Companies with CFOs on the Move this week include: RPT Resources Ltd., United Reef Limited, Evolving Gold Corp., Kiska Metals Corporation, Shoreham Resources Ltd., Sears Canada Inc., High River Gold Mines Ltd., Crowflight Minerals Inc., Ace Aviation Holdings Inc., Bayshore Petroleum Corp., Cougar Oil and Gas Canada Inc., Canadian Phoenix Resources Corp., Malbex Resources Inc., Valeant Pharmaceuticals International, Inc.
RPT Resources Ltd. (TSX-V: RPT) announced the appointment of Ian Habke as CFO. Most recently Mr. Habke was Director of Supply Management for Nexen Inc. Other roles with Nexen have included Finance Director for their UK operations and VP Finance for Yemen. His corporate roles have included President of Nexen Energy Holdings International in the UK and assignments in financial reporting and budgeting and strategic planning.
United Reef Limited (TSX-V: URP) announced the appointment of George Supol as Chief Financial Officer ("CFO") of the Company. The Company also wishes to announce the resignation of Marilyn Turner from her positions as CFO and Secretary of the Company. Mr. Supol is the founder and President of inbusys inc., a Toronto-based consulting firm, which provides both accounting and corporate IT services to its clients. Mr. Supol has been providing accounting and other advisory services to the Company since May of this year and he also acts as CFO for two other TSX listed resource companies.
Evolving Gold Corp. (TSX: EVG, FSE: EV7) announced the appointment of Charles E. Jenkins as its Chief Financial Officer. Vitaly Melnikov, who has served as the Company's Chief Financial Officer since 2008 has left Evolving Gold to pursue other opportunities in the mining exploration and development sector.
Kiska Metals Corporation (TSX-V: KSK) announced the appointment of Adrian Rothwell to the position of Chief Financial Officer, replacing Dorothy Miller who is stepping down as Kiska's CFO to join Evrim Metals Corporation in a similar capacity. Kiska recently sold its Mexican subsidiary to Evrim. Evrim is in the process of listing on the TSX Venture Exchange. Mr. Rothwell is currently Chief Financial Officer of Centurion Minerals Ltd. and MBMI Resources Inc., and has held senior positions within the mining industry for the last 15 years.
Shoreham Resources Ltd. (TSX-V: SMH) announced the appointment of Dorlyn Evancic as Chief Financial Officer ("CFO"). Mr. Evancic has served as CFO for Northern Continental Resources, a uranium exploration company, until its acquisition by Hathor Exploration Limited in November 2009, and was also director and CFO of Gemco Minerals Inc. He currently acts as CFO for Hemisphere Energy Corporation (TSX-V: HME), an oil and gas exploration and development company.
Sears Canada Inc. (TSX: SCC) announced that the Board of Directors of the Corporation has appointed Sharon R. Driscoll as Senior Vice-President and Chief Financial Officer. Ms. Driscoll has held her current position with the Company as Senior Vice-President, Finance, since November of 2008. Prior to joining Sears in 2008, Ms. Driscoll was employed with Loblaw Companies Limited, holding the position of Senior Vice-President, Corporate Development, and before that Senior Vice-President, Finance National Merchandising and Senior Vice-President, Finance Retail Ontario Region. Ms. Driscoll began her employment with Loblaw Companies Limited in 1987. Allen R. Ravas, who was appointed as Sears Canada's Senior Vice-President and Chief Financial Officer in October of 2008, is returning to Sears Holdings as the Chief Administrative Officer of Orchard Supply Hardware of San Jose, California, a majority-owned subsidiary of Sears Holdings Corporation.
High River Gold Mines Ltd. (TSX: HRG) announced the resignation of Andrei Maslov as a Chief Financial Officer and Director of the Company.
Crowflight Minerals Inc. (TSX: CML) announced that David Hunter, Chief Financial Officer has left the Company, and that Derek Liu has been appointed as the Chief Financial Officer and Corporate Secretary.
Ace Aviation Holdings Inc. (TSX: ACE.A, ACE.B) announced that, with effect from January 1, 2011, Brian Dunne, currently Executive Vice President and Chief Financial Officer will become the President of ACE. His new title will be President and Chief Financial Officer. Robert Milton will continue in the role of ACE Chairman and Chief Executive Officer.
Bayshore Petroleum Corp. (TSX-V: BSH) announced that Terry Zimaro has been appointed Chief Financial Officer of the Corporation. Mr. Zimaro replaces Stuart Chow, who had been acting as Interim Chief Financial Officer of the Corporation. Mr. Chow continues to serve as director of the Corporation.
Cougar Oil and Gas Canada Inc. (OTCBB:COUGF) announced that Richard Carmichael will join Cougar Oil and Gas Canada on January 3, 2011 as Vice President, Finance. Richard has over 22 years of oil and gas experience with both Canadian and US reporting - most recently with Steen River Oil and Gas.
Canadian Phoenix Resources Corp. (TSX-V: CXP) announced that John Downes has been appointed interim Chief Financial Officer, replacing Tim Moran.
