Showing posts with label Fire. Show all posts
Showing posts with label Fire. Show all posts

Sunday, November 28, 2010

Canadian CFOs on the Move – week ended November 26, 2010

Elgin Mining Inc. (TSX-V: ELG) announced the appointment of Brian Morales as Chief Financial Officer, succeeding the Company's current Chief Financial Officer Dustin Angelo, who will be resigning from the Company effective November 30, 2010. Prior to joining Elgin, Mr. Morales held a finance position with Kinross Gold Corporation and prior to that he was employed in equity research with Credit Suisse Securities (Canada) Inc.

Greenscape Capital Group Inc. (TSX-V: GRN) announced the appointment of Robert Geisthardt as Chief Financial Officer for the company, replacing Paul Plater. Mr. Geisthardt is currently employed in the energy trading division at Powerex Corporation where he is responsible for buying and selling electricity throughout the entire WECC (Western Energy Coordinating Council) including California and MAPP (Mid-Continent Area Power Pool) in real time. Mr. Geisthardt is also a partner at Quantum Advisory Partners LLP, which is a Canadian-based firm that provides advisory services to North American public companies.

Intelimax Media Inc. (OTCBB: IXMD) announced the appointment of Glenn Little as interim CFO and Secretary, repalcing Galit Alon who recently resigned. For the past five years Mr. Little has been working with Intelimax as a consultant doing corporate development activities. From 1999 to 2005 Mr. Little was Director and provided Corporate Development services for Stream Communications Network & Media Inc. From 1993 to 1999 Mr. Little was Vice President and Director of Trooper Technologies Inc. a TSX-V listed company.

Great Western Minerals Group Ltd. (TSX-V: GWG) announced the appointment of Jim Davidson as Chief Financial Officer of the Company. Mr. Davidson was, most recently, Chief Financial Officer with Athabasca Potash Inc. Previously, Mr. Davidson spent 19 years in the finance divisions of Weyerhaeuser in several locations throughout North America.

Yangarra Resources Ltd. (TSX-V: YGR) announced the appointment of James Glessing as Chief Financial Officer, replacing Penny Payne will resign from the position of CFO for the Company, but will continue to provide consulting services to Yangarra on an ongoing basis for the preparation of financial reporting and tax matters. Mr. Glessing’s previous experience includes varying financial roles with Deloitte and Canadian Natural Resources. Mr. Glessing was controller at BlackRock Ventures which was acquired by Shell Canada in 2006. Most recently, he served as CFO and Vice President Finance at North Peace Energy Corp. which was acquired by Southern Pacific Resource Corp.

Huntington Exploration Inc. (TSX-V: HEI) announced that David Dion has been appointed as the Company's Chief Financial Officer.

Canadian Satellite Radio, a new company to be created upon the merger of Sirius Canada and XM Canada, will have Michael Washinushi, the current CFO of XM Canada, become CFO of the new company.

Exploration Orbite V.S.P.A. Inc. (TSX-V: ORT.A) announced that Jacques Bédard has been appointed Vice President Finance and Chief Financial Officer of Orbite. His résumé includes terms as Vice President Finance and CFO for companies such as Softimage and ART, and he has also held senior management positions with Microsoft, among others.

Southern Arc Minerals Inc. (TSX-V: SA) announced that Cyrus Driver has joined executive management as interim Chief Financial Officer, replacing Eduard Epshtein. Mr. Driver was founding partner in the firm of Driver Anderson, Chartered Accountants, and is currently a partner of Davidson & Company, Chartered Accountants. He specializes in servicing TSX Venture Exchange listed companies and members of the brokerage community. Mr. Driver currently serves as director and/or chief financial officer for several TSX Venture Exchange companies.

Swiss Re has appointed Jonathan Turner as chief financial officer of its Canadian operations, effective Nov. 22, 2010. Mr. Turner joins Swiss Re from Ernst & Young, where he specialized in both the property and casualty and life and health insurance sectors. He started his career with Ernst & Young in the United Kingdom and has been located in Toronto since 2001.

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

Sunday, November 7, 2010

Canadian CFOs on the Move – week ended November 5, 2010


Boutique iStore has announced that Isabelle Beaulieu has joined Boutique iStore as VP Finance and Operations. Ms. Beaulieu replaces VP Finance Gareth Sargeant. Isabelle is a seasoned executive with more than 20 years of corporate experience in Finance, Operations and Information technology in various companies and industries in the Montreal area. 

Lifebank Corp. (TSX-V: LBK) announced the appointment of Jeff Charpentier as Chief Financial Officer. Mr. Charpentier replaces Owen Granger, who has resigned as Director and Chief Financial Officer and Secretary Treasurer of Lifebank.


BSM Wireless Inc. (TSX-V: GPS) announced the appointment of Jenny Stranges, current Executive Vice President of Finance, as the company's Chief Financial Officer. Mrs. Stranges will take over the duties of outgoing CFO Jas Mann who resigned his position earlier this month and is leaving the company effective November 10, 2010.

Leader Energy Services Ltd. (TSX-V: LEA) today announced the appointment of Graham Reid as Chief Financial Officer. Mr. Reid will succeed Don Baird as Chief Financial Officer of the Company. Prior to this appointment, Mr. Reid was Vice President Finance and Chief Financial Officer of Norex Exploration Services Inc.

Stoneset Equity Development Corp. (CNSX: SQC) announced the resignation of Stephen Yuen as CFO and the appointment of Anna Lentz as the new CFO.

Malbex Resources Inc. (TSX-V: MBG) announced the resignation of its Chief Financial Officer, Derrick Weyrauch, effective January 31, 2011.

ANDINA Minerals Inc. (TSX-V: ADM) announced the appointment of Derrick Weyrauch as Chief Financial Officer of the Company. He is currently the Chief Financial Officer of Malbex Resources Inc., a publicly traded gold mining company, and will continue in that capacity until January 31, 2011 to assist Malbex in their transition. Previously, Mr. Weyrauch was the Treasurer and Director of Finance for Gabriel Resources Ltd., also a publicly traded gold mining company.

Lithium Americas Corp. (TSX: LAC) announced that Ian Fodie has been appointed Chief Financial Officer of the Company. Mr. Fodie replaces Raymond Mitchell. Mr. Fodie has had an extensive career, including most recently serving as President and CEO of Woulfe Mining (TSX-V: WOF), as the CFO for Resinco Capital Partners Inc. (TSX: RIN), and former CFO and VP of Operations at Mainframe Entertainment Inc.

Healthscreen Solutions Inc. ("Healthscreen") (TSX-V: MDU) announce the addition of Anastasia Chodarcewicz as Chief Financial Officer. Ms. Chodarcewicz brings domestic and international experience from her seven years with Sirit Inc., a Canadian public technology company.

