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Crombie Real Estate Investment Trust (CRR_u.TO)

CRR_u.TO on Toronto Stock Exchange

16.03CAD
18 Oct 2019
Change (% chg)

$-0.04 (-0.25%)
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Summary

Name Age Since Current Position

J. Michael Knowlton

67 2019 Chairman of the Board

Donald Clow

57 2009 President, Chief Executive Officer, Trustee

Clinton Keay

2019 Chief Financial Officer, Secretary

Glenn Hynes

56 2019 Chief Operating Officer, Executive Vice President, IR Contact Officer

John Barnoski

46 2016 Senior Vice President - Corporate Development

Trevor Lee

51 2018 Senior Vice President - Development and Construction

Cheryl Fraser

2016 Chief Talent Officer and Vice President - Communications

Fred Santini

2016 General Counsel

John Eby

67 2011 Lead Independent Trustee

Jana Sobey

43 2019 Independent Trustee

Paul Beesley

61 2019 Trustee

James Dickson

61 2017 Independent Trustee

Barbara Palk

67 2014 Independent Trustee

Jason Shannon

47 2016 Independent Trustee

Paul Sobey

61 2006 Trustee

Elisabeth Stroback

66 2006 Independent Trustee

Biographies

Name Description

J. Michael Knowlton

Mr. J. Michael Knowlton is Chairman of the Board of the company. Mr. Knowlton has served as a corporate director since 2011. He retired from Dundee Realty Corporation as President of Dundee REIT in May 2011 after 13 years of service. From December 1998 until May 2011 he held increasingly senior executive positions culminating in becoming President of Dundee REIT. Mr. Knowlton is a director of Tricon Capital Group Inc. and a trustee of Dream Industrial REIT and Dream Global REIT. Mr. Knowlton received his B.Sc. (Engineering) and MBA from Queen’s University, earned his CA designation in 1977 and his ICD.D designation in 2011.

Donald Clow

Mr. Donald E. Clow is an President, Chief Executive Officer, Trustee of the Company. Prior to joining Crombie, Mr. Clow was appointed President and Chief Executive Officer of Crombie in 2009. Prior to joining Crombie, Mr. Clow held the position of President, ECL Developments Limited, the real estate development subsidiary of Empire Company Limited for two years. Previous to Empire, he was President of Southwest Properties, a residential and commercial real estate development company in Halifax. Mr. Clow is a member of the Board of Trustees of Granite Real Estate Investment Trust, a member of the Board of Governors of Acadia University and is on the Board of Directors of the QE2 Foundation. Mr. Clow graduated from Acadia University with a BBA, earned his CA designation with KPMG and was designated a Fellow Chartered Accountant in 2002. Mr. Clow is a graduate of the YPO President’s Program at Harvard Business School and the Director’s Education Program at the Rotman School of Business receiving the ICD.D designation in 2014.

Clinton Keay

Mr. Clinton D. Keay has been appointed as Chief Financial Officer, Secretary of the company, Effective May 15, 2019. Mr. Keay is currently Executive Vice President IT and Transformation for Sobeys Inc., where he oversees company efforts to restructure the way it does business. Mr. Keay is a Chartered Professional Accountant (CPA) who joined Sobeys in 1989 and held a number of progressively senior finance roles before being appointed Senior Vice President & Chief Information Officer in 2002, Executive Vice President Finance for Empire Company Limited in 2014, and Interim Chief Financial Officer at Sobeys Inc. (July 2016-April 2017), before assuming his current role. Mr. Keay is a Business Administration graduate of St. Francis Xavier University with an Honours in Accounting.

Glenn Hynes

Mr. Glenn R. Hynes is Re-designated as Chief Operating Officer, Executive Vice President, IR Contact Officer of the company, Mr. Hynes was promoted to Executive Vice President and Chief Operating Officer on November 15, 2018, while continuing to serve as Chief Financial Officer and Secretary. Mr. Hynes joined Crombie as Chief Financial Officer and Secretary in 2010 and was named Executive Vice President, Chief Financial Officer and Secretary effective March 1, 2014. Prior to joining Crombie, Mr. Hynes held the position of Chief Financial Officer and Partner of Bluewave Energy LP; a national fuel distribution business. From 1996 to 2006, he held several executive positions with Sobeys Inc. including Executive Vice President and Chief Financial Officer (2001 - 2005) and Executive Vice President and Chief Development Officer (2005 - 2006). Mr. Hynes also acted as Chief Financial Officer of Crombie from February 2006 to June 2006, which included the time of Crombie’s initial public offering. Mr. Hynes is a graduate of the University of Prince Edward Island with a Bachelor of Business Administration and earned his CA designation. He is former Chair of the Atlantic Provinces Economic Council (APEC). He was designated a Fellow Chartered Accountant in 2011, received the ICD.D designation in 2014 and is a 2017 graduate of the Advanced Management Program at Harvard Business School. He received the UPEI Distinguished Alumnus Award in 2002 and Canada’s Top 40 Under 40 Award in 2000.

