Sunday, June 12, 2011

Canadian CFOs on the Move - week ending June 10, 2011

Companies with CFOs on the Move this week include: Ridgemont Iron Ore Corp., Calvalley Petroleum Inc., Noveko International Inc., CE Franklin Ltd., Atlantis Systems Corp.

Ridgemont Iron Ore Corp. (TSX-V: RDG) announced the appointment of Yvette Harrison as Chief Financial Officer. Ms. Harrison has worked as Chief Financial Officer, VP Finance, Director Finance, Controller and Consultant with numerous public and private companies. Ms. Harrison is replacing Anna Ladd as CFO.

Calvalley Petroleum Inc. (TSX: CVI.A) announced the appointment of Gerry J. Elms as Chief Financial Officer. From 1997 to 2005, Mr. Elms was Vice President, Finance and Corporate Secretary of Penn West Petroleum Ltd. Mr. Elms joined Penn West in 1994 as part of the management team that executed a strategy to significantly increase production and reserves, as well as shareholder value, through a combination of organic growth and corporate acquisitions. Since 2005, Mr. Elms has been Vice President, Finance and CFO at two private start-up oil and gas companies. From 1981 until he joined Penn West, Mr. Elms held various financial management positions with Petro-Canada and NOVA Corporation. The Company also announced that Zacharie Magnan, who has been the Acting CFO of Calvalley, will continue his significant service with the Company as Vice-President of Finance.

Noveko International Inc. (TSX: EKO) announced that Éric Phaneuf, Senior Vice-President and Chief Financial Officer of the Company, has decided, for strictly personal reasons, to reorient his career and has accepted a position with another company. Until his replacement, André Leroux, Chairman of the Board and Chief Executive Officer of the Company, will also act, on an interim basis, as Chief Financial Officer.

CE Franklin Ltd. (TSX.CFT, NASDAQ.CFK) announced the promotion of Derren Newell to the position of CFO. Mr. Newell, previously Financial Controller has extensive experience and expertise in finance, accounting, audit, tax and a wealth of experience with strategic and operational support in the energy and distribution industries. Mr. Newell succeeds Mark Schweitzer who is leaving CE Franklin to pursue an opportunity with an oil sands development company.

Atlantis Systems Corp. (NEX: AIQ.H) today announced the appointment of Anne-Marie Gammon as Chief Financial Officer. Anne-Marie replaces Ron Brown who has been the Interim CFO since February 2010 and who will remain with Atlantis for a transition period to support Anne-Marie.

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

Sunday, June 5, 2011

Canadian CFOs on the Move - week ending June 3, 2011

Companies with CFOs on the Move this week include: Hart Stores, Khan Resources Inc., Corvus Gold Inc., CCL Industries Inc., Trevali Mining Corporation, GT Canada Medical Properties REIT, Marfil Mines Ltd., DDS Wireless International Inc., ID Watchdog, Inc., Western Wind Energy Corp., Cream Minerals Ltd., General Donlee Canada Inc., Acceleware® Ltd., Stoneset, DirectCash Payments Inc., Alamos Gold Inc.

Hart Stores (TSX: HIS) announced the appointment of Robert Harritt as Vice President Finance and Chief Financial Officer of the Company. Mr. Harritt has held the position of Vice-President of Finance in a number of highly successful public and private Quebec based firms over the last twenty-five years, including Rona and Hartco to name a few.

Khan Resources Inc. (TSX: KRI) announced that it has appointed K. Bruce Gooding as Chief Financial Officer. Mr. Gooding was most recently in his own practice providing project and management services to the mining and other industries. Mr. Gooding replaces Paul D. Caldwell, the outgoing Chief Financial Officer.

Corvus Gold Inc. (TSX: KOR, OTCQX: CORVF) announced the appointment of Peggy Wu as the Company's new Chief Financial Officer. Ms. Wu succeeds former CFO Michael Kinley who will remain with the Company as a consultant through a transition period before leaving to pursue other opportunities. Ms. Wu is currently the CFO for Indico Resources Inc. as well as the Financial Reporting Specialist for the Cardero Group of Companies, which include Balmoral Resources Ltd. and Abzu Gold Ltd.

CCL Industries Inc. (TSX: CCL.A, CCL.B) announced that Gaston Tano, Senior Vice President and Chief Financial Officer, has tendered his resignation to accept a new position, in a similar capacity, at a consumer products company in the private sector and will be leaving CCL at the beginning of August following the release of the Company's second quarter earnings.

