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NFI Group Inc (NFI.TO)

NFI.TO on Toronto Stock Exchange

28.46CAD
11 Oct 2019
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Summary

Name Age Since Current Position

Brian Tobin

64 Independent Chairman of the Board

Paul Soubry

56 2009 President, Chief Executive Officer, Director

Glenn Asham

2017 Chief Financial Officer, Executive Vice President - Finance, Treasurer

Brian Dewsnup

President - Parts Business

Ian Smart

2016 President - Motor Coach Business

Chris Stoddart

2019 President - Transit Bus Business

Colin Pewarchuk

2007 Executive Vice President, General Counsel and Corporate Secretary

Phyllis Cochran

67 2015 Independent Director

Larry Edwards

69 2008 Independent Director

Adam Gray

53 2012 Independent Director

Krystyna Hoeg

69 2015 Independent Director

John Marinucci

62 2009 Independent Director

Paulo Nunes

66 2015 Independent Director

Stephen King

2018 IR Contact Officer

Biographies

Name Description

Brian Tobin

Hon. Brian V. Tobin serves as Independent Chairman of the Board of New Flyer Industries Inc. The Honourable Brian V. Tobin, P.C., O.C., ICD.D, was named as an Officer of the Order of Canada in 2013 for his contribution to Canadian public policy. Mr. Tobin is currently a Vice-Chair of BMO Financial Group and is the Chairperson of the board of NFI. Previously, Mr. Tobin served as the Premier of Newfoundland and Labrador from 1996 to 2000 and won two consecutive majority governments in provincial elections held in February 1996 and February 1999. Mr. Tobin also served as a Member of Parliament from 1980 to 1996, served as Minister of Fisheries and Oceans in the federal cabinet from 1993 to 1996 and served as the Federal Minister of Industry from October 2000 to January 2002. Mr. Tobin served as the Executive Chairman, President and Chief Executive Officer of Consolidated Thompson Iron Mines Limited until May 2011 when that company was purchased by Cliffs Natural Resources Inc. Mr. Tobin has also served as Chairperson of the board of Aecon Group Inc. and Chairperson of the board of Element Fleet Management. Mr. Tobin has been awarded honorary degrees by St. Francis Xavier University in Nova Scotia, Canada and by Brock University in Ontario, Canada. Mr. Tobin is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.

Paul Soubry

Mr. Paul Soubry serves as President, Chief Executive Officer, Director of New Flyer Industries Inc. He joined NFI as President and Chief Executive Officer in January 2009. Mr. Soubry holds a Bachelor of Commerce (Honours) degree from the University of Manitoba and completed the executive development program at Harvard Business School. Mr. Soubry has a strong sales, marketing, business development and operations background in businesses held by both trade and private equity owners, with substantial experience in business transformations and LEAN operational practices. Prior to joining NFI, Mr. Soubry worked for StandardAero for 24 years where he held a variety of increasingly senior positions including being named President in 2001, Chief Operating Officer in 2006, and Chief Executive Officer in 2007. Mr. Soubry currently serves on the boards of True North Sports and Entertainment Limited/Winnipeg Jets Hockey Club and the Winnipeg Airports Authority. He has also served on the board of the Mondetta Clothing Company and Economic Development Winnipeg Inc. In 2003, Mr. Soubry was named one of the recipients of “Canada’s Top 40 under 40” award, was inducted in the Canadian Manufacturers and Exporters Hall of Fame in 2014, and recognized as Canada’s 2016 CEO of the Year by the Financial Post. Mr. Soubry is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.

Glenn Asham

Mr. Glenn Asham serves as Chief Financial Officer, Executive Vice President - Finance, Treasurer of New Flyer Industries Inc. He m joined New Flyer in 1992. Mr. Asham obtained his chartered accountancy designation in 1987 and a Bachelor of Commerce from the University of Manitoba in 1984. Prior to joining the Company, he worked with Deloitte & Touche for eight years, providing client services in the areas of accounting, auditing, taxation and management consulting.

Brian Dewsnup

Mr. Brian Dewsnup serves as President - Parts Business of the company. Mr. Dewsnup is the President, Motor Coach Business and is responsible for all aspects of the design, manufacture and delivery and service support of the motor coaches built by the MCI. Mr. Smart joined New Flyer in October 2011 as the Executive Vice President, Aftermarket. Prior to joining New Flyer, Mr. Smart spent 14 years at StandardAero where he held a number of managerial and executive positions including Senior Vice President of the Airlines and Fleets Division, Vice President, Strategy and Vice President of Marketing and Business Development. In these roles, Mr. Smart gained a broad range of professional experience that included business transformations, operations management, marketing, business development and sales. Mr. Smart has a Bachelor of Science in Industrial Engineering from the University of Manitoba.

