TORONTO, Nov. 12, 2014 /CNW/ - Home Capital Group Inc.
(TSX:HCG) today announced that Chief Financial Officer and
Executive Vice-President Robert
Blowes will retire at the end of 2014. Robert Morton, currently CFO of Home Trust
Company, will succeed Mr. Blowes as Chief Financial Officer of Home
Capital.
Mr. Blowes joined Home Capital as Senior Vice-President Finance
in November of 2010 and was promoted to CFO in May 2011. He was appointed Executive Vice
President in November 2012.
"As a key member of Home's Executive Committee and the leader of
its Finance team, Bob has played an active role in the development
and execution of Home's strategy, contributing to its continued
success," said Gerald Soloway,
Home's CEO. "He has demonstrated strong leadership in all aspects
of our business, building on the Company's strengths and solid
financial performance. On behalf of everyone at Home, we thank Bob
for his exceptional contribution."
Robert Morton joined Home Trust,
Home Capital's wholly owned subsidiary and principal operating
unit, in September of this year after a successful career at State
Street Bank where he was most recently Group Chief Financial
Officer of the Canadian legal entities, responsible for all
financial functions in Canada as
well as Principal Officer of State Street Bank and Trust Company -
Canada Branch. He is a CPA, CMA,
and also holds the Chartered Director designation from the DeGroote
School of Business.
Home Capital Group Inc. is a public company, traded on the
Toronto Stock Exchange (HCG), operating through its principal
subsidiary, Home Trust Company. Home Trust is a federally regulated
trust company offering residential and non-residential mortgage
lending, securitization of insured residential first mortgage
products, consumer lending and credit card services. In addition,
Home Trust offers deposits via brokers and financial planners, and
through its direct to consumer deposit brand, Oaken
Financial. Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British
Columbia, Nova Scotia,
Quebec and Manitoba.
SOURCE Home Capital Group Inc.