Malbex Resources Inc. (TSX-V: MBG) announced that Stephanie Malec has been appointed as the Company's Chief Financial Officer effective January 13, 2011. Prior to joining Malbex, Ms. Malec served as Controller at Starfield Resources Inc., and previously at Dundee Precious Metals Inc. She began her career at PricewaterhouseCoopers LLP.
Valeant Pharmaceuticals International, Inc. (NYSE: VRX, TSX: VRX) today announced that Philip W. Loberg, Valeant's former senior vice president and corporate controller, has been named to the role of interim chief financial officer, effective immediately, replacing Peggy Mulligan, former chief financial officer, who has elected to resign in order to pursue other interests. Mr. Loberg joined Valeant in 2000 as treasurer and was appointed chief financial officer of North America in 2006. In 2007, he was appointed to his most recent role of senior vice president, group financial controller. Prior to joining Valeant, Mr. Loberg was the vice president, controller at Calcomp Technology, Inc., a publicly traded, majority-owned subsidiary of Lockheed Martin Corporation, and was acting chief financial officer early in his tenure.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Tuesday, December 28, 2010
Sunday, December 19, 2010
CFOs on the Move - week ending December 17, 2010
Hamilton Thorne Ltd., Med BioGene Inc., Gold Hawk Resources Inc., King's Bay Gold Corporation, Canada Fluorspar Inc., Silvore Fox Minerals Corp., Intermap Technologies, Blackline GPS Corp., The City of Swift Current, SK, International Minerals Corporation, Canaco Resources Inc., TVI Pacific Inc., Dia Bras Exploration Inc.
Hamilton Thorne Ltd. (TSX-V: HTL) announced the appointment of Michael Bruns as the Company's new Vice President Finance and Chief Financial Officer (CFO). Mr. Bruns was most recently serving as CFO of Dover Saddlery Inc. (NASDAQ: DOVR). Prior to joining Dover, Mr. Bruns served as Vice President of Finance for CPS Direct, and was the Controller for Northeast Mobile Communications. Prior to that, he served as Director of Financial Reporting for St. Johnsbury Trucking Company and as Corporate Controller for R&S Corporation, as well as an Auditor for McGladrey Pullen & Co.
Med BioGene Inc. (TSX-V: MBI) announced the appointment of Scott Davis as Chief Financial Officer in replacement of David Matthews. Mr. Davis is a partner of Cross Davis & Company LLP Certified General Accountants, a firm focused on providing accounting and management contract services for publicly-listed companies.
Gold Hawk Resources Inc. (TSX-V: GHK) announced that Omar Salas, Vice President, Finance and Chief Financial Officer, will be leaving the Company in early 2011 in a planned transition. Gold Hawk also announced that Carlos Escribano is the incoming Vice President, Finance and Chief Financial Officer.
King's Bay Gold Corporation (TSX-V: KBG) announced the return of Ray Prefontaine as the Corporation's Chief Financial Officer. Mr. Prefontaine was a Director from August 2003 to March 2010 and was the Chief Financial Officer from January 2005 until March 2010. Ray is presently the Chief Financial Officer of Mainstream Minerals Corporation (TSX-V: MJO) and a Director of Accolade Resources Corporation (a private company based in Winnipeg, MB). He is currently the Chairman and a Director of the Saint-Boniface General Hospital Auxiliary Inc.
Canada Fluorspar Inc. (TSX-V: CFI) announced the appointment of John A. Higginbotham as its Chief Financial Office. Mr. Higginbotham has had an extensive career in finance, accounting and the capital markets. He most recently served as Chief Financial Officer for RBC Dominion Securities, Inc., and held a number of other senior executive positions during his tenure with RBC which began in 1983.
Silvore Fox Minerals Corp. (TSX-V: SFX) announced the appointment of George Supol as Chief Financial Officer of the Corporation. Mr. Supol is also Chief Financial Officer of Viking Gold Exploration Inc. He is also the founder and President of inbusys inc., a Toronto-based consulting firm which services both corporate I.T. and accounting clients. The Corporation also announced that Cameron McIntosh, Chief Financial Officer, have resigned from his position.
Intermap Technologies (TSX: IMP) announced that Richard Mohr will rejoin the organization as chief financial officer and senior vice president effective January 1, 2011. Richard had previously worked for Intermap from 2003 until 2010 and served as the Company’s chief financial officer during that period.
Blackline GPS Corp. (TSX-V: BLN) announced that Paula Kaner has tendered her resignation as the Company's Chief Financial Officer ("CFO") effective January 20th, 2011. The company is pleased to announce Peter Dorrius will take on the role of interim Chief Financial Officer for Blackline on January 21, 2011. Mr. Dorrius has served as the Company's Controller since July 2010.
The City of Swift Current, SK announced that Tim Marcus, current director of finance, will assume the duties of deputy CAO and Chief Financial Officer.
