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Element Fleet Management Corp (EFN.TO)

EFN.TO on Toronto Stock Exchange

10.25CAD
23 Aug 2019
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Summary

Name Age Since Current Position

David Denison

66 2019 Independent Chairman of the Board

Jay Forbes

58 2018 Chief Executive Officer, Executive Director

Vito Culmone

54 2019 Chief Financial Officer, Executive Vice President

James Halliday

2019 Executive Vice President and Chief Operating Officer of Element Fleet

Jacqui McGillivray

2019 Chief Human Resource Officer, Executive Vice President

Vineet Gupta

2019 Executive Vice President, Chief Technology Officer

David Colman

2019 Executive Vice President, General Counsel, Secretary

Karen Martin

2016 Executive Vice President, Treasurer

Scott Davidson

2019 Executive Vice President, Corporate Development of Element Fleet

Chris Gittens

2019 Executive Vice President, Mid-market of Element Fleet

David Madrigal

2019 Executive Vice President, Mexico of Element Flee

Jon Parker

2019 Executive Vice President, Enterprise of Element Fleet

John Wall

Chief Technology Officer

Andrew Clarke

48 2018 Independent Director

Paul Damp

63 2016 Independent Director

G. Keith Graham

57 2018 Independent Director

Alexander Greene

60 2018 Independent Director

Joan Lamm-Tennant

66 2014 Independent Director

Rubin McDougal

62 2018 Independent Director

Andrea Rosen

64 Independent Director

Michael Barrett

2018 VP, Investor Relations

Biographies

Name Description

David Denison

Mr. David F. Denison is Independent Chairman of the Board of the Company, Effective January 1, 2019. Mr. Denison serves as Chair of Element’s Board since January 1, 2019 and as a member of the C&CG Committee since December 14, 2018. Mr. Denison is a director of the Royal Bank of Canada and BCE Inc. and a past Chair of The Canadian Coalition for Good Governance. He is also a member of the Investment Board and the International Advisory Committee of the Government of Singapore Investment Corporation, and the International Advisory Council of the China Investment Corporation. Mr. Denison was also Chair of the Board of Hydro One Limited, and served as President and Chief Executive Officer of the Canada Pension Plan Investment Board from 2005 to 2012. Prior to that, he was President of Fidelity Investments Canada Limited. Mr. Denison earned Bachelor’s degrees in mathematics and education from the University of Toronto. He is a Chartered Professional Accountant and a Fellow of Chartered Professional Accountants of Ontario. He is an Officer of the Order of Canada.

Jay Forbes

Mr. Jay A. Forbes has been appointed Chief Executive Officer, Executive Director of the Company. Prior to joining Element, Mr. Forbes was President and Chief Executive Officer of Manitoba Telecom Services Inc. (“MTS”), a regional telecom services provider, from 2015 to 2017. Mr. Forbes was President and Chief Executive Officer of Teranet Inc., a world-leading developer, operator and owner of electronic land registration systems, from 2009 to 2013. Mr. Forbes’ other leadership roles have included President at Ingram Micro Inc. and President and Chief Executive Officer at Aliant Inc. He is a director at Economical Insurance and previously was a director at MTS, Stratos Global Corporation and Aliant Inc. Mr. Forbes is a Top 40 Under 40 as well as a Top 50 CEO Award recipient. He holds a Bachelor of Commerce degree from Dalhousie University, is a Fellow of the Chartered Professional Accountants of Nova Scotia (FPCA, FCA), and has completed the Institute of Corporate Directors program.

Vito Culmone

Mr. Vito Culmone has been appointed Chief Financial Officer, Executive Vice President of the Company. Executive Vice President and Chief Financial Officer of Element Fleet; previously Chief Financial Officer of Shaw Communications from 2015 to 2018, Chief Financial Officer of WestJet Airlines from 2007 to 2015.

James Halliday

Mr. James Halliday is an Executive Vice President and Chief Operating Officer of Element Fleet of the Company. previously President and Chief Executive Officer of International Fleet at Element Fleet; prior to the Separation Transaction, President and CEO of the Corporation’s International and Fleet Management Business since July 2014; formerly President and CEO of PHH Arval from December 2013 to July 2014 and President of PHH Canada from 2006 to December 2013.

Jacqui McGillivray

Ms. Jacqui McGillivray is Chief Human Resource Officer, Executive Vice President of the Company. Executive Vice President and Chief Human Resources Officer of Element Fleet; previously Executive Vice President, Safety & Organization Effectiveness at Cenovus Energy from 2012 to 2017; Head of Global HR at Talisman Energy from 2010 to 2012 and Vice President, HR, Brand & Marketing, Global Wealth Management from 2006-2010.

Vineet Gupta

Mr. Vineet Gupta is Executive Vice President, Chief Technology Officer of the Company. Executive Vice President and Chief Technology Officer of Element Fleet; previously Chief Information Officer, Luxury Brand and Group Deputy Chief Information Officer at AccorHotels from 2016 to 2018 and Executive Vice President and Chief Information Officer at Fairmont Raffles Hotel International from 2012 to 2016.

