Business Edge
Norsemont Mining Inc. (TSX NOM) has appointed Gaston Loyola as VP of exploration. He comes with 20 years of experience in different geological environments around the world. Norsemont is a mineral exploration and development company focused on the Constancia Cu-Mo-Ag deposit in southern Peru. Its office is in Toronto.
Lake Shore Gold Corp. (TSX:LSG) has named Chris Steward as VP of operations and Merushe Verli as VP of finance and corporate controller. Steward is a mining engineer who was most recently a VP at TESC Mining Services Inc. He will work in the company’s Timmins exploration office. Verli joined Lake Shore in 2007 as controller and works in the Toronto head office. Lake Shore is focused on gold deposits in the Canadian Shield.
Home Capital Group Inc. (TSX:HCG) says that CFO Phil Braginetz has left the company. The management team will share CFO responsibilities. Home Capital operates through its principal subsidiary, Home Trust Co. Its head office is in Toronto.
CCL Industries Inc. (TSX:CCL.A, CCL.B) says John Doolittle has resigned as executive VP and CFO for health reasons. Retired CFO Steve Lancaster, who had agreed to remain to the end of this year to assist on special projects, will act as CFO during the interim. CCL units produce labels, aluminum cans, bottles and plastic tubes for the consumer products industry. It is headquartered in Willowdale.
Arehada Mining Ltd. (TSX:AHD) has appointed Tom Zhen Wang as interim chief executive. Arehada said CEO Steve Fan Wang has taken a leave of absence for health reasons. Tom Zhen Wang has been managing director and CEO of Arehada Mining Corp., the company’s operational subsidiary in China. Arehada Mining Ltd.’s head office is in Toronto.
Harte Gold Corp. (TSXV:HRT) says its board has removed Robert Platt as president and CEO. Robert Isles, a director on the company’s board, has been appointed in his place. Also, Milton Klyman has resigned as CFO, to be replaced by Paul Ankcorn, who is listed on the company website as the chairman. The company did not give a reason for the management shakeup. Harte Gold is a gold mining and development company with its head office in Toronto.
Neotel International Inc. (TSXV:NIT) has named Peter Earnshaw, P.Eng., as executive VP. Prior to joining Neotel, Earnshaw was VP and general manager at Celestica. Neotel provides enterprise information technology, security and biometrics identification solutions. Its head office is in Markham.
Ipico Inc. (TSXV:RFD) has promoted Gordon Westwater to president and CEO. The company said Westwater had played a key role in the development and execution of its business strategy as president over the last two years. Ipico produces smart labels, tags and readers based on the IP-X communication protocol. Its head office is in Burlington.
Lakota Resources Inc. (TSXV:LAK) has appointed Ian Kennedy as president, succeeding George Breuler, who remains a director. Kennedy has been involved with Lakota since last year as an adviser. Lakota is focused on gold exploration in Tanzania. Its head office is in Toronto.
MacMillan Gold Corp. (TSXV:MMG) has appointed Cary Pothorin, P.Geo., as VP of exploration for Peru. Pothorin was most recently VP of exploration for Acero-Martin Exploration Inc. Toronto-based MacMillan Gold is a resource exploration and development company.
RoaDor Industries Ltd. (TSXV:RDR) has named Keith Hart as president and CEO. Hart is a designer of the RoaDor product line and is a major shareholder. The company said in a release that Dan Pickford had resigned as president, CEO and a director for personal reasons. RoaDor sells PVC roll-up doors designed specifically for the commercial truck, van and trailer industry. Its head office is in Vaughan.
Toronto-based data-protection technology company Asigra Inc. has announced several executive appointments. Joining Asigra’s executive team are chief sales officer Joseph Jeter, VP of global alliances Shannon White, VP of North American channels Don Phillips and VP of government systems Jim Powers. Jeter previously was VP of infrastructure transformation services for Unisys Corp. White previously held executive positions with Unisys, HP, Compaq and Texas Instruments. Phillips was a director at Alcatel-Lucent. Powers was managing principal of EMC’s Microsoft practice.
Data warehouse provider Infobright has named Laurence Gutcher as CFO and Susan Davis as VP of marketing, and established a Boston office. Gutcher joins Infobright from PriceMetrix Inc. Davis, who will work in Boston, was previously VP of marketing for Egenera. Infobright’s Brighthouse software analyses massive amounts of information. The company’s head office is in Toronto.
