Edition:
India

GoldMoney Inc (XAU.TO)

XAU.TO on Toronto Stock Exchange

2.46CAD
21 Oct 2020
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Summary

Name Age Since Current Position

Roy Sebag

2020 Chief Executive Officer, Founder, Director

Steve Fray

2018 Chief Financial Officer

Paul Mennega

2017 Chief Operating Officer

Alessandro Premoli

Chief Technology Officer

James Turk

2015 Lead Independent Director

Stefan Wieler

2018 Director

Andres Finkielsztain

2018 Independent Director

Mahendra Naik

61 2015 Independent Director

Biographies

Name Description

Roy Sebag

Mr. Roy Sebag serves as Chief Executive Officer, Founder, Director of the Company. Mr. Sebag previously served as founder and Managing Principal of Braavos Capital, Ltd. an international private investment organization engaged in value-oriented investments across a variety of asset classes and industries. From 2004 through to 2010 Mr. Sebag was the founder and Portfolio Manager of Essentia Equity, Ltd., an investment partnership that engaged in fundamental long and short equity investing in distressed, event-driven, and natural resource related opportunities. From 2010 through to 2018 he was the founder, Chairman and Chief Executive Officer of Blockchain Mining Ltd., an investment company engaged in developing cryptocurrency assets. As of 2017, he is the co-founder, Chief Executive Officer and a director of Mene Inc., a company listed on the TSX Venture Exchange. Mene Inc. designs, manufactures and markets pure 24 karat gold and platinum investment jewelry.

Steve Fray

Mr. Steve Fray CPA serves as Chief Financial Officer of the Company. Steve is Goldmoney’s Chief Financial Officer. Steve is an experienced fintech executive with over 20 years of experience in finance and auditing. As SVP of Finance, Steve oversees the global accounting, business support, financial planning and analysis, treasury, internal audit, and tax functions at Goldmoney. Steve joined Goldmoney in early 2017 as Director of Finance, and has worked closely with Goldmoney’s senior leadership since his arrival. Steve has over 20 years of experience building and leading finance teams in global companies with significant operating scale and complexity. Prior to joining Goldmoney, Steve was VP of Finance at Guestlogix, senior finance manager at Accounting General’s Department of Bermuda and numerous audit roles at KPMG. Steve holds several designations and professional affiliations namely a Masters of Business Administration (MBA) in Finance from the University of Manchester, Certified Professional Accountant, Certified General Accountant, (CPA, CGA), Fellow of the Association of Certified Chartered Accountants, (FCCA-UK), Certified Public Accountant (CPA-USA), Certified Internal Auditor, (CIA-USA), Certified Fraud Examiner, (CFE-USA).

Paul Mennega

Mr. Paul Mennega serves as Chief Operating Officer of the Company. Paul Mennega has spent the last two decades working in technology in a variety of roles, including co-founder, CTO, as well as web and mobile application developer, previously serving as the Senior Software Engineer at Goldmoney since 2015. Entering the tech world during the dot-com collapse and witnessing the housing bubble from a front-row seat in Silicon Valley, Paul's developed a keen interest in global macroeconomic trends, precious metals, and more recently, crypto-currencies.

Alessandro Premoli

Mr. Alessandro Premoli serves as Chief Technology Officer of the Company. Alessandro Premoli is engaged as the Chief Technology Officer for Goldmoney and is responsible for Goldmoney’s proprietary software system and the management of software engineers. The term of the employment agreement, commencing March 8, 2015, is indefinite. Pursuant to this agreement, Mr. Premoli is entitled to a salary of $198,000 to be reviewed on an annual basis, and is entitled to participate in incentive or bonus programs adopted by the Corporation at the Board’s discretion. The consulting agreement contains no provisions in respect of change of control, severance, termination, or constructive dismissal.

