NEO Welcomes Perry Dellelce as Chair of the Board
TORONTO--(BUSINESS WIRE)--Sep 5, 2018--Aequitas Innovations Inc. (“Aequitas”), the parent company of the NEO Exchange (“NEO”), is proud to welcome Perry Dellelce as the new Chair of both the Aequitas and NEO Boards of Directors. Perry, Co-founder and Managing Partner of Wildeboer Dellelce LLP, is a well-known champion for Canadian companies and recognizes their needs as they raise capital, grow their businesses and strive to make significant contributions to the Canadian economy. As Chair of the Aequitas Board, Perry replaces Greg Mills who completed a five-year term in June 2018, and as Chair of the NEO Board, he replaces Susan Wolburgh Jenah. Susan has been in this role for three years and will continue as an independent director on both boards.
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Perry Dellelce joined Jos Schmitt, President & CEO, NEO, to open the market in celebration of becoming Chair of both the Aequitas and NEO Boards of Directors (Photo: Business Wire)
“NEO began as an idea among a small group of Canadian capital markets stakeholders, sparked by a collective vision of a stock exchange that puts the needs of long-term investors and capital-raising companies first. Under the leadership of Greg Mills, Susan Wolburgh Jenah and Jos Schmitt, and through the drive of the entire NEO team and its founding partners, NEO has grown into a disruptive force in Canada’s capital markets, fearlessly and persistently driving healthier markets forward,” said Perry Dellelce, Co-founder & Managing Partner of Wildeboer Dellelce LLP and Chair of Aequitas and NEO. “As an entrepreneur and long-time advocate for capital-raising companies, I understand the challenges and passion required to disrupt an industry and I plan to work closely with fellow board directors and the entire team to ensure the continued focus on bringing competition and innovation to the Canadian capital markets. I am committed to offering my expertise and network to advance the goals of Aequitas and NEO to grow the Canadian capital markets and make it more fair, transparent and efficient, and help drive the Canadian economy forward.”
Perry has served as an independent director on both the Aequitas and NEO Boards since 2015, joining at the operational launch of the stock exchange.
“I am very proud to welcome Perry in his new capacity as independent Chair of both the Aequitas and NEO Boards and look forward to working even more closely with a fellow champion of efficient Canadian capital markets, a champion who embodies our entrepreneurial spirit and shares our goal of always putting long-term investors and capital-raising companies first,” added Jos Schmitt, President & Chief Executive Officer, Aequitas and NEO. “I also want to thank Greg and Susan for their exceptional guidance during their Chair tenures, as we navigated a complex environment to build and launch a new stock exchange. An initiative that has been welcomed by the capital markets as we quickly achieved 10% market share in trading of all Canadian securities, and attracted over 70 investment product and corporate listings. Finally, I would like to express my gratitude to all other Aequitas and NEO Board directors who provided us with their guidance and support over our first five years of existence. We warmly welcome the new directors joining us, who bring the skills and experience required for the next phase of our journey as we continue to grow our existing businesses and prepare for new initiatives.”
Aequitas and NEO are pleased to announce the following composition of the respective boards:
Aequitas Innovations Board of Directors, Independent Director and Chair , Managing Director, Global Equities and Head Commercial Innovation, RBC Capital Markets , Independent Director , Managing Director, Head of Equity Capital Markets, Barclays Capital Canada , Independent Director , President & CEO, Maison Placements Canada Inc. , President and Chief Operating Officer, Invesco Canada , Independent Director , Vice-President, Finance, Deputy Treasurer, BCE Inc. and Bell Canada , Managing Director, Trading, OMERS Capital Markets , President & CEO, Aequitas Innovations Inc. , Senior Vice President, Business Operations, Mackenzie Investments , Independent Director
NEO Exchange Board of Directors, Independent Director and Chair , Independent Director , Independent Director , Independent Director and Chair , Strategic Advisor, CI Financial Corp. , Managing Director, Global Head of Corporate Development, ITG Inc. , Chairman and CEO, Davis Rea Ltd. , Chairman, Leede Jones Gable Inc. , President & CEO, Aequitas NEO Exchange Inc. , Independent Director
About Aequitas Innovations Inc. and the NEO Exchange
Aequitas Innovations Inc., a company founded by a diverse group of prominent investors representing the various types of stakeholders of Canada’s capital markets, is the parent company of the NEO Exchange. Shareholders of Aequitas include: Barclays Corporation Limited; BCE Inc.; British Columbia Investment Management Corporation; CI Investments Inc.; Davis Rea Ltd; IGM Financial Inc.; Invesco Inc.Canada Ltd; ITG Canada Corp.; Leede Jones Gable Inc.; Maison Placements Canada Inc; OMERS Capital Markets; PSP Public Markets Inc.; RBC Dominion Securities Inc.; and Vernon & Park Capital, L.P.
The NEO Exchange is Canada’s next generation stock exchange, putting the needs of investors, businesses looking to raise capital and dealers first. Launched in 2015, the NEO Exchange offers an innovative trading venue to trade all Canadian-listed securities. It also offers a value-added listings process for capital raising companies and investment products, focussed on liquidity, transparency and efficiency. For more information, please visit: NEOstockexchange.com
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Adam Bornstein, 905-505-2540
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE HUMAN RESOURCES
SOURCE: Aequitas Innovations Inc.
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PUB: 09/05/2018 11:54 AM/DISC: 09/05/2018 11:54 AM