Ian Smart

Mr. Ian Smart serves as President - Motor Coach Business of New Flyer Industries Inc. He is the President, Motor Coach Business and is responsible for all aspects of the design, manufacture and delivery and service support of the motor coaches built by the MCI. Mr. Smart joined New Flyer in October 2011 as the Executive Vice President, Aftermarket. Prior to joining New Flyer, Mr. Smart spent 14 years at StandardAero where he held a number of managerial and executive positions including Senior Vice President of the Airlines and Fleets Division, Vice President, Strategy and Vice President of Marketing and Business Development. In these roles, Mr. Smart gained a broad range of professional experience that included business transformations, operations management, marketing, business development and sales. Mr. Smart has a Bachelor of Science in Industrial Engineering from the University of Manitoba.

Chris Stoddart

Mr. Chris Stoddart has been appointed President - Transit Bus Business of the Company. Mr. Stoddart is the President, Transit Bus Business and is responsible for all aspects of the sales, design, manufacture, delivery and service support of the buses built by New Flyer and ARBOC. Mr. Stoddart joined NFI Group as Vice President of Engineering Services in 2007, and most recently served as Senior Vice President of Engineering and Customer Service. Prior to New Flyer, Chris was Vice-President of Engineering at National Steel Car in the freight rail industry and spent nine years with General Motors at its Oshawa Car Plant. He holds a Bachelor of Science in Mechanical Engineering (BSME) specializing in Automotive Engineering Design from Kettering University, and has completed the Advanced Management Program at Harvard Business School. Chris is a board member for CALSTART, a nonprofit organization dedicated to the growth of clean transportation technologies, and is an accredited Professional Engineer.

Colin Pewarchuk

Mr. Colin Pewarchuk serves as Executive Vice President, General Counsel and Corporate Secretary of New Flyer Industries Inc. Mr. Pewarchuk joined New Flyer in 2006 and is the Executive Vice President, General Counsel and Corporate Secretary. Mr. Pewarchuk obtained a Bachelor of Commerce (Honours) from the University of Manitoba in 1990 after which he worked for a leading Canadian financial institution as a personal banker. Mr. Pewarchuk obtained a law degree from the University of Manitoba in 1996 and prior to joining New Flyer, was a lawyer at the law firm of Aikins, MacAulay & Thorvaldson LLP since 1997. Mr. Pewarchuk is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.

Phyllis Cochran

Ms. Phyllis Cochran, CPA, serves as Independent Director of the Company. She is a corporate director and has served on the board of Spartan Light Metal Products, which is a private company, since 2014. Ms. Cochran also served on the board of The Mosaic Company from 2006 to 2013. She retired in 2012 after 33 years with Navistar International Corporation, a global manufacturer of commercial trucks and engines, where she served as President, Parts Group and President and Chief Executive Officer of Navistar Financial Corporation, among other leadership roles. She has strong strategic, operational and financial experience. Ms. Cochran also served on several not-for-profit and charitable boards and is a member of the Institute of Corporate Directors, National Association of Corporate Directors and the American Institute of Certified Public Accountants. Ms. Cochran holds a Bachelors of Science degree from Iowa State University.

Larry Edwards

Mr. Larry Dean Edwards serves as Independent Director of New Flyer Industries Inc. Mr. Edwards is a corporate director and also serves as a director and Chairman of the board of Victory Energy Organization, LLC, an Oklahoma (USA) based designer and manufacturer of fired packaged boilers, waste heat boilers and heat recovery steam generators and related equipment. Mr. Edwards also serves on the board of directors of Black Mesa Production, LLC. Mr. Edwards served on the board of Patriot Bank from 2013 to 2017, Red Fork Energy Limited (a company that was listed on the Australian Securities Exchange) from 2013 to 2015, NCI Building Systems, Inc. from 2007 to 2009 and Global Power Equipment Group Inc. (“GPEG”) and its predecessor Global Energy Equipment Group, Inc. from 1998 until January 2008. Mr. Edwards served as the President and Chief Executive Officer of GPEG from May 2001 until his retirement in December 2006. Mr. Edwards also served as the CEO of GPEG’s predecessor company from June 1998 until GPEG’s initial public offering in May 2001. From February 1994 until June 1998, Mr. Edwards served as the President of Jason Incorporated’s power generation division. From 1976 until 1994, Mr. Edwards held various positions with Braden Manufacturing, including Vice President of Operations, General Manager and President. Prior to the IPO, Mr. Edwards served on the board of Transit Holdings, Inc. since August 2004. Mr. Edwards earned a B.S. in Industrial Engineering and Management from Oklahoma State University and an M.B.A. with honors from Oklahoma City University. Mr. Edwards is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.

