Business
CML Healthcare Appoints New Chief Financial Officer
CML Healthcare Appoints New Chief Financial Officer.
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[{"type":"text","content":"\n\n\n\n\nToronto Stock Exchange Symbol: CLC.UN\n\nMISSISSAUGA, ON, Dec. 12 /CNW/ - CML Healthcare Inc. and CML Healthcare\nIncome Fund (the \"Fund\"), (TSX: CLC.UN), today announced the appointment of\nTom Weber, B.Comm, CA, as Chief Financial Officer effective January 3, 2006.\nMr. Weber will be responsible for all finance and administration functions and\nwill oversee the Fund's disclosure practices.\n\"Tom is a seasoned business leader who brings to CML a wealth of\nexperience in financial management and reporting. His proven ability to\nidentify cost efficiency opportunities will be invaluable to CML,\" said Paul\nBristow, President and COO of CML Healthcare. \"We look forward to Tom's future\ncontributions as a key member of our senior management team.\"\nMost recently, Mr. Weber served as Chief Financial Officer at St. Joseph\nCommunications, one of Canada's largest print and publishing companies, where\nhe was responsible for raising capital, financial reporting, corporate\nprocurement, mergers and acquisitions, and risk management. While at\nSt. Joseph, Mr. Weber directed strategic reviews to increase efficiency of\nbusiness units, managed a thorough review of the company's internal controls\nand financial processes, and spearheaded a number of acquisitions.\nPrior to joining St. Joseph, Mr. Weber served as Vice President, Finance\nand Secretary, at Livingston Group Inc. after five years as a tax manager at\nPrice Waterhouse. Mr. Weber is a Chartered Accountant and holds an Honours\nBachelor of Commerce from McMaster University in Hamilton, Ontario.\n\nAbout CML Healthcare Income Fund\nCML Healthcare Income Fund is an unincorporated open-ended trust that\nowns CML Healthcare Inc., one of Canada's largest healthcare services\nbusinesses. CML is a leading provider of laboratory testing services in\nOntario and the largest private provider of medical imaging services in\nCanada. CML Healthcare Income Fund is publicly traded on the Toronto Stock\nExchange under the symbol \"CLC.UN\" and has approximately 86.6 million units\noutstanding (assuming the exchange for units of all of the outstanding\nexchangeable shares of CML Healthcare Inc., excluding those held by the Fund\nor its affiliates). To reach CML Healthcare Income Fund via the worldwide web\nlog on to www.cmlhealthcare.com.\n\nCaution concerning forward-looking state...