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 12, 2010
Wednesday, July 7, 2010
Is Facebook a Career Killer?
Social media is the phenomenon of recent times. The top 3 social media sites of today - Facebook, LinkedIn and Twitter - each have their own unique features which make people come back to them again and again.
The upside of social media sites is that they allow you to connect and create community, and these sites can be very effective, if used properly, to foster and solidify relationships in the real world.
The downside of social media is that people might end up knowing much more about you then you would want them to.
In my opinion, Facebook is the most dangerous Web 2.0 site for the professional and executive. There are many ways Facebook can be detrimental to your career. One example of how it can do this is through the Games functionality.
How is that? Well, do you REALLY want to let the world know that you play Farmville or that you are very into Horoscopes? We all have our outlets for fun - and that's fine. But you need to keep in mind that others can see in real time exactly when you reached another level on Farmville. Your current (and future) employer, clients, and employees may see this activity - and it can have a negative impact on your career. Needless to say, participating in this kind of activity during working hours, even if you are officially out of the office, only makes the situation worse. Perception is reality, how much more so in virtual reality.
One solution is for professionals and executives to create a Games profile on Facebook. This way you can enjoy your favorite Facebook games without letting the professional world know what level they just reached in the online mafia.
Games are one example of how Facebook can be a Career Killer. Be careful out there.
Keep an eye out for our upcoming posts on how other social media sites affect your career.
The upside of social media sites is that they allow you to connect and create community, and these sites can be very effective, if used properly, to foster and solidify relationships in the real world.
The downside of social media is that people might end up knowing much more about you then you would want them to.
In my opinion, Facebook is the most dangerous Web 2.0 site for the professional and executive. There are many ways Facebook can be detrimental to your career. One example of how it can do this is through the Games functionality.
How is that? Well, do you REALLY want to let the world know that you play Farmville or that you are very into Horoscopes? We all have our outlets for fun - and that's fine. But you need to keep in mind that others can see in real time exactly when you reached another level on Farmville. Your current (and future) employer, clients, and employees may see this activity - and it can have a negative impact on your career. Needless to say, participating in this kind of activity during working hours, even if you are officially out of the office, only makes the situation worse. Perception is reality, how much more so in virtual reality.
One solution is for professionals and executives to create a Games profile on Facebook. This way you can enjoy your favorite Facebook games without letting the professional world know what level they just reached in the online mafia.
Games are one example of how Facebook can be a Career Killer. Be careful out there.
Keep an eye out for our upcoming posts on how other social media sites affect your career.
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.
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.
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.
Monday, June 21, 2010
Canadian CFO’s on the Move – week ended June 18, 2010
Palliser Oil & Gas Corporation (TSX-V: PXL) announced this week the appointment of Ivan J. Condic to the position of Vice President, Finance & Chief Financial Officer. Prior to joining Palliser, Mr. Condic was the Controller at an active Canadian junior oil producer. Prior thereto, he held positions with oil service and pipeline companies and KPMG.
Cymat Technologies Ltd. (TSX: CYM) announced the resignation of Trevor Sandler, the Company’s VP & CFO, effective July 2, 2010. Mr. Sandler will stay on to complete our year-end activities and AGM preparation prior to him joining his new company.
Sprott Power Corp. (SPC) announced that Martin Lim is joining the company as CFO. SPC has recently announced its formation, after the completion of an initial capital raise of approximately $20 million and its merger with Renewable Energy Developers LP ("ReD"), a private renewable energy company. SPC is a privately held Canadian company dedicated and committed to the acquisition, development and financing of renewable energy projects. SPC will be managed by Sprott Power Consulting LP ("SPCLP"), a newly-formed entity of which Sprott Consulting LP, a business unit of Sprott Inc. (TSX:SII), is the sole limited partner.
Blackline GPS Corp. (TSX-V: BLN) announced the appointment of Paula Kaner as Chief Financial Officer. Ms. Kaner succeeds Randy Henderson who departs to pursue the increasing demands of his consulting practice.
Gazit America Inc. (TSX: GAA) announced the appointment of Ms. Lenis W. Quan as Chief Financial Officer of the corporation effective July 5, 2010. Ms. Quan replaces John Todd, who was interim CFO. Prior to joining Gazit, Ms. Quan worked as a consultant, as well as at Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) for 10 years in a number of progressive positions, most recently as Vice-President, Corporate Development and Treasury with Brookfield Homes Corporation (NYSE: BHS). Ms. Quan is a Chartered Accountant and received her initial training at Deloitte & Touche LLP.