Forest Gate Energy Inc. (TSX-V: FGE) announced that it has appointed L. Derek Lindsay as Chief Financial Officer of the company. Mr. Lindsay joins Forest Gate from Eloda Corporation, a publicly traded media software company, where he held the position of Vice President and Chief Financial Officer from 2008 onward. From 2006 to 2008, Mr. Lindsay was Vice President and Chief Financial Officer at CryoCath Technologies Inc.

Alto Ventures Ltd. (TSX-V: ATV) announced the appointment of Robert Anderson as the Company's new Chief Financial Officer to replace Leonard Schmidt who resigned as CFO.

Stealth Ventures Ltd. (TSX-V: SLV) announced that Roger Harman has been appointed as Stealth's new Chief Financial Officer. Prior to joining the Stealth team Mr. Harman was the Chief Financial Officer at PRD Energy Inc. and the Chief Financial Officer at Canadian Superior Energy Inc. (now Sonde Resources Corp.)

Melcor Developments Ltd. (TSX: MRD), announced that following the resignation of Melcor's CFO, Michael ShabadaNaomi Stefura has assumed the role of Acting Chief Financial Officer and Brett Halford has assumed the position of Acting VP Finance. Both Naomi and Brett will remain in these positions until the CFO position is permanently filled.

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

Sunday, October 24, 2010

Canadian CFOs on the Move – week ended October 22, 2010

Indico Resources Ltd. (TSX-V: IDI) appointed Peggy Wu as its Chief Financial Officer to replace Michael Kinley, who resigned as CFO in order to devote more time to other issuers of which he is also the Chief Financial Officer. Ms. Wu’s past experience includes three years at Smythe Ratcliffe LLP as a senior accountant and, prior to that, two years at STS Partners LLP as staff accountant.

Savant Explorations Ltd. (TSX-V: SVT) announced that David Douglas has been appointed as Chief Financial Officer, replacing Robert McKnight, interim CFO. Mr. McKnight will remain a Director of Savant. Mr. Douglas has served as Chief Financial Officer or Corporate Secretary to a number of junior mining companies including Blackstone Ventures Inc., Western Keltic Mines Inc., Stornoway Diamond Corporation, Sherwood Copper Corporation and Eastfield Resources Ltd. Mr. Douglas will continue to serve as Chief Financial Officer of Blackstone Ventures Inc.

Alberta Oilsands Inc. (TSX-V: AOS) announced the appointment of Andrew Constantinidis as Vice President Finance and Business Development of the Company. Most recently he was Vice President and Chief Financial Officer of Calgary based Eurogas Corporation (TSX-V: EUG). Mr. Constantinidis' international experience includes positions at companies including Deutsche Bank, Citibank, ExxonMobil and domestically at IBM.

Unigold Inc. (TSX-V: UGD) announced that John Green has been appointed Chief Financial Officer, replacing Joseph Del Campo who has resigned as CFO but will continue as a Director. Mr. Green has worked with Falconbridge Limited, Lac Minerals Limited, AfriOre Limited, Platexco Inc., and Intrepid Minerals Ltd. in a variety of roles including CFO and Director. For the last seven years, as Controller of High River Gold Mines Ltd., he has been closely involved with the financing and construction of two new open-pit gold mines.

Essar Steel Algoma Inc. announced that Amit Agarwal, Chief Financial Officer has been assigned new duties at Essar's Corporate Office in India and has consequently relocated to Mumbai, India. Rakesh Kapur, has been appointed Chief Financial Officer for Essar Steel Algoma, accountable for all financial functions. He comes to Essar from ArcelorMittal where he served most recently as Chief Financial Officer and Member of the Board of Directors at their steel complex in the Czech Republic.

DiaMedica Inc. (TSX-V: DMA) announced the appointment of James Parsons as Vice President of Finance, replacing Eric Johnstone. Mr. Parsons was previously the Chief Financial Officer for both private and public life science companies including Amorfix Life Sciences, Trillium Therapeutics and Lorus Therapeutics. He has also consulted for numerous firms including Astra Zeneca.

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

Sunday, October 17, 2010

Canadian CFOs on the Move – week ended October 15, 2010

Standard Exploration Ltd. (TSX-V: STD) announced the appointment of Neil Burrows as Vice President Finance and Chief Financial Officer.

Bowmore Exploration Ltd. (TSX-V: BOW) announced the appointment of Martin Nicoletti as Chief Financial Officer. Since 2004, he has been involved with public junior mining companies carrying exploration activities worldwide, with responsibilities in financial controls and reporting. Mr. Nicoletti replaces Richard Grass who acted as interim Chief Financial Officer during a transition period. Mr. Grass will remain as Chairman of the Audit Committee.

Athabasca Minerals Inc. (TSX-V: ABM) announced the appointment of Don Hruba as the Company's Chief Financial Officer (CFO). He most recently served as Vice President, Finance & Administration for a large Canadian publishing and distributing company.

Western Plains Petroleum Ltd. (TSX-V: WPP) announce that Steven Glover has been appointed by the Board of Directors as Vice-President, Finance, and Chief Financial Officer. Mr. Glover previously was Vice-President, Finance, with TSX Venture Exchange listed entities Valiant Energy Inc. (2005 - 2006) and Eagle Rock Exploration Ltd. (2006 - 2009). Mr. Glover currently serves as a Director and Chair of the Audit Committee for Travel Alberta, and also provides consulting financial advisory services to private corporations, partnerships and income trusts. Throughout his career, Mr. Glover has remained active in various professional accounting organizations, serving as a Director of the Canadian Public Accountability Board (2003 - 2005) and as an Executive Director of the Institute of Chartered Accountants of Alberta (1984 - 2005).

RTN Stealth Software Inc. (CNSX: RTN, OTCBB: RTNSF, FWB: 8RT) announced that John Doma has been appointed the Company's CFO, following the resignation of Larry Tsang.

Verafin, Inc. announced that Brian G. Whiteway has joined the company as chief financial officer. Prior to Verafin, Mr. Whiteway held positions as vice president, chief financial officer and chief operating officer at International Communications & Navigation (ICAN) Limited. Before ICAN, Mr. Whiteway was senior manager of mergers and acquisitions at Bell - Aliant Inc. He has also held management positions with the Business Development Bank of Canada and Scotiabank.

Blackdog Resources Ltd. (TSX-V: DOG) announced the appointment of James W. White as Chief Financial Officer of the Company. Mr. White replaces Linda Legere-Tetzlaff, who has tendered her resignation as Chief Financial Officer of the Company.

Deploy Technologies Inc. (OTC: DPLY), announced that the company has appointed Wisdom Ncube as Chief Financial Officer of the company.

Merc International Minerals Inc. (TSX-V: MRK) announced the appointment of Michael G. Leskovec to the position of Chief Financial Officer. Mr. Leskovec replaces Thomas Pladsen as Chief Financial Officer, who remains as a director. Mr. Leskovec is also the Chief Financial Officer of White Pine Resources Inc., as well as the Financial Control Officer of Northfield Capital Corporation. Most recently, Mr. Leskovec was Corporate Controller and an Officer of Andina Minerals Inc. From May 2007 through September 2008, Mr. Leskovec served as Controller and an Officer of Gold Eagle Mines Ltd which was sold to Goldcorp Inc. in September 2008 for $1.5 billion.

