Cameron Dow as Chief Financial Officer (CFO). Mr. Dow was most recently the Chief Financial Officer (CFO) and Financial Controller of Sea Dragon Resources Ltd. Mr. Dow was previously Interim CFO of Calvalley Petroleum Inc. and a Partner of Daunheimer & Dow LLP Chartered Accountants, in Calgary. Cameron Dow replaces Wally Rudensky who is leaving to pursue other business opportunities.

Xmet Inc. (TSX-V: XME) announced the appointment of Kirk Boyd as Xmet's new Chief Financial Officer, Corporate Secretary and Treasurer replacing Donna McLean who has resigned from such positions. Mr. Boyd has served as a director and Chief Financial Officer of various reporting issuers listed on the TSX Venture Exchange (the "Exchange"). Mr. Boyd is also the principal of Kirk Boyd & Associates, a consulting company providing executive services and specializing in strategic planning, corporate restructuring and financial management.

If you have news about CFOs on the move, or any comments on this feature, please email us.

Monday, September 20, 2010

Canadian CFOs on the Move – week ended September 17, 2010

Ram Power, Corp. (TSX: RPG) announced the appointment of John O'Neill as Vice President and Chief Financial Officer. Mr. O'Neill will take over as Chief Financial Officer from Paul Zavesov, who will be transitioning to a senior role in Business Development. Mr. O'Neill previously worked with EGB Consulting, Homeland Renewable Energy, Environmental Power Corporation, Constellation NewEnergy, and KPMG.

Maple Leaf Reforestation Inc. (TSX-V: MPE) announced that Daniel Chu has resigned as Chief Financial Officer ("CFO") and Director. Mr. Chu’s vacancy as Maple Leaf’s CFO and Director will be filled by Mr. Derek Liu.

Green Swan Capital Corp. (TSX-V: GSW.P) announced the appointment of Daniel Hilton as Director and CFO. Daniel is currently Executive Director of the Conservative Party of Canada. He was previously the Director of Finance and Administration, Research and Development for World Heart Corporation and a co-founder and CFO of Kids Futures Ltd. Daniel was formerly the Vice-President Finance and Technology and Senior Vice-President, Corporate Development & Administration of Enablence Technologies Inc.

Equal Energy Ltd. (TSX: EQU, NYSE: EQU) announced that Dell Chapman has been appointed Chief Financial Officer. Mr. Chapman was most recently the Vice President, Finance and Chief Financial Officer of Berens Energy Ltd. Prior to that, he held various senior finance positions with a number of oil and gas companies, including Suncor Energy Inc. and Gulf Canada Resources Limited.

Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMF) announced that Germaine Coombs, formerly Corporate Controller with FNX Mining Company, has joined as Chief Financial Officer. Prior to FNX Mining, Ms. Coombs worked with Iron Ore Company of Canada.

White Pine Resources Inc. (TSX-V: WPR) announced the appointment of Michael G. Leskovec to the position of Chief Financial Officer, replacing Mario Miranda. Mr. Leskovec is the Financial Control Officer of Northfield Capital Corporation, a publicly traded, TSX-V listed investment holding company with investment interests primarily in the resource sector. Previously, Mr. Leskovec was Corporate Controller and an Officer of Andina Minerals Inc., Controller and an Officer of Gold Eagle Mines Ltd., and Audit and Assurance Manager at Smith Nixon LLP.

SAND Technology Inc. (OTCBB: SNDTF.OB) announced that Bruno Martel, previously announced as incoming Chief Financial Officer, will no longer be joining the company.

Palko Environmental Ltd. (TSX: PLK) announced the appointment of Corey Zahn as VP Finance and Chief Financial Officer, replacing the interim CFO, Susan McClinton. Mr. Zahn's latest position was VP Finance and CFO with Century Oilfield Services Ltd., which was recently acquired by Calfrac Well Services Ltd. Prior to this, Mr. Zahn worked with KPMG LLP as a Senior Manager.

Feronia Inc. (TSX-V: FRN) announced the appointment of Georgina Cotton as Chief Financial Officer.

