The Globe and Mail reports in its Tuesday, March 31, edition that Canaccord Genuity Group chief executive officer Paul Reynolds is in serious condition in hospital after encountering an "unexpected medical emergency" while competing in a triathlon in Hawaii. The Globe's Bertrand Marotte and Niall McGee write that Mr. Reynolds was competing in the Lavaman Waikoloa Triathlon on Sunday morning, when he got into trouble during the swim portion of the race. Mr. Reynolds "called out for help and then went under the water," says one observer. Mr. Reynolds was immediately pulled from the water by safety personnel and brought to shore on a jet ski. He was administered CPR and transported to hospital. Canaccord Genuity says: "He remains in serious but improving condition. ... He is awake and responsive with his family by his side. We are optimistic for Paul's full and speedy recovery." Canaccord Genuity is mum on the specifics of the incident other than saying it happened during a family vacation. Mr. Reynolds, who is 52 years old, is being treated at the North Hawaii Community Hospital. Chairman David Kassie has taken over as CEO on an interim basis until Mr. Reynolds recovers.