Companies with CFOs on the Move this week include: CAE Inc., MBMI Resources Inc., Eldorado Gold Corporation, Imaging Dynamics Company Ltd., Everton Resources Inc., Home Capital Group Inc., Liquid Nutrition Group Inc., Divestco Inc., Sagres Energy Inc., Mistango River Resources, Redzone Resources Ltd., Central Iron Ore Limited, Sonde Resources Corp., PanTerra Resource Corp., Big Eagle Services, Canadian Apartment Properties Real Estate Investment Trust (CAPREIT), Northern Lion Gold Corp.
CAE Inc. (TSX: CAE, NYSE: CAE) announced the appointment of Stéphane Lefebvre as Vice President, Finance and Chief Financial Officer effective immediately. Mr. Lefebvre replaces Alain Raquepas who is leaving the company. Mr. Lefebvre as been an executive with CAE since 1997, most recently as Vice President, Finance, Military and New Core Markets. Mr. Lefebvre joined CAE as Structured Finance Manager in 1997 and became a director in 2000. Over the years, Mr. Lefebvre has held senior posts with responsibilities in the U.K., Australia and Canada. In 2005, he was named Vice-President, Finance, Military, and, later in the year, he added the responsibility of the Civil Simulation Products segment. CAE provides its military customers simulation products and training services at more than 60 locations worldwide. Mr. Lefebvre sits on a number of CAE boards including Rotorsim, a consortium held by CAE and AgustaWestland, a Finmeccanica company. He is also on the Board of The Helicopter Academy to Train by Simulation of Flying (HATSOFF), a joint venture of Hindustan Aeronautics Limited (HAL) of India and CAE.
MBMI Resources Inc. (TSX-V: MBR) announced that John F. Cook has been appointed as Executive Vice President and interim Chief Financial Officer of the Company. Mr. Cook has held the position of independent director and qualified person of MBMI since March, 2003. A Professional Mining Engineer, Mr. Cook has more than 45 years of extensive experience in all facets of mining development, operations and management. Currently Mr. Cook is the President and CEO of Firebird Resources Inc. and a director of Strategic Resources Inc., Southern Andes Energy Inc., Cerro Resources Inc., Nord Resources Corp., and Homeland Uranium Inc. Past positions include President of San Anton Resources, Chairman of Premier Gold and Chairman of Wolfden Resources Inc. Adrian Rothwell, the Company's former Chief Financial Officer, is resigning due to his other significant work commitments.
Eldorado Gold Corporation (TSX: ELD, NYSE: EGO, ASX:EAU) announced that Ed Miu has resigned his position as Chief Financial Officer to pursue other endeavors. Ed joined Eldorado from Sino Gold in December 2009 and has assisted in the integration of the Sino Gold assets as well as leading the finance department over the past one a half years. Fabiana Chubbs, currently Eldorado's Treasurer and Risk Manager, will be assuming the role of Chief Financial Officer. Fabiana has been serving the Company in the role of Treasurer and Risk Manager. Fabiana joined Eldorado in July 2007 after a long association with the Company in her role of Senior Manager PricewaterhouseCoopers Audit Group.
Imaging Dynamics Company Ltd. (TSX: IDL) announced the appointment of Shameze Rampertab to the Board of Directors of IDC. Mr. Rampertab is a seasoned business finance leader in the healthcare sector with depth of experience in capital markets, finance, strategic planning and analysis. Mr. Rampertab is currently the Vice President Finance & Chief Financial Officer for Intellipharmaceutics International Inc. (NASDAQ:IPCI; TSX:I). Prior to this, he spent 14 years in capital markets serving the life sciences sector.
Everton Resources Inc. (TSX-V: EVR, FRANKFURT: ERV) announced that David Massola was elected to the Board of Directors of the Company. Mr. Massola was the Senior Vice President Finance and Chief Financial Officer of GlobeStar Mining Corporation between 2006 and 2011. While at GlobeStar, Mr. Massola was active in facilitating Perilya Ltd.'s (ASX:PEM) acquisition and integration of GlobeStar. Prior to joining GlobeStar, Mr. Massola was Chief Financial Officer of De Beers Canada Inc. ("De Beers") where he was in charge of all the financial aspects of the company's Canadian operations. Previous to De Beers, Mr. Massola spent 20 years with BHP-Billiton in various positions in Canada, Chile and the United States. He was Vice President of Finance of BHP-Billiton's Ekati Diamond Mine from 1997 through 2001, responsible for the financial aspects of the mine from the construction period through commercial production.
Home Capital Group Inc. (TSX: HCG) announced the appointment of Robert J. Blowes as Chief Financial Officer of Home Capital and its wholly owned subsidiary, Home Trust Company. Mr. Blowes joined the Company as Senior Vice President, Finance in November 2010. He is an experienced financial executive, having recently retired as a Partner at Ernst & Young, where he served a number of reporting issuers in the financial services and technology sectors over the course of a 35-year career.
Liquid Nutrition Group Inc. (TSX-V: LQD) announced the appointment of Mark O'Hara as Chief Financial Officer. Mr. O’Hara was the Chief Financial Officer for Air Liquide Middle East & North Africa FZCO, based in Dubai, where he led the start-up of all accounting and finance activities in the region. He began his career in public accounting with Price Waterhouse London (England) and Toronto offices.
