TORONTO, Feb. 9, 2017 /CNW/ - 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.
SOURCE Canaccord Genuity Group Inc.
To view this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/February2017/09/c5321.html