Mosaic Capital Corporation Announces Troy Pearce as Chief Operating Officer
Calgary, Alberta (FSCwire) - Mosaic Capital Corporation ("Mosaic") (TSX-V Symbols: M and M.PR.A) is pleased to announce the appointment of Troy Pearce as Chief Operating Officer. Mr. Pearce joined Mosaic in April 2013, was appointed as Vice President in July 2013 and has 15 years of private equity experience in a variety of capacities. Mosaic's Chief Operating Officer is the primary interface between Mosaic's management team and the management teams of its subsidiaries. Mr. Pearce replaces Michael Hill in the role.
"We are very pleased that Troy has agreed to accept the role of Mosaic's Chief Operating Officer. This is a challenging position that can have a significant impact on Mosaic's business. Since joining Mosaic last year, Troy has played a leading role in execution of our acquisition strategy." commented John Mackay, Executive Chairman and CEO of Mosaic. Mr. Mackay added, "Mike Hill has worked very hard in this role and has helped a number of Mosaic's subsidiaries achieve their growth objectives. Mike will remain with Mosaic as a director and in a consulting role."
ABOUT MOSAIC CAPITAL CORPORATION
Mosaic is an investment company based in western Canada that owns a portfolio of established businesses with unique competitive advantages that have a history of generating strong sustainable cash flow from their operations. Mosaic's objective is to create long term value for our shareholders and business partners and to have that reflected in our share price. We believe that this is achieved by growing free cash flow per share and retained earnings. We do this by acquiring businesses that we understand at attractive prices and we manage our risk through extensive due diligence, creative transaction structuring and working closely with our businesses after acquisition.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tim Taylor
Vice President, Investor Relations
Mosaic Capital Corporation
400, 2424 – 4th Street SW
Calgary, AB T2S 2T4
T: (403) 270-4658
E: ttaylor@mosaiccapitalcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/mosaic06302014.pdf
Source: Mosaic Capital Corporation (TSX Venture:M) http://www.mosaiccapitalcorp.com/
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