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.
Tuesday, October 12, 2010
Monday, October 4, 2010
Are you ready to give up your CA for a CPA?
If you are a Canadian CA, there is a good chance you worked hard for it, and are quite proud of the designation. I know I worked hard for it, and I am proud CA.
Buried in my emails recently I found a letter from Bill MacKinnon, FCA, Chair of the CICA Board of Directors discussing two points of concern for the future of our profession that came up out of a recent meeting of leaders’ of our profession.
The first point of concern for our leaders, which addresses “Pathways into the CA Profession in Canada” is continuing down the slippery slope that was created when the CICA started accepting training for new professionals outside of an audit firm environment. While I do have concerns in this area, this is currently overshadowed the 2nd point of concern – A Canadian CPA. (Click here to view the new logo).
Yes. That’s right. The leaders of our profession are considering a Canadian CPA designation.
As a CA, I have been proud of the efforts in past years to brand the CA designation as the premier accounting designation in Canada (and the world). Now it seems that globalization of the accounting profession (which most recently has Canadian GAAP being replaced by International GAAP – IFRS) has made our leaders hedge our bets on our historic name and brand, just in case we need to “start consolidating into one or two global professions”.
What the future holds for Canadian CAs and the constituents we serve is currently unclear. It is not clear as to whether we can currently call ourselves CA, CPA or both together.
A few years back when the profession in its wisdom wanted to merge with the other accounting professions in Canada, our members were very clear that it was not what the grass roots members wanted.
My initial reaction to this development is: “I’m not interested, but I am willing to listen - you’ll have to convince me.” I believe that many CAs will have the same reaction. I hope that the leaders of our profession ensure that they properly consult with the CA members across the country, and not just make an administrative decision that deeply affects our attachment to our profession and to our brand.
What is your reaction?
Buried in my emails recently I found a letter from Bill MacKinnon, FCA, Chair of the CICA Board of Directors discussing two points of concern for the future of our profession that came up out of a recent meeting of leaders’ of our profession.
The first point of concern for our leaders, which addresses “Pathways into the CA Profession in Canada” is continuing down the slippery slope that was created when the CICA started accepting training for new professionals outside of an audit firm environment. While I do have concerns in this area, this is currently overshadowed the 2nd point of concern – A Canadian CPA. (Click here to view the new logo).
Yes. That’s right. The leaders of our profession are considering a Canadian CPA designation.
As a CA, I have been proud of the efforts in past years to brand the CA designation as the premier accounting designation in Canada (and the world). Now it seems that globalization of the accounting profession (which most recently has Canadian GAAP being replaced by International GAAP – IFRS) has made our leaders hedge our bets on our historic name and brand, just in case we need to “start consolidating into one or two global professions”.
What the future holds for Canadian CAs and the constituents we serve is currently unclear. It is not clear as to whether we can currently call ourselves CA, CPA or both together.
A few years back when the profession in its wisdom wanted to merge with the other accounting professions in Canada, our members were very clear that it was not what the grass roots members wanted.
My initial reaction to this development is: “I’m not interested, but I am willing to listen - you’ll have to convince me.” I believe that many CAs will have the same reaction. I hope that the leaders of our profession ensure that they properly consult with the CA members across the country, and not just make an administrative decision that deeply affects our attachment to our profession and to our brand.
What is your reaction?
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.
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.
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.
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.
Monday, September 13, 2010
Canadian CFOs on the Move – week ended September 10, 2010
Provident Energy Trust (TSX: PVE.UN, NYSE: PVX) announced that Brent Heagy has been appointed Senior Vice President, Finance and Chief Financial Officer ("CFO") effective October 1, 2010. Brent will succeed Mark Walker who, as previously announced, will be stepping down from the role effective September 30, 2010. Mr. Heagy was most recently Chief Financial Officer of a Calgary based mid-sized Energy Trust. Prior to that, he was Chief Risk Officer for EnCana Corporation in Calgary, Chief Financial Officer for PanCanadian Energy Corporation's US operations based in Houston, Texas and began his career with Coopers & Lybrand in Calgary.
Catch the Wind Ltd. (TSX-V: CTW) announced that Robin Roge has been appointed as interim Chief Financial Officer of the Company, succeeding David Samuels. Since 2009, Robin has served as Director of Accounting of the Company and has performed its Controller function.
NexGen Financial LP announced that Abe Goenka has been appointed as Senior Vice President and Chief Financial Officer adding to his current responsibilities as Chief Operating Officer. Moira Saganski, a founding shareholder of NexGen, has relinquished her CFO responsibilities and will continue to work with the firm in fund administration.