International Minerals Corporation (TSX: IMZ, Swiss stock exchange: IMZ) announced the appointment of Scott Brunsdon as its new Chief Financial Officer (“CFO”) effective January 3, 2011. Mr. Brunsdon brings to IMZ over 25 years of financial and management experience in the mining sector with both junior and major companies, including 17 years with Placer Dome in the US and Canada. He has also held senior management positions with Dayton Mining, Hillsborough Resources and Revett Minerals. Most recently he was a financial advisor to the CFO for Timmins Gold assisting the company to enhance its internal and public reporting functions as it transitioned to an operating company from a pure exploration company.
Canaco Resources Inc. (TSX-V: CAN) announced the appointment of Shannon Ross to the position of Chief Financial Officer. Ms. Ross began her career in public practice, moved to the mining industry as an internal auditor for Cominco Ltd., and has served as CFO and Corporate Secretary for several mining companies including Northern Orion Resources, ValGold Resources, Sultan Minerals and Emgold Mining. She replaces Jacqueline Tucker, who is leaving the Company to pursue other interests.
TVI Pacific Inc. (TSX: TVI, OTCQX: TVIPF) announced the appointment of Patrick B. Hanna as Chief Financial Officer of the Company. Most recently, Mr. Hanna was Director of Financial Excellence for Kazakhmys Copper Corporation. Prior to that, Mr. Hanna represented Glencore International as Vice-President for Project Finance for its lead and zinc facility, Kazzinc, in Kazakhstan, and High River Gold in its gold mining operation in Russia. Mr. Hanna's experience includes 18 years living and working internationally with various other companies including Gulf Canada Resources, Neste Oil and Ernst & Young. Mr. Hanna will be based in the Calgary office.
Dia Bras Exploration Inc. (TSX-V: DIB) announced the appointment of Ernesto Duran as Chief Financial Officer of the Company in replacement of Mark Shonnard who has tendered his resignation to pursue personal interests.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Hamilton Thorne Ltd. (TSX-V: HTL) announced the appointment of Michael Bruns as the Company's new Vice President Finance and Chief Financial Officer (CFO). Mr. Bruns was most recently serving as CFO of Dover Saddlery Inc. (NASDAQ: DOVR). Prior to joining Dover, Mr. Bruns served as Vice President of Finance for CPS Direct, and was the Controller for Northeast Mobile Communications. Prior to that, he served as Director of Financial Reporting for St. Johnsbury Trucking Company and as Corporate Controller for R&S Corporation, as well as an Auditor for McGladrey Pullen & Co.
Med BioGene Inc. (TSX-V: MBI) announced the appointment of Scott Davis as Chief Financial Officer in replacement of David Matthews. Mr. Davis is a partner of Cross Davis & Company LLP Certified General Accountants, a firm focused on providing accounting and management contract services for publicly-listed companies.
Gold Hawk Resources Inc. (TSX-V: GHK) announced that Omar Salas, Vice President, Finance and Chief Financial Officer, will be leaving the Company in early 2011 in a planned transition. Gold Hawk also announced that Carlos Escribano is the incoming Vice President, Finance and Chief Financial Officer.
King's Bay Gold Corporation (TSX-V: KBG) announced the return of Ray Prefontaine as the Corporation's Chief Financial Officer. Mr. Prefontaine was a Director from August 2003 to March 2010 and was the Chief Financial Officer from January 2005 until March 2010. Ray is presently the Chief Financial Officer of Mainstream Minerals Corporation (TSX-V: MJO) and a Director of Accolade Resources Corporation (a private company based in Winnipeg, MB). He is currently the Chairman and a Director of the Saint-Boniface General Hospital Auxiliary Inc.
Canada Fluorspar Inc. (TSX-V: CFI) announced the appointment of John A. Higginbotham as its Chief Financial Office. Mr. Higginbotham has had an extensive career in finance, accounting and the capital markets. He most recently served as Chief Financial Officer for RBC Dominion Securities, Inc., and held a number of other senior executive positions during his tenure with RBC which began in 1983.
Silvore Fox Minerals Corp. (TSX-V: SFX) announced the appointment of George Supol as Chief Financial Officer of the Corporation. Mr. Supol is also Chief Financial Officer of Viking Gold Exploration Inc. He is also the founder and President of inbusys inc., a Toronto-based consulting firm which services both corporate I.T. and accounting clients. The Corporation also announced that Cameron McIntosh, Chief Financial Officer, have resigned from his position.
Intermap Technologies (TSX: IMP) announced that Richard Mohr will rejoin the organization as chief financial officer and senior vice president effective January 1, 2011. Richard had previously worked for Intermap from 2003 until 2010 and served as the Company’s chief financial officer during that period.
Blackline GPS Corp. (TSX-V: BLN) announced that Paula Kaner has tendered her resignation as the Company's Chief Financial Officer ("CFO") effective January 20th, 2011. The company is pleased to announce Peter Dorrius will take on the role of interim Chief Financial Officer for Blackline on January 21, 2011. Mr. Dorrius has served as the Company's Controller since July 2010.