Eurogas Corporation (TSX-V:EUG) announced the appointment of Mr. David Bhumgara as Chief Financial Officer of the Company replacing Ms. Lucie Presot. Mr. Bhumgara is a CA, CA-IT with over 16 years experience in financial reporting, budgeting, and IT. He was previously Controller – Resource Division for Dundee Corporation and has served with KPMG before assuming senior finance positions with public and private companies prior to joining Dundee Corporation.
Cyrium Technologies Inc., an Ottawa based venture backed company, in the area of advanced concentrator photovoltaic (CPV) cell solutions for the solar industry, announced the appointment of Alan L. McKinnon, Jr., is named Vice-President and Chief Financial Officer, replacing Steven Neal, who had filled the role during the interim transition period. McKinnon joins Cyrium from Vietnam Chipscale Advanced Packaging Services where he was Chief Financial Officer. Prior to this Mckinnon was with The Garrett Group of San Francisco, where since 2002 he had been senior vice president responsible for global structured financial advisory efforts.
Celeste Copper Corporation (TSX-V: C.V) announced the resignation of Mr. Tomasz Kedzierski as CFO of the Corporation for personal reasons.
Crombie Real Estate Investment Trust (TSX: CRR.UN) announced that Scott Ball has left his position with Crombie REIT as Chief Financial Officer.
Next Alternative, Inc., an Ottawa based Company (Frankfurt: N4H), announced that Bob Daly has been appointed as the firm's Chief Financial Officer. Recently, Bob held CFO positions with Klocwork and Espial where he led a successful IPO on the TSX. Daly has held a number of other senior financial roles with Ottawa-based companies including Cognos, Inc. and the Ottawa Senators Hockey Club.
Source Exploration Corp. (TSX-V: SOP) announced the appointment of Steve Filipovic, CA as interim Chief Financial Officer. Mr. Filipovic replaces Matthew Kavanagh who has resigned from the Company.
YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) announced that current CEO John Heaven will continue his role with the Company as President, Director and will also assume the role of Chief Financial Officer.
Blugrass Energy, Inc., a Calgary based Company, (OTC.BB: BLUG) is pleased to announce that they have appointed Jeff Dunphy as the Chief Financial Officer of the Company. Prior to joining Bluegrass, Jeff worked at Salman Partners, and Octagon Capital Corporation in Calgary. Mr. Dunphy has replaced Ms. Grace Sutherin who has resigned as Chief Financial Officer and as Director of the company to pursue other career opportunities.
Tango Energy Inc. (TSX-V: TEI) which, pursuant to shareholder approval was renamed Tamarack Valley Energy Ltd., has named Mr. Ron Hozjan as Chief Financial Officer. Most recently he was the Chief Financial Officer Financial Officer at Vaquero Resources Ltd. which was and Director acquired by RMP Energy Ltd. Prior to that he was the Vice President Finance and Chief Financial Officer at Vaquero Energy Ltd. which grew successfully before merging with Highpine Oil & Gas Limited.
TransAlta Corporation (TSX: TA; NYSE: TAC), today announced that Brett Gellner has been appointed Chief Financial Officer. Mr. Gellner succeeds Brian Burden, who has made a personal decision to retire from the company. Mr. Burden will assist Mr. Gellner with the transition through September 30, 2010. Mr. Gellner joined TransAlta in 2008 after 12 years with CIBC World Markets, where he was co-head of the Power & Utilities Group. Prior to CIBC, Mr. Gellner held senior roles in the corporate planning and development group at MacMillan Bloedel Ltd.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Cymat Technologies Ltd. (TSX: CYM) announced the resignation of Trevor Sandler, the Company’s VP & CFO, effective July 2, 2010. Mr. Sandler will stay on to complete our year-end activities and AGM preparation prior to him joining his new company.
