The Globe and Mail reports in its Friday edition that Canaccord
Genuity's new chief executive officer, Dan Daviau, is acting quickly to establish
new management.
The Globe's Tim Kiladze writes that Mr. Daviau has hired Pat Burke to run the
dealer's Canadian capital-markets
arm. Mr. Burke was
head of global equity at
Scotia Capital. He left the bank last September. At Canaccord,
Mr. Burke fills a hole created
by the departure of former
Canadian capital-markets head
Matt Gaasenbeek earlier this
year. As part of the shuffle, Stuart
Raftus becomes chief administrative
officer, which will oversee
operations information technology
and human resources. Mr.
Stuart has also been president of
the dealer's wealth-management
arm since 2014.
Brad Kotush has also been
handed extra responsibility. Already
chief financial officer, Mr.
Kotush will become chief risk officer
as well, which is a new role
at Canaccord Genuity.
Additional executive moves include
the appointment of Mark
Whaling as global head of sales
and trading, whereas he used to
oversee only equities, and the
promotion of Jeff Barlow to the
head of Canaccord's U.S. division,
where he used to be responsible
for investment banking.
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