Chief Investment Officer’s Class of 2017 Forty Under Forty list is out. It’s a roundup and Q&A with forty up-and-coming investment leaders from across the globe, selected by anonymous nomination.
According to Stockwatch.com, Quantum International Income Corp. has announced that Red Cloud Klondike Strike CEO and Desautels alumnus Chad Williams (BEngr’ 89, MBA’93) has been appointed to its Board of Directors. Mr. Williams has plenty of experience to draw on: he’s on the Board at Denver Gold Group, and has worked in senior management at Victoria Gold, Blackmont Capital and TD bank. He also founded Westwind Capital and Agilith Capital, as well as his current company, which specializes in mining-sector growth financing and investment.
Desautels alumnus John Snisarenko (BSc’86 and MBA’91) has been appointed Group VP of the Ophthalmology Business Unit for Shire US. He comes to Shire from Genentech, where he was VP Sales and Marketing. Before that, he worked on long-term strategy for Novaris Pharma Canada and started an ophthalmology division for CIBA Vision. He has also worked for Alcon Canada and Allergan Canada.
Mr. Snisarenko is filling the spot left vacant by Robert Dempsey, who has moved up to VP of Global Ophthalmics.
It’s been a rough ride for Bombardier’s 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.
Lester Fernandes (MBA’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’ experience will help the company hit its goals. And that experience is extensive: he’s 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.
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’84, MBA’91), bumped up to Group Head, Commercial Banking and Wealth Management, Canada from his previous role of running the company’s commercial banking arm. This comes as CEO Victor Dodig announces that some 40 junior executives are being moved around as well.
The Desautels Faculty of Management welcomes Nadia Marley (BA’99, MBA’03), Director of Credit Solutions, Scotiabank Global Banking and Markets, as its latest Desautels Global Expert.
Philippe Cloutier (MBA'02) is the new Senior VP and CFO at Vidéotron, reporting directly to CEO Manon Brouillette. He will oversee the financial operations, procurement, and Vidéotron’s community channel, MAtv. Previously, he had been with Mission Capital Group, VP of North American Operations for Reader’s Digest, and the President of Quad/Graphics Canada. As Mr. Cloutier takes the reins of Vidéotron’s business plan, Ms. Brouillette hails him as “a brilliant financial strategist who will undoubtedly propel the organization towards success and excellence.”
Desautels alumna Kelly Megyery (MBA’92) was one of the Health Sciences judges at the McGill 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.
Week 2 of the McGill X-1 Accelerator is done! From an opening session with serial entrepreneur Luc Giguere, the week progressed through a second look at Bill Aulet’s Disciplined Entrepreneurship; then design thinking with Juniper founder Mike Ross (MBA'11) who discussed a five-step approach, plus the value of in-depth customer interviews.
Finally, for the second Grilled by CEO session, AON3D’s Randeep Singh tested the participants and talked up the value of sky-high goals and a big hit of confidence.
Salesfloor CEO and Desautels alumnus Oscar Sachs (BA’96, MBA’99) knows his stuff when it comes to showrooming and the retail overhaul. His company specializes in helping retailers transition into a new paradigm that merges e-commerce with a personalized on-site shopping experience.
After less than a year at the job, Ericsson Senior VP and head of North American operations Rima Qureshi (BCom’87, MBA’96) has left the company. Chief Strategy Officer Niklas Hueveldop has stepped in on an interim basis, and the company has started the search for a permanent replacement. Ericsson is in the midst of a turnaround, streamlining operations and bumping up its investment in R&D.
Rima Qureshi (BCom'87, MBA'96) knows all about learning to adapt. In an interview with Desautels Professor Karl Moore, she says that as a highly analytical, self-contained decision-maker, her position as senior VP and North American head of Ericsson has taught her the importance of listening, getting others involved in decision-making early, and finding a common position to build on.
Deron Triff (MBA'98) has had an enviable career; he’s worked for PBS, TED, and Scholastic. Now, he’s founded a new media incubator with another former TED executive, June Cohen.
Wait, What? specializes in creating VR series, apps, and video for social media. The company’s latest creation is a 10-episode podcast called Masters of Scale. Each episode sees host and LinkedIn founder Reid Hoffman explore the ways that iconic founders grew their companies into major players, often from nothing.