Sprott Power Corp. (SPC) announced that Martin Lim is joining the company as CFO. SPC has recently announced its formation, after the completion of an initial capital raise of approximately $20 million and its merger with Renewable Energy Developers LP ("ReD"), a private renewable energy company. SPC is a privately held Canadian company dedicated and committed to the acquisition, development and financing of renewable energy projects. SPC will be managed by Sprott Power Consulting LP ("SPCLP"), a newly-formed entity of which Sprott Consulting LP, a business unit of Sprott Inc. (TSX:SII), is the sole limited partner.
Blackline GPS Corp. (TSX-V: BLN) announced the appointment of Paula Kaner as Chief Financial Officer. Ms. Kaner succeeds Randy Henderson who departs to pursue the increasing demands of his consulting practice.
Gazit America Inc. (TSX: GAA) announced the appointment of Ms. Lenis W. Quan as Chief Financial Officer of the corporation effective July 5, 2010. Ms. Quan replaces John Todd, who was interim CFO. Prior to joining Gazit, Ms. Quan worked as a consultant, as well as at Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A) for 10 years in a number of progressive positions, most recently as Vice-President, Corporate Development and Treasury with Brookfield Homes Corporation (NYSE: BHS). Ms. Quan is a Chartered Accountant and received her initial training at Deloitte & Touche LLP.
Eurogas Corporation (TSX-V:EUG) announced the appointment of Mr. David Bhumgara as Chief Financial Officer of the Company replacing Ms. Lucie Presot. Mr. Bhumgara is a CA, CA-IT with over 16 years experience in financial reporting, budgeting, and IT. He was previously Controller – Resource Division for Dundee Corporation and has served with KPMG before assuming senior finance positions with public and private companies prior to joining Dundee Corporation.
Cyrium Technologies Inc., an Ottawa based venture backed company, in the area of advanced concentrator photovoltaic (CPV) cell solutions for the solar industry, announced the appointment of Alan L. McKinnon, Jr., is named Vice-President and Chief Financial Officer, replacing Steven Neal, who had filled the role during the interim transition period. McKinnon joins Cyrium from Vietnam Chipscale Advanced Packaging Services where he was Chief Financial Officer. Prior to this Mckinnon was with The Garrett Group of San Francisco, where since 2002 he had been senior vice president responsible for global structured financial advisory efforts.
Celeste Copper Corporation (TSX-V: C.V) announced the resignation of Mr. Tomasz Kedzierski as CFO of the Corporation for personal reasons.
Crombie Real Estate Investment Trust (TSX: CRR.UN) announced that Scott Ball has left his position with Crombie REIT as Chief Financial Officer.
Next Alternative, Inc., an Ottawa based Company (Frankfurt: N4H), announced that Bob Daly has been appointed as the firm's Chief Financial Officer. Recently, Bob held CFO positions with Klocwork and Espial where he led a successful IPO on the TSX. Daly has held a number of other senior financial roles with Ottawa-based companies including Cognos, Inc. and the Ottawa Senators Hockey Club.
Source Exploration Corp. (TSX-V: SOP) announced the appointment of Steve Filipovic, CA as interim Chief Financial Officer. Mr. Filipovic replaces Matthew Kavanagh who has resigned from the Company.
YANGAROO Inc., (TSX-V: YOO, OTCBB: YOOIF) announced that current CEO John Heaven will continue his role with the Company as President, Director and will also assume the role of Chief Financial Officer.
Blugrass Energy, Inc., a Calgary based Company, (OTC.BB: BLUG) is pleased to announce that they have appointed Jeff Dunphy as the Chief Financial Officer of the Company. Prior to joining Bluegrass, Jeff worked at Salman Partners, and Octagon Capital Corporation in Calgary. Mr. Dunphy has replaced Ms. Grace Sutherin who has resigned as Chief Financial Officer and as Director of the company to pursue other career opportunities.
Tango Energy Inc. (TSX-V: TEI) which, pursuant to shareholder approval was renamed Tamarack Valley Energy Ltd., has named Mr. Ron Hozjan as Chief Financial Officer. Most recently he was the Chief Financial Officer Financial Officer at Vaquero Resources Ltd. which was and Director acquired by RMP Energy Ltd. Prior to that he was the Vice President Finance and Chief Financial Officer at Vaquero Energy Ltd. which grew successfully before merging with Highpine Oil & Gas Limited.