David Colman

Mr. David Colman is a Executive Vice President, General Counsel, Secretary of the Company. previously an Associate in the Securities Group at Blake, Cassels & Graydon LLP, a Canadian law firm, from 2012 to 2017.

Karen Martin

Ms. Karen L. Martin is a Executive Vice President, Treasurer of the Company. Prior to the Separation Transaction, served as Senior Vice President, Project Finance of the Corporation from 2015 to the time of the Separation Transaction and Treasurer of the Corporation from 2012 to 2015; previously served as Chief Operating Officer at Northbrook Capital Corp. and as President and Chief Financial Officer at Xceed Mortgage Corporation.

Scott Davidson

Mr. Scott Davidson is Executive Vice President, Corporate Development of Element Fleet of the Company. previously a Principal at Trading Bay and Executive Vice President at Canaccord Genuity Corp.

Chris Gittens

Mr. Chris Gittens of Executive Vice President, Mid-market of Element Fleet of the Company. previously President of Canada for Element Fleet from 2017 to 2018 and Chief Commercial Officer of Canada for Element Fleet from 2013 to 2017. Prior to entering the fleet industry, he held successful leadership roles in equipment financing and commercial lending at GE Capital and TD Commercial.

David Madrigal

Mr. David Madrigal is Executive Vice President, Mexico of Element Flee of the Company. Mr. Madrigal has been in fleet management and commercial finance for nearly 20 years and has led Element Fleet’s Mexican business since 2015. His experience spans sales, risk, marketing, operations, project management and business development.

Jon Parker

Mr. Jon Parker is Executive Vice President, Enterprise of Element Fleet of the Company. previously Chief Commercial Officer for Element Fleet Management North America from 2010 to 2018; Managing Director at GE Capital from 2005 to 2010.

John Wall

Mr. John Wall was Chief Technology Officer of the Company. He leads the technology and IT organization, charged with creating transformative opportunities for the fleet industry. Prior to joining Element in 2015, he served as Senior Vice President and Chief Technology Officer for Symcor, one of Canada's leading financial processing services providers. While there he transformed the organization from legacy platforms to modern, secure, country scale cloud-based solutions, providing customers with reliable and scalable solutions for both analytics and transactional services. Before that, he held positions of increasing responsibility in the healthcare and financial services industries, earning seven patents along the way. Wall received his Bachelors degree in electrical engineering from Purdue University.

Andrew Clarke

Mr. Andrew C. Clarke is Independent Director of the Company. He was appointed as director in June 2018. Mr. Clarke has over 20 years of experience in the transportation industry. Mr. Clarke has recently stepped down as the Chief Financial Officer of C.H. Robinson, Inc. of Minneapolis, Minnesota, a NASDAQlisted corporation and one of the world’s largest third-party logistics providers, a position he has held since 2015. From 2007 to 2013, Mr. Clarke was the Chief Executive Officer of Panther Expedited Services, Inc. of Seville, Ohio, a premium logistics provider that focuses on the automotive, life sciences, governmental and manufacturing segments. From 2001 to 2006, Mr. Clarke served in various executive roles, including as Senior Vice President and Chief Financial Officer, at Forward Air Corporation, a NASDAQ-listed, diversified transportation services corporation. Mr. Clarke has been a director of several public companies, including Forward Air Corporation, Blount International Inc., where he served as Chairperson of the Audit Committee and a member of the Corporate Governance and Compensation Committee, and Pacer International, Inc., where he served as Chair of the Audit Committee and member of the Compensation and Nominating & Corporate Governance Committees. Mr. Clarke holds a Bachelor of Science in Business Administration from Washington University and a Master of Business Administration from the University of Chicago Booth School of Business.

Paul Damp

Mr. Paul D. Damp is an Independent Director of the Company. Mr. Damp serves as a director of Element and is Chair of the Audit Committee. Mr. Damp is the President of Finn River Management Corp., a private investment firm. He was previously non-executive Chair and director of DH Corporation from 2001 to 2017 and Chair, director and Chief Executive Officer of Accugraph Corporation from 1996 to 1998. Prior to 1994, he was President and Chief Operating Officer of SHL Systemhouse Inc., and prior to 1990, a partner at KPMG LLP. Mr. Damp graduated from the University of Toronto with a Bachelor of Commerce degree and is a Chartered Professional Accountant.

G. Keith Graham

Mr. G. Keith Graham is Independent Director of the Company. Mr. Graham serves as a director of Element and is a member of the C&CG Committee. He was appointed as director in May 2018. He has extensive business, investment and asset management expertise and brings a valuable institutional investor’s perspective to the Board. Mr. Graham is the Founder and President of Rondeau Capital Inc., a private investment and advisory company, where he actively managed investments from 2009 to 2017. He has over 25 years of experience as a Portfolio Manager and Senior Executive with firms such as AGF Funds Inc., a diversified global asset management firm, Trimark Investments, a privately-owned investment management firm, and Ontario Teachers’ Pension Plan, one of the world’s largest single-profession pension plans and private equity investors. Mr. Graham holds the Chartered Financial Analyst designation and earned a Master of Business Administration from the Ivey School of Business at the University of Western Ontario.

