Companies with CFOs on the Move this week include: General Motors, Kinross Gold Corporation, Key Gold Holding Inc., Artha Resources Corporation, Mega View Digital Entertainment Corp., Essex Angel Capital Inc.
General Motors (NYSE: GM, TSX: GMM) Vice Chairman and Chief Financial Officer Chris Liddell today announced that he will leave the company April 1, 2011. Dan Ammann will succeed Liddell as General Motors chief financial officer, effective April 1, 2011. Ammann, 38, is currently GM vice president, finance and treasurer. Since joining the company in March, 2010, Ammann has led the GM Treasurer's Office, based in New York, with operations around the world. Prior to GM, Ammann was managing director and head of Industrials Investment Banking for Morgan Stanley and was instrumental in many high profile assignments spanning a variety of technology, service, and manufacturing clients. A successor for Ammann in GM's Treasurer's Office will be announced at a later date.
Kinross Gold Corporation (TSX: K; NYSE: KGC) announced the appointment of Paul H. Barry as Executive Vice-President and Chief Financial Officer. Mr. Barry replaces Thomas M. Boehlert, who will be leaving the Company by mutual agreement to pursue other opportunities. Mr. Boehlert will remain with the Company for an appropriate period to ensure a smooth transition. Since 2009, he has been an independent consultant in Washington, D.C. From 2007 to 2009, Mr. Barry was Senior Vice-President and Chief Financial Officer of Pepco Holdings, Inc. From 2002 to 2007, he held several positions at Duke Energy Corporation, including most recently Senior Vice-President and Chief Development Officer. Previously, he held positions in business development and financial management at Amoco Corporation and General Electric Company.
Key Gold Holding Inc. (TSX-V: KGH) announced the appointment of Graham Warren to the positions of Chief Financial Officer, Corporate Secretary and Director of the Corporation effective immediately. Mr. Warren is a senior financial executive with over 25 years of experience with emerging companies in the oil and gas, mining, environmental, biotech and software sectors. He has extensive operations, international business, corporate finance and public market experience. Mr. Warren has served as Chief Financial Officer and Director of several public issuers.
Artha Resources Corporation (TSX-V: AHC) announced the appointment of George Lim to its Board of Directors. Mr. Lim is currently the Chief Financial Officer of Dundarave Resources Inc. (TSX-V: DDX) and is on the board of directors of Eurasian Mineral Inc. (TSX-V: EMX). Until its recent takeover, in a transaction valued at in excess of $430 million, Mr. Lim held the position of Chief Financial Officer of Potash One Inc. (TSX: KCL). Mr. Lim was also the Chief Financial Officer of Energy Metals Corporation (NYSE-ARCA: EMU, TSX: EMC) prior to its take-over in a transaction valued at $1.5 billion. Mr. Lim has been involved in numerous financings, mergers and acquisitions of public companies listed on TSX and NYSE.
Mega View Digital Entertainment Corp. (TSX-V: MVD) announces that Michael Lam has been appointed as Chief Financial Officer, replacing Felix Tung. Michael was formerly a Senior Manager with Deloitte & Touche LLP specialising in Canadian and U.S. public companies filings. Michael has previously also served as Group Accountant at Vive Synergies Inc., a manufacturer of special telephony products and as Manager at KPMG (Mauritius).
Essex Angel Capital Inc. (TSX-V: EXC.P) announced today that Michael Labiak was appointed Chief Financial Officer. Mark Meldrum, who previously held the titles of President, Chief Executive Officer, Chief Financial Officer and Chairman, will remain a director and Chairman of the board of directors.
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