15:53:23 EDT Thu 18 Apr 2024
Enter Symbol
or Name
USA
CA



Canaccord Genuity Group Inc
Symbol CF
Shares Issued 103,152,374
Close 2016-04-14 C$ 3.78
Market Cap C$ 389,915,974
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Globe says Canaccord losing two investment bankers

2016-04-15 06:47 ET - In the News

The Globe and Mail reports in its Friday edition that Canaccord Genuity Group is losing two senior investment bankers. The Globe's Niall McGee writes that Ali Pejman, a mining banker and part of Canaccord's executive group, has tendered his resignation. Friday will be his last day at the independent brokerage. Capital market president Pat Burke says: "Ali played a significant role in the growth of our [public venture capital] business and made many contributions to our investment banking business. We thank him for his efforts and dedication, not to mention the flair, passion and style he brought to work every day." Mr. Pejman, who was based in Vancouver, had been with Canaccord since 2000. Last week, Canaccord also parted ways with Toronto-based mergers and acquisitions banker Rob Fedrock. Mr. Fedrock came to the brokerage with the 2010 acquisition of Genuity Capital Markets. The departures are the latest in a series of high-profile exits in recent months. Jens Mayer, co-head of investment banking, Andrew Jappy, head of information technology, Peter Virvilis, treasurer, and Scott Davidson, global head of corporate development, have all departed since the beginning of the year.

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