Ridgeline Energy Services Inc. (TSX-V: RLE) announced the appointment of Jim Maldaner as Chief Financial Officer, replacing John Longley. Mr. Maldaner is a Chartered Accountant and a Partner located in the Calgary office of DNTW LLP, Chartered Accountants.

Canadian Solar Inc. (NASDAQ: CSIQ) announced the appointment of Andrew Chen as Chief Financial Officer, replacing Arthur Chien, who will continue as a special advisor to the CEO's office until the end of the year. Before joining Canadian Solar, Mr. Chen served as Chief Financial Officer of different NASDAQ listed companies.


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

Tuesday, October 12, 2010

Canadian CFOs on the Move – week ended October 8, 2010

Prophecy Resource Corp. (TSX-V: PCY, OTCQX: PRPCF, FRANKFURT: 1P2) appointed Derek Liu to the position of Chief Financial Officer (CFO). Mr. Liu will be replacing Mark Lotz who will be leaving Prophecy to pursue other opportunities. Mr. Lotz will remain during the transition process. Most recently, Mr. Liu was the controller of Silvercorp Metals Inc., a position he held since 2006.

Intermap Technologies Corp. (TSX: IMP) announced the appointment of Nigel Jackson, to the position of Interim Chief Financial Officer. Mr. Jackson replaces outgoing vice president and CFO, Brian Musfeldt. Mr. Jackson previously served as Intermap’s vice president finance and secretary from 1996 to 2003. Since March of 2007 Nigel has served as and remains the President Director of PT Exsamap Asia, Intermap's essential data editing Indonesian subsidiary.

PRD Energy Inc. (TSX-V: PRD) announced that Roger Harman, Chief Financial Officer of the Company, is no longer with the Company.

Paget Minerals Corp. (TSX-V: PGS) announced the appointment of April Hashimoto as Chief Financial Officer. Ms. Hashimoto has a long, successful career in the mining industry and has held various senior positions, most recently as CFO for Pacific Rim Mining Corp.

SAND Technology Inc. (OTCBB: SNDTF.OB) announced that Tony J. Guiliano will join the company as Chief Financial Officer. Mr. Guiliano was previously CFO for Avensys Corporation.

Maudore Minerals Ltd. (TSX-V: MAO, OTCBB: MAOMF, FWB: M6L) announced the appointment of Ron Amstutz to the position of Chief Financial Officer. Mr. Amstutz is a director and/or secretary-treasurer with a number of companies. Within the mining sector, he has been the Chief Financial Officer of Niocan Inc. since 2006 and has been auditor for the Baskatong Quartz Mine in Quebec for 20 years. Ron Amstutz is a Director and the Treasurer of the Swiss-Canadian Chamber of Commerce and speaks fluent French, English, and Swiss-German.

Northern Rand Resource Corp. (TSX-V: NRR) announced that John Jardine has been appointed to succeed James Grinnell as Chief Financial Officer.

Aberdeen International Inc. (TSX: AAB) announce Ryan Ptolemy has been appointed CFO of the Company. Mr. Ptolemy currently serves as CFO to a number of public companies in the mining sector. Mr. Ptolemy currently serves as CFO to a number of public companies in the mining sector. Stephen Theron is stepping aside as CFO to focus on his new role as Chief Executive Officer of Forbes & Manhattan Coal (TSX:FMC), which recently completed a successful listing on the TSX.

Diamcor Mining Inc. (TSX-V: DMI) announced the appointment of Darren Vucurevich as the Company's new Chief Financial Officer. Mr. Vucurevich has been a director of the Company since July of 2005.

Georgetown Capital Corp. (TSX-V: GET.P) announced that upon completion of an upcoming transaction, Mark Newman will be resigning from his role as Chief Financial Officer.

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

Sunday, October 3, 2010

Canadian CFOs on the Move – week ended October 1, 2010

Le Centre Financier CGE Inc., a Fund Manager, announced the appointment of Isabelle Gauthier as Vice President and Chief Financial Officer of the Company.

Tenth Power Technologies Corp. (TSX-V: TPI) announced the appointment of John Ng as Chief Financial Officer. Mr. Ng joins Tenth Power from Schneider Power where he served as CFO during a successful IPO in 2008 and subsequent sale to a U. S. renewable energy company in early 2010. Prior to that, he was CFO at Telehop Communications Inc.

Seprotech Systems Incorporated (TSX-V: SET) announced that Ian Malone has been appointed as the Company's new Chief Financial Officer (CFO), taking over the functions of Matthew Anderson who was appointed Interim CFO on the 1st of July 2009. Mr. Malone has served as Chief Financial Officer at publicly-traded biomedical companies including Millenium Biologix and World Heart Corporation. In addition, Mr. Malone previously held executive positions with a Swiss-based global financial institution, and at Jennerex, Inc a privately owned cancer biotherapeutics company.

Yalian Steel Corporation (TSX-V: YL) announced that Ms. Lan Shangguan has been appointed as the Company's chief financial officer (CFO) and corporate secretary, replacing Murray Flanigan, who has served as CFO and corporate secretary since January, 2010. Ms. Shangguan has also served as a controller and as a CFO for a number of Canadian public companies including a company that was a United States SEC registrant.

SolutionInc Technologies Limited (TSX-V: STL) announced the appointment of Andy MacDougall as Chief Financial Officer. Prior to joining SolutionInc, Mr. MacDougall was a CFO consultant, Partner with Grant Thornton LLP, and Vice-President with PriceWaterhouseCoopers.

The Futura Loyalty Group Inc. (TSX-V: FUT) announced that David Campbell has been appointed to the position of Chief Financial Officer ("CFO"). Mr. Campbell joined Futura in January 2007 when he became a board member and chair of the audit committee. He will remain as a board member, but will relinquish his position on the audit committee. Mr. Campbell will assume the role from Darryl Kleebaum who has been the CFO of the Company since October, 2007. Mr. Campbell has been CFO of three early stage technology companies over the last 12 years, each of which he helped take public. Most recently he was a managing partner of Belweather Capital Partners Inc., a Toronto based early stage investment fund and advisory services firm. Mr. Campbell joined Futura in January 2007 when he became a board member and chair of the audit committee. He will remain as a board member, but will relinquish his position on the audit committee.

Alexander Nubia International Inc. (TSX-V: AAN) announced the appointment of Donald McGillivray Cameron as the Chief Financial Officer of the Corporation.

Stem Cell Therapeutics Corp. (TSX-V: SSS) announced the appointment of Michael Cook as Chief Financial Officer.

