Sunday, May 1, 2011

Canadian CFOs on the Move - week ending April 29, 2011

Companies with CFOs on the Move this week include: Biosign Technologies Inc., Kingsway Financial Services Inc. , Evolution Presentation Technologies Ltd., UEX Corporation, RX Exploration Inc., Aveos, RJK Explorations Ltd., Wireless Age Communications, Inc., TRIUMF, Cadman Resources Inc., Richmond Minerals Inc., Whiterock Real Estate Investment Trust

Biosign Technologies Inc. (TSX-V: BIO) announced the appointment of Colley Clarke as interim Chief Financial Officer (CFO). Mr. Clarke has served as CFO of Redknee Solutions Inc. (TSX: RKN), The Descartes Systems Group Inc. (Nasdaq, TSX: DSG), BCE Media, Canadian Satellite Communications Inc. and WPP Group Plc. Mr. Clarke currently serves as the Chairman of the Board and Chair of the Audit Committee for the Edleun Group, Inc. (TSX-V: EDU). Mr. Clarke succeeds Scott Worthington.

Kingsway Financial Services Inc. (TSX: KFS, NYSE: KFS) announced that William A. Hickey, Jr., currently the Company's Chief Operating Officer, will take on the additional responsibility of Chief Financial Officer. Hickey replaces Daniel Brazier, a contract employee who held the post while the Company transitioned its executive functions from Canada to the United States. Hickey has previously held the COO and/or CFO roles at Lumbermens Mutual Casualty Company, Cochran Caronia Waller and Fox-Pitt Kelton.

Evolution Presentation Technologies Ltd. of Calgary, Alberta announced the appointment of Brad Celmainis as its Chief Financial Officer.

UEX Corporation announced the appointment of Ed Boney as Chief Financial Officer. Prior to joining UEX, Mr. Boney held the position of Corporate Controller at Century Mining Corporation ("Century"), a Canadian junior gold mining company with producing mines in Canada and Peru.

RX Exploration Inc. (TSX-V: RXE, OTCQX: RXEXF) appointed John Ryan as the Chief Financial Officer ("CFO") of the Company on an interim basis. The former CFO, Maxwell Polinsky, has been offered the role of Vice President of Business Development with the Company.

Aveos announced that Peter Timotheatos, VP Finance at Aveos, has been promoted to CFO. Peter Before joining Aveos in 2008, he was Chief Financial Officer at BCE Elix, and prior to that Director of Mergers & Acquisitions at BCE. Mr. Timotheaotos is replacing Robert Comeau.

RJK Explorations Ltd. (TSX-V: RJX.A) announced that Barry Milne has tendered his resignation from the Company and has appointed Amanda Kasner as a Director, CFO and member of the Audit Committee of the Company. Ms. Kasner has worked with Ernst & Young LLP, and most recently with Ross Pope & Company LLP, in Kirkland Lake.

Wireless Age Communications, Inc. (PINK SHEETS: WLSA) announced the appointment of Mark A. Donovan as Chief Financial Officer of the Company. Mr. Donovan has had leadership positions in both Canada and the U.S. with Collective Brands, Blockbuster International, Blockbuster Canada, and Silcorp Ltd (Mac's Convenient Stores). He has served as a Member of the McKinney, Texas Chamber of Commerce, the De La Salle College "Oaklands" Founding Board of Trustees, the Motion Picture Foundation of Canada, the Child Abuse Prevention Foundation and The Retail Executive Group of Canada.

TRIUMF, Canada's National Laboratory for Particle and Nuclear Physics based in Vancouver, BC, has appointed Henry Chen as CFO, replacing outgoing Chief Financial Officer Shirley Reeve.

Cadman Resources Inc. (TSX-V: CUZ.H) announced the appointment of Alex Johnston as its interim Chief Financial Officer, replacing Dodge Li.

Richmond Minerals Inc. (TSX-V: RMD) announced that Andrew McGuire has been appointed Acting Chief Financial Officer to replace Ian A. Shaw who has resigned as Chief Financial Officer.

Whiterock Real Estate Investment Trust (TSX: WRK.UN) announced appointment of Kursat Kacira as the new Chief Financial Officer for the REIT, on the retirement of Frank Bucys, effective June 6, 2011. Mr. Kacira is an accomplished professional and brings to Whiterock over 17 years of real estate, finance, capital markets, and accounting experience both in Canada and the United States. Most recently, Mr. Kacira was Vice President & Director in the Real Estate Group, Investment Banking at TD Securities Inc. in Toronto, where he worked for the last 9 years.

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

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