Canada | CFO Moves – week ending November 29 2013

BlackBerry Limited (TSX: BB) announced that James Yersh will replace Brian Bidulka as its Chief Financial Officer. Yersh, who has worked at BlackBerry since 2008, previously served as Senior Vice President, Controller and as the Company’s head of Compliance. Bidulka will stay on as a special advisor to the CEO for the remainder of the fiscal year to assist with the transition.

Canadian Pacific (TSX: CP) announced that Bart Demosky has been appointed Executive Vice-President and Chief Financial Officer (CFO) effective December 28, 2013. On October 23, 2013, CP announced that Brian Grassby would retire as the company’s Senior Vice-President and Chief Financial Officer at year-end. Demosky joins CP from Suncor Energy where he had been Chief Financial Officer since 2009. His career at Suncor began in 2006 when he was appointed vice president and treasurer. In 2008 Demosky was appointed Senior Vice-President Business Services.

CPP Investment Board (CPPIB) announced that Benita Warmbold will assume the role of Senior Vice-President & Chief Financial Officer. Ms. Warmbold was most recently Senior Vice-President & Chief Operations Officer. Ms. Warmbold joined CPPIB in 2008. Nick Zelenczuk, who was most recently Senior Vice-President & Chief Financial Officer, will assume the role of Senior Vice-President & Chief Operations Officer. Mr. Zelenczuk joined CPPIB in 2009.

Argex Titanium Inc. (TSX: RGX) announced the appointment of Glen Kayll as its new Chief Financial Officer. Mr. Kayll replaces Mark Billings, who will take on the role of Senior Vice President of Corporate Development and continue as a director of the company. Mr. Kayll has 20 years of corporate finance experience, including as CFO and senior finance and operating roles with Canadian and US public companies listed on both the TSX and NASDAQ exchanges.

Innovente Inc. (TSX-V: IGE) announced the appointment of Cynthia Paquin as Vice-President, Finances of the Corporation. Ms. Paquin will officially take office on December 20, 2013, succeeding Marjolaine Giasson who will be leaving the Corporation on that date. Ms. Giasson has extensive experience in audit of public and private corporations active in various sectors in Canada as well as internationally.

Bengal Energy Ltd. (TSX: BNG) announced the appointment of Jerrad Blanchard as Chief Financial Officer (CFO). Prior to its sale earlier in 2013, Mr. Blanchard served as the CFO of Winstar Resources Ltd. Prior thereto, he was a Manager in PricewaterhouseCoopers LLP’s Audit and Assurance Group. Mr. Blanchard will be replacing Bryan Goudie, who served as Bengal’s CFO since 2006, and is resigning from the company to pursue other opportunities.

Partners Real Estate Investment Trust (TSX-V: PAR.UN) announced the departure of Heather Routly, Chief Financial Officer for Partners REIT.

Detour Gold Corporation (TSX: DGC) announced that Gerald Panneton, Detour Gold’s President and Chief Executive Officer, has resigned. The Board of Directors has appointed Paul Martin, Chief Financial Officer, as interim Chief Executive Officer. James Mavor, Vice President, Finance, has been appointed interim Chief Financial Officer during this period.

Trimel Pharmaceuticals Corporation (TSX: TRL) announced the appointment of Matthew Pfeffer to its Board of Directors. Mr. Pfeffer currently serves as the Corporate Vice President and Chief Financial Officer of MannKind Corporation, a United States based biopharmaceutical company.

Eagle Hill Exploration Corporation (TSX-V: EAG) announced the appointment of Danny Lee to the position of Chief Financial Officer. Mr. Lee has more than 18 years of experience, including eight years as the Chief Financial Officer of resource companies.

Canada Energy Partners Inc. (TSX-V: CE) announced the appointment of Danny Lee as Chief Financial Officer. Mr. Lee has more than 18 years of experience, including eight years as the Chief Financial Officer of resource companies.

CFO Moves Canada is a blog dedicated to tracking CFO movement across Canada. If you have a CFO Movement to report, please email us

CFO Moves Canada is published by Samuel Dergel at Stanton Chase International’s CFO Search Practice. You can contact us at (514) 907-0925 or by email

Samuel Dergel also publishes
- Samuel’s CFO Blog, which provides readers with “An Insider’s Insight into the Mind of the CFO”
- CFO Moves, dedicated to tracking CFO movement across the USA
- CFO Moves UK, dedicated to tracking CFO movement across the United Kingdom