WebTech Wireless Inc. (TSX: WEW) announced that Andrew Morden, has been appointed as Chief Financial Officer. Mr. Morden previously worked with Intrinsyc Software and Digital Dispatch Systems, Internet Marketing Center, Intrawest Corporation, SAP Canada and KPMG.

Bitterroot Resources Ltd. (TSX-V: BTT) announced the appointment of Barney Magnusson as its Chief Financial Officer. Mr. Magnusson is currently a director of SilverCrest Mines Inc. and Goldsource Mines Inc.

Romarco Minerals Inc. (TSX-V: R) announced that Fraser Sinclair has resigned as Senior Vice President and CFO of Romarco Minerals effective October 8, 2010. Joe Romagnolo, the Company's Corporate Controller, has been appointed Interim CFO.

Antioquia Gold Inc. (TSX-V: AGD) announced the appointment of JoAnne Dorval-Dronyk as its Chief Financial Officer (CFO). Ms Dorval-Dronyk replaces Robert C. James who left the Company.

If you have news about CFOs on the move, or any comments on this feature, please email us.

Monday, September 13, 2010

Canadian CFOs on the Move – week ended September 10, 2010

Provident Energy Trust (TSX: PVE.UN, NYSE: PVX) announced that Brent Heagy has been appointed Senior Vice President, Finance and Chief Financial Officer ("CFO") effective October 1, 2010. Brent will succeed Mark Walker who, as previously announced, will be stepping down from the role effective September 30, 2010. Mr. Heagy was most recently Chief Financial Officer of a Calgary based mid-sized Energy Trust. Prior to that, he was Chief Risk Officer for EnCana Corporation in Calgary, Chief Financial Officer for PanCanadian Energy Corporation's US operations based in Houston, Texas and began his career with Coopers & Lybrand in Calgary.

Catch the Wind Ltd. (TSX-V: CTW) announced that Robin Roge has been appointed as interim Chief Financial Officer of the Company, succeeding David Samuels. Since 2009, Robin has served as Director of Accounting of the Company and has performed its Controller function.

NexGen Financial LP announced that Abe Goenka has been appointed as Senior Vice President and Chief Financial Officer adding to his current responsibilities as Chief Operating Officer. Moira Saganski, a founding shareholder of NexGen, has relinquished her CFO responsibilities and will continue to work with the firm in fund administration.

Corvus Gold Inc. (TSX: KOR) announced the appointment of Michael Kinley as Chief Financial Officer of the company. Michael started his career with KPMG, where he became a partner in 1981. Since 1993, Mike has been the president of Winslow Associates Management & Communications Inc., a private consulting firm which provides accounting and regulatory support services to junior public companies.

Silver Dragon Resources Inc. (OTCBB: SDRG.OB) announced the appointment of Jeffrey D. Sherman as Chief Financial Officer and Corporate Secretary. He is a director of several companies, as well as chief financial officer of a TSX-listed company.

Pioneering Technology Corp. (TSX-V: PTE) announced that Peter Knee has been appointed as Chief Operating Officer and Chief Financial Officer of the Company. He most recently served as CFO for Citicapital, a large equipment finance company wholly owned by Citigroup until its recent sale to GE Capital

Intermap Technologies Corporation (TSX: IMP) announced the resignation of Brian Musfeldt from the positions of Chief Financial Officer and Vice-President.

Avante Security Corp. (TSX-V: ASY) announced that Raghu Sampath was appointed Chief Financial Officer of the Corporation. Prior to joining Avante, Mr. Sampath spent seven years at Sapphire Technologies Canada (formerly CNC Global limited), Canada's largest IT Staffing Company where he was responsible for all finance and accounting functions of the company.

Vivonet Inc. announced the appointment of Jim MacCallum as Chief Financial Officer. Jim will be replacing Kevin Falk, who assumed the role of interim Chief Finance Officer in October 2008. Kevin has transitioned into the role of Chief Product Officer at Vivonet. Prior to joining Vivonet, Jim was Vice President of Finance for Absolute Software (TSE:ABT). He has also held similar positions at Cisco Systems Inc. (NASDAQ:CSCO) as Controller, Global Customer Financial Services and at PMC-Sierra Inc. (NASDAQ:PMCS) as Controller of Operations.