Medallion Resources Ltd. (TSX-V: MDL) announced that it has appointed Thomas Arnould as Chief Financial Officer and Corporate Secretary of the Company. Most recently, Thomas has worked as a CFO of a private strategic-marketing firm, as a principal with Adler Business Solutions Inc and as the CFO of Securefact Inc. In addition, Mr. Arnould consults with other companies on finance and accounting matters.

GoldQuest Mining Corp. (TSX-V: GQC, FRANKFURT: M1W) announced the appointment of Paul Robertson as its new Chief Financial Officer. Mr. Robertson is with Quantum Advisory Partners, LLP, an accounting firm that specializes in CFO services. Mr. Robertson has been appointed to succeed Ford Cannon.

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

Sunday, September 26, 2010

Canadian CFOs on the Move – week ended September 24, 2010

Acceleware Corp. (TSX-V: AXE) announced that Geoff Clark has been promoted to the position of Chief Executive Officer of Acceleware. Previously, Mr. Clark was Chief Financial Officer of the Company. Mr. Clark will continue to act as Chief Financial Officer until such time as a new CFO can be appointed.

Benchmark Energy Corp. (TSX-V: BEE) announced that Peter Argiris will assume the role of Chief Financial Officer of Benchmark. Mr. Argiris was formerly in energy research with Orion Securities, Macquarie Securities and Canaccord Capital.

Sonde Resources Corp. (TSX: SOQ) (NYSE Amex: SOQ) announced that Robb Thompson, Chief Financial Officer, has decided to leave the Company to pursue other interests.

Virgin Metals Inc. (TSX-V: VGM) announced the appointment of Janet O'Donnell as Chief Financial Officer. In addition to her duties at Virgin, Mrs. O'Donnell is also the Chief Financial Officer with a gold exploration and development company focused on a late stage exploration project in Ontario, Canada. Prior to this she was CFO of a gold producer whose operations were focused in Mexico. In addition, Mrs. O'Donnell was the CFO of a Canadian manufacturing company that sold products exclusively to the mining industry. Mrs. O'Donnell was an integral part of the team that took the company public as an income trust in 2005 and then sold it to a private equity group in 2007.

Mindoro Resources Ltd. (TSX-V: MIO) (FRANKFURT: WKN 906167) announced the appointment of Rob King to the role of Vice President Commercial and Chief Financial Officer. Mr.King has been with Mindoro in a consulting capacity since June 2010. Rob was CFO for Placer's African operations at the time Barrick Gold Corp acquired Placer Dome and continued with Barrick in this capacity for 2 years prior to returning to Australia. To facilitate Rob's appointment, Herrick Lau has resigned as CFO.

Vanstar Resources Ltd. (TSX-V: VSR) announced the appointment of Denis Tremblay as new CFO and Corporate Secretary of the Company. This appointment follows the resignation of Francois Marcotte, as CFO of the Company.

Vantex Resources Ltd. (TSX-V: VAX) announced the appointment of Denis Tremblay as new CFO of the Company. This appointment follows the resignation of Francois Marcotte, as CFO of the Company.

Jomar Capital Corp. (TSX-V: JOE.P) announced that upon completion of a business combination, Mr. Thomas Love will be appointed Chief Financial Officer. Mr. Love served as an independent director of Kensington Energy Ltd. from February 2004 to February 2005, Castle Rock Petroleum Ltd. from October 2004 to September 2007, and Canext Energy Ltd. from June 2007 to April 2010. Mr. Love has been an independent businessman since June 2007.

Genco Resources Ltd. (TSX: GGC) announced that upon completion of a business combination with Silvermex Resources Ltd. (TSX-V: SMR), Hallein Darby will be the CFO and Corporate Secretary. Ms. Darby has been Silvermex's Senior VP Finance since November 2008 initially as Senior VP Finance and is currently CFO. She was previously the Senior VP Finance for Timmins Gold Corp. Ms. Darby served as a Senior Securities Analyst with the British Columbia Securities Commission from 1996 to 2006.

Enablence Technologies Inc. (TSX-V: ENA) has appointed David Toews as the Company's new CFO. Toews is replacing Ron Benn who will be leaving Enablence at the end of October to pursue other opportunities. David was most recently VP Finance for the Broadcast Division of Harris Corporation. His previous experience also includes serving as VP Finance and CFO of Leitch prior to its acquisition by Harris, as CFO of Internet Sports Network Inc., and as VP Finance of EDM Electronic Direct Marketing Ltd./Teletech Canada.

H2O Innovation Inc. (TSX-V: HEO) announced that Annie Lemieux, Chief Financial Officer, has made known her decision to leave the Company.

Quetzal Energy Ltd. (TSX-V: QEI) announced the appointment of Cameron Dow as Chief Financial Officer (CFO). Mr. Dow was most recently the Chief Financial Officer (CFO) and Financial Controller of Sea Dragon Resources Ltd. Mr. Dow was previously Interim CFO of Calvalley Petroleum Inc. and a Partner of Daunheimer & Dow LLP Chartered Accountants, in Calgary. Cameron Dow replaces Wally Rudensky who is leaving to pursue other business opportunities.

Xmet Inc. (TSX-V: XME) announced the appointment of Kirk Boyd as Xmet's new Chief Financial Officer, Corporate Secretary and Treasurer replacing Donna McLean who has resigned from such positions. Mr. Boyd has served as a director and Chief Financial Officer of various reporting issuers listed on the TSX Venture Exchange (the "Exchange"). Mr. Boyd is also the principal of Kirk Boyd & Associates, a consulting company providing executive services and specializing in strategic planning, corporate restructuring and financial management.

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

Monday, September 20, 2010

Canadian CFOs on the Move – week ended September 17, 2010

Ram Power, Corp. (TSX: RPG) announced the appointment of John O'Neill as Vice President and Chief Financial Officer. Mr. O'Neill will take over as Chief Financial Officer from Paul Zavesov, who will be transitioning to a senior role in Business Development. Mr. O'Neill previously worked with EGB Consulting, Homeland Renewable Energy, Environmental Power Corporation, Constellation NewEnergy, and KPMG.

Maple Leaf Reforestation Inc. (TSX-V: MPE) announced that Daniel Chu has resigned as Chief Financial Officer ("CFO") and Director. Mr. Chu’s vacancy as Maple Leaf’s CFO and Director will be filled by Mr. Derek Liu.

Green Swan Capital Corp. (TSX-V: GSW.P) announced the appointment of Daniel Hilton as Director and CFO. Daniel is currently Executive Director of the Conservative Party of Canada. He was previously the Director of Finance and Administration, Research and Development for World Heart Corporation and a co-founder and CFO of Kids Futures Ltd. Daniel was formerly the Vice-President Finance and Technology and Senior Vice-President, Corporate Development & Administration of Enablence Technologies Inc.

Equal Energy Ltd. (TSX: EQU, NYSE: EQU) announced that Dell Chapman has been appointed Chief Financial Officer. Mr. Chapman was most recently the Vice President, Finance and Chief Financial Officer of Berens Energy Ltd. Prior to that, he held various senior finance positions with a number of oil and gas companies, including Suncor Energy Inc. and Gulf Canada Resources Limited.

