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Statement re passing of Paul Reynolds

2nd Apr 2015 11:33

Canaccord Genuity Group Inc - Statement re passing of Paul Reynolds

Canaccord Genuity Group Inc - Statement re passing of Paul Reynolds

PR Newswire

London, April 2

Statement from the Board of Directors of Canaccord Genuity Group Inc. TORONTO, April 2, 2015 /CNW/ - It is with great sadness that the Board ofDirectors of Canaccord Genuity Group Inc. announces that Paul Reynolds haspassed away in Kona, Hawaii following complications related to a healthincident while competing in a triathlon. Paul was 52 years old and leavesbehind his wife, four children and his extended family. Following a heartfelt motion of appreciation and sympathy to Paul's family andfriends, the Board appointed David Kassie to the position of CEO with immediateeffect. With the support of a carefully selected leadership team, Paul confidently ledCanaccord Genuity from its roots as a Canadian based brokerage through numerousinitiatives and transactions to become a leading independent global investmentbank. Since becoming Chairman in 2010, David has worked closely with Paul andhas been actively engaged in the development and implementation of the currentcorporate strategy. The Board is confident that David has the necessaryexperience to lead the Company forward. Looking ahead, David will be activelyengaged with the Corporate Governance Committee of the Board in the successionplanning process. "This is a difficult day for everyone at Canaccord Genuity. As the architect ofour firm's global transformation, Paul's distinct style of partnership,friendship and respect over three decades of commitment is just part of thelegacy he leaves us all," said David Kassie, Chairman and CEO of CanaccordGenuity Group Inc. "On behalf of all employees and the Board of Directors, Iextend our deepest condolences and support to Paul's family and to the manypeople who came to know him as a colleague, mentor and friend." The family would like to thank everyone who has sent emails offering support,comfort and prayers. ABOUT CANACCORD GENUITY GROUP INC.: Through its principal subsidiaries, Canaccord Genuity Group Inc. (the"Company") is a leading independent, full-service financial services firm, withoperations in two principal segments of the securities industry: wealthmanagement and capital markets. Since its establishment in 1950, the Companyhas been driven by an unwavering commitment to building lasting clientrelationships. We achieve this by generating value for our individual,institutional and corporate clients through comprehensive investment solutions,brokerage services and investment banking services. The Company has offices in10 countries worldwide, including Wealth Management offices located in Canada,Australia, the UK and Europe. Canaccord Genuity, the international capitalmarkets division, operates in Canada, the US, the UK, France, Germany, Ireland,Hong Kong, China, Singapore, Australia and Barbados. To us there are noforeign markets.TM Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSXand the symbol CF. on the London Stock Exchange. North America media: Scott Davidson, Executive Vice President, Global Head ofCorporate Development and Strategy, Phone: 416-869-3875, email:[email protected]; For investor relations inquiries contact:Christina Marinoff, Vice President, Investor Relations & Communications, Phone:416-687-5507, email: [email protected]; London media: RobertMorgan or Nicola Ratchford, Stockwell, Phone: +44 (0) 20 7240 2486, email:[email protected]; [email protected]; Brokers:Oliver Hearsey, RBC Europe Limited, Phone: +44 (0) 20 7653 4000, email:[email protected]; Simon Hardy or Alex Collins, Jefferies InternationalLimited, Phone: +44 (0) 20 7029 8000, email: [email protected],[email protected]

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