Divestco Inc. (TSX-V: DVT) announced the departure of its Chief Financial Officer, Roderick Chisholm. For the near to medium term Stephen Popadynetz, the current CEO and President, will assume the role of Chief Financial Officer. Danny Chiarastella, Vice President Finance will report directly to Mr. Popadynetz.
Sagres Energy Inc. (TSX-V: SGI) announced the appointment of Darren Moulds as Chief Financial Officer. Mr. Moulds is concurrently the Chief Financial Officer with the Forbes Energy Group of Companies. 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).
Mistango River Resources (CNSX: MIS) announced the appointment of Johnny Oliveira as the Chief Financial Officer. Previously, Robert J. Kasner, President and Chief Executive Officer of the Corporation, also served as the Corporation's acting Chief Financial Officer. Mr. Oliveira is serving as Controller and/or Chief Financial Officer of several junior mining and exploration companies listed on the CNSX, TSXV and TSX.
Redzone Resources Ltd. (TSX: REZ) reports that Pauline Pasetka has tendered her resignation as Chief Financial Officer, effective July 31, 2011, to pursue other interests. As of August 1, 2011, the Chief Financial Officer role will be assumed by Rebecca Moriarty. Ms. Moriarty is a senior consultant with Malaspina Consultants Inc. Malaspina offers junior public companies, on an out-sourced basis, financial reporting and management services. Prior to joining Malaspina, Ms. Moriarty worked for 11 years in the audit practice of an international accounting firm, the last seven years of which as a manager. During this time, she worked exclusively on clients in the resource sector. Ms. Moriarty is currently the Chief Financial Officer of Brea Resources Corp., a client of Malaspina.
Central Iron Ore Limited (TSX-V: CIO) announced that Graham Hurwitz has been appointed Chief Financial Officer. Peter Treston has resigned as Chief Financial Officer but will continue to consult to the Company. Mr. Hurwitz was a director of a Chartered Accountancy practice in Australia for 22 years. Subsequently, he served as Chief Financial Officer of Allegiance Mining Limited (listed on the Australian Stock Exchange until acquired in 2008). He is currently a director of Hurwitz Geller Pty Limited, a Chartered Accountancy practice. He also acts as Chief Financial Officer of Gullewa Limited (listed on the Australian Stock Exchange). He is also a director of The Australian Institute of Music Limited.
Sonde Resources Corp. (TSX: SOQ, NYSE Amex: SOQ) announced the appointment of Kurt Nelson as CFO. From June 2008 to present, Mr. Nelson worked in a private upstream petroleum finance practice. Prior thereto, from November 2001 to May 2008, he was Vice President and Chief Accounting Officer for Harvest Natural Resources, Inc., (“Harvest”) a public oil and gas company and from November 2001, he served as Vice President and Controller. From September 2000 until November 2001, Mr. Nelson was Manager, Operations Analysis for Anadarko Petroleum Corporation. Prior to his time with Anadarko, Mr. Nelson spent 19 years with The Louisiana Land and Exploration Company and its successor Burlington Resources, Inc., holding various positions, including Manager, Business Development.
PanTerra Resource Corp. (TSX-V: PRC) announced that Oxana Cusnir has been appointed CFO. Ms. Cusnir brings over 15 years of oil & gas and other accounting experience to the Company. At his request, Ron Sparrow has assumed the role of Controller, allowing him more time in his semi-retirement.
Big Eagle Services, a leading provider of oilfield services in Western Canada, today announced that Morley Myden will succeed Texas Howard as Chief Financial Officer of Big Eagle. Mr. Myden joins Big Eagle from High Arctic, where he has worked as Chief Financial Officer since 2007. Prior to High Arctic, Mr. Myden spent over 20 years at Halliburton in a number of senior finance, accounting and operational roles both in Canada and abroad. In various capacities, Mr. Howard will remain with the Company as an Executive Vice President and a member of the senior management team. Since assuming the CFO role in June 2010, Mr. Howard led the accounting department and successfully completed various projects including the transition and re-staffing of the corporate accounting functions into Calgary.
Canadian Apartment Properties Real Estate Investment Trust (TSX: CAR.UN) announced that Scott Cryer has been appointed Chief Financial Officer of the REIT. Mr. Cryer has been with CAPREIT since September 2009 and, prior to his appointment as CFO, held the position of Vice President, Financial Reporting. Prior to joining CAPREIT, Mr. Cryer had an eleven year career of increasing responsibility in the Real Estate Assurance and Advisory practice of Deloitte & Touche LLP. Mr. Cryer is replacing Richard Smith, who is leaving CAPREIT effective June 24, 2011 to pursue a new opportunity following the fulfillment of his mandate to reorganize and strengthen CAPREIT's accounting department and systems.
Northern Lion Gold Corp. (TSX-V: NL, FRANKFURT: N3E) announced that Tammy Gillis has been appointed as Chief Financial Officer. Ms. Gillis was formerly the Company's Financial Controller.
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