Canada Lithium Corp. (TSX: CLQ; U.S. OTCQX: CLQMF) announced that Germaine Coombs, formerly Corporate Controller with FNX Mining Company, has joined as Chief Financial Officer. Prior to FNX Mining, Ms. Coombs worked with Iron Ore Company of Canada.

White Pine Resources Inc. (TSX-V: WPR) announced the appointment of Michael G. Leskovec to the position of Chief Financial Officer, replacing Mario Miranda. Mr. Leskovec is the Financial Control Officer of Northfield Capital Corporation, a publicly traded, TSX-V listed investment holding company with investment interests primarily in the resource sector. Previously, Mr. Leskovec was Corporate Controller and an Officer of Andina Minerals Inc., Controller and an Officer of Gold Eagle Mines Ltd., and Audit and Assurance Manager at Smith Nixon LLP.

SAND Technology Inc. (OTCBB: SNDTF.OB) announced that Bruno Martel, previously announced as incoming Chief Financial Officer, will no longer be joining the company.

Palko Environmental Ltd. (TSX: PLK) announced the appointment of Corey Zahn as VP Finance and Chief Financial Officer, replacing the interim CFO, Susan McClinton. Mr. Zahn's latest position was VP Finance and CFO with Century Oilfield Services Ltd., which was recently acquired by Calfrac Well Services Ltd. Prior to this, Mr. Zahn worked with KPMG LLP as a Senior Manager.

Feronia Inc. (TSX-V: FRN) announced the appointment of Georgina Cotton as Chief Financial Officer.

WebTech Wireless Inc. (TSX: WEW) announced that Andrew Morden, has been appointed as Chief Financial Officer. Mr. Morden previously worked with Intrinsyc Software and Digital Dispatch Systems, Internet Marketing Center, Intrawest Corporation, SAP Canada and KPMG.

Bitterroot Resources Ltd. (TSX-V: BTT) announced the appointment of Barney Magnusson as its Chief Financial Officer. Mr. Magnusson is currently a director of SilverCrest Mines Inc. and Goldsource Mines Inc.

Romarco Minerals Inc. (TSX-V: R) announced that Fraser Sinclair has resigned as Senior Vice President and CFO of Romarco Minerals effective October 8, 2010. Joe Romagnolo, the Company's Corporate Controller, has been appointed Interim CFO.

Antioquia Gold Inc. (TSX-V: AGD) announced the appointment of JoAnne Dorval-Dronyk as its Chief Financial Officer (CFO). Ms Dorval-Dronyk replaces Robert C. James who left the Company.

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

Tuesday, September 7, 2010

Canadian CFOs on the Move – week ended September 3, 2010

Easton Pharmaceuticals Inc. (Pink Sheets: EAPH) announced that Lee Hendelson has agreed to join the company as Chief Financial Officer. Prior to joining Easton Pharmaceuticals, Mr. Hendelson built a successful accounting firm in the United States.

Kinetex Resources Corporation (TSX-V: KTX) announced that the Company's Chief Financial Officer ("CFO"), Robert D. Ashauer, has resigned from the Company.

International Sovereign Energy Corp. (TSX: ISR) announced that Mr. Sharad Mistry was appointed Chief Executive Officer and Chief Financial Officer of the Company.

Galvanic Applied Sciences Inc. (TSX-V: GAV) announced the appointment of Pam Clarke to the position of Controller and Acting Chief Financial Officer.

Cirrus Energy Corp. (TSX-V: CYR) appointed John Bell as interim vice president finance and chief financial officer. John, a Chartered Accountant, joined Cirrus in November,2009 as Controller and was previously Controller at Zapata Energy Corp.

SAND Technology Inc. (OTCBB: SNDTF) announced that Bruno Martel will join the company as Chief Financial Officer, effective September 15. Current Chief Financial Officer Zainab Schwartz will leave the company on September 15. Mr. Martel was formerly Chief Financial Officer of Nstein Technologies, recently acquired by Open Text Corporation.

Ocean Park Ventures Corp. (TSX-V: OCP) announce the appointment of Tony M. Ricci as the Company's new Chief Financial Officer. Mr. Ricci will replace Mr. Wan Jung who has stepped down. Mr. Ricci is the current Chief Financial Officer of Keegan Resources Inc. He was a former director and CFO of Norsemont Mining Inc. and CFO of both Petaquilla Minerals Ltd. and Petaquilla Copper Ltd., companies with a combined market capitalization approaching $1 billion. Mr. Ricci was formerly with KPMG and AMEC Engineering Inc.

Acadia University announced that Darrell Youden has been named the University's new Vice-President Finance and Administration and Chief Financial Officer. Since 2000, he has been the Senior Executive Director of Corporate Services for the Nova Scotia Department of Education. His work experience includes senior financial, operations and human resource management positions with the Halifax County - Bedford District School Board and Nova Scotia Housing and Consumer Affairs. Between 1979 and 1990, Mr. Youden was a senior manager with Grant Thornton.

Globex Foreign Exchange Corporation announced that Craig Warnock joins Globex as Chief Financial Officer after working most recently as the Chief Financial Officer and Treasurer for the City of Edmonton. Mr. Warnock has extensive expertise in the financial services industry, having spent 24 years from 1984 to 2008 at ATB Financial, in a number of progressively accountable roles, which included acting as an Executive Vice President and Treasurer.

Coastal Pacific Mining Corp. (OTCBB: CPMCF) announced that Joseph Bucci, a current director of the Company, has been appointed President and Secretary-Treasurer of the Company and will fill the role of Chief Executive Officer and Chief Financial Officer for the interim while the Company progresses in its projects.

Pacific Safety Products Inc. (TSX-V: PSP) announced the resignation of Shawn Sutton as CFO, and that Doug Lucky will take over both the positions of CEO and, for the interim, chief financial officer. Mr. Lucky most recently advised on and executed the restructuring of MTI Global Inc. (now Zuni Holdings Inc.). His prior experience includes being a partner and Senior Vice President at Ernst & Young LLP (Corporate Finance and Restructuring), partner at RBC Capital Partners, VP Finance at Silicon Optix Inc., and consulting financial executive to other public and private companies.

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

Monday, August 16, 2010

Canadian CFOs on the Move – week ended August 13, 2010

Equal Energy Ltd. (TSX: EQU) announced that Blaine Boerchers, Senior Vice President, Finance and Chief Financial Officer, has tendered his resignation. Mr. Boerchers has also commenced an action against the Company in relation to a dispute as to the level of his security-based compensation.

International Datacasting Corporation, (TSX: IDC) announced the promotion of Cory Garbolinsky to Vice President, Finance and Acting Chief Financial Officer and Corporate Secretary. Mr. Garbolinsky was previously Director of Finance at IDC responsible for external financial reporting and internal controls. Previously he served as Manager of General Accounting for North America at Alcatel-Lucent (ENXTPA: ALU) and as Chief Financial Officer at CCS Group Ltd.