Adam Gray

Mr. Adam L. Gray serves as Independent Director of New Flyer Industries Inc. He is a managing partner of Coliseum Capital Management, a private firm that makes long-term investments in both public and private companies. He also serves as nonexecutive Chairman of both Redflex Holdings Limited and The Pas Group Limited (both of which are listed on the Australian Securities Exchange) and serves on the board of Purple Innovation, Inc. Mr. Gray previously served on the board of directors of Blue Bird Corporation; DEI Holdings, Inc.; and Benihana Inc. Previously, Mr. Gray served as Executive Vice President, Strategic Projects and Capital Management at Burger King Corp., held several executive positions with the Metromedia Restaurant Group, and worked at Kluge & Co. and Morgan Stanley. Mr. Gray holds both a BSE in Finance from the Wharton School of Business and a BS in Mechanical Engineering from the School of Engineering & Applied Science at the University of Pennsylvania.

Krystyna Hoeg

Ms. Krystyna Hoeg serves as Independent Director of the Company. She is a corporate director and was the former President and Chief Executive Officer of Corby Distilleries Limited, a marketer and seller of spirits and wine. She occupied this position from October 1996 to February 2007. She joined the Allied Domecq group of companies in 1985 and held a number of senior financial positions with Hiram Walker & Sons Ltd., Hiram Walker – G&W Ltd., Allied Domecq Spirits and Wine and Hiram Walker and Sons Limited, lastly as Senior Vice-President of Finance – the Americas. Ms. Hoeg is currently a director of Imperial Oil Limited and also serves on the boards of Revera Inc., Samuel, Son & Co. Limited, and Arterra Wines Canada, all three of which are private companies. She is a past director of Sun Life Financial Inc., Canadian Pacific Railway Limited, Shoppers Drug Mart Corporation and Cineplex Galaxy Income Fund and was a director of Ganong Bros. Limited, a private company. Ms. Hoeg is a past chairperson of the board of directors of Michael Garron Hospital. She was a director of the Woodrow Wilson Center, Canadian Institute (Advisory Council), Green Shield Canada and St. Michael’s Hospital Foundation, as well as the Business Advisory Council of United Nations Office for Project Services. Ms. Hoeg is a Chartered Professional Accountant (1982) and holds a Bachelor of Science from McMaster University, and a Bachelor of Commerce and a Masters of Science from the University of Windsor.

John Marinucci

Mr. John Marinucci serves as Independent Director of New Flyer Industries Inc. He joined NFI as President and Chief Executive Officer in 2002 and retired as an executive officer of the Company at the beginning of 2009. Mr. Marinucci also serves as a director of Intelgenx Corporation and is the Chairperson of the Canadian Welding Foundation. He is a past governor and chairperson of Mohawk College in Hamilton, Ontario and was the chairperson of the CWB Group of Companies. Mr. Marinucci previously served as a director of SMTC Corporation and Advance Engineered Products Ltd. Mr. Marinucci is a Chartered Professional Accountant and holds an Honours Bachelor of Commerce degree from McMaster University. Mr. Marinucci has a strong manufacturing background with a proven track record in operational restructurings and management of highly leveraged business concerns. From 1994 to 2002, Mr. Marinucci served as President and Chief Operating Officer for a major Canadian manufacturer and lessor of freight railcars and is a former President of the Canadian Association of Railway Suppliers. He has also held executive and senior management roles within leading Canadian and United States based organizations. Mr. Marinucci is also a member of several private company boards and is the founder and Chairman of the Marinucci Family Foundation, a registered charity focused on funding education, live arts and proactive healthcare initiatives. Mr. Marinucci is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.

Paulo Nunes

Mr. Paulo Cezar da Silva Nunes serves as Independent Director of the Company. Mr. Nunes is a corporate director and an independent automotive business consultant, providing services focused on strategy and governance in the automotive industry. Mr. Da Silva Nunes is also the Vice-Chairperson of the board of directors of Marcopolo S.A., one of the world’s largest bus manufactures, and is a director of Cesbe S.A. Engenharia e Empreendimentos, a Brazilian construction company mainly focused on energy generation segments and industrial building construction. He served on the board of Sindipeças, the Brazilian association of auto parts manufacturers from 2002 to 2013. Mr. Da Silva Nunes held various senior positions with Dana Holding Corporation from 1994 to 2012, including as Vice-President, Business Development, as well as various positions with Racine Hidraulica S.A. from 1974 to 1993 and Massey Ferguson S.A. from 1971 to 1974. Mr. Da Silva Nunes holds degrees in business administration and general accounting.

Stephen King

Basic Compensation

Name Fiscal Year Total

Brian Tobin

409,260

Paul Soubry

3,047,570

Glenn Asham

998,612

Brian Dewsnup

1,239,500

Ian Smart

1,024,040

Chris Stoddart

--

Colin Pewarchuk

--

Phyllis Cochran

266,019

Larry Edwards

245,556

Adam Gray

245,556

Krystyna Hoeg

245,556

John Marinucci

245,556

Paulo Nunes

245,556

Stephen King

--
As Of  30 Dec 2018