The City of Swift Current, SK announced that Tim Marcus, current director of finance, will assume the duties of deputy CAO and Chief Financial Officer.
International Minerals Corporation (TSX: IMZ, Swiss stock exchange: IMZ) announced the appointment of Scott Brunsdon as its new Chief Financial Officer (“CFO”) effective January 3, 2011. Mr. Brunsdon brings to IMZ over 25 years of financial and management experience in the mining sector with both junior and major companies, including 17 years with Placer Dome in the US and Canada. He has also held senior management positions with Dayton Mining, Hillsborough Resources and Revett Minerals. Most recently he was a financial advisor to the CFO for Timmins Gold assisting the company to enhance its internal and public reporting functions as it transitioned to an operating company from a pure exploration company.
Canaco Resources Inc. (TSX-V: CAN) announced the appointment of Shannon Ross to the position of Chief Financial Officer. Ms. Ross began her career in public practice, moved to the mining industry as an internal auditor for Cominco Ltd., and has served as CFO and Corporate Secretary for several mining companies including Northern Orion Resources, ValGold Resources, Sultan Minerals and Emgold Mining. She replaces Jacqueline Tucker, who is leaving the Company to pursue other interests.
TVI Pacific Inc. (TSX: TVI, OTCQX: TVIPF) announced the appointment of Patrick B. Hanna as Chief Financial Officer of the Company. Most recently, Mr. Hanna was Director of Financial Excellence for Kazakhmys Copper Corporation. Prior to that, Mr. Hanna represented Glencore International as Vice-President for Project Finance for its lead and zinc facility, Kazzinc, in Kazakhstan, and High River Gold in its gold mining operation in Russia. Mr. Hanna's experience includes 18 years living and working internationally with various other companies including Gulf Canada Resources, Neste Oil and Ernst & Young. Mr. Hanna will be based in the Calgary office.
Dia Bras Exploration Inc. (TSX-V: DIB) announced the appointment of Ernesto Duran as Chief Financial Officer of the Company in replacement of Mark Shonnard who has tendered his resignation to pursue personal interests.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Wednesday, December 15, 2010
Why companies have unfilled jobs
My fellow blogger, Cindy Kraft of CFO-Coach, was kind enough to ask me my thoughts on this topic, which she blogged about.
Her starting point was a recent SmartBrief poll, in which 72.5% of surveyed companies indicated they had unfilled openings.
My first impression on seeing the poll was that companies that are looking to hire will have unfilled job openings. Only those companies that are not hiring will not have unfilled jobs, because they are not hiring. I believe the poll would be more effective asking: "How long does it take to fill your open job positions?"
Cindy brings up a great point in saying that she believes the hiring process is broken. I agree. Many companies are not properly going about a recruitment process that works.
For a hiring process to be effective, it needs to have the following elements:
Outreach – Many companies have recognized the importance of building stronger corporate recruitment strategies, and they are doing so. However, even with these stronger tactics, organizations cannot properly reach the candidates needed. Search firms are able to fill positions because they are able to outreach to the right candidate pool. This outreach component is a necessary element to a successful search.
Sales – The company AND the job needs to be sold. Many employers make the poor assumption that the company and the job sell themselves. Potential candidates for any job need to truly understand the value of the company and job and how it fits into their life and career.
Match – Matching a candidate to a job and a company is not an easy task, yet many employers use gut feel and resume key word matching to the job description to assess appropriateness of a candidate for a job. Many companies focus on assessing the candidate for how they match the company, and not assessing how the company matches to the candidate’s needs and values.
Offer – We consistently see this area as the place where the wheels fall off. Regardless how effective the rest of the recruitment process is, being successful at the offer stage gets you the placement. The pieces necessary for a successful accepted offer need to begin at the beginning of the process, not at the end. Acceptance of an offer is much more than just about salary.
Companies wishing to ensure a more successful hiring process need to ensure they have these four elements. Using an experienced internal or external search partner can improve the process. However, it is the ultimate responsibility of the hiring authority to ensure that the process is effective.
(I would like to thank my colleague Bethany LaMorre for her valuable input in preparing this blog).
Her starting point was a recent SmartBrief poll, in which 72.5% of surveyed companies indicated they had unfilled openings.
My first impression on seeing the poll was that companies that are looking to hire will have unfilled job openings. Only those companies that are not hiring will not have unfilled jobs, because they are not hiring. I believe the poll would be more effective asking: "How long does it take to fill your open job positions?"
Cindy brings up a great point in saying that she believes the hiring process is broken. I agree. Many companies are not properly going about a recruitment process that works.
For a hiring process to be effective, it needs to have the following elements:
Outreach – Many companies have recognized the importance of building stronger corporate recruitment strategies, and they are doing so. However, even with these stronger tactics, organizations cannot properly reach the candidates needed. Search firms are able to fill positions because they are able to outreach to the right candidate pool. This outreach component is a necessary element to a successful search.
Sales – The company AND the job needs to be sold. Many employers make the poor assumption that the company and the job sell themselves. Potential candidates for any job need to truly understand the value of the company and job and how it fits into their life and career.