AIM Trimark Investments has promoted Peter Intraligi to president and Graham Anderson to chief investment officer. Intraligi joined AIM Trimark in 1999 and was most recently COO, which he will continue in addition to being president. Anderson has been with AIM Trimark since 2000. He was most recently head of investment operations. AIM Trimark is an investment managment company with about $45 billion under management. It is a subsidiary of Invesco Ltd. (NYSE:IVZ).
IGPC Ethanol Inc. has named Jim Grey as CEO of its $140-million ethanol plant being built at Aylmer. He will assume the post April 14. Grey previously served as president of Casco Inc., as well as executive VP of Casco’s parent company, Corn Products North America. IGPC Ethanol Inc. is a wholly owned subsidiary of the Integrated Grain Processors Co-operative, which has its office in Aylmer.
The Ontario Restaurant Hotel & Motel Association (ORHMA) has appointed Tony Elenis as its new president and CEO. Elenis comes to the ORHMA after 27 years as general manager of the Holiday Inn Select Toronto Airport. ORHMA has more than 4,000 members representing more than 11,000 establishments across the province.
Vector Aerospace Corp. (TSX:RNO) has named Declan O’Shea as president and CEO. Donald Jackson, previously chairman, president and CEO, remains chairman. O’Shea comes to Vector from SR Technics, where he was most recently executive vice-president for sales, marketing and business integration. Vector provides maintenance, repair and overhaul services for fixed-wing and rotary-wing aircraft operators around the globe. Its head office is in Toronto.
Former Molson Inc. CEO James Arnett is the new chairman of Hydro One, the giant Ontario government-owned transmission utility with 5,500 employees. Arnett replaces Rita Burak, who is stepping down after five years as chair of Hydro One. In 2007, Premier Dalton McGuinty appointed Arnett to review the salaries of public-sector executives in Ontario’s energy sector after former Hydro One CEO Tom Parkinson quit amid an expense account scandal.
Cott Corp. (TSX:BCB) shares jumped more than 12 per cent after the company parted ways with Brent Willis, the CEO brought in to help rescue the soft-drink maker. Cott, which lost US$76.8 million in the fourth quarter, said director David Gibbons has been named interim CEO. Gibbons was previously CEO of over-the-counter drugmaker Perrigo Co. Cott has struggled to maintain its private-label beverage dominance in the face of changing tastes and intensifying big-brand competition. To help counter the flattening popularity of carbonated drinks, Cott has shifted its focus to bottled water and energy drinks.
Scotiabank has hired Derek Holt as VP of economics at Scotia Capital. Holt has an extensive background in financial services and comes from another Canadian financial institution. Scotiabank said he would focus on fixed-income and equity markets and also provide financial market forecasting and institutional-side analysis. Scotia Capital is a subsidiary of Scotiabank.
Labrador Iron Mines Holdings Ltd. (TSX:LIR) has made executive appointments for its direct shipping ore project in Newfoundland and Labrador near Schefferville, Que. Marc Duclos has been named VP of transport services, bringing more than 30 years’ experience in rail, port, and truck transport management. Linda Wrong, P.Geo., has been named VP of environmental and permitting affairs. She is a former senior exploration geologist with more than 20 years’ experience in remote and northern locations. John Rogers, CMA, has been appointed controller. He was most recently controller of Ucore Uranium. Labrador Iron Mines Holdings is a resource development company focused on the Labrador Trough near Schefferville. Its head office is in Toronto.
Priszm Income Fund (TSX:QSR.UN) CEO John Bitove is stepping down as head of the fast-food income trust and will be replaced by Jeff O’Neill on April 24. Bitove, who is also a major force behind Canadian Satellite Radio Holdings Inc. (TSX:XSR) and the XM Canada subscription-radio service,will stay on as executive chairman. O’Neill is currently the fund’s president and chief operating officer. As well, Steven Boyack, former chief financial officer at West 49 Inc., will become CFO following the resignation of Peter Walkey. The fund, which gets its revenues from KFC, Taco Bell and Pizza Hut restaurants that pay royalties based on sales, also named Steve Langford as president of KFC/Taco Bell effective immediately. Priszm has its head office in Vaughan.
– with files from The Canadian Press
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