Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

Canada | CFO Moves – week ending March 31, 2017

Tracking CFO Movement Across Canada.

Sun Life Financial Inc. [TORONTO] (TSX: SLF, NYSE: SLF) announced that, effective May 29, 2017, Kevin Strain, currently President, Sun Life Financial Asia, will become Executive Vice-President & Chief Financial Officer. At the same time, Colm Freyne, currently Executive Vice-President & Chief Financial Officer, will become Executive Vice-President & Chief Risk Officer.

Toronto Hydro Corporation [TORONTO] announces that Sean Bovingdon is the new Executive Vice-President and Chief Financial Officer (CFO) effective April 3, 2017. Mr. Bovingdon replaces Laura Foster, who has been the Interim CFO since December 2015 and has accepted another role on the executive team. Mr. Bovingdon brings with him over 25 years of financial leadership knowledge and experience, and has held senior executive and leadership positions within the oil and gas, manufacturing and technology sectors.

Yellow Pages Limited [MONTREAL] (TSX: Y) announced the appointment of Ken Taylor as Senior Vice-President, Chief Financial Officer (CFO). Mr. Taylor served as CFO at BTI Systems and March Networks Corporation, Vice President, Finance at Newbridge Networks Corporation and Vice President, Strategic Initiatives at Alcatel. His most recent role was with Capital Sports & Entertainment Inc., where he served as CFO of the Ottawa Senators organization.

Loop Industries, Inc. [MONTREAL] (OTC: LLPP) announced that D. Jennifer Rhee will become its new Chief Financial Officer, replacing Cesar Contla, who will be staying on in his new role as corporate controller. Ms. Rhee will assume the role in early April 2017. Ms. Rhee has been a partner with Richter LLP, a financial advisory services firm, since January 2007, and has previously worked at Richter LLP in other capacities since 2003. Ms. Rhee has practiced in the areas of international taxation and transfer pricing and was responsible for creating and building the firm’s transfer pricing practice.

BioAmber Inc. [MONTREAL] (NYSE: BIOA) announced that the Company has entered into a mutual separation agreement with Mario Saucier, in connection with his departure from his role of Chief Financial Officer effective March 28, 2017. Raymond J. Land, the current Chairman of the Board, has been appointed as the company’s interim Chief Financial Officer effective March 28, 2017. Mr. Land has served on BioAmber’s Board since 2011. Prior to his retirement, Mr. Land served as Sr. VP and CFO of Clarient, Inc., Sr. VP and CFO of Safeguard Scientifics, Inc., a venture capital firm, and Sr. VP and CFO for Genencor International Inc., from 1997 until its acquisition in 2005. Mr. Land has also held various positions at Campbell Soup Company Inc. and at Coopers & Lybrand, an accounting firm.

RioCan Real Estate Investment Trust [TORONTO] (TSX: REI.UN) announced that it has appointed Qi Tang as Acting Chief Financial Officer of RioCan effective April 3, 2017. Prior to her joining RioCan, Qi held the positions of Vice President, Finance & Accounting for Dream Global REIT, Chief Financial Officer for Symphony Senior Living Inc. and as Vice President, Strategic Planning and Forecasting for Chartwell Retirement Residences.

WPT Industrial Real Estate Investment Trust [TORONTO] (TSX: WIR.U, OTC: WPTIF) announced that Dennis Heieie, Chief Financial Officer, intends to retire at the end of June 2017. With Mr. Heieie’s retirement, the REIT is pleased to announce that Judd Gilats has been hired to succeed Mr. Heieie as Chief Financial Officer of the REIT and the REIT’s external asset and property manager, WPT Capital Advisors, LLC, effective as of the date of Mr. Heieie’s retirement. Mr. Heieie will remain with WPT Capital in an advisory capacity through the end of 2017 to ensure a seamless transition. Mr. Gilats was previously Chief Financial Officer for U.S. Assets and Dislocated Industries at Castlelake, L.P. Before Castlelake, Mr. Gilats held various corporate finance and capital markets roles with Ares Management, Wrightwood Capital, Chiron Corporation and Deloitte & Touche LLP

Northern Empire Resources Corp. [VANCOUVER] (TSX-V: NM) announced the appointment of Robert Scott as Chief Financial Officer. Scott is a founder and president of Corex Management Inc., a private company providing accounting, administration, and corporate compliance services to privately held and publicly traded companies. Mr. Scott has held senior management and board positions with a number of TSX Venture Exchange Issuers, and is currently CFO of Riverside Resources Inc. and Great Bear Resources Ltd.

United Hunter Oil and Gas Corp. [VANCOUVER] (TSX-V: UHO) announced the resignation of Jeff Ratcliffe as the company’s Chief Financial Officer and as a director of the Corporation so as to pursue other opportunities.

Fura Emeralds Inc. [TORONTO] (TSX-V: FUR) announced the appointment of Ryan Ptolemy as its new chief financial officer. Mr. Ptolemy currently serves as chief financial officer to a number of public and private companies in the mining sector, particularly exploration and development stage companies. Mr. Ptolemy formerly served as chief financial officer for an independent investment dealer in Toronto. The appointment of Mr. Ptolemy follows the resignation of Paul Bozoki as the chief financial officer of the Company.

Samuel Dergel - The CFO Expert.
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