ICN Resources Ltd. (TSX-V: ICN) announced the appointments of Denise Lok as Chief Financial Officer and Corporate Secretary. The appointment follows the resignation of Tom Wilson as Chief Financial Officer and Gordon Fretwell as Corporate Secretary. Lok is currently Manager, Corporate Finance of Baron Global Financial Canada Ltd. Previously, she was a professional accountant with an international accounting firm.

ACE Canada, the Canadian-based operating division of the ACE Group, announced the appointment of Bruce Walker as Chief Financial Officer. Mr. Walker's joins ACE from a directorship with a privately-held financial consultancy firm in the United States. Prior to this role, Mr. Walker held a variety of senior financial leadership positions within Royal & Sun Alliance Insurance Group.

TouchTunes Interactive Networks has announced the appointment of Patrick Barry as Senior Vice President and Chief Financial Officer of the company. Prior to joining TouchTunes, Barry was CFO of Oberon Media.com, a casual games solutions company, and DSR Holdings, a restaurant holdings company. Barry was one of the founding members at Bluefly.com (NASDAQ BFLY), where he spent 10 years growing the business to $95 million in revenues. Barry also served as CFO and COO of Audible Inc. and CFO of Warner Music Enterprises. His extensive background in finance included work at Book-of-the-Month Club, Time Warner and Arthur Andersen LLP.

Petromanas Energy Inc. (TSX-V: PMI) announced that Bill G. Cummins has been appointed as CFO effective September 1, 2010. Ari Muljana will resign as CFO effective August 31, 2010. Mr. Cummins international background has spanned 12 years, including nearly three years as CFO of a TSX listed oil and gas company with operations in Yemen, and seven years as a senior financial executive of an international joint venture which grew to over 75,000 bopd.

Pioneer Power Solutions, Inc. (OTCBB: PPSI) announced the appointment of Andrew Minkow as its Chief Financial Officer, Secretary and Treasurer effective immediately. Mr. Minkow was also appointed to our Board of Directors. Mr. Minkow was previously the President of MAST Consulting, a provider of executive management, strategic planning and financial reporting services to several corporate clients, including to Pioneer. From 2001 to 2009, Mr. Minkow was a founding employee and shareholder of Morgan Joseph & Co. Inc., where he successfully executed over $2 billion in investment banking transactions and provided leadership in business development and operational management, aiding the firm in its rapid growth during his eight year tenure.

Partner Jet Corp. (TSX-V: PJT) announced that Mike Casey has been appointed Chief Financial Officer of the Company, replacing Bruce Reilly.

Petrobank Energy and Resources Ltd. (TSX: PBG) announced that Peter Cheung was appointed as CFO, replacing Corey Ruttan. Mr. Cheung Cheung was most recently the treasurer at Compton Petroleum Corp (TSX: CMT).

TrinCan Capital Corp. (TSX-V: TRN.P) announced that Burkhard Franz has assumed the role of President and Chief Executive Officer of the Company. Mr. Franz was previous the Chief Financial Officer of the Company. Ms. Savi Franz has been appointed as Interim Chief Financial Officer.

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

Monday, August 9, 2010

Canadian CFOs on the Move – week ended August 6, 2010

ADF Group Inc. (TSX: DRX) announced the appointment of Jean-François Boursier as the Corporation' new Chief Financial Officer. Since 2005, Mr. Boursier was the Corporate Controller at Héroux-Devtek. Previously, he worked at Holcim Canada (St-Lawrence Cement) for more than 16 years, where he held different positions including the company's Corporate Controller from 2001 to 2005.

TSO3 Inc. (TSX: TOS) announced that Marc Boisjoli, its Chief Financial Officer, will be leaving the company to pursue other interests.

Marifil Mines Ltd. (TSX-V: MFM) announced that the Company’s CFO, Michael Sweatman, has resigned for personal reasons and to pursue other commitments.

Melcor Developments Ltd. (TSX: MRD) announced that Michael Shabada plans to resign from the company effective October 31, 2010. Mr. Shabada has been with the company for almost 19 years.

Rare Method Interactive Corp. (TSX-V: RAM) announced that Joshua lus has been appointed Chief Financial Officer.

RBC Dexia Investor Services announced that is has appointed John W. Thompson to the post of Chief Financial Officer (CFO). Mr. Thompson comes to RBC Dexia from The CUMIS Group, a Canadian insurance company serving credit unions and their members, where he held the positions of CFO and Chief Administrative Officer (CAO). Prior to this, Mr. Thompson held senior roles with CIBC, where he led the financial management and transformation of a number of major business units in the US and Asia Pacific regions. He was also responsible for the performance measurement and business operations of CIBC's largest customer-facing business unit, Retail Markets.

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

Monday, July 26, 2010

Canadian CFOs on the Move – week ended July 23, 2010

Andean Resources (TSX: AND, ASX: AND) announced the appointment of Mr. Eric Edwards as its new Chief Financial Officer. Most recently, he held the position of Chief Financial Officer at International Minerals Corporation. Over the past 15 years, Mr. Edwards has been Chief Financial Officer for a number of publicly traded gold companies including Queenstake Resources, Viceroy Resource Corporation and Ivanhoe Mines.

Adeptron Technologies Corporation (TSX: ATQ) announced the appointment of Mr. Jon Szczur as Chief Financial Officer of the Company. Mr. Szczur has been Vice President of Finance at Adeptron since April 2010. From 2006 through 2009, Mr. Szczur served as Chief Financial Officer of the Wish Group of Companies.

MedMira Inc. (TSX-V: MIR, NASDAQ: MMIRF) announced the appointment of Daniel Frid as Chief Financial Officer. Most recently, he was a member of the Senior Management Team for Keane Canada Inc., serving as the Director of Finance and Information Technology.

Homeland Energy Group Ltd. (TSX: HEG) announced the Company has appointed Ajay Gupta as Chief Financial Officer effective July 13, 2010. Jeff Lowe, who has been Acting Chief Financial Officer of Homeland during the search process, will continue to provide the Company and Mr. Gupta with his expertise and support until September 30, 2010. Most recently Mr. Gupta was CFO of African Aura Resources Ltd. and Scandinavian Minerals Limited which recently merged with First Quantum Minerals Ltd. He has also worked with Deloitte & Touche LLP, DuPont Canada, Samara Group and S R Khurana & Co.

Roadking Travel Centres Inc. announced the resignation of Mr. Alan Tookey as interim CFO. In the interim, the Company appointed Mr. Greg Spicer to serve as interim CFO, in addition to existing duties as President and CEO, until a successor is appointed.

Inter-Rock Minerals Inc. (TSX-V: IRO) announced the appointment of Ms. Diane Nasadiuk to the position of Chief Financial Officer. Ms. Nasadiuk is an accountant and has been involved with Inter-Rock for the past eight years.