John Barnoski

Mr. John Barnoski is an Senior Vice President - Corporate Development of the Company. Mr. Barnoski was appointed Senior Vice President, Corporate Development on September 15, 2016, having joined Crombie REIT in July 2015 as Vice President, Corporate Development. Mr. Barnoski leads the company’s national corporate development program, responsible for major development acquisitions and dispositions, and strategic asset management, with an increased focus on joint ventures. Mr. Barnoski has an extensive career in the real estate industry. An 18 year veteran of Shoppers Drug Mart, Mr. Barnoski held the position of National Vice President of Real Estate at Shoppers from 2012 until joining Crombie. Mr. Barnoski held numerous progressively expanding roles within the real estate function of the F.W. Woolworth Company prior to joining Shoppers. John is a graduate of Schulich's Executive Development Program and holds a Diploma in Assessment, Appraisal & Real Estate Management, a P1 License from the Law Society of Upper Canada and an A.I.M.A. designation from the Institute of Assessors.

Trevor Lee

Mr. Trevor Lee is an Senior Vice President - Development and Construction of the Company. Mr. Lee was appointed to Senior Vice President, Development and Construction on November 15, 2018. Mr. Lee joined Crombie REIT in March 2014 as Vice President of Western Canada and was promoted to Senior Vice President of Western Canada on September 15, 2016. Prior to joining Crombie, Mr. Lee held numerous senior real estate positions in management, operations, and development including: Director of Real Estate for Canada Safeway (from 2010 - 2014), Director of Property Management at CREIT, Vice President of Operations at Opus Building Canada, and Vice President of Shopping Centres at Martello Property Services. Mr. Lee earned a Masters of Business Administration from the University of British Columbia in 1992 and a Diploma in Urban Land Economics in 1998

Cheryl Fraser

Ms. Cheryl Fraser is an Chief Talent Officer and Vice President - Communications of the Company. Ms. Ms. Fraser joined Crombie in September 2012 as Chief Talent Officer. Prior to joining Crombie, Ms. Fraser was Assistant Commissioner, Human Resources and the Chief Human Resources Officer for the Canada Revenue Agency. Prior to CRA, Ms. Fraser held a number of Executive positions within the Public Service of Canada including the Correctional Service of Canada, Treasury Board of Canada, and Fisheries and Oceans Canada. Ms. Fraser holds a Masters of Environmental Studies (Resources Economics) and a Bachelor of Science (Mathematics). As well, Ms. Fraser has an ICD.D designation and is bilingual. She was a recipient of the Queen’s Diamond Jubilee Medal in 2012. Ms. Fraser serves as a Director on the Board of the Mental Health Commission of Canada and the Board of the YMCA of Pictou County Nova Scotia.

Fred Santini

Mr. Fred Santini is General Counsel of the Company. Prior to his most recent appointment, Mr. Mr. Santini was appointed General Counsel of Crombie on September 15, 2016. Prior to his most recent appointment, Mr. Santini held the position of Regional Vice President Central Canada (2014-2016), National Director of Legal Services (2012-2014) and National Director, Lease Administration (2010-2012). Upon completion of an Honours B.A. in Economics and Political Science at the University of Toronto, Mr. Santini received his LL.B. from the University of Windsor, Faculty of Law in 1986. He articled at Blake Cassels and Graydon and then subsequently joined the firm as an associate after his call to the Ontario Bar in 1988 practicing in the areas of commercial litigation and commercial real estate. Mr. Santini continued his legal career as Legal Counsel for such leading organizations as Sears Canada, The Bank of Nova Scotia and, as Senior Legal Counsel for Ivanhoe Cambridge. Over that last 20 years, Mr. Santini has also had an extensive role in the education and treatment of children with autism as one of the co-founders and past and current Board Member and President of Shining Through Centre for Children with Autism.

John Eby

Mr. John C. Eby is an Lead Independent Trustee of Crombie Real Estate Investment Trust. Mr. Eby has served as a corporate director since 2005. He was Vice-Chairman of Scotia Capital from 2000 until his retirement in 2006 and for 10 years prior thereto had been Senior Vice President, Corporate and Energy Banking, The Bank of Nova Scotia. He is also a director of Wajax Corporation. Mr. Eby received his BA and MBA in finance from Queen's University. Mr. Eby is the founder and CEO of Developing Scholars, a not-for-profit organization that promotes educational initiatives in Guatemala.

