Sunday, February 13, 2011

Canadian CFOs on the Move - week ending February 11, 2011

Companies with CFOs on the move this week include: Harry Winston Diamond Corporation, EACOM Timber Corporation, Parkland Energy Services Inc., Craig Wireless Systems Ltd., Canadian Imperial Venture Corp., Greenwin Inc., Pine Cliff Energy Ltd., Geomark Exploration Ltd., Bonterra Energy Corp., TMX Group Inc., Northland Power Inc., Relentless Resources Ltd., CTV Inc., Brigus Gold Corp., Osum Oil Sands Corp., Clean Power Concepts Inc., The Carbon2Green Corporation, Moneta Porcupine Mines Inc., St. Augustine Gold and Copper Limited

Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) announced the appointment of Cyrille Baudet to the position of Group Chief Financial Officer. With the appointment of Mr. Baudet, the structure of the finance group will also change. Wendy Kei will assume the role of Chief Financial Officer of the mining and rough diamond sales team based in Toronto while Robert Scott continues as Chief Financial Officer of the brand retail and wholesale business based in New York. Mr Baudet will remain based in Geneva at Harry Winston's watch manufacturing facility for the immediate future before moving to North America later this year. Mr. Baudet began his career with Ernst & Young in Africa and Paris auditing oil and mining companies in Africa followed by a period with PricewaterhouseCoopers in London where he focused on software companies. He then joined Richemont International as Group Senior Internal Auditor followed by assignments as Controller for Alfred Dunhill in London and Cartier International in Paris and Geneva before becoming the Controller for Cartier North America based in New York. Most recently he has been the Regional Chief Financial Officer for the Richemont Group businesses in Europe, the Middle East and South America. Mr. Baudet replaces Alan Mayne. Mr. Mayne will remain with the Company for a transition period to April 30, 2011.

EACOM Timber Corporation (TSX-V: ETR) announced the appointment of Marc Girard as its Executive Vice-President and CFO. Mr. Girard replaces Michael Liggett, the former CFO who will remain with the Company on a consulting basis. Prior to joining EACOM, Mr. Girard served as Senior Vice-President and Chief Financial Officer of SR Telecom, a TSX-listed company, and Vice-President and Chief Financial Officer of Aeroplan Income Fund, a Canadian income trust listed on the TSX. Previously, Mr. Girard was Vice-President and Treasurer at Quebecor and Quebecor Media, and he held various senior finance roles with BCE and Bell Canada.

Parkland Energy Services Inc. (TSX-V: PKE) announced that its Chief Financial Officer Allan Slobodian has resigned. As a replacement, the separator packages company has elected Bev Roome to that position. Roome is a Chartered Accountant and has been consulting independently in the Red Deer business community for the past year in both a Chartered Accountant role and officer for several local businesses. In her earlier role, Roome worked in public practice at Collins Barrow Red Deer LLP as well as owned and managed a small Red Deer based oilfield consulting company.

Craig Wireless Systems Ltd. (TSX: CWG), is pleased to announce that it has appointed Murray Bamforth as its Interim Chief Financial Officer. Mr. Bamforth replaces Wesley Thiessen, the Company's current Chief Financial Officer, who, as earlier announced, will be leaving Craig Wireless effective February 28, 2011 in order to pursue other career opportunities. Mr. Bamforth has been engaged on an interim basis while the Company continues its search for a permanent replacement CFO. Previously Mr. Bamforth held various senior positions with Manitoba Telecom Services Inc., Bell West Inc. and Allstream Inc., including Chief Corporate Officer, Chief Transition Officer, Corporate Controller, CFO and Internal Audit & Risk Management. Mr. Bamforth is currently the President of his own management consulting practice specializing in business planning, processes, transformation and financial reporting, having recent engagements with both large and small public companies. Mr. Bamforth was also previously an external audit manager for several years with Touche Ross & Co. (now Deloitte & Touche).

Canadian Imperial Venture Corp. (TSX-V: CQV) announced that Steven M. Millan, Chairman, President and CEO, will retire from his current positions in the Company effective February 8, 2011. Gerard Edwards, current CFO, will assume the positions of CEO and President in addition to his responsibilities as CFO.

Greenwin Inc. announced the appointment of Haya Zilberboim as their new CEO. Zilberboim has been in the business of real estate, investment banking, operations and finance for more than 20 years. She joins Greenwin from Fishman Holdings, where she managed the company's portfolio of North American residential and commercial properties as its COO and CFO.

Pine Cliff Energy Ltd. (TSX-V: PNE) announced that Robb D. Thompson has agreed to join the company, initially as Vice President, Finance, and will be promoted to Chief Financial Officer (CFO) effective March 31, 2011 (succeeding the existing CFO, Garth E. Schultz, who will be retiring). Mr. Thompson brings extensive experience as a previous CFO with other oil and gas companies, and as a partner with a major accounting firm.