Alexander Greene

Mr. Alexander Greene is Independent Director of the Company. He was appointed in June 2018. Mr. Greene has over 35 years of corporate finance and private equity experience. Mr. Greene has been a director of Ambac Financial Group, Inc., a publicly traded company whose subsidiaries provide financial guarantees, since April 2015, and a director of USA Truck Inc., a publicly traded truckload carrier, since May 2014 and was recently appointed to the board of directors of Natural Resource Partners LP, a publicly traded diversified natural resources company. Mr. Greene also served as Chairman of the Board of Directors of Modular Space Corporation, a supplier of modular buildings and storage containers, prior to its sale in 2018. From 2005 to 2014, Mr. Greene served as a Managing Partner and Head of US Private Equity at Brookfield Asset Management Inc. (“Brookfield”), a global alternative asset manager. Prior to joining Brookfield, Mr. Greene was a Managing Director and Co-Head of Carlyle Strategic Partners, a private equity fund of The Carlyle Group, and a Managing Director at Wasserstein Perella where he served as an investment banker to large and mid-cap businesses, focusing on leveraged finance and recapitalization transactions. Mr. Greene is President of the Armonk Independent Fire Company and holds a Bachelor’s degree in Finance from The George Washington University.

Joan Lamm-Tennant

Ms. Joan M. Lamm-Tennant., Ph.D., is an Independent Director of the Company. Ms. Lamm-Tennant serves as a director of Element and is a member of the C&CG Committee. She has served as a director of Element since May 2014. Ms. Lamm-Tennant is the Chief Executive Officer and Founder of Blue Marble Micro Limited, a for-profit social enterprise, capitalized by eight international insurance entities in January 2016 and focused on expanding risk protection to the underserved. Previously, Ms. Lamm-Tennant was the Global Chief Economist and Risk Strategist of Guy Carpenter Company LLC, a reinsurance and risk management operating company of Marsh & McLennan and President of GenRe Capital Consultants, where she led the global advisory arm of General Reinsurance. Ms. Lamm-Tennant was an advisor to C-Suite Executives and Board Members of global (re)insurance with emphasis on enterprise risk modeling, implementation of risk-based decision processes and high value strategies resulting in capital efficiencies and profitable growth. Before joining industry, Ms. Lamm-Tennant had an academic career of over fifteen years. Ms. Lamm-Tennant was a tenured Professor of Finance at Villanova University where she held the Thomas Labrecque Chair in Business. Upon joining industry, Ms. Lamm-Tennant was an Adjunct Professor at the Wharton School at the University of Pennsylvania where she held the Laurence and Susan Hirsch Chair in International Business. Ms. Lamm-Tennant holds a PhD in Finance and Investments from the University of Texas, Austin, an MBA in Finance from St. Mary’s University, San Antonio, Texas and a BBA with Honors in Accounting from St. Mary’s University, San Antonio, Texas.

Rubin McDougal

Mr. Rubin Jay McDougal is a Independent Director of the Company. Rubin McDougal provides advisory support to a broad range of privately held enterprises and has served in global finance leadership roles in Asia, Europe and the United States. From 2014 to 2017, Mr. McDougal was a director of Novitex Enterprise Solutions, a managed services provider in the document outsourcing industry, where he also acted as Chair of the Audit Committee. From 2009 to 2016, Mr. McDougal acted as the Chief Financial Officer of CEVA Logistics, a global supply chain services provider based in Amsterdam. Prior to this, Mr. McDougal acted as Chief Financial Officer of CNH Global NV, a manufacturer and financial services provider in the agricultural and construction equipment industries, from 2006 to 2009. Mr. McDougal has extensive public-company compliance and financial reporting experience, having successfully guided both well-capitalized and highly-leveraged financial organizations. Mr. McDougal holds a Master of Business Administration from Western Michigan University.

Andrea Rosen

Ms. Andrea Rosen is Independent Director of the Company. Andrea Rosen has been a corporate director since 2006 and currently serves on the Board of Directors of Ceridian HCM Holdings Inc., Manulife Financial Corporation and Emera Inc. She also served on the Board of Directors of Alberta investment Management Corporation from 2008 to 2017 and Hiscox Ltd. from 2006 to 2015. Prior to January 2005, her experience includes more than a decade with TD Bank Financial Group, where she ultimately served as Vice Chair, TD Bank Financial Group and President of TD Canada Trust. Earlier in her career, she held progressively senior positions at Wood Gundy Inc. and was Vice President at Varity Corporation. She serves on the board of the Institute of Corporate Directors (not-for-profit). Ms. Rosen has an LLB from Osgoode Hall Law School, an MBA from the Schulich School of Business at York University and a Bachelor of Arts from Yale University.

Michael Barrett