Tania Clark has joined the Business Development Bank’s Board of Directors. Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, responsible for the Business Development Bank of Canada said Clark brings a wealth of experience as director, invaluable to BDC as it continues to play a vital role in delivering critical advisory and financial supports to Canadian entrepreneurs through the pandemic, especially as we begin recovering from the COVID-19 recession; delivering programs for strong, sustainable and inclusive long-term growth; and taking decisive action against climate change. Clark has over 20 years’ experience in senior financial positions in a diverse range of sectors, including the food and beverage, retail, and financial sectors. She is presently the Senior Vice-President and Chief Financial Officer (CFO) at New Look Vision Group, a major Montréal-based retailer in the eye care industry. She has previously served as vice-president and CFO at a publicly traded multinational corporation.

ATAC Resources Ltd. (TSXV: ATC) announces Larry Donaldson stepped down as ATAC’s Chief Financial Officer to focus on his other core engagements. Donaldson served as ATAC’s CFO since May 2011 and will continue as the CFO for a number of other successful junior mining companies. The ATAC Board of Directors would like to thank Donaldson for his significant contributions to the company over the past ten years. Andrew Carne, currently the Vice President of Corporate and Project Development, has been appointed Interim Chief Financial Officer.

Ortho Regenerative Technologies Inc. (CSE: ORTH) (OTCQB: ORTIF), a clinical stage orthobiologics company focused on the development of novel soft tissue repair regenerative technologies, announced the appointment of Tim Cunningham to its Board of Directors. Cunningham brings over 30 years of extensive finance and operations leadership experience in the biotechnology and software industries to his work with his public and private Danforth clients, as a CFO with a demonstrated record of success in building start-up enterprises into industry leaders and scaling larger entities globally. Tim’s expertise includes financial & strategic planning, P&L management & execution, acquisitions & divestures, raising equity and debt and post-merger integration. Tim is a trusted advisor and subject matter expert in strategic planning and creative, scalable, business design, and has a proven track record of driving growth leading to either a successful exit via sale or IPO. Tim has raised more than $500M in private and public equity as well as debt in his career.

Kivuto Solutions, a leading provider of digital solutions for the education industry, announced Sarah Foottit has taken on the role of Chief Financial Officer (CFO). Foottit is a versatile financial and strategic executive with extensive experience planning and administering finance operations at a broad range of organizations. This experience includes senior roles in tech companies Titus and Stealthbits Technology. Her industry knowledge and proven track record of innovatively improving businesses makes her an extremely valuable addition to Kivuto’s executive team. “I’m happy to be joining Kivuto at what I consider very exciting time for the company,” said Foottit. Kivuto has been transforming the way schools manage and distribute digital resources to students and faculty for over 20 years. Kivuto streamlines the management and delivery of academic software, eTextbooks, cloud licenses, and all other types of digital resources used in education. Software vendors, textbook publishers, and academic institutions around the world rely on Kivuto to ensure the secure and successful delivery of digital assets to students, faculty, and school staff.

Supremex Inc. (TSX: SXP), a leading North American manufacturer and marketer of envelopes and a growing provider of packaging and specialty products, appointed Mary Chronopoulos as Chief Financial Officer and Corporate Secretary effective May 31, 2021. Chronopoulos is a highly accomplished financial executive with over 16 years of experience in finance with large private and public companies. She was previously Chief Financial Officer of Energir, a diversified energy company with over $2.5 billion in sales and Chief Financial Officer of Group BMR, a large home renovation and hardware company. She also held various senior roles in finance such as Vice President of Finance at Aldo Group and at Saputo’s Bakery Division. Chronopoulos holds the CPA, CMA designation and earned an MBA from the John Molson School of Business.

Charlotte’s Web Holdings, Inc. (TSX: CWEB) (OTCQX: CWBHF), the market leader in hemp CBD extract products, announced the appointment of Tim Saunders to its Board of Directors. Tim Saunders was Chief Financial Officer of Canopy Growth Corporation from its entrepreneurial beginning and led its public up-listing to the Toronto Stock Exchange, and subsequently to the New York Stock Exchange – both firsts for the cannabis sector. During his tenure he oversaw more than C$6.4 billion in financing, 31 acquisitions, and an increase in market capitalization from approximately C$100 million to C$20 billion, as the world’s largest cannabis company. Saunders retired from his role at Canopy in May 2019 after four years with the Company. Most recently Saunders was CFO for Collective Growth Corporation, a SPAC (special purpose acquisition company) which successfully raised US$150 million and recently completed a merger and public listing on the Nasdaq at a capitalization of US$1.4 billion. As a part of this venture Mr. Saunders evaluated dozens of hemp businesses around the world from over 170 potential targets reviewed, gaining a deep perspective on the developing global hemp supply chains and related regulatory status across several countries. Prior to Canopy Saunders held financial executive and leadership roles across a number of sectors including mobile, telecom, semiconductors, manufacturing and clean tech. He has expertise in establishing financial management and control with responsibilities for the full span of finance operations, leading change, and strategic planning and execution.

Michael Watt, Chief Executive Officer of Daiya Foods, announced the appointment of finance veteran Melissa Lee to the position of Chief Financial Officer for the company. As a member of the Daiya Senior Leadership Team, Lee will report directly to Michael Watt and she will be responsible for leading the Finance and IT Teams for Daiya. Originally from Canada, Lee returns following three years in the United States, where she most recently held an executive leadership role as Vice President, Corporate FP&A with Walmart Inc. Prior to her time in the U.S., Lee held progressively senior finance roles in merchandising, supply chain, store operations, and eCommerce over her 10 years with Walmart Canada. Her early finance career started at Unilever Canada, where she held a range of business partnering and FP&A roles from
2002-2010.

AcuityAds Holdings Inc. (TSX: AT) (OTCQX: ACUIF), the technology leader in consumer journey based advertising automation, announced upcoming board and management changes. Jonathan Pollack, its Chief Financial Officer, will retire from the Company later this calendar year once his successor has been identified. Pollack stated: “I am very pleased with all of the successes that we have enjoyed during my tenure at AcuityAds, and I am especially proud of my contributions in placing AcuityAds on its strongest financial footing in its history. I am confident that AcuityAds remains poised for even greater accomplishments over the next number of years as it continues to build on the momentum that has been created.” Tal Hayek, the Chief Executive Officer of the Company, stated: “Jonathan has played a meaningful role over the last three years in setting our capital markets strategy and improving our financial reporting functions so that these important aspects of our business have strengthened alongside our commercial successes. During his tenure we have strengthened our partnership with our lender, raised capital from the public markets on two separate occasions, graduated our stock listing to the Toronto Stock Exchange and we are now included in the S&P/TSX Composite Index.”

Previous post

Talking Points

Next post

Why Are Scams on the Rise in An Increasingly Digital Society?

Editor

Editor