Sunday, February 6, 2011

Canadian CFOs on the Move – week ending February 4, 2011

Companies with CFOs on the Move this week include: Aegis Investment Management (Golf), Inc., Biosign Technologies Inc., Bear Creek Mining, New West Energy Services Inc., Healthscreen Solutions Inc. , Endeavour Mining Corporation, BioWest Therapeutics Inc., Border Petroleum Corp., Touchstone Exploration Inc., Dundee Precious Metals Inc.

Aegis Investment Management (Golf), Inc. (TSX-V: AIM) announced the appointment of David B. Gordon as the Company's new Chief Financial Officer. Acting Chief Financial Officer, Michael Levy, has relinquished his Chief Financial Officer duties as Mr. Gordon assumes his new role allowing Mr. Levy more time to attend to his duties as Aegis's Executive Vice President and Chief Investment Officer. Mr. Gordon is an accomplished finance executive with over 15 years of management experience, primarily in the software products and services industry, including CFO at The Software MacKiev Company and Swatchbox Technologies. Prior roles include Vice President of Finance and Operations for Queues Enforth Development, Inc.

Biosign Technologies Inc. (TSX-V: BIO) announced the formal appointment of Scott Worthington as Chief Financial Officer. Mr. Worthington has over 30 years of senior financial and executive management experience, including 9 years at Dell Computer Corporation, where he held numerous positions including Chief Financial Officer of the Canadian subsidiary. From 2008 to 2010, Mr. Worthington was Chief Financial Officer of NetShelter Technology Media. Prior to NetShelter, Mr. Worthington served as WaveRider Communication Inc.'s Vice President and Chief Financial Officer for eight years.

Bear Creek Mining (TSX-V: BCM) announced that Brad Blacketor has been appointed Chief Financial Officer of the Company, replacing Steve Krause. During the past 2 years, Mr. Blacketor has served as a financial consultant providing contract financial and accounting services to the mining industry. Previously, he was Vice-President and Chief Financial Officer of Metallica Resources Inc. Prior to Metallica, Mr. Blacketor served as Chief Financial Officer of MinCorp Ltd., and held senior management positions with Pincock, Allen & Holt, Inc. and Touche, Ross & Co.

New West Energy Services Inc. (TSX-V: NWE) announced that Pardeep Sibia has been appointed Chief Financial Officer of the Corporation. Richard J. Collens has stepped down as the Chief Financial Officer of the Corporation but has been appointed the Chief Operating Officer of the Corporation's wholly-owned subsidiary, New West Drilling Fluids Inc. ("NWDF").

Healthscreen Solutions Inc. (TSX-V: MDU) announced that Anastasia Chodarcewicz, Heathscreen's Chief Financial Officer, will be leaving the Company. The Company expects to fill the roles of Chief Financial Officer within the next few months.

Endeavour Mining Corporation (TSX: EDV) announced that Christian Milau will assume the position of CFO of Endeavour effective April 1, 2011. His international background has spanned over 12 years including most recently as Vice President, Treasurer of New Gold Inc. a TSX and AMEX listed intermediate gold producer with operating mines in the United States, Mexico and Australia and development projects in Canada and Chile. Prior to this he was a Vice President with Deloitte & Touche LLP Corporate Finance and BNP Paribas Corporate Finance, in Canada and the U.K. respectively, where he advised on public and private company mergers and acquisitions and equity transactions. Bill Koutsouras has advised Endeavour that his decision to resign as CFO will be effective March 31, 2011.

BioWest Therapeutics Inc. (TSX: BWE) announced that Ann Fehr has been appointed as chief financial officer of the Company. She currently serves as chief financial officer for Global Minerals Ltd., New High Ridge Resources and Global Uranium. Jeff Charpentier has resigned from his position as chief financial officer of the Company to pursue other career opportunities.

Border Petroleum Corp. (TSX-V: BOR), announced the appointment of Ying Yuen as Chief Financial Officer of the Company. Prior to his appointment with Border, Mr. Yuen served as Chief Financial Officer and was a founding shareholder of Bountiful Resources Inc., a private oil and gas exploration and production company with core areas in the Red Earth and Garrington areas of Alberta, which was sold to Barrick Energy Inc. in May 2010. Mr. Yuen has also served as Chief Financial Officer for a number of private and public oil and gas and oil and gas services companies since 1998. Mr. Yuen replaces Gerry Mendyk, who has taken the position of Chief Executive Officer of a Calgary based oil and gas services company. Mr. Mendyk will continue to assist Border on a consulting basis with respect to the transition.

Touchstone Exploration Inc. (TSX-V: TAB.U) announced the appointment of Gregory Marr as Chief Financial Officer of the Company. Mr. Marr has served as Chief Financial Officer and Director of several private and public companies, particularly oil and gas companies that are or have been listed on the TSX Venture Exchange.

Dundee Precious Metals Inc. (TSX: DPM, DPM.WT, DPM.WT.A) announced that Stephanie Anderson is stepping down as Executive Vice President and Chief Financial Officer of the Company ("CFO"), effective February 28, 2011, following the announcement of its 2010 year-end financial results. The search for the next CFO, during this important period of growth, is underway. Patrick Lim, Director, Finance and Global Controller of the Company, will be appointed Interim CFO until the search for a successor has been concluded.

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

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