Cequence Energy Ltd. (TSX: CQE) announced the appointment of David Gillis as Vice President, Finance and Chief Financial Officer.

If you have news about CFOs on the move, or any comments on this feature, please email us.

Tuesday, September 7, 2010

Canadian CFOs on the Move – week ended September 3, 2010

Easton Pharmaceuticals Inc. (Pink Sheets: EAPH) announced that Lee Hendelson has agreed to join the company as Chief Financial Officer. Prior to joining Easton Pharmaceuticals, Mr. Hendelson built a successful accounting firm in the United States.

Kinetex Resources Corporation (TSX-V: KTX) announced that the Company's Chief Financial Officer ("CFO"), Robert D. Ashauer, has resigned from the Company.

International Sovereign Energy Corp. (TSX: ISR) announced that Mr. Sharad Mistry was appointed Chief Executive Officer and Chief Financial Officer of the Company.

Galvanic Applied Sciences Inc. (TSX-V: GAV) announced the appointment of Pam Clarke to the position of Controller and Acting Chief Financial Officer.

Cirrus Energy Corp. (TSX-V: CYR) appointed John Bell as interim vice president finance and chief financial officer. John, a Chartered Accountant, joined Cirrus in November,2009 as Controller and was previously Controller at Zapata Energy Corp.

SAND Technology Inc. (OTCBB: SNDTF) announced that Bruno Martel will join the company as Chief Financial Officer, effective September 15. Current Chief Financial Officer Zainab Schwartz will leave the company on September 15. Mr. Martel was formerly Chief Financial Officer of Nstein Technologies, recently acquired by Open Text Corporation.

Ocean Park Ventures Corp. (TSX-V: OCP) announce the appointment of Tony M. Ricci as the Company's new Chief Financial Officer. Mr. Ricci will replace Mr. Wan Jung who has stepped down. Mr. Ricci is the current Chief Financial Officer of Keegan Resources Inc. He was a former director and CFO of Norsemont Mining Inc. and CFO of both Petaquilla Minerals Ltd. and Petaquilla Copper Ltd., companies with a combined market capitalization approaching $1 billion. Mr. Ricci was formerly with KPMG and AMEC Engineering Inc.

Acadia University announced that Darrell Youden has been named the University's new Vice-President Finance and Administration and Chief Financial Officer. Since 2000, he has been the Senior Executive Director of Corporate Services for the Nova Scotia Department of Education. His work experience includes senior financial, operations and human resource management positions with the Halifax County - Bedford District School Board and Nova Scotia Housing and Consumer Affairs. Between 1979 and 1990, Mr. Youden was a senior manager with Grant Thornton.

Globex Foreign Exchange Corporation announced that Craig Warnock joins Globex as Chief Financial Officer after working most recently as the Chief Financial Officer and Treasurer for the City of Edmonton. Mr. Warnock has extensive expertise in the financial services industry, having spent 24 years from 1984 to 2008 at ATB Financial, in a number of progressively accountable roles, which included acting as an Executive Vice President and Treasurer.

Coastal Pacific Mining Corp. (OTCBB: CPMCF) announced that Joseph Bucci, a current director of the Company, has been appointed President and Secretary-Treasurer of the Company and will fill the role of Chief Executive Officer and Chief Financial Officer for the interim while the Company progresses in its projects.

Pacific Safety Products Inc. (TSX-V: PSP) announced the resignation of Shawn Sutton as CFO, and that Doug Lucky will take over both the positions of CEO and, for the interim, chief financial officer. Mr. Lucky most recently advised on and executed the restructuring of MTI Global Inc. (now Zuni Holdings Inc.). His prior experience includes being a partner and Senior Vice President at Ernst & Young LLP (Corporate Finance and Restructuring), partner at RBC Capital Partners, VP Finance at Silicon Optix Inc., and consulting financial executive to other public and private companies.

If you have news about CFOs on the move, or any comments on this feature, please email us.