TransAlta Corporation (TSX: TA; NYSE: TAC), today announced that Brett Gellner has been appointed Chief Financial Officer. Mr. Gellner succeeds Brian Burden, who has made a personal decision to retire from the company. Mr. Burden will assist Mr. Gellner with the transition through September 30, 2010. Mr. Gellner joined TransAlta in 2008 after 12 years with CIBC World Markets, where he was co-head of the Power & Utilities Group. Prior to CIBC, Mr. Gellner held senior roles in the corporate planning and development group at MacMillan Bloedel Ltd.
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Monday, June 14, 2010
Canadian CFO’s on the Move – week ended June 11, 2010
Lion Energy Corp. (TSX-V: LEO) announced that John R. Nelson, previously Vice-President, Exploration and Interim Chief Financial Officer, has recently become the Company's new President and Chief Executive Officer. Kevin Elliott has been appointed the Company's Chief Financial Officer with 25 years of diverse experience in Canadian and international oil and gas industries covering exploration, production and downstream operations in Canada and internationally. Prior to joining the Company, Mr. Elliott held positions with BP, Gulf, Nexen, Petro-Canada and Tarim Resources.
Bell Copper Corporation (TSX-V: BCU) is pleased to introduce Timothy Lallas as the Company's new Chief Financial Officer. Mr. Lallas has worked previously in the Canadian Resource sector with Thompson Creek Metals Company Inc., Goldcorp Inc. and Teck Cominco Ltd. His most recent post was VP of Finance and CFO of Greystar Resources Limited.
Immunovaccine Inc. (TSX-V: IMV) announced the departure of its Chief Financial Officer, Mr. Gary Dodge.
Xerox Corp. says it has appointed Mandy Shapansky as president, chief executive and chairman of its Xerox Canada division, effective July 1. Ms. Shapansky, a chartered accountant, replaces Kevin Warren, who will become president of Xerox's U.S. Solutions group based at the company's Rochester, N.Y. offices. Ms. Shapansky had been chief financial officer and chief of staff for Xerox Canada. She joined the company 25 years ago.
The Brick Group Income Fund (TSX: BRK.UN) announced that David Merkley has been appointed Chief Financial Officer. Mr. Merkley is a Certified Management Accountant with more than 30 years of Canadian retail experience with Sears Canada Inc., listed on the Toronto Stock Exchange. Most recently he served as Senior Vice President and Chief Financial Officer.
TimberWest Forest Corp. (TSX: TWF.UN) is pleased to announce the appointment of Robert (Bob) Allen to the position of Vice President Finance and Chief Financial Officer. Mr. Allen is the former Chief Financial Officer of Ainsworth, where he worked for some six years. He has also occupied senior roles at Skeena and Western Forest Products. He started his career in 1986 with PriceWaterhouseCoopers, where he worked for five years as Senior Audit Supervisor.
INV Metals Inc. (TSX: INV) announced the appointment of Ms. Candace MacGibbon to the position of President and Chief Financial Officer, a promotion from her previous position as Vice President and Chief Financial Officer.
Pure Energy Visions Corporation (TSX-V: PEV) announced that Michael Hays has resigned as CFO of PEV and will continue as a consultant to the company. Mr. Hays will be replaced on an interim basis by CEO, Paul W Simmonds.
Devine Entertainment Corporation (NASDAQ OTCBB:DVNNF), announced that its directors and officers have resigned, including Richard Mozer, the Company’s Vice-Chairman and CFO.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Bell Copper Corporation (TSX-V: BCU) is pleased to introduce Timothy Lallas as the Company's new Chief Financial Officer. Mr. Lallas has worked previously in the Canadian Resource sector with Thompson Creek Metals Company Inc., Goldcorp Inc. and Teck Cominco Ltd. His most recent post was VP of Finance and CFO of Greystar Resources Limited.
Immunovaccine Inc. (TSX-V: IMV) announced the departure of its Chief Financial Officer, Mr. Gary Dodge.
Xerox Corp. says it has appointed Mandy Shapansky as president, chief executive and chairman of its Xerox Canada division, effective July 1. Ms. Shapansky, a chartered accountant, replaces Kevin Warren, who will become president of Xerox's U.S. Solutions group based at the company's Rochester, N.Y. offices. Ms. Shapansky had been chief financial officer and chief of staff for Xerox Canada. She joined the company 25 years ago.
