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MCAN Mortgage Corporation Announces Changes to Board of Directors
MCAN Mortgage Corporation Announces Changes to Board of Directors Canada NewsWire ...
About this update from Mcan Mortgage Corporation
[{"type":"text","content":"\n\n\n\nMCAN Mortgage Corporation Announces Changes to Board of Directors\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Feb. 26, 2020\n\n\n\nTORONTO, Feb. 26, 2020 /CNW/ - MCAN Mortgage Corporation (\"MCAN\", the \"Company\" or \"we\") (TSX: \"MKP\") announced today that Ian Sutherland will step down as Chair of the Board (the \"Chair\"), however will remain on the Board of Directors (the \"Board\") to facilitate Board renewal and transition.  Ian has held the position of Chair since 2010.  In previous years he has also served in various management and Board roles.  As a founding partner, Ian's leadership and guidance has advanced the Company's strategy and contributed to its success and growth over the past 30 years.\n\n \n \n\n \nThe Board also announced today that Derek Sutherland has been appointed as Chair.  Derek brings with him 12 years of experience with MCAN in management and since 2017, as a Director.  Derek previously held various positions including Chief Risk Officer at MCAN, and is a CPA, CBV and a Corporate Director (ICD.D).  Derek also serves on the Board of Directors of a private company regulated by the Office of the Superintendent of Financial Institutions (\"OSFI\").\n\"I am honoured by the Board's confidence and support to continue the success achieved under Ian's leadership. MCAN has a strong professional Board and management team. I look forward to working with both the Board and management to further enhance MCAN's performance against our stated vision and objectives\", said Derek Sutherland.  \"On behalf of the Board, I offer Ian our thanks for guiding MCAN over the years while laying the foundation for continued success of the company that he has been an integral part of founding and developing.\"\nThe Company also announced Susan Doré and Verna Cuthbert will be retiring and not standing for re-election at the Annual General Meeting of Shareholders.  Susan Doré has been a Director of MCAN since 2010 and was previously a member of management of the Comp...