Bullboard - Stock Discussion Forum Cargojet Inc CGJTF

Primary Symbol: T.CJT Alternate Symbol(s): T.CJT.DB.F | T.CJT.DB.E

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Cargojet Inc. is a Canada-based provider of time sensitive air cargo services to all major cities across North America, providing dedicated, aircraft, crew, maintenance and insurance (ACMI) and international charter services. The Company's main air cargo business is comprised of operating a domestic network air cargo co-load network between sixteen major Canadian cities and providing dedicated... see more

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TSX:CJT - Post Discussion

Cargojet Inc > RBC

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Post by retiredcf on May 11, 2022 9:13am

RBC

May 10, 2022

Cargojet Inc.
CJT Announces Scott Calver as CFO

Our view: positive

Outperform

TSX: CJT; CAD 150.04

Price Target CAD 302.00

All values in CAD unless otherwise noted.
Priced as of prior trading day's market close, EST (unless otherwise noted).

First impression: CJT today announced the appointment of Scott Calver as CFO. We know Mr. Calver from his time as CFO at Trimac, when we covered Trimac as a public company. We would describe Mr. Calver as a solid executive and a good hire, and are taking a positive view on the appointment.

What happened? CJT today announced that Scott Calver, who most recently served as the Chief Financial Officer of Trimac Transportation, will join Cargojet as its new Chief Financial Officer. Mr. Calver comes to Cargojet with experience including capital markets and operational management in the transportation and logistics sector. Prior to Trimac, Mr. Calver served as Vice President, Finance for ICS Courier from 2004 to 2008.

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