The Brick Group Income Fund (TSX: BRK.UN) announced that David Merkley has been appointed Chief Financial Officer. Mr. Merkley is a Certified Management Accountant with more than 30 years of Canadian retail experience with Sears Canada Inc., listed on the Toronto Stock Exchange. Most recently he served as Senior Vice President and Chief Financial Officer.
TimberWest Forest Corp. (TSX: TWF.UN) is pleased to announce the appointment of Robert (Bob) Allen to the position of Vice President Finance and Chief Financial Officer. Mr. Allen is the former Chief Financial Officer of Ainsworth, where he worked for some six years. He has also occupied senior roles at Skeena and Western Forest Products. He started his career in 1986 with PriceWaterhouseCoopers, where he worked for five years as Senior Audit Supervisor.
INV Metals Inc. (TSX: INV) announced the appointment of Ms. Candace MacGibbon to the position of President and Chief Financial Officer, a promotion from her previous position as Vice President and Chief Financial Officer.
Pure Energy Visions Corporation (TSX-V: PEV) announced that Michael Hays has resigned as CFO of PEV and will continue as a consultant to the company. Mr. Hays will be replaced on an interim basis by CEO, Paul W Simmonds.
Devine Entertainment Corporation (NASDAQ OTCBB:DVNNF), announced that its directors and officers have resigned, including Richard Mozer, the Company’s Vice-Chairman and CFO.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
Monday, June 7, 2010
Canadian CFO’s on the Move – week ended June 4, 2010
Rainy River Resources Ltd. (TSX-V: RR) announced the appointment of Nicholas J. Nikolakakis as Vice President and Chief Financial Officer of the Company. He succeeds James Grinnell, who will continue to serve as Rainy River's Controller.
The Caisse de dépôt et placement du Québec (one of the leading institutional fund managers in Canada) announced the departure of Ghislain Parent, Executive Vice-President and Chief Financial Officer. The search for a replacement has been under way for some time, and an appointment for this position will be announced shortly. In the meantime, Michael Sabia, President and Chief Executive Officer, will continue to handle these responsibilities.
Gee-Ten Ventures Inc. (TSX-V: GTV) has announced that Pierre Barnard has been appointed as interim CFO.
Stream Oil & Gas Ltd. (TSX-V: SKO) announced the appointment of James Hodgson to the position of Chief Financial Officer. Until recently Mr. Hodgson was the CEO of United Oil Projects in Kuwait and has held senior management and executive positions with Kuwait Foreign Petroleum Exploration Company, Qatar Petroleum, PanCanadian Petroleum (Encana) and Esso (Exxon) Canada.
Mullen Group Ltd. (TSX: MTL) announced that David E. Olson has advised Mullen of his intention to retire as Vice President, Finance and Chief Financial Officer of Mullen effective July 31, 2010 after more than 25 years of service with the Mullen organization.
NioGold Mining Corporation (TSX-V: NOX) announced the appointment of Jonathan Richards as Chief Financial Officer effective June 1, 2010. Mr. Richards was previously an audit manager at a premier Canadian chartered accountant firm where he specialized in the mining industry.
Sea Dragon Energy Inc. (TSX-V: SDX) announced the appointment of Olivier Serra as Chief Financial Officer. Mr. Serra has 17 years of investment banking experience previously heading the Europe, Midde East and Africa (EMEA) Oil and Gas Department of BNP Paribas.
West Kirkland Mining Inc. (TSX-V: WKM) announced the appointment of Frank Hallam, a director of the Company, as CFO.
Spitfire Energy Ltd. (TSX-V: SEL) and Whitecap Resources Inc. (currently a private company) have announced that subject to a reorganization and investment agreement, the New Management Group will be appointed upon the completion of the Agreement. Thanh Kang will be the Vice President Finance & Chief Financial Officer of the New Company.
Reitmans Canada Ltd. (TSX: RET) announced that its Board of Directors has appointed Eric Williams, C.A. has been appointed Vice-President, Finance and Chief Financial Officer.
U3O8 Corp. (TSX-V: UWE) appointed John Ross as Chief Financial Officer, effective June 4, 2010. Mr. Ross previously served as Chief Financial Officer of Colossus Minerals Inc, Cronus Resources Ltd., FNX Mining Co. and IAMGold Corp.