Trevali Mining Corporation (TSX: TV, OTCQX: TREVF, FRANKFURT: 4TI) announced the appointment of Anna Ladd as its Chief Financial Officer. Anna has served as Vice President Finance and Chief Financial Officer for a number of TSX listed junior mining and development companies in addition to several mid-size to senior gold and base metal producers including Grande Cache Coal's operations, Kinross Gold Corporation's Fort Knox, Round Mountain and Kettle River operations and Vale Inco's Thompson and Sudbury base metal operations. Concurrent with Ms. Ladd's appointment, Michael Kinley has stepped-down as CFO in order to devote more time to several early-stage exploration companies of which he is also the Chief Financial Officer.

GT Canada Medical Properties REIT (TSX-V: MOB.UN) announced that Sean Nakamoto has resigned as Chief Financial Officer to pursue other opportunities. Mr. Nakamoto has agreed that his resignation will be effective after the release of the REIT's financial statements and MD&A for the recent quarter.

Marfil Mines Ltd. (TSX-V: MFM) announced the appointment of Matthew A. Fowler to the position of Chief Financial Officer of the Company. Mr. Fowler has been the Interim CFO of the Company since October 2010. Mr. Fowler serves as a Senior Consultant with Sharp Executive Associates, Inc., an international financial consultancy assisting private, USA, and Canadian listed public companies with accounting and regulatory compliance needs. Mr. Fowler served as a partner, CFO and CCP at Strata Partners, LLC, a boutique investment bank based in Seattle, Washington where he was responsible for capital raising as well as all financial, operational and compliance requirements with the Financial Industry Regulatory Authority.

DDS Wireless International Inc. (TSX: DD) announced that its Chief Financial Officer and Corporate Secretary, Jim Zadra, is leaving the Company to pursue other opportunities. Mr. Zadra has been with DDS for almost three years and will remain on with DDS through to the end of August to ensure an orderly transition.

ID Watchdog, Inc. (TSX-V: IDW, OTC: IDWAF) announced that the Company has named Jay Lewis as its new Chief Financial Officer. Mr. Lewis will be replacing Dennis Perkins who is leaving the Company after four years of service. Prior to joining ID Watchdog, Jay served as the CFO of Jones Media Networks, a Denver, Colorado based media company.

Western Wind Energy Corp. (TSX-V: WND) announced that Chris Thompson, the CFO, has been promoted to the position of Senior Vice President - Project Finance and Keven Craig, the Corporate Finance Manager, has been promoted to Chief Financial Officer of the Company.

Cream Minerals Ltd. (TSX-V: CMA) announced that Angela Yap has been appointed the Chief Financial Officer of the Company. Ms. Yap has previously held successively senior positions, most recently as Director of Corporate Accounting with the Anthem Properties Group. Ms. Yap replaces Shannon Ross, who served as Chief Financial Officer and Corporate Secretary of the Company since 2000.

General Donlee Canada Inc. (TSX: GDI) announced that Michael Snow, President and Chief Executive Officer, will be leaving the Company, and has named the Company's Chief Financial Officer, Garen Mikirditsian, as interim CEO until a new CEO is appointed.

Acceleware® Ltd. (TSX-V: AXE) announced that Heather Stubbs has been appointed Chief Financial Officer of Acceleware. Prior to joining Acceleware, Ms. Stubbs was the Manager of Financial Reporting for Peak Energy Services Ltd., a publicly held energy services company.

Stoneset (CNSX: SQC) has announced that Anna Lentz of Brava CFO Services Inc. has submitted her resignation to Stoneset due to other commitments with other clients. Peter Jarman will act as interim CFO.

DirectCash Payments Inc. (TSX: DCI) announced that Brian Kathol has joined the company as CFO for DirectCash Payments Inc., as well as the various other limited partnerships, partnerships, corporations, and subsidiaries that are part of the DirectCash group (collectively referred to as "DirectCash"). Claudette M. Dick will return to the position of Vice President of Finance at DirectCash. Mr. Kathol brings with him recent experience as Vice President of Technologies (from 2007 to 2010) and prior as Vice President of Finance and Administration (from 2004 to 2007) at Enersul Inc., a private sulphur processing corporation.

Alamos Gold Inc. (TSX: AGI) announced that James R. Porter, previously Alamos' Vice President of Finance, has been promoted to Chief Financial Officer of the Company. Mr. Porter has been with the Company for nearly six years, joining Alamos in 2005 as Controller. Prior to joining Alamos, Mr. Porter held the position of Controller and Corporate Secretary for another publicly-listed gold producing company and was a manager in the assurance practice at PricewaterhouseCoopers. Mr. Porter's appointment follows the retirement of Jon Morda, Alamos' Chief Financial Officer since 2004.

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