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

Monday, July 12, 2010

Canadian CFO’s on the Move – week ended July 9, 2010

Excellon Resources Inc. (TSX: EXN) announced the appointment of Robert Whittall to the position of CFO of Excellon Resources Inc. Mr. Whittal has worked most recently with Volta Resources Inc. as Chief Financial Officer where he was also a founder and director. He has also held senior financial management positions with TVX Gold Inc., as Vice President, Finance and Rio Algom Limited and Anvil Range Mining over the course of his career.

Stonegate Agricom Ltd. (TSX: ST) announced the appointment of Germaine Coombs as Vice President and Chief Financial Officer, effective September 1, 2010. Ms. Coombs replaces William E. Jupp, who has resigned as Chief Financial Officer. Ms. Coombs was most recently the Corporate Controller of FNX Mining Company Inc., and previously held increasingly senior accounting roles in operations and corporate finance with the Iron Ore Company of Canada, a Rio Tinto company.

International Minerals Corporation (TSX: IMZ, Swiss: IMZ) announced that Mr. Eric Edwards has resigned from his position as Chief Financial Officer (“CFO”) in order to pursue other business opportunities. In the interim, IMZ’s Controller, Mr. Scott Weger, will be acting in the role of CFO.

Greystar Resources Ltd. (TSX:GSL, AIM:GSL) announced the appointment of David Newbold as Chief Financial Officer (CFO) of the Company effective August, 2010. David spent eleven years (1995-2006) at Placer Dome Inc. where he held positions of increasing responsibility including Senior Vice President, Commercial; Senior Vice President Strategy, Placer Dome America; President & CEO, Zaldivar Copper Mine; and Senior Vice President and CFO, Placer Dome Latin America. Prior to Placer Dome David spent several years at Outokumpu holding various finance positions.

Innovative Wireline Solutions Inc. (TSX-V: ALH) announced that Cameron Bawol has replaced Ray Charron as Vice President, Finance and Chief Financial Officer.

Trueclaim Exploration Inc. (TSX-V: TRM) announced that it has hired Mr. Stephen Holmes, CA as the Company's Chief Financial Officer.

Pinetree Capital Ltd. (TSX: PNP) announced that Larry Goldberg, the Company's Executive Vice President and Chief Financial Officer, has resigned effective August 15, 2010 to pursue other business interests. Gerry Feldman, C.A., Pinetree's Vice President, Corporate Development, will assume the role of Chief Financial Officer upon Mr. Goldberg's departure.

Mega Uranium Ltd. (TSX:MGA) announces that Larry Goldberg, the Company's Chief Financial Officer, has resigned effective August 15, 2010 to pursue other business interests. While the Company undertakes a search for Mr. Goldberg's replacement, Gerry Feldman, C.A., will assume the role of Chief Financial Officer upon Mr. Goldberg's departure. Mr. Feldman is currently Chief Financial Officer of Brownstone Ventures Inc. and is a senior officer and director of other TSX and TSX Venture Exchange-listed issuers.

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

Monday, July 5, 2010

Canadian CFO’s on the Move – week ended July 2, 2010

CIBT Education Group Inc. (TSX: MBA, AMEX: MBA) appointed Dennis Huang as the Chief Financial Officer of CIBT, replacing Tim Leong, who has resigned from his position as Chief Financial Officer. Mr. Leong has been appointed as the VP of Finance and Accounting of CIBT and will continue to provide accounting, financial and administrative services to the Company.

FMX Ventures Inc. (TSX-V: FXX-H) announced that it has appointed Carmelo Marrelli as its Chief Financial Officer. Mr. Marrelli replaces Jon Kelly who has resigned to pursue other interests. Mr. Marrelli holds a Bachelor of Commerce degree from the University of Toronto and is a qualified Chartered Accountant and Certified General Accountant.

US Silver Corporation (TSX-V: USA, OTCQX: USSIF, Frankfurt: QE2) announced the appointment of Christopher J. Hopkins as the Company's new Chief Financial Officer (CFO), replacing Joseph Rauhala. Mr. Hopkins most recently served Excellon Resources Inc. as Chief Financial Officer. Mr. Hopkins has twenty-five years of experience in financial planning and analysis, accounting, financial reporting, and corporate finance. This includes seven years of combined experience as a Chief Financial Officer.

Lumina Copper Corp. (TSX-V: LCC) announced that Martin Rip has been appointed as Chief Financial Officer, replacing Sandra Lim, who is retiring from the position. Mr. Rip is a Chartered Accountant with 10 years experience in the mineral resource sector and joins Lumina having served previously as Chief Financial Officer for a Canadian resource company.

Sinchao Metals Corp. (TSX-V: SMZ) announced the appointment of Bruce Ramsden as Vice President, Finance and Chief Financial Officer. Mr. Ramsden has been a Vice President and CFO with noted resource companies since 1996.

PetroGlobe Inc. (TSX-V: PGB), undergoing a reorganization transaction, announced the appointment of Jason James as Chief Financial Officer. Mr. James is a chartered accountant with more than 16 years of finance, business development, strategic planning and tax experience, operating in Canada. He has held the position of CEO and director of PetroGlobe Inc. for the past three years.

Toronto 2015 Pan American Games announced the appointment of Barbara Anderson as Chief Financial Officer. Most recently CFO for MaRS Discovery District and MaRS Innovation, she has worked for PepsiCo, Cara Foods, Progistix-Solutions Inc., and the Securit Group of Companies. An MBA graduate of the Rotman School of Business, University of Toronto, Anderson also is a Chartered Accountant (Ontario) and has a BSc from the University of British Columbia.

Provident Energy Trust (TSX: PVE.UN), announced that Mark Walker, Senior Vice-President, Finance & Chief Financial Officer (CFO) will step down from his role with Provident concurrent with the naming of his replacement, which is expected to be on or before September 30, 2010. Mr. Walker will remain with Provident in an advisory role for an appropriate period after that date.

Treasury Metals Inc. (TSX: TML) announced that it has appointed Dennis Gibson as Chief Financial Officer for the Company. Mr. Gibson served as Vice President, CFO and Corporate Secretary for Vector Intermediaries Inc from 1996 to 2004, as CFO for Aquiline Resources Inc. from April 2006 to December 2009 and as CFO for Laramide Resources Ltd. from April 2006. Mr. Gibson replaces James Fairbairn, former CFO for Treasury, who has stepped down to pursue other interests in the resource sector.

BioWest Therapeutics Inc. (TSX: BWE) announced that Jeff Charpentier was appointed chief financial officer of the Company. Over the course of the past fifteen years, Mr. Charpentier has successively served as chief financial officer of each of Inex Pharmaceuticals Corporation, Chromos Molecular Systems Inc. and Lignol Energy Corporation. Bruce Schmidt resigned from his position as interim chief financial officer and president of the Company effective June 28, 2010, but will continue in his role as corporate secretary and as a director of Biowest.