Match – Matching a candidate to a job and a company is not an easy task, yet many employers use gut feel and resume key word matching to the job description to assess appropriateness of a candidate for a job. Many companies focus on assessing the candidate for how they match the company, and not assessing how the company matches to the candidate’s needs and values.
Offer – We consistently see this area as the place where the wheels fall off. Regardless how effective the rest of the recruitment process is, being successful at the offer stage gets you the placement. The pieces necessary for a successful accepted offer need to begin at the beginning of the process, not at the end. Acceptance of an offer is much more than just about salary.
Companies wishing to ensure a more successful hiring process need to ensure they have these four elements. Using an experienced internal or external search partner can improve the process. However, it is the ultimate responsibility of the hiring authority to ensure that the process is effective.
(I would like to thank my colleague Bethany LaMorre for her valuable input in preparing this blog).
Sunday, December 12, 2010
Canadian CFOs on the Move - week ending December 10, 2010
This week's companies with CFOs on the Move: Duluth Metals Limited, Geomark Exploration Ltd., Argonaut Exploration Inc., ILI Technologies (2002) Corp., AgriMarine Holdings Inc., Adventure Gold Inc., Cobre Exploration Corp., AndeanGold Ltd., Jazz Air Income Fund, Pason Systems Inc.
Duluth Metals Limited (TSX: DM, DM.U) announced the appointment of a new CFO. The new CFO is Marvin E. Dee. Prior to joining Duluth Metals, Mr. Dee was CFO and COO with Spectrum Plastics Group. Mr. Dee is replacing the former CFO, John A. Francis, who is retiring from the Company.
Geomark Exploration Ltd. (TSX-V: GME) has announced that Garth Schultz, the Company's Chief Financial Officer (CFO), will be retiring effective April 30, 2011.
Argonaut Exploration Inc. (TSX-V: AGA) announced that Dale Hansen has been appointed as the Corporation's Chief Financial Officer and a director. Mr. Hansen replaced Charles Chebry, who resigned as the Chief Financial Officer of the Corporation. Mr. Chebry will continue to serve as a director of the Corporation.
ILI Technologies (2002) Corp. (TSX-V: ILI), announced the resignation of Chief Financial Officer Shamel Costandy, and announced the hiring of Gord Travis into the role of Chief Financial Officer.
AgriMarine Holdings Inc. (TSX-V: FSH, Frankfurt: A2G) announced the appointment of Frank Guo as Vice President and Chief Financial Officer of the Company. Mr. Guo replaces John H. Buchanan, who will continue as a Director of the Company and Chairman of the Audit Committee. Prior to joining AgriMarine, Mr. Guo held the position of Vice President and Chief Financial Officer of Daytek Electronics Corporation, a division of Daewoo International Corporation, a Korea Composite Stock Price Index (KOSPI) listed multibillion dollar company with an extensive international network. Earlier in his career, Mr. Guo was an Accounting Manager of Canadian Tire Corporation, an Auditor of Australian Audit General Office, and a university lecturer in China.
Adventure Gold Inc. (TSX-V: AGE) announced the appointment of Robert Boisjoli to the position of Chief Financial Officer of the Company, following the departure of Khadija Abounaim as CFO of the Company. Mr. Boisjoli is currently a Managing Director at Atwater Financial Group and Chief Financial Officer of Brionor Resources Inc. (TSX-V: BNR). Mr. Boisjoli is also a Director and audit committee chairman of both Aptilon Corporation (TSX-V: APZ) and Mitec Telecom Inc. (TSX: MTM). He previously held the position of Chief Financial Officer of both Topigen Pharmaceuticals and Xanthus Pharmaceuticals Inc. He was also an investment banker with various Canadian securities' firms and contributed to the creation of a mutual fund in the Quebec market.
Cobre Exploration Corp. (TSX-V: CKB) announced that Alec Peck has been appointed as the Company's Chief Financial Officer, replacing Paddy Nicol who resigned his position on the Board of Directors as well his position as Chief Financial Officer.
AndeanGold Ltd. (TSX-V: AAU) announced that David Cross has been appointed Chief Financial Officer of the Company, replacing John Watt who has resigned his position. Mr. Cross is currently a partner in the firm of Cross Davis & Company LLP Certified General Accountants. His past experience consists of senior management positions, including five years at Davidson & Company LLP Chartered Accountants as Manager. Prior to that, he spent six years with Canadian Communication Products Inc. as its Assistant Controller and three years at Chartered Accountant firms. He is also the CFO of several other TSX-V listed junior mining companies
Jazz Air Income Fund (TSX: JAZ.UN, JAZ.DB) announced the appointment of Richard (Rick) Flynn as Chief Financial Officer effective February 28, 2011, to coincide with the retirement of Allan Rowe after a successful career in finance that has spanned more than 30 years. Rick is currently the Vice President of Finance at Jazz, and has held a number of senior roles since he began his career in the airline industry in 1986.