Ballard Power Systems (TSX: BLD) announced that Bruce Cousins, the company's CFO, is leaving to pursue other career interests and, effective June 14, Tony Guglielmin will join the company as Chief Financial Officer. Mr. Guglielmin was most recently CFO at Canada Line Rapid Transit Inc. Before that role Mr. Guglielmin served as Corporate Treasurer at BC Hydro and in a series of VP-level financial leadership roles at Finning International.
Terra Ventures Inc. (TSX-V: CAS) and Terrex Energy Inc. announced, that following finalization of the previously announced spin-out of Terrex, Norman G. Knecht has been appointed VP Finance and CFO of Terrex Energy Inc. Mr. Knecht was VP Finance & CFO of Compton Petroleum Corporation a TSX and NYSE listed company from 1997 through 2008 prior to which he was a partner with a national accounting firm.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
The Caisse de dépôt et placement du Québec (one of the leading institutional fund managers in Canada) announced the departure of Ghislain Parent, Executive Vice-President and Chief Financial Officer. The search for a replacement has been under way for some time, and an appointment for this position will be announced shortly. In the meantime, Michael Sabia, President and Chief Executive Officer, will continue to handle these responsibilities.
Gee-Ten Ventures Inc. (TSX-V: GTV) has announced that Pierre Barnard has been appointed as interim CFO.
Stream Oil & Gas Ltd. (TSX-V: SKO) announced the appointment of James Hodgson to the position of Chief Financial Officer. Until recently Mr. Hodgson was the CEO of United Oil Projects in Kuwait and has held senior management and executive positions with Kuwait Foreign Petroleum Exploration Company, Qatar Petroleum, PanCanadian Petroleum (Encana) and Esso (Exxon) Canada.
Mullen Group Ltd. (TSX: MTL) announced that David E. Olson has advised Mullen of his intention to retire as Vice President, Finance and Chief Financial Officer of Mullen effective July 31, 2010 after more than 25 years of service with the Mullen organization.
NioGold Mining Corporation (TSX-V: NOX) announced the appointment of Jonathan Richards as Chief Financial Officer effective June 1, 2010. Mr. Richards was previously an audit manager at a premier Canadian chartered accountant firm where he specialized in the mining industry.
Sea Dragon Energy Inc. (TSX-V: SDX) announced the appointment of Olivier Serra as Chief Financial Officer. Mr. Serra has 17 years of investment banking experience previously heading the Europe, Midde East and Africa (EMEA) Oil and Gas Department of BNP Paribas.
West Kirkland Mining Inc. (TSX-V: WKM) announced the appointment of Frank Hallam, a director of the Company, as CFO.
Spitfire Energy Ltd. (TSX-V: SEL) and Whitecap Resources Inc. (currently a private company) have announced that subject to a reorganization and investment agreement, the New Management Group will be appointed upon the completion of the Agreement. Thanh Kang will be the Vice President Finance & Chief Financial Officer of the New Company.
Reitmans Canada Ltd. (TSX: RET) announced that its Board of Directors has appointed Eric Williams, C.A. has been appointed Vice-President, Finance and Chief Financial Officer.
U3O8 Corp. (TSX-V: UWE) appointed John Ross as Chief Financial Officer, effective June 4, 2010. Mr. Ross previously served as Chief Financial Officer of Colossus Minerals Inc, Cronus Resources Ltd., FNX Mining Co. and IAMGold Corp.
Ballard Power Systems (TSX: BLD) announced that Bruce Cousins, the company's CFO, is leaving to pursue other career interests and, effective June 14, Tony Guglielmin will join the company as Chief Financial Officer. Mr. Guglielmin was most recently CFO at Canada Line Rapid Transit Inc. Before that role Mr. Guglielmin served as Corporate Treasurer at BC Hydro and in a series of VP-level financial leadership roles at Finning International.
Terra Ventures Inc. (TSX-V: CAS) and Terrex Energy Inc. announced, that following finalization of the previously announced spin-out of Terrex, Norman G. Knecht has been appointed VP Finance and CFO of Terrex Energy Inc. Mr. Knecht was VP Finance & CFO of Compton Petroleum Corporation a TSX and NYSE listed company from 1997 through 2008 prior to which he was a partner with a national accounting firm.
If you have news about CFO’s on the move, or any comments on this feature, please email us.
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