DundeeWealth Inc.

DundeeWealth Inc.

December 17, 2007 18:01 ET

Anthony Exits DundeeWealth Inc.

TORONTO, ONTARIO--(Marketwire - Dec. 17, 2007) - David Goodman, Chief Executive Officer of DundeeWealth Inc., (TSX:DW) announced today that G. F. Kym Anthony has left the employ of the Company with the intention of exploring other opportunities to work with DundeeWealth, including the further development of the Company's structured credit group in the U.S.

Mr. Goodman will assume Mr. Anthony's responsibilities. Board Chairman, Ned Goodman, and Lead Director, Robert McLeish, have agreed to lend their expertise to the executive committee and act as the search committee for a replacement.

Mr. Anthony joined DundeeWealth in 2005, becoming Chief Executive Officer of the Company's DundeeWealth Financial division and Executive Chairman of the Dundee Bank of Canada. The Company subsequently sold the Bank to The Bank of Nova Scotia, completing that transaction on September 28, 2007.

DundeeWealth is a Canadian owned, diversified wealth management company. Through its various subsidiaries DundeeWealth creates innovative asset management, alternative investments and provides investment solutions. In addition, DundeeWealth provides capital markets and advisory services to financial advisors, institutions, corporations and foundations, and provides retail banking services through financial advisors. DundeeWealth oversees $60.2 billion in assets under management and administration through independent financial advisors across Canada. It is listed on the Toronto Stock Exchange (TSX:DW).

Contact Information

  • DundeeWealth Inc.
    David Goodman
    President & Chief Executive Officer
    (416) 365-5168
    DundeeWealth Inc.
    Robert Pattillo
    Chief Brand and Communications Officer
    (416) 365-6466