TORONTO, February 9, 2017 /PRNewswire/ --
Canaccord Genuity Group Inc. (the "Company") announces the
appointment of Don MacFayden to
Executive Vice President and Chief Financial Officer and the
appointment of Adrian Pelosi to
Executive Vice President, Chief Risk Officer and Treasurer, with
immediate effect.
"On behalf of my partners on the Global Operating Committee and
the Board of Directors, I would like to formally welcome Don and
Adrian to their new positions," said Dan
Daviau, President & CEO of Canaccord Genuity Group Inc.
"Both Don and Adrian have many years of experience within the
organization and are deeply qualified to lead the Company's global
financial and risk management operations in a manner that is
consistent with our values and in alignment with our commitment to
profitable growth with disciplined expense and risk
management."
Don MacFayden has been a key
member of the Group's internal and external financial and tax
reporting teams for many years. He has also been a significant
contributor to the firm's corporate development beginning with its
initial public offering, subsequent acquisitions and other growth
opportunities. He served as Chief Financial Officer of the
firm's U.S. operations from 2007 to 2012 and in 2012, became Senior
Vice President, Finance for Canaccord Genuity Group Inc. In 2016,
he assumed the additional role of CFO of the firm's U.S.
operations. Don received a Master of Business Administration from
Queen's University and he is a Chartered Professional Accountant
and a CFA Charterholder.
Adrian Pelosi joined the firm in
2007 and since 2008 has served in a variety of roles of increasing
responsibility within the Group's Risk Management operations.
From 2014 to 2016, he served as Senior Vice President and Head of
Internal Audit and was made Group Treasurer in 2016. He has had
Group Board reporting responsibilities since 2010. Adrian is a CFA
Charterholder and a Certified FRM (Financial Risk Manager).
In addition to the appointments noted above, Nick Russell, Chief Financial Officer of
Canaccord Genuity Limited, our UK & Europe capital markets subsidiary, will assume
the additional role of Senior Vice President, Finance for Canaccord
Genuity Group Inc.
All of these appointments follow the resignation of Brad Kotush Executive Vice President, Chief
Financial and Risk Officer, which was previously disclosed on
November 1, 2016 and comes into
effect today.
Mr. Daviau added, "I would like to thank Brad for ensuring
that we've had a successful transition in these key roles. He
has been a good partner and made significant contributions in
building the firm's global platform over 19 years of dedicated
service. On behalf of the Global Operating Committee and the Board,
I wish Brad continued success in his future endeavours."
ABOUT CANACCORD GENUITY GROUP INC.:
Through its principal subsidiaries, Canaccord Genuity Group Inc.
(the "Company") is a leading independent, full-service financial
services firm, with operations in two principal segments of the
securities industry: wealth management and capital markets. Since
its establishment in 1950, the Company has been driven by an
unwavering commitment to building lasting client relationships. We
achieve this by generating value for our individual, institutional
and corporate clients through comprehensive investment solutions,
brokerage services and investment banking services. The Company has
offices in 10 countries worldwide, including Wealth Management
offices located in Canada, the UK,
Guernsey, Jersey, the Isle of Man and Australia. Canaccord Genuity, the
international capital markets division, operates in Canada, the US, the UK, France, Ireland, Hong Kong,
China, Australia and
Dubai. To us there are no foreign
markets. ™
Canaccord Genuity Group Inc. is publicly traded under the symbol
CF on the TSX.
FOR FURTHER INFORMATION CONTACT:
Christina Marinoff
Vice President, Investor Relations & Communications
Phone: +1-416-687-5507
email: christina.marinoff@canaccord.com
http://www.canaccordgenuitygroup.com