James Turk

Mr. James Turk serves as Lead Independent Director of the Company. James Turk has over 50 years experience in international banking, finance and investments. He began his career in 1969 at The Chase Manhattan Bank, which included assignments in Thailand, the Philippines and Hong Kong. In 1983, he was appointed as manager of the Commodity Department of the Abu Dhabi Investment Authority. After resigning in 1987, he went on to hold advisory roles in money management. In 2001, he founded GoldMoney Network Limited, an online provider of physical gold, silver, platinum and palladium bullion to buyers worldwide and the operator of a digital gold currency payment system. From 2004 to 2018, Mr. Turk served as a director and member of the Audit & Risk Committee of DRDGold Ltd., a NYSE-listed company. He has been a keynote speaker at conferences around the world and provides commentary for numerous publications and newswires as well as writing articles for his website. His latest book is The Money Bubble: What To Do Before It Pops. He holds a B.A. in international economics from George Washington University.

Stefan Wieler

Mr. Stefan Wieler serves as Director of the Company. Mr. Wieler previously worked for over 10 years at some the world's top financial institutions, including a role as an Executive Director and senior commodity strategist at Goldman Sachs, Head of Research for NY-based commodities hedge fund BBL Commodities, which made a 51.3% return in 2014 and was winner of the "New Fund of the Year" at the Absolute Return Awards, and as the head of commodity research (buy side) at Julius Baer in Zurich. Stefan studied Mandarin Chinese at the National Taiwan Normal University in Taipei and earned a Masters degree in Financial Economics at the University of Zurich, where he graduated with honors. Stefan is a CFA (Chartered Financial Analyst) charterholder and a CAIA (Chartered Alternative Investment Analyst) charterholder.

Andres Finkielsztain

Mr. Andres Finkielsztain serves as Independent Director of the Company. Andres Finkielsztain is the Founding Managing Partner of FinkWald LLC, a private investment office specializing in private equity, real estate, media, and technology. Andres is also the co-head of the Special Situations division at Banco Industrial in Argentina, where he analyzes and provides financing solutions to Argentinean-based companies and institutions. Andres previously served as a financial advisor for Soros Brothers Investments (SBI), a private investment office founded in 2011 by Alexander and Gregory Soros, and as an analyst for Emerging Markets at Soros Fund Management LLC. Andres also worked at J.P. Morgan for over 10 years in various capacities within Asset Management, including the role of Global Investment Opportunity and Emerging Markets Specialist. Andres graduated with a BA in Economics from Bard College where he served as the President of a Latin American organization.

Mahendra Naik

Mr. Mahendra Naik CPA serves as Independent Director of the Company. Mahendra Naik is a Chartered Professional Accountant with more than 38 years of financial accounting, mining and investment company experience. He practiced as a Chartered Professional Accountant for nine years with a major Canadian accounting firm. As a Chartered Professional Accountant, Mr. Naik has experience in preparing, auditing, analyzing and evaluating financial statements, understands internal controls and procedures for financial reporting and understands the accounting principles used by the Corporation to prepare its financial statements as well as the implications of said accounting principles on the Corporation’s results. Since 1990, Mr. Naik has served as CEO of FinSec Services Inc., a private business advisory company. From 1990 to 1999, Mr. Naik served as the Chief Financial Officer of IAMGOLD Corporation, a TSX and NYSE-listed gold mining company. He has served as a director since 2000, during which time he has served as a member of the audit and compensation committees. Prior to being acquired by the Corporation, since 2003, Mr. Naik served as Director and Chairman of the Audit and Remuneration committees of Goldmoney Network Limited. Mr. Naik is also the Chairman & Director of Fortune Minerals Limited, a TSX listed mining company. In addition, Mr. Naik has served as a director and member of the audit, compensation and corporate governance committees of FirstGlobalData Limited and M2Cobalt Ltd. He holds a B. Comm. degree from the University of Toronto.

Basic Compensation

Name Fiscal Year Total

Roy Sebag

662,915

Steve Fray

437,547

Paul Mennega

304,884

Alessandro Premoli

578,413

James Turk

--

Stefan Wieler

--

Andres Finkielsztain

--

Mahendra Naik

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As Of  31 Mar 2020