Sunday, April 24, 2011

Canadian CFOs on the Move - week ending April 22, 2011

Companies with CFOs on the move this week include: Emera Inc., Conway Resources Inc., Gold-Ore Resources, New Millennium Capital Corp., Coronet Metals Inc., CYGAM Energy Inc., Catalina Metals Corp., Nextraction Energy Corp., Inspiration Mining Corporation


Emera Inc. (TSX: EMA) announced that Judy Steele has been appointed interim Chief Financial Officer effective May 16, 2011. Ms. Steele is replacing Nancy Tower who was recently appointed CEO for Emera Newfoundland and Labrador, and Executive Vice President of Business Development for Emera. Ms. Steele is presently the Vice President of Finance for Emera Energy Inc., and a member of its Executive Team. Prior to joining Emera Energy, Ms. Steele worked in a variety of capacities across Emera's business including Investor and External Relations, Strategy Development, and Regulatory Affairs. Ms. Steele is a Director of Film Nova Scotia, a Crown Corporation of the Province of Nova Scotia; and a former Director of The Halifax Port Authority, and Chair of its Audit Committee. She is well known for her community leadership, which has included serving as Treasurer of the 2011 Canada Winter Games, and as National Chair of The Canadian Breast Cancer Foundation (the "Run for the Cure").

Conway Resources Inc. (TSX-V: CWY) announced the appointment of Gilles Rochette as Chief Financial Officer and a Director of the Corporation. Mr. Rochette replaces Francois Kalos, who has resigned as a Director and Chief Financial Officer and will henceforth be in charge of corporate development for the Corporation. Mr. Rochette has acquired 20 years of experience in the accounting industry working for accounting firms, financial institutions and companies. He specializes in project and treasury management.

Gold-Ore Resources (TSX: GOZ) announced the appointment of Michael Kerfoot to the position of Chief Financial Officer, replacing Maricruz Alvarado. Most recently, Mr. Kerfoot was the CFO for Panoro Minerals, an exploration company with two advanced stage exploration copper porphyry properties in Peru. Prior to that, he was the Controller at a tungsten mining company.

New Millennium Capital Corp. (TSX-V: NML) announced that Mark Freedman, currently acting as interim Chief Financial Officer of the Corporation, has now been confirmed as Chief Financial Officer.

Coronet Metals Inc. (TSX-V:CRF.H) announced that Theo van der Linde has been appointed Chief Financial Officer. Mr. van der Linde currently provides financial consulting, management and accounting services to Public companies. During the last seven years of his career Mr. van der Linde has worked with Etruscan Resources Inc. and ended up as the CFO for Burkina Mining Company in Burkina Faso.

CYGAM Energy Inc. (TSX-V: CYG) announced that Ali Rawji will resign from his position of Chief Financial Officer effective June 1, 2011.

Catalina Metals Corp. (TSX-V: CTX.H) announced that Ian Gallie has resigned as Chief Financial Officer and director of the Company. Alec Peck has been appointed as Chief Financial Officer. Mr. Peck brings more than 25 years experience in the financial markets. From 1986 until 1993, he was a partner in Toronto and then Vancouver with member offices of the international public accounting firm Horwath International. From 1993 until March, 2004, he was a vice-president in the corporate finance group of publicly listed full-service investment dealers, first with CM Oliver and then Canaccord Capital Corp., which acquired CM Oliver.

Nextraction Energy Corp. (TSX-V: NE) announced that Scott David Badcock has been appointed as Chief Financial Officer. Prior to joining Nextraction, Mr. Badcock was employed by two of the world's largest professional service firms, Ernst & Young and Deloitte & Touche and has extensive oil and gas industry experience serving such clients as Paramount Resources Ltd., MGM Energy Corp. and British Petroleum PLC in Calgary, Alberta.

Inspiration Mining Corporation (TSX: ISM, FRANKFURT: OI8) announced that James Davis, its Chief Financial Officer (CFO), is retiring from the company. Inspiration is pleased to report that Mr. Davis will be succeeded by Peter Anderson as its new Chief Financial Officer. Mr. Anderson was formerly the Vice President Finance of Stratacon Inc. Prior to joining Stratacon Inc., Mr. Anderson was the Chief Financial Officer of Gas Recovery Systems LLC, a major U.S. based landfill gas to energy company.

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

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