Geomark Exploration Ltd. (TSX-V: GME) announced that Robb D. Thompson has agreed to join the company, initially as Vice President, Finance, and will be promoted to Chief Financial Officer (CFO) effective March 31, 2011 (succeeding the existing CFO, Garth E. Schultz, who will be retiring). Mr. Thompson brings extensive experience as a previous CFO with other oil and gas companies, and as a partner with a major accounting firm.

Bonterra Energy Corp. (TSX: BNE) announced that Robb D. Thompson has agreed to join the company, initially as Vice President, Finance, and will be promoted to Chief Financial Officer (CFO) effective March 31, 2011 (succeeding the existing CFO, Garth E. Schultz, who will be retiring). Mr. Thompson brings extensive experience as a previous CFO with other oil and gas companies, and as a partner with a major accounting firm.

TMX Group Inc. (TSX: X) announced that upon the merger of the TSX and the LSE, the group’s new CFO will be Michael Ptasznik, current CFO of TMX. Mr. Ptasznik will be based in Toronto.

Northland Power Inc. (TSX: NPI) announced the appointment of Paul Bradley as Chief Financial Officer. Mr. Bradley will assume his new position on April 1, 2011. Most recently Mr. Bradley was Managing Director and Head of Power and Utilities (Corporate Finance) at Macquarie Capital Markets Canada Ltd. Prior positions include Vice President, Electricity Resources at the Ontario Power Authority, and Executive Director at CIBC in the Global Power and Utilities Group. Earlier in his career, Paul held various positions in project development, finance, treasury and risk management at Duke Energy Corporation. Paul was also the founder and Managing Director of PJB Energy Solutions, a direct investment and financial advisory organization dedicated to clean technologies and renewable energy. Tony Anderson, Northland's CFO from its earliest days and financial architect of much of its growth, will remain a full member of the leadership team as Chief Investment Officer, responsible for directing new financings.

Relentless Resources Ltd. (TSX-V: RRL) announced that Randall Boyd has been appointed Vice-President, Finance, and Chief Financial Officer of the Company. Mr. Boyd has worked for more than 25 years with Canadian public and private oil and gas companies, handling a wide range of financial and corporate matters for various private clients. Randall was Chief Financial Officer at Masters Energy Inc., a TSX listed public company, from 2004 until its sale in April, 2009. Randall was also Vice-President, Investor Relations, at Chieftain International Inc. from October 1999 until its sale in August 2001. Mr. Boyd replaces Hugh M. Thomson who resigned.

CTV Inc. announced that several top-level managers, including chief financial officer John Gossling, are leaving the company.

Brigus Gold Corp. (TSX: BRD; NYSE Amex: BRD) announced that Dana Hatfield will be appointed Chief Financial Officer following the retirement of Melvyn Williams, the Company’s current Senior Vice President and Chief Financial Officer. Mr. Hatfield will join Brigus’ senior management team in March 2011 and will initially work alongside Mr. Williams who will remain with the Company through a transition period ending the second quarter of 2011. Mr. Hatfield, who joins the Company after serving as Senior Vice President, Finance, at Gammon Gold Inc., will be based in the Company’s head office located in Halifax, Nova Scotia, Canada. Before his position with Gammon, he worked at Sysco Food Services of Atlantic Canada and Grant Thornton LLP. Mr. Hatfield graduated from Dalhousie University with a bachelor of commerce degree.

Osum Oil Sands Corp. ("Osum"), a privately held Alberta in situ oil sands company, announced that Victor Roskey has joined the company as Chief Financial Officer. Previously, Mr. Roskey held senior management positions at EdgeStone Capital Partners, Enterra Energy Trust, Scotia Waterous and Citibank Canada. He has served on numerous public and private company boards.

Clean Power Concepts Inc. (OTC Bulletin Board: CPOW) announced that Randall W. Edge has joined the company as Chief Financial Officer.

Hanfeng Evergreen Inc. (TSX: HF) announced that Paul Begin has resigned as Chief Financial Officer of the Company. Hanfeng has initiated a search for a new Chief Financial Officer. Mr. Begin will remain with the Company for up to 90 days to assist in the transition.

The Carbon2Green Corporation (TSX-V: CGN) announced the resignation of Yves C. Renaud from the position of Chief financial officer.

Moneta Porcupine Mines Inc. (TSX: ME, OTC: MPUCF, XETRA: MOP) announced the appointment of Richard Boulay as interim Chief Financial Officer. The role of acting Chief Financial Officer was previously held by Ian C. Peres, who continues as the Company's President and Chief Executive Officer and Director. Mr. Boulay served as San Gold Corporation's first Chief Financial Officer from 2005 until June 2007.

St. Augustine Gold and Copper Limited (formerly Ratel Gold Limited) (TSX: SAU) announced that it has added Donald B. Mills to the CFO role. Mr. Mills brings experience and leadership to St. Augustine. Most recently, as CFO, he provided the financial stewardship during ASARCO LLC's bankruptcy proceedings. Prior to ASARCO, he rebuilt and upgraded the shared services infrastructure of HealthSouth in the wake of one of the largest accounting frauds in U.S. history.



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