Canadian Foundation for Advancement of Investor Rights (FAIR Canada)

Canadian Foundation for Advancement of Investor Rights (FAIR Canada)

November 26, 2012 11:04 ET

FAIR Canada Announces Governance Changes

TORONTO, ONTARIO--(Marketwire - Nov. 26, 2012) - The Canadian Foundation for the Advancement of Investor Rights (FAIR Canada), a non-profit organization dedicated to advancing investor rights, recently appointed a new Chair of the Board and elected two new members to serve on its Board of Directors.

Ellen Roseman Appointed Chair

Ellen Roseman was appointed Chair following the resignation of Stanley Beck. Ms. Roseman, who has served on FAIR Canada's board since 2009, is a personal finance and consumer affairs columnist with the Toronto Star's business section and the author of numerous books on personal finance and consumer issues. She also teaches courses in investing and personal finance at the University of Toronto's and Ryerson's continuing studies departments.

Former Chair Stanley Beck, who resigned this fall, was one of FAIR Canada's co-founders and first Directors and was Chair of the Board for the first four years of the organization's operations. Executive Director Ermanno Pascutto stated that "Mr. Beck generously contributed his time and insight to the organization from its infancy and helped to shape FAIR Canada into a credible and well-regarded voice for Canadian investors. Mr. Beck's Chairmanship provided guidance to the organization throughout its formative stages and strengthened its ability to advocate for investor rights." FAIR Canada's Board and Staff thank Mr. Beck sincerely for his contributions to advancing investor rights in Canada and for his dedication to the organization over the years.

New Directors Appointed

At FAIR Canada's annual members meeting, members re-appointed existing directors and elected two new directors, Rossa O'Reilly and Marc J. Ryan to the Board.

Mr. O'Reilly is a past board member and chairman of the CFA Institute and a past trustee of the CFA Institute's Research Foundation. He has 40 years of experience analyzing publicly traded equities in the real estate, conglomerate and transportation sectors and developing stock market strategy. Mr. O'Reilly has been the editor of the CFA Society's quarterly magazine and contributes to this and other periodicals.

Mr. Ryan worked for the Québec Securities Commission (now the Autorité des marchés financiers) as a lawyer and as an advisor to the Commission itself. Thereafter, he specialized as legal counsel in financial and securities law with Bell Canada and its parent company, BCE Inc. where he held various positions including General Counsel and Corporate Secretary. In 2008, Mr. Ryan founded IndependentInvestor.info, a bilingual internet site which publishes information for individual investors.

Board Committees

FAIR Canada has also adjusted its committee memberships as a result of the director changes. The Finance and Audit Committee is now composed of Robert Pouliot (Chair), Ellen Roseman and Tania Willumsen. The Executive Committee members are Ellen Roseman (Chair), Neil de Gelder, Claude Lamoureux, and Dawn Russell.

FAIR Canada's Board is composed of the following individuals:

Stan Buell | Toronto

Neil de Gelder | Vancouver

Stephen A. Jarislowsky | Montreal

Claude Lamoureux | Toronto

Rossa O'Reilly | Toronto

Ermanno Pascutto (Executive Director) | Toronto

Robert Pouliot | Montreal

Ellen Roseman (Chairman) | Toronto

Dawn Russell | Fredericton

Marc J. Ryan | Montreal

Tania Willumsen | Calgary

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