Corvus Gold Inc. (TSX: KOR) announced the appointment of Michael Kinley as Chief Financial Officer of the company. Michael started his career with KPMG, where he became a partner in 1981. Since 1993, Mike has been the president of Winslow Associates Management & Communications Inc., a private consulting firm which provides accounting and regulatory support services to junior public companies.
Silver Dragon Resources Inc. (OTCBB: SDRG.OB) announced the appointment of Jeffrey D. Sherman as Chief Financial Officer and Corporate Secretary. He is a director of several companies, as well as chief financial officer of a TSX-listed company.
Pioneering Technology Corp. (TSX-V: PTE) announced that Peter Knee has been appointed as Chief Operating Officer and Chief Financial Officer of the Company. He most recently served as CFO for Citicapital, a large equipment finance company wholly owned by Citigroup until its recent sale to GE Capital
Intermap Technologies Corporation (TSX: IMP) announced the resignation of Brian Musfeldt from the positions of Chief Financial Officer and Vice-President.
Avante Security Corp. (TSX-V: ASY) announced that Raghu Sampath was appointed Chief Financial Officer of the Corporation. Prior to joining Avante, Mr. Sampath spent seven years at Sapphire Technologies Canada (formerly CNC Global limited), Canada's largest IT Staffing Company where he was responsible for all finance and accounting functions of the company.
Vivonet Inc. announced the appointment of Jim MacCallum as Chief Financial Officer. Jim will be replacing Kevin Falk, who assumed the role of interim Chief Finance Officer in October 2008. Kevin has transitioned into the role of Chief Product Officer at Vivonet. Prior to joining Vivonet, Jim was Vice President of Finance for Absolute Software (TSE:ABT). He has also held similar positions at Cisco Systems Inc. (NASDAQ:CSCO) as Controller, Global Customer Financial Services and at PMC-Sierra Inc. (NASDAQ:PMCS) as Controller of Operations.
Cequence Energy Ltd. (TSX: CQE) announced the appointment of David Gillis as Vice President, Finance and Chief Financial Officer.
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Catch the Wind Ltd. (TSX-V: CTW) announced that Robin Roge has been appointed as interim Chief Financial Officer of the Company, succeeding David Samuels. Since 2009, Robin has served as Director of Accounting of the Company and has performed its Controller function.
NexGen Financial LP announced that Abe Goenka has been appointed as Senior Vice President and Chief Financial Officer adding to his current responsibilities as Chief Operating Officer. Moira Saganski, a founding shareholder of NexGen, has relinquished her CFO responsibilities and will continue to work with the firm in fund administration.
Corvus Gold Inc. (TSX: KOR) announced the appointment of Michael Kinley as Chief Financial Officer of the company. Michael started his career with KPMG, where he became a partner in 1981. Since 1993, Mike has been the president of Winslow Associates Management & Communications Inc., a private consulting firm which provides accounting and regulatory support services to junior public companies.
Silver Dragon Resources Inc. (OTCBB: SDRG.OB) announced the appointment of Jeffrey D. Sherman as Chief Financial Officer and Corporate Secretary. He is a director of several companies, as well as chief financial officer of a TSX-listed company.
Pioneering Technology Corp. (TSX-V: PTE) announced that Peter Knee has been appointed as Chief Operating Officer and Chief Financial Officer of the Company. He most recently served as CFO for Citicapital, a large equipment finance company wholly owned by Citigroup until its recent sale to GE Capital
Intermap Technologies Corporation (TSX: IMP) announced the resignation of Brian Musfeldt from the positions of Chief Financial Officer and Vice-President.
Avante Security Corp. (TSX-V: ASY) announced that Raghu Sampath was appointed Chief Financial Officer of the Corporation. Prior to joining Avante, Mr. Sampath spent seven years at Sapphire Technologies Canada (formerly CNC Global limited), Canada's largest IT Staffing Company where he was responsible for all finance and accounting functions of the company.
Vivonet Inc. announced the appointment of Jim MacCallum as Chief Financial Officer. Jim will be replacing Kevin Falk, who assumed the role of interim Chief Finance Officer in October 2008. Kevin has transitioned into the role of Chief Product Officer at Vivonet. Prior to joining Vivonet, Jim was Vice President of Finance for Absolute Software (TSE:ABT). He has also held similar positions at Cisco Systems Inc. (NASDAQ:CSCO) as Controller, Global Customer Financial Services and at PMC-Sierra Inc. (NASDAQ:PMCS) as Controller of Operations.
Cequence Energy Ltd. (TSX: CQE) announced the appointment of David Gillis as Vice President, Finance and Chief Financial Officer.
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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.
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.
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