Pason Systems Inc. (TSX: PSI) announced that James (Jim) Glasspoole, Chief Financial Officer, has left the Company. The responsibilities of CFO will be assumed on an interim basis, by James (Jim) Hill, President, and CEO.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Duluth Metals Limited (TSX: DM, DM.U) announced the appointment of a new CFO. The new CFO is Marvin E. Dee. Prior to joining Duluth Metals, Mr. Dee was CFO and COO with Spectrum Plastics Group. Mr. Dee is replacing the former CFO, John A. Francis, who is retiring from the Company.
Geomark Exploration Ltd. (TSX-V: GME) has announced that Garth Schultz, the Company's Chief Financial Officer (CFO), will be retiring effective April 30, 2011.
Argonaut Exploration Inc. (TSX-V: AGA) announced that Dale Hansen has been appointed as the Corporation's Chief Financial Officer and a director. Mr. Hansen replaced Charles Chebry, who resigned as the Chief Financial Officer of the Corporation. Mr. Chebry will continue to serve as a director of the Corporation.
ILI Technologies (2002) Corp. (TSX-V: ILI), announced the resignation of Chief Financial Officer Shamel Costandy, and announced the hiring of Gord Travis into the role of Chief Financial Officer.
AgriMarine Holdings Inc. (TSX-V: FSH, Frankfurt: A2G) announced the appointment of Frank Guo as Vice President and Chief Financial Officer of the Company. Mr. Guo replaces John H. Buchanan, who will continue as a Director of the Company and Chairman of the Audit Committee. Prior to joining AgriMarine, Mr. Guo held the position of Vice President and Chief Financial Officer of Daytek Electronics Corporation, a division of Daewoo International Corporation, a Korea Composite Stock Price Index (KOSPI) listed multibillion dollar company with an extensive international network. Earlier in his career, Mr. Guo was an Accounting Manager of Canadian Tire Corporation, an Auditor of Australian Audit General Office, and a university lecturer in China.
Adventure Gold Inc. (TSX-V: AGE) announced the appointment of Robert Boisjoli to the position of Chief Financial Officer of the Company, following the departure of Khadija Abounaim as CFO of the Company. Mr. Boisjoli is currently a Managing Director at Atwater Financial Group and Chief Financial Officer of Brionor Resources Inc. (TSX-V: BNR). Mr. Boisjoli is also a Director and audit committee chairman of both Aptilon Corporation (TSX-V: APZ) and Mitec Telecom Inc. (TSX: MTM). He previously held the position of Chief Financial Officer of both Topigen Pharmaceuticals and Xanthus Pharmaceuticals Inc. He was also an investment banker with various Canadian securities' firms and contributed to the creation of a mutual fund in the Quebec market.
Cobre Exploration Corp. (TSX-V: CKB) announced that Alec Peck has been appointed as the Company's Chief Financial Officer, replacing Paddy Nicol who resigned his position on the Board of Directors as well his position as Chief Financial Officer.
AndeanGold Ltd. (TSX-V: AAU) announced that David Cross has been appointed Chief Financial Officer of the Company, replacing John Watt who has resigned his position. Mr. Cross is currently a partner in the firm of Cross Davis & Company LLP Certified General Accountants. His past experience consists of senior management positions, including five years at Davidson & Company LLP Chartered Accountants as Manager. Prior to that, he spent six years with Canadian Communication Products Inc. as its Assistant Controller and three years at Chartered Accountant firms. He is also the CFO of several other TSX-V listed junior mining companies
Jazz Air Income Fund (TSX: JAZ.UN, JAZ.DB) announced the appointment of Richard (Rick) Flynn as Chief Financial Officer effective February 28, 2011, to coincide with the retirement of Allan Rowe after a successful career in finance that has spanned more than 30 years. Rick is currently the Vice President of Finance at Jazz, and has held a number of senior roles since he began his career in the airline industry in 1986.
Pason Systems Inc. (TSX: PSI) announced that James (Jim) Glasspoole, Chief Financial Officer, has left the Company. The responsibilities of CFO will be assumed on an interim basis, by James (Jim) Hill, President, and CEO.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Sunday, December 5, 2010
Canadian CFOs on the Move - week ending December 3, 2010
MegaWest Energy Corp. (OTCBB: MGWSF) announced the resignation of Kelly D. Kerr, Vice President Finance and CFO.
Vast Exploration Inc. (TSX-V: VST) announced that it has appointed Darren Moulds as Chief Financial Officer. Mr. Moulds appointment follows the resignation of Gary Lobb. Previously, Darren has held management positions in various financial capacities including the CFO of Africa Oil Corp. and the Financial Controller of Upstream Operations of Centurion Energy International Inc. (Dana Gas).
Longford Energy Inc. (TSX-V: LFD) announced that it has appointed Darren Moulds as Chief Financial Officer. Mr. Moulds appointment follows the resignation of Gary Lobb.
