Board of Directors

Catherine A. Butler

Director, Conduct Review & Risk Policy Chair
Committees: Audit, Conduct Review & Risk Policy
Director Since: 2007

Ms. Butler is Director, Business Development of Wilmington Capital an investment company focussed on oil and gas and real estate.  Ms. Butler is also a partner & director of Beltline Brownstones Inc. Prior thereto, Ms. Butler was Analyst, Merchant Banking of the Blackstone Group, Analyst, Avenir Capital, a venture capital fund.  Ms. Butler has been a registered portfolio manager with the Alberta Securities Commission and is a Chartered Financial Analyst, with a B.A. degree in Economics from Queen’s University.

Gary H. Dundas

Director, Audit Committee Chair
Committees: Audit
Director Since: 2007

Mr. Dundas is an independent business person and was the Vice President Finance, C.F.O. and a Director of Avenex Energy Corp. (and predecessors, “Avenex”), a publicly traded oil & gas exploration and production corporation, from January 2003 to March 2013. Prior to joining Avenex, Mr. Dundas held positions of C.F.O., Vice President Finance, General Manager Corporate Development and Marketing and Controller, respectively, at Maxx Petroleum Ltd., a publicly traded junior oil and gas corporation over a seven-year period. Mr. Dundas has been a director of a number of private and publicly listed corporations and income trusts over the past 14 years. A Chartered Professional Accountant, CMA, Mr. Dundas obtained his Bachelor of Commerce and MBA degrees from the University of Calgary.

Jeff G. Lawson

Director, Compensation, Nominating & Corporate Governance Committee Chair
Committees: Compensation, Nominating & Corporate Governance
Director Since: 2007

Mr. Lawson joined Peters & Co. Limited, Canada’s first investment banking firm focused exclusively on the oil, natural gas and oilfield services industry, in January 2009.  Mr. Lawson is a Principal and Director in the Corporate Finance group, and a member of the firm’s Executive Committee. Prior to Peters & Co., Mr. Lawson was Co-Head of the Securities Group and Member of the Executive Committee of the law firm of Burnet, Duckworth & Palmer LLP. He was twice named one of the top 40 lawyers under 40 in Canada, and has been recognized as one of Canada’s most creative lawyers and top cross-border corporate lawyers. Mr. Lawson has served on the board of directors of a number of public issuers, private companies and certain charitable organizations. He is currently the Chair of the President’s Think Tank at the University of Alberta, member of the Advisory Committee for the Faculty of Law at the University of Alberta, on the Board of Governors at the Calgary Petroleum Club, and a member of the Financial Sector Advisory Committee for Calgary Economic Development.

Arie B. Prins

Director
Committees: Conduct Review & Risk Policy
Director Since: 2013

Mr. Prins is an independent business person and was the Chief Financial Officer of Elbow River Marketing Ltd. (“Elbow River”) from 2009 to 2017. Mr. Prins has more than 20 years of well-developed financial acumen, strategic analysis and planning, and change management expertise. Prior to Elbow River, Mr. Prins experience extends to industries including power generation, energy sales and financial services, where he has held a number of senior financial positions including Chief Financial Officer of various TSX-listed public companies. Mr. Prins earned his Chartered Accountants designation with KPMG in 1992 and holds a Bachelor of Commerce from the University of Alberta.

Jeffrey J. Smith

President, Chief Executive Officer & Director
Committees:
Director Since: 2007

Mr. Smith is a co-founder of DCBank and is the President and Chief Executive Officer. Mr. Smith is an entrepreneur with more than 30 years of experience in operating, financing, growing and managing large scale international financial services businesses. Mr. Smith was the President, Chief Executive Officer, Director and co-founder of DirectCash Payments Inc., a publicly traded financial services company with operations in Canada, Australia, the United Kingdom, New Zealand and Mexico. Mr. Smith has extensive experience in business valuation, the public equity and debt capital markets. Mr. Smith has sourced, negotiated, financed and integrated numerous acquisitions in Canada and internationally. In 2013, Mr. Smith was honoured as Industry Person of the Year – Prepaid & Payments by Payments eXchange, and in 2005, he was the recipient of the Ernst & Young Entrepreneur of the Year (Prairies Region).

Iain Stewart

Director
Committees: Audit
Director Since: 2012

Mr. Stewart is Managing Partner of RIK Capital Partners & President of Capella Cove Capital Corp., a real estate and private equity investment corporation. Previously, Mr. Stewart co-founded Parkbridge Lifestyle Communities, Inc. and acted as its Co-Chief Executive Officer from 1997 to 2013. Prior to joining Parkbridge, Mr. Stewart served as Vice President at Rosebridge Capital Corporation from 1996 to 1997, and served in various positions culminating in Vice President of Financial Services at Trizec Corporation from 1985 to 1996. Mr. Stewart has over 30 years of experience in the real estate industry, providing strategic advice in financial and capital markets activities. Mr. Stewart has served as a board member for Genesis Land Development Corp. since 2013 and for Fig Tree Foundation since 2015. Mr. Stewart has Bachelor of Commerce from the University of Alberta and holds a Chartered Accountant designation.

Ronald G. Waxman

Director
Committees: Compensation, Nominating & Corporate Governance
Director Since: 2010

President of LRJ Consulting, a private security and banking consulting firm, since 2009. Mr. Waxman is a director of several Canadian companies involved in various industries. Previously he held various positions with Stanley Security Solutions, including Chief Operating Officer for Canada and Vice President, Strategic Initiatives. Before that he was a co-founder of Frisco Bay Industries Ltd. (“Frisco Bay”) in Montreal, Quebec acting as its Chief Operating Officer for over 20 years. Frisco Bay operated Canada’s third largest non-bank ATM Network until its sale to Stanley Security Solutions in 2004. Mr. Waxman holds a Bachelor of Commerce from Sir George Williams University (now Concordia).

Susan M. Anderson

Co-Founder, Director & Chairwoman
Committees: Compensation, Nominating & Corporate Governance, Conduct Review & Risk Policy
Director Since: 2007

Ms. Anderson is the President and Chief Executive Officer of Cannonball Capital Inc., which has investments in venture companies, private and public equities as well as commercial real estate. Ms. Anderson is a co-founder, as well as the previous President and CEO, of DC Bank. After practicing corporate and commercial law for ten years, she co-founded DirectCash Payments Inc., a publicly traded financial services company. DirectCash Payments grew organically and through acquisition to be the second largest ATM company in the world. Susan is on the President’s Council at the University of Alberta and is a director of Revalesio Corporation. She is also on the Board of Lace ‘Em Up Foundation for Kids, a registered charity. In 2010, Susan received an Alumni Honour Award from the University of Alberta. Ms. Anderson was also honoured as one of the “most powerful women” in Canada by the Women’s Executive Network in 2010 . She was the recipient of the Ernst & Young Entrepreneur of the Year (Prairies Region) award in 2005. Ms. Anderson graduated with distinction with a commerce degree from the University of Calgary in 1984 and in 1988 obtained a law degree from the University of Alberta.

Committee Overview

 

Committee Committee Chair Committee Members
Audit Committee Gary Dundas Catherine Butler
Gary Dundas
Iain Stewart
Compensation, Nominating and Corporate Governance Committee Jeff Lawson Susan Anderson
Jeff Lawson
Ronald Waxman
Conduct Review and Risk Policy Committee Catherine Butler Susan Anderson
Catherine Butler
Aria Prins