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

Canada | CFO Moves – week ending May 19, 2017

Tracking CFO Movement Across Canada.


Amaya Inc. [MONTREAL] (NASDAQ: AYA; TSX: AYA) announced the appointment of Brian Kyle as Chief Financial Officer of Amaya, effective June 19, 2017. Mr. Kyle joins Amaya from Pivot Technology Solutions where he was Chief Financial Officer. Prior to joining Pivot in August 2016, Mr. Kyle was a partner and co-founder of ALSA Capital Ltd, from August 2014 to August 2016. Prior to ALSA, Mr. Kyle spent five years at TSX-listed DH Corporation, where he was CFO. Prior to this, he held a number of senior financial positions in leading publicly traded technology, consumer product and manufacturing companies, including with Teranet. Mr. Kyle has been on a number of advisory boards and is currently a board member of VersaPay Corporation, and Pivot. Mr. Kyle will be based in Toronto and succeed Daniel Sebag, who has served as Amaya’s Chief Financial Officer since 2007 and will assist Mr. Kyle and Amaya in ensuring an orderly transition of his duties.

BioAmber Inc. [MONTREAL] (NYSE: BIOA, TSX: BIOA) announced the appointment of Mario Settino as the Company’s Chief Financial Officer. Mr. Settino replaces the Company’s current Interim Chief Financial Officer, Raymond Land, who will continue to serve as Chairman of the Company’s Board of Directors. Mr. Settino previously served as President and Chief Financial Officer of Peds Legwear and prior to this was Chief Financial Officer of Miranda Technologies. Mr. Settino has previously held senior financial positions with Loblaws, Bombardier and LGS, (an IBM company). He is a chartered professional accountant who began his career at Deloitte.

TECSYS Inc. [MONTREAL] (TSX: TCS) announced the appointment of Brian Cosgrove as Chief Financial Officer Designate to succeed Berty Ho-Wo-Cheong. Mr. Ho-Wo-Cheong will be stepping down on July 6, 2017 after almost 20 years as CFO to take on a new role within the business. Mr. Cosgrove will take over the role of CFO after the Company has released its annual financial results for the year ended April 30th 2017. Prior to joining TECSYS, Mr. Cosgrove served as the Chief Financial Officer of Logibec Inc. from 2011 to 2017 where he played a key role in its profitable growth after being taken private by Omers Private Equity. From 2002 to 2011, Mr. Cosgrove served as VP Finance and Corporate Services of The Createch Group, a Bell Canada company.

New Look Vision Group Inc. [MONTRÉAL] (TSX: BCI) announced that Derrick Giannoumis, Senior Vice-President and Chief Financial Officer, will retire from the Company effective June 2nd, 2017.

Forsys Metals Corp. [TORONTO] (TSX: FSY) appointed Dale Hanna as Chief Financial Officer (“CFO”), following the resignation of Rowen Colman. Mr. Hanna has 14 years’ experience working with Australian-listed mining and resource companies, including senior roles with Helix Resources Limited, Lemur Resources Limited and Dominion Mining Limited.

Group Ten Metals Inc. [VANCOUVER] (TSX-V: PGE, OTC: DCGCF) announced the appointment of Tim Thiessen as Chief Financial Officer. Thiessen is currently CFO at Metallic Minerals Corp. and Foran Mining Corporation. He previously held this position with SnipGold Corp. (acquired by Seabridge Gold Inc. in June 2016) and Aurcana Corporation. Mr. Thiessen spent 7 years as Vice President of Finance for TSX-listed Endeavour Financial Ltd. and was part of a team that spawned industry-leading companies such as Silver Wheaton Corp., UrAsia Energy Ltd., Peak Gold Ltd. and Coastal Energy Corp. Thiessen also held the positions of Controller with Endeavour Mining Capital Corp.

Gravitas Financial Inc. [TORONTO] (CSE: GFI) announced that Peter Liabotis has been appointed as the Company’s Chief Financial Officer. During his career, he has worked as the Chief Financial Officer of Canadian and United States public companies within the mining industry and as the Chief Financial Officer of an international private company within investment industry.

Cardiome Pharma Corp. [VANCOUVER] (NASDAQ: CRME; TSX: COM) announced Justin Renz as its new Chief Financial Officer (CFO). Jennifer Archibald, Cardiome’s current CFO, has been appointed to the position of Chief Business Operations Officer. Mr. Renz most recently served as Executive Vice President, Chief Financial Officer and Treasurer at Karyopharm Therapeutics, which he joined in August 2014. Prior to Karyopharm, Mr. Renz was Executive Vice President, Chief Financial Officer and Treasurer at Zalicus Inc. (formerly CombinatoRx, Inc.), which he joined in September 2006. Prior to Zalicus, Mr. Renz served in senior finance and accounting roles at Serono, Inc. and Coley Pharmaceutical Group, Inc.


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