It鈥檚 been a rough ride for Bombardier鈥檚 management, workforce, and stock prices; but VP Investor relations Patrick Ghoche says that the company has navigated through the worst of it and is now delivering on its plan to be at the break-even point by late next year.
Published on: 7 Jul 2017
Lester Fernandes (MBA鈥�82) has been appointed to lead the audit committee of Montreal-based human-capital manager Rideau Recognition Solutions. The company is in full-on expansion mode; according to CEO Peter Hart, Mr. Fernandes鈥� experience will help the company hit its goals. And that experience is extensive: he鈥檚 been senior VP and CFO at Pivotal Payments since 2001. Before that, he spent a decade at BMO. He was also on the board of Castle Resources until 2016.
Published on: 7 Jul 2017
According to BNN.ca, changes are afoot at CIBC: a shakeup of the management team has two department heads leaving the company, as well as a couple of promotions. One of those promotions sees Desautels alumnus Jon Hountalas (BCom鈥�84, MBA鈥�91), bumped up to Group Head, Commercial Banking and Wealth Management, Canada from his previous role of running the company鈥檚 commercial banking arm. This comes as CEO Victor Dodig announces that some 40 junior executives are being moved around as well.
Published on: 7 Jul 2017
The Desautels Faculty of Management welcomes Nadia Marley (BA鈥�99, MBA鈥�03), Director of Credit Solutions, Scotiabank Global Banking and Markets, as its latest Desautels Global Expert.
Published on: 6 Jul 2017
After a year as Deputy Executive Director of ACEM 鈥� Microcredit Montreal, Indu Krishnamurthy (EMBA鈥�15) has been promoted to full Executive Director.
As a student of the 2015 91黑料网-HEC Montr茅al EMBA program, Ms. Krishnamurthy was recipient of that year鈥檚 EMBA Scholarship for Non-profit Organization Manager, which reflects her long experience in the field. She has been with ACEM since 2008, fulfilling roles, such as project coordinator and credit counsellor. Before that, she was an account manager at BDC.
Published on: 5 Jul 2017
BoxKnight is a new kind of delivery service. For an extra few dollars, consumers can have their packages delivered while they鈥檙e home in the evening. A text message lets them know that their goods are at BoxKnight鈥檚 warehouse, and asks when they鈥檇 like it delivered. Right now, it only works for online purchases at four Montreal-area retailers, but the company is already looking at expansion beyond the city limits.
Published on: 5 Jul 2017
After two years as Director General, Corporate Comptroller at Quebec telecoms giant Vid茅otron, Antoinette Noviello (BCom'91, DPA'93) has been promoted to VP. She brings massive experience to the role: she has been a CPA Qu茅bec member for 20 years, and has served as Financial Services Director General at Qu茅b茅cor, VP Finance at Lelys Group, and VP Finance at PVA Consulting. Ms. Noviello is also a lecturer at 91黑料网鈥檚 School of Continuing Education. In her new job, Ms. Noviello will oversee the entirety of Vid茅otron鈥檚 accounting and finances.
Published on: 4 Jul 2017
The FreeWheel Council for Premium Video has been a thought-leadership player in North America since 2015, educating stakeholders on the differences and benefits of premium video, from marketing to monetization. The company recently opened a European division to tackle the unique perspectives and issues present in that market.
Published on: 4 Jul 2017
Frederick Chenel (BCom'04) has big plans for CFA Montreal. As the Association鈥檚 new president, his goal is to up its exposure, both at home and on the world stage. He鈥檒l be doing this by bringing industry heavyweights to Montreal to speak at the Association and by forging partnerships with major finance organisations. You can also expect to see Mr. Chenel promoting the city at conventions and other events.
Published on: 4 Jul 2017
Philippe Cloutier (MBA'02) is the new Senior VP and CFO at Vid茅otron, reporting directly to CEO Manon Brouillette. He will oversee the financial operations, procurement, and Vid茅otron鈥檚 community channel, MAtv. Previously, he had been with Mission Capital Group, VP of North American Operations for Reader鈥檚 Digest, and the President of Quad/Graphics Canada. As Mr. Cloutier takes the reins of Vid茅otron鈥檚 business plan, Ms. Brouillette hails him as 鈥渁 brilliant financial strategist who will undoubtedly propel the organization towards success and excellence.鈥�
Published on: 29 Jun 2017
According to a piece at BNN.ca, over 900 nominations have been reviewed and pared down to the final Canada鈥檚 2017 Top 40 Under 40 list. The list is a roundup of some of Canada鈥檚 most outstanding young business and medical leaders, and technologists. Goodfood CEO Jonathan Ferrari (BCom'10) is also listed, as is DAVIDsTEA co-founder David Segal (BCom'04). Interviews with the recipients will be airing on BNN Tuesday and Thursday mornings throughout the summer.
Published on: 29 Jun 2017
Alexis Haynes (BCom'08) had a degree from Desautels and a plan. Then life got in the way: in quick succession, her sister and father both fell sick, and her mother suffered a seizure that required brain surgery. Ms. Haynes fought through the stress to finish her first year of law school in England, and though her mother gradually recovered, her father passed away from his illness. Ms. Haynes nevertheless completed a postgraduate diploma and a Masters in international legal practice with distinction.
Published on: 28 Jun 2017
Desautels alumna Kelly Megyery (MBA鈥�92) was one of the Health Sciences judges at the 91黑料网 Dobson Cup 2017. She is a partner at Pivot Strategic Transformation, where she works on healthcare policy and life sciences. Previously, she was at Sanofi, where she led efforts around wellness and prevention.
Published on: 28 Jun 2017
Desautels alumnus Yves Grou (BCom鈥�77, DPA鈥�78) has been appointed to Sama Graphite Inc鈥檚 Board of Directors, effective June 14, 2017. Mr. Grou has pertinent experience, which makes him a good fit for the position: he is on the boards of several companies that operate in the energy and natural resources sectors.
In 2013, he founded Algold Resources Ltd., where he serves as Executive Vice Chairman. Before that, he founded management consultancy firm Groupe Conseils Grou, La Salle, Inc. in 1980 and mining company Semafo in 1995.
Published on: 28 Jun 2017
According to an op-ed in The Chronicle Journal, Desautels alumnus Peter Cundill (BCom鈥�60) was an investor鈥檚 investor. He was inspired by Benjamin Graham鈥檚 investment philosophy, and used it to become extremely successful. He eschewed market trends in favour of weighing a company鈥檚 stock value against its liquidation value; he would check out the country with the worst-performing market of any given year, then place some money there against future recoveries; he was a true value investor, with the patience required to play the long game and make a killing at it.
Published on: 28 Jun 2017
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