Stetson Oil & Gas Ltd. (TSX-V: SSN) announced that it has appointed Darren Moulds as Chief Financial Officer. Mr. Moulds appointment follows the resignation of Gary Lobb.
Chantrell Ventures Corp. (TSX-V: CV) announced the appointment of Paul A. Parisotto as President, CEO and CFO and Director of the Company. Mr. Parisotto was the President and Chief Executive Officer of Arizona Star Resource Corp., from 2004 to 2007, when it was acquired by Barrick Gold Corporation. From November 2008 to June 2009 he was the Co-Interim CEO of Noront Resources Ltd and most recently was the President and Chief Executive Officer of Tamaka Holdings Inc., a private gold exploration and development company. Previously, Mr. Parisotto provided investment banking services to the mining industry.
Petaquilla Minerals Ltd. (TSX: PTQ, OTCBB: PTQMF, FRANKFURT: P7Z) announced the appointment of Ezequiel Sirotinsky as Chief Financial Officer of the Company. Mr. Sirotinsky replaces Julie van Baarsen as the Company's Chief Financial Officer. Mr. Sirotinsky was formerly Director of Finance for Silver Standard Resources, Inc., and Administrative and Finance Manager for AngloGold Ashanti Limited's Cerro Vanguardia Project, a gold and silver mine.
EurOmax Resources Limited (TSX-V: EOX) announced the appointment of Aurora Davidson as Chief Financial Officer. Since 2003, Ms. Davidson has focused on providing CFO services predominantly to companies in the mining sector, including Amerigo Resources Ltd.
Aldridge Minerals Inc. (TSX-V: AGM) announced the appointment of Edward J. Badida as its new Chief Financial Officer, replacing Kim Evans who resigned. Ms. Evans will continue to work for the company as a consultant to assist with the transition of moving the Company's accounts to Toronto.
Shear Minerals Ltd. (TSX-V: SRM) announced the resignation of Greg Hayes as Chief Financial Officer. In the interim, Darcy Ogrodnick, Shear's Controller, will serve as Interim CFO to assist through the transition.
Empire Industries Ltd. (TSX-V: EIL) announced the resignation of David Carefoot as CFO, and announced the return of Campbell McIntyre as CFO of Empire, a position he occupied prior to the hiring of David Carefoot in 2008. In addition to his new responsibilities as CFO of Empire, Mr. McIntyre will retain his duties as President of Empire Iron Works, a key operating subsidiary of Empire. Assisting Mr. McIntyre in the financial function will be Mike Martin, as the newly appointed Director of Finance and Corporate Controller.
Boston Pizza International Inc. ("BPI") announced that Mark Powell will step down as Chief Financial Officer of BPI and will be leaving the company as of December 15, 2010. In conjunction with this departure, Mr. Powell will also resign as Director and CFO of Boston Pizza GP Inc., Managing General Partner of Boston Pizza Royalties Limited Partnership ("BPRLP"), administrator of the Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN). Mark Powell joined BPI in 2001 as Chief Financial Officer and has been a Director and CFO of Boston Pizza GP Inc. since its inception in 2002. Wes Bews, Vice President of Finance for BPI, will replace Mark Powell on an interim basis as CFO of BPI and will also be appointed as a Director and CFO of Boston Pizza GP Inc. on an interim basis.
Cavan Ventures Inc. (TSX-V: CVN) announced that Harvey Lawson has been appointed Chief Financial Officer of the Company. Mr. Lawson replaces Trevor Sinclair, who resigned as Chief Financial Officer.
Rare Method Interactive Corp. (TSX-V: RAM) announced that Josh Ius has resigned as CFO of the Company.
Fission Energy Corp. (TSX-V: FIS) announced that Gregory Downey has joined the Company as Chief Financial Officer and replaces Andrew Adamson who has stepped down to pursue other opportunities.
YANGAROO Inc. (TSX: YOO, OTC: YOOIF) announced that John Heaven is leaving the position of President and Chief Financial Officer and Director of YANGAROO. John served as President and CEO until June of this year. The company has appointed Michael Galloro, CA as interim Chief Financial Officer.
Frontline Gold Corporation (TSX-V: FGC) announced that Jim Patterson has been appointed as Chief Financial Officer (CFO) replacing Tom Hickey, who stepped down as CFO.
Allied Properties REIT (TSX: AP-UN.TO) announced that Peter E. Sweeney has been appointed Vice President and Chief Financial Officer, replacing Tom Wenner, who is leaving Allied. Mr. Sweeney was formerly Chief Financial Officer and Chief Administrative Officer of a leading real estate brokerage and advisory firm. Prior to that, he was Corporate Controller for a public real estate company and a Senior Accountant with Price Waterhouse.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Vast Exploration Inc. (TSX-V: VST) announced that it has appointed Darren Moulds as Chief Financial Officer. Mr. Moulds appointment follows the resignation of Gary Lobb. Previously, Darren has held management positions in various financial capacities including the CFO of Africa Oil Corp. and the Financial Controller of Upstream Operations of Centurion Energy International Inc. (Dana Gas).
