People Corporation Announces Dennis Stewner to Join as CFO and COO

TORONTO, ONTARIO--(Marketwired - April 11, 2016) - People Corporation (TSX VENTURE:PEO) today announces that Dennis Stewner, CPA, CA will be appointed as the Company's Chief Financial Officer and Chief Operating Officer and that Keith McMahon will be stepping down as the current CFO and will pursue another opportunity. As a consequence of People Corporation's growth over the past year, combined with its overall strategic plan, the Company determined that it was important to expand the scope of the role to include increased operational responsibilities.

Dennis has over 20 years of financial and operational leadership experience primarily in the financial services industry. He brings expertise in financial and capital management, financial reporting and compliance and scaling of operations. Most recently, Dennis was the Senior Vice-President for National Bank Financial where he was responsible for the bank's Canadian full service brokerage business outside of Québec. Prior to that, he was the CFO and COO for Wellington West Holdings Inc.

"I am very pleased to welcome Dennis onto our leadership team at this point in our organization's history. We have achieved significant growth over the last number of years and our strategic initiatives call for this momentum to continue. Dennis' deep experience and leadership skills position us well to execute on the next stage of our growth", said Laurie Goldberg, Chairman and CEO of People Corporation. "Keith's contribution to our growth over the last year including acquisitions and the bought deal private placement financing has been much appreciated and we wish him well in his future endeavors."

About People Corporation

People Corporation is a national provider of group benefits, group retirement and human resource services. The Company has offices across Canada, each led by a team of experts and backed by the resources of a national company whose stock is traded on the TSX-V. The Company's industry experts provide uniquely valuable insight while customizing an innovative suite of services to the specific needs of its clients. Whatever your sector, whatever your scale, putting People Corporation's expertise and proven track record to work will make a difference to your people and your bottom line.

Further information is available at www.peoplecorporation.com.

Forward-Looking Information

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