OPTI Canada Inc. (TSX: OPC) announced the appointment of David Halford to its Board of Directors. Mr. Halford is the Executive Vice President, Finance and Chief Financial Officer of ENMAX Corporation. He is responsible for all financial policy, planning and reporting, risk management, corporate finance, tax and treasury functions of ENMAX and its subsidiaries. Prior to joining ENMAX, Mr. Halford held Chief Financial Officer roles at OPTI, BA Energy and Irving Oil.

New Guinea Gold Corporation (TSX-V: NGG)(FRANKFURT: NG8) announced that Paul Schultz has resigned as Chief Financial Officer (CFO), and that Lisa Hartin has been appointed CFO.

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

Monday, June 28, 2010

Canadian CFO’s on the Move – week ended June 25, 2010

HudBay Minerals Inc. (TSX: HBM) announced the appointment of Mr. David Garofalo as President and Chief Executive Officer and to the Board of Directors of the Company, effective July 12, 2010. Most recently, Mr. Garofalo served as Senior Vice President, Finance and Chief Financial Officer with Agnico-Eagle Mines Limited, where he has been employed since 1998. Mr. Garofalo is a graduate of the University of Toronto (B.Comm.) and a Chartered Accountant, and serves on the Board of Directors of York Central Hospital Foundation.

TransCanada (TSX: TRP) announced that Greg Lohnes, currently Executive Vice-President and Chief Financial Officer, is appointed to the role of President, Natural Gas Pipelines. TransCanada also announced that Don Marchand, currently Vice-President, Finance and Treasurer, is appointed to the role of Executive Vice-President and Chief Financial Officer.

Crombie Real Estate Investment Trust (TSX: CRR.UN) announced the appointment of Glenn Hynes CA, to the position of Chief Financial Officer and Secretary. Mr. Hynes previously held the position of Chief Financial Officer at the time of Crombie's establishment and initial public offering in 2006. Mr. Hynes also held the position of Executive Vice President and Chief Financial Officer of Sobeys Inc. from 2001 to 2004 and Executive Vice President & Chief Development Officer (2005-2006) and subsequently was appointed Executive Vice President and Chief Financial Officer of Gammon Gold Inc. Most recently, Mr. Hynes served as Chief Financial Officer and a Partner of Bluewave Energy Ltd, a national fuel distributor.

Magma Energy Corp. (TSX: MXY) announced that Ms. Sandra Lim will retire as Chief Financial Officer, and that Ms. Annette Cusworth has been appointed to replace Ms. Lim. Ms. Cusworth is a Chartered Accountant and joins Magma from a long career with a major Canadian public company, most recently as Vice President and Chief Accounting Officer.

Temple Real Estate Investment Trust (TSX-V: TR.UN) announced the appointment of Mr. Larry Beeston as Chief Financial Officer, replacing Mr. John Liddle, CGA. Mr. Beeston, CA, is the Senior Manager - Financial Reporting for Shelter Canadian Properties Limited. Mr. Beeston has been employed by Shelter Canadian Properties Limited for most of his career. He has also held other senior positions, including Chief Financial Officer of a TSX listed real estate investment trust for five years and Vice President - Finance and Chief Financial Officer of a real estate and management company for seven years. Mr. Beeston obtained his Chartered Accountant designation in 1980 and holds a Bachelor of Commerce degree from the University of Manitoba.

Goldsource Mines Inc. (TSX-V: GXS, FRANKFURT: G5M) announced the appointment of Barney Magnusson as Chief Financial Officer, replacing Graham Thody as Chief Financial Officer. Mr Thody will continue to serve as Director. Mr. Magnusson is a former Senior Officer and Director of three mining companies that developed producing mines: Dayton Mines Inc. (Chile), High River Gold Mines Ltd. (Manitoba, Canada) and Brohm Resources Inc. (South Dakota, USA).

Madalena Ventures Inc. (TSX-V: MVN, announced that Mr. Anthony Potter, Chief Financial Officer of the Company, was elected by the shareholders to join the Board of Directors.

Wescast Industries Inc. (TSX: WCS.A) announced the appointment of Teresa Fortney to the position of Chief Financial Officer. Ms. Fortney holds a Bachelor of Mathematics from the University of Waterloo, is a CMA and a Fellow of the Society of Management Accountants.

Augen Gold Corp. (TSXV:GLD) announced that Manish Z. Kshatriya, CA, has resigned as Chief Financial Officer of the Company, and that Carmelo Marrelli, CA, has been appointed as Chief Financial Officer. Mr. Marrelli holds a Bachelor of Commerce degree from the University of Toronto and is a qualified Chartered Accountant and Certified General Accountant.

Triple 8 Energy Ltd. (TSX-V:TEE) announced the appointment of Doug Bailey as Chief Financial Officer. For the past 6 years Mr. Bailey has taken on senior roles in the junior oil and gas sector including involvement in the financing, merging and dispositions, and restructurings of numerous junior entities. Concurrently Mr. Bailey has served as the Chief Financial Officer of Canadian Phoenix Resources Corp.

Stem Cell Therapeutics Corp. (TSX-V: SSS) As part of an announced cost cutting program, the employment contracts for Barry Herring, the current CFO has been terminated effective June 30, 2010. Mr. Herring, has agreed to stay on with the Company in his current capacity on a consulting basis for the following six months to assist the Company in its attempt to maximize the value of its intellectual property.

Copper Ridge Explorations Inc. (TSX-V: KRX) announced that Justin Blanchet has been appointed as Chief Financial Officer. Mr. Blanchet is a Chartered Accountant who was formerly a public accountant with Davidson & Company LLP. He has served as Controller for Golden Predator Corp. and EMC Metals Corp. since February 2010. Mr. Michael O'Brien who previously held the position of Chief Financial Officer will continue with the Company in an advisory capacity.

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

Thursday, April 17, 2008

Spring Cleaning!

I apologize to my fans (Hi Mom!) for not sharing my thoughts over the past few weeks. I was too busy Spring Cleaning.

I didn't think you'd believe me.

However, Spring Cleaning is a great concept. For some, this is just theoretical.

With spring in the air, I recommend you clean these two important things.

1) Clean up your Personal Work Space.

Whether you have a cubicle, desk, or a corner office (which I hope to have one day soon), organizing those papers by either filing or recycling will do you a world of good, and reduce that feeling of "I'm Overwhelmed".

Try it. You'll like it.

But if your boss sees all that space around you and thinks you have room for more projects, please don't shoot the messenger.

2) Clean up your Work Team.

If you are working in any supervisory capacity, it's time to look at the team that reports to you and say "Are these the best people to work with me and help me deliver for what I am responsible for?". If you cannot say "Yes" without delay, it's a good time to think about what your team should look like, and go out and find them.

Spring is a time that many employees are considering change, and you could be their next new long-term employer.

Follow my advice, and not only will your work area be less cluttered, you'll have time to enjoy the weather outside.