Jana Sobey

Ms. Jana Sobey serves as Independent Trustee of the Company. Ms. Sobey is currently the Vice President of Field Merchandising for Sobeys Inc., a position she has held since 2017. A fourth generation Sobey family member in the business, Jana began her career with Sobeys at age 14 as a cashier. She has held consecutively senior roles within the company in the areas of merchandising, marketing, human resources and most recently as a VP Operations in Western Canada from 2016 to 2017 and Director, Employee & Customer Engagement from 2013 to 2016. Jana holds a Bachelor of Commerce degree and a Masters of Arts in Consulting & Entrepreneurship and is the past Chair of the Grocery Industry Foundation of Atlantic Canada and past Trustee of the Aberdeen Health Foundation Board in Stellarton, Nova Scotia.

Paul Beesley

Mr. Paul V. Beesley Trustee of Crombie Real Estate Investment Trust. Mr. Beesley served as a corporate director since 2018. He was Chief Financial Officer of Hudson's Bay Company from 2014 until his retirement in 2017. Prior to joining HBC, he held the position of Executive Vice President and Chief Financial Officer at Empire Company Limited from 2000 until 2014. Paul sits on the Board of Orlando Corporation and holds various designations including ICD.D, CPA, a MBA from Saint Mary’s University and a B.Sc. from Dalhousie University in addition to having completed the Advanced Management Program at Harvard Business School.

James Dickson

Mr. James M. (Jim) Dickson is Independent Trustee of the Company. Mr. Dickson is the Chair of Empire Company Limited. He is counsel to the law firm of Stewart McKelvey, with over 30 years of experience practicing primarily in the areas of mergers and acquisitions, corporate finance and securities. Mr. Dickson serves as a director of Clearwater Seafoods Incorporated, Empire Company Limited and Sobeys Inc. He is the past Chair of the Board of Regents of Mount Allison University and past Chair of the IWK Health Centre Foundation. Mr. Dickson holds a Certificate in Engineering from Mount Allison University, a Bachelor of Civil Engineering from the Technical University of Nova Scotia and a Bachelor of Laws from the University of Calgary. He is a professional engineer and was appointed Queen’s Counsel in 2010.

Barbara Palk

Ms. Barbara Palk is an Independent Trustee of the Company. Ms. Palk retired as President of TD Asset Management Inc. in 2010, following a 30-year career in institutional and investment management. She currently serves on the Boards of TD Asset Management USA Funds Inc., Ontario Teachers’ Pension Plan, and First National Financial Corporation. Ms. Palk is a member of the Institute of Corporate Directors, a Fellow of the Canadian Securities Institute and is a CFA® charterholder. Ms. Palk also holds a Bachelor of Arts (Honours, Economics) degree from Queen’s University and has received the ICD.D designation.

Jason Shannon

Mr. Jason P. Shannon is Independent Trustee of the Company. Mr. Shannon has been working with Shannex Incorporated since 1999. In 2001, he was appointed Chief Operating Officer and took over development and operating responsibilities for the organization. In 2006, he was appointed President and COO of Shannex which today serves over 4,000 seniors. Prior to joining Shannex, he practiced law with Stewart McKelvey. Mr. Shannon also serves as a director of the Loran Scholars Foundation and is chair of their investment committee. He is a past director of the Health Association of Nova Scotia, Chair of the Nova Scotia Continuing Care Council, Atlantic Institute of Market Studies and the Atlantic Institute of Aging. Mr. Shannon holds both a Bachelor of Commerce and a Bachelor of Laws from Dalhousie University.

Paul Sobey

Mr. Paul D. Sobey is a Trustee of Crombie Real Estate Investment Trust. Mr. Sobey retired as President and Chief Executive Officer of Empire Company Limited in 2013 after 32 years with the company. He received his Bachelor of Commerce from Dalhousie University, attended Harvard Business School's Advanced Management Program and is a Chartered Accountant. Mr. Sobey became a Fellow Chartered Accountant of Nova Scotia in 2006. Mr. Sobey sits on the boards of Empire Company Limited and Sobeys Inc. He previously served as the Audit Committee Chair and a member of the board of directors for the Bank of Nova Scotia and as Chancellor of Saint Mary’s University in Halifax, Nova Scotia.

Elisabeth Stroback

Ms. Elisabeth Stroback is Independent Trustee of Crombie Real Estate Investment Trust. Ms. Stroback is the former Executive Lead, Capital Projects and Real Estate for Ryerson University, Toronto, leading the design and construction of new buildings and acquisition of future development sites. Since leaving Ryerson in June 2016, she has resumed consulting through her company, Tanalex Corp., providing advice to private companies and public institutions on real estate matters, property development and public private partnerships. Prior to 1999, Ms. Stroback was President of Hammerson Canada Inc., a commercial property development company. She is a member of the Turning Point Youth Services, Property Committee and completed her term on the Renascent Foundation Board in March 2017. Ms. Stroback received her Bachelor of Arts from the University of Western Ontario and Master's Degree in Economics from Queen's University, Kingston, Ontario and is Human Resources Compensation Committee Certified (HRCC) from the Director's College.

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