Longford Energy Inc. (TSX-V: LFD) announced that it has appointed Darren Moulds as Chief Financial Officer. Mr. Moulds appointment follows the resignation of Gary Lobb.
Stetson Oil & Gas Ltd. (TSX-V: SSN) announced that it has appointed Darren Moulds as Chief Financial Officer. Mr. Moulds appointment follows the resignation of Gary Lobb.
Chantrell Ventures Corp. (TSX-V: CV) announced the appointment of Paul A. Parisotto as President, CEO and CFO and Director of the Company. Mr. Parisotto was the President and Chief Executive Officer of Arizona Star Resource Corp., from 2004 to 2007, when it was acquired by Barrick Gold Corporation. From November 2008 to June 2009 he was the Co-Interim CEO of Noront Resources Ltd and most recently was the President and Chief Executive Officer of Tamaka Holdings Inc., a private gold exploration and development company. Previously, Mr. Parisotto provided investment banking services to the mining industry.
Petaquilla Minerals Ltd. (TSX: PTQ, OTCBB: PTQMF, FRANKFURT: P7Z) announced the appointment of Ezequiel Sirotinsky as Chief Financial Officer of the Company. Mr. Sirotinsky replaces Julie van Baarsen as the Company's Chief Financial Officer. Mr. Sirotinsky was formerly Director of Finance for Silver Standard Resources, Inc., and Administrative and Finance Manager for AngloGold Ashanti Limited's Cerro Vanguardia Project, a gold and silver mine.
EurOmax Resources Limited (TSX-V: EOX) announced the appointment of Aurora Davidson as Chief Financial Officer. Since 2003, Ms. Davidson has focused on providing CFO services predominantly to companies in the mining sector, including Amerigo Resources Ltd.
Aldridge Minerals Inc. (TSX-V: AGM) announced the appointment of Edward J. Badida as its new Chief Financial Officer, replacing Kim Evans who resigned. Ms. Evans will continue to work for the company as a consultant to assist with the transition of moving the Company's accounts to Toronto.
Shear Minerals Ltd. (TSX-V: SRM) announced the resignation of Greg Hayes as Chief Financial Officer. In the interim, Darcy Ogrodnick, Shear's Controller, will serve as Interim CFO to assist through the transition.
Empire Industries Ltd. (TSX-V: EIL) announced the resignation of David Carefoot as CFO, and announced the return of Campbell McIntyre as CFO of Empire, a position he occupied prior to the hiring of David Carefoot in 2008. In addition to his new responsibilities as CFO of Empire, Mr. McIntyre will retain his duties as President of Empire Iron Works, a key operating subsidiary of Empire. Assisting Mr. McIntyre in the financial function will be Mike Martin, as the newly appointed Director of Finance and Corporate Controller.
Boston Pizza International Inc. ("BPI") announced that Mark Powell will step down as Chief Financial Officer of BPI and will be leaving the company as of December 15, 2010. In conjunction with this departure, Mr. Powell will also resign as Director and CFO of Boston Pizza GP Inc., Managing General Partner of Boston Pizza Royalties Limited Partnership ("BPRLP"), administrator of the Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN). Mark Powell joined BPI in 2001 as Chief Financial Officer and has been a Director and CFO of Boston Pizza GP Inc. since its inception in 2002. Wes Bews, Vice President of Finance for BPI, will replace Mark Powell on an interim basis as CFO of BPI and will also be appointed as a Director and CFO of Boston Pizza GP Inc. on an interim basis.
Cavan Ventures Inc. (TSX-V: CVN) announced that Harvey Lawson has been appointed Chief Financial Officer of the Company. Mr. Lawson replaces Trevor Sinclair, who resigned as Chief Financial Officer.
Rare Method Interactive Corp. (TSX-V: RAM) announced that Josh Ius has resigned as CFO of the Company.
Fission Energy Corp. (TSX-V: FIS) announced that Gregory Downey has joined the Company as Chief Financial Officer and replaces Andrew Adamson who has stepped down to pursue other opportunities.
YANGAROO Inc. (TSX: YOO, OTC: YOOIF) announced that John Heaven is leaving the position of President and Chief Financial Officer and Director of YANGAROO. John served as President and CEO until June of this year. The company has appointed Michael Galloro, CA as interim Chief Financial Officer.
Frontline Gold Corporation (TSX-V: FGC) announced that Jim Patterson has been appointed as Chief Financial Officer (CFO) replacing Tom Hickey, who stepped down as CFO.
Allied Properties REIT (TSX: AP-UN.TO) announced that Peter E. Sweeney has been appointed Vice President and Chief Financial Officer, replacing Tom Wenner, who is leaving Allied. Mr. Sweeney was formerly Chief Financial Officer and Chief Administrative Officer of a leading real estate brokerage and advisory firm. Prior to that, he was Corporate Controller for a public real estate company and a Senior Accountant with Price Waterhouse.
If you have news about CFOs on the move, or any comments on this feature, please email us.
Subscribe to:
Posts (Atom)