Past Recipients of
Canada’s CFO of the Year™
Canada's CFO of the Year™ for 2014
Janice Fukakusa is RBC's Chief Administrative Officer and Chief Financial Officer. As a member of RBC's Group Executive, she is one of eight executives responsible for setting the overall strategic direction of RBC. In addition, she chairs Group Operating Committee, responsible for enabling the integration of governance and overseeing the day to day functional, operating and technology activities across RBC.
Prior to her current role, Ms. Fukakusa was Executive Vice-President, Finance. Her various roles and responsibilities included Vice-President, Portfolio Management, Senior Vice-President, Multinational Banking, Chief Internal Auditor, and Executive Vice-President, Specialized Services, RBC Banking. Since joining RBC in 1985, she has held positions in retail and business banking, corporate banking, account management, corporate finance,treasury, strategic development and corporate functions.
Ms. Fukakusa is a director of various RBC subsidiaries, including RBC Europe Limited, and Symcor Inc. She serves on a number of professional and charitable organizations including Wellspring Cancer Support, Princess Margaret Hospital, Ryerson University and Schulich School of Business. In addition, Ms. Fukakusa has earned the designation of FCA from the Institute of Chartered Accountants of Ontario, and in 2007 she was inducted into Canada's Most Powerful Women Hall of Fame.
Prior to joining the bank, Ms. Fukakusa worked at PricewaterhouseCoopers LLP where she obtained the professional designations of chartered accountant and chartered business valuator.
Ms. Fukakusa obtained her Bachelor of Arts from University of Toronto and holds a Master of Business Administration from Schulich School of Business.
Brookfield Asset Management
Canada's CFO of the Year™ for 2013
Brian D. Lawson is Senior Managing Partner and Chief Financial Officer at Brookfield Asset Management (Formerly, Brascan Corp.). Brian has held senior management positions within Brookfield since the early 1990’s. As Chief Financial Officer, Brian is responsible for Brookfield’s financial reporting, risk management and funding activities of the organization including the co-ordination of all group
capital markets activities and relationships with the banking investment community.
In 1983 Brian joined the audit practice of Touche Ross & Co. (now Deloitte & Touche) and moved to Brookfield Asset Management Inc. in late 1988. Brian’s time was spent mostly in the company’s restructuring, merchant banking and investment banking operations until 2002 when he was appointed Chief Financial Officer. As part of his responsibilities, Brian has served as an officer and/or director of a number of Brookfield investees and affiliates and sits on a number of the company’s investment committees.
Brian graduated from Trinity College School (Port Hope, ON) in 1978, and Trinity College, University of Toronto (Bachelor of Arts) in 1983. Brian served as a member of the Trinity College School Board of Governors from 1998 to 2003 and is currently a Director and Chair of the Finance Committee for the School’s Foundation.
Brian and his wife, Joannah, live in Toronto and have three children, Tristan, Alexander and Gillian.
TD Bank Group
Canada's CFO of the Year™ for 2012
Colleen Johnston first joined TD Bank Group in March of 2004 as Executive Vice-President, Finance Operations, after spending 15 years with Scotiabank in various senior positions. She was later appointed to TD’s top financial post in November 2005. After her appointment to CFO, Ms. Johnston restructured TD Bank Group’s entire finance department, seeking to focus less on numbers, more on playing key decision-making roles in the bank’s most important initiatives, including TD’s expansion into the U.S.
PCL Construction Holdings Ltd.
Canada's CFO of the Year™ for 2011
Gordon is a 40-year veteran of the PCL family of companies. His ability to anticipate change and to deliver strategic financial leadership led to his appointment to the PCL Board of Directors in 1995 and his promotion to Chief Financial Officer in 2001. As CFO, Gordon implemented the financial strategy and infrastructure required to support rapid growth, in particular during the period of 2006 to 2009, when billings rose from $4.7 billion to $6.3 billion. Gordon recently transitioned to the role of Executive Vice President and will work directly with PCL's Chief Executive Officer on capital planning, enterprise risk management, and succession planning, which are vital initiatives within PCL’s multi-national corporation.
Richard Bird, Ph.D, MBA.
Canada's CFO of the Year™ for 2010
Mr. Bird joined Enbridge in 1995, and previously served as Vice-President and Treasurer, Senior Vice-President of Planning and Development, and Executive Vice-President of Enbridge’s Liquids Pipelines division. He serves on the boards of directors of Enbridge Income Fund, Enbridge Pipelines Inc., Enbridge Gas Distribution, Noverco Inc. and Bird Construction Income Fund. Mr. Bird holds a Bachelor of Arts degree from the University of Manitoba and a MBA and Ph.D. from the University of Toronto.
Cynthia Devine, CA
Tim Hortons Inc.
Canada's CFO of the Year™ for 2010
Ms. Devine joined Tim Hortons in 2003 having served as Senior Vice-President of Finance of Maple Leaf Consumer Foods and Chief Financial Officer of Pepsi-Cola Canada Ltd. She serves on the board of directors of ING Direct Canada. Ms. Devine is a graduate of the Richard Ivey School of Business at the University of Western Ontario (HBA) and is a Chartered Accountant.
Canada's CFO of the Year™ for 2009
Mr. Garofalo has been with Agnico-Eagle Mines since 1998. Before joining Agnico-Eagle, Mr. Garofalo served as Treasurer of Inmet Mining Corporation, an international mining company. Mr. Garofalo serves on the Boards of Directors of Agnico-Eagle and Stornoway Diamond Corporation. Mr. Garofalo is a graduate of the University of Toronto (B.Comm.) and a Chartered Accountant.
Canada's CFO of the Year™ for 2008
Mr. Waterman joined Agrium in 2000, and has more than 25 years of experience as a financial executive. He is a member of Agrium's executive team responsible for corporate strategy and M&A activity and oversees Agrium's financial and information management activities with direct responsibility for financial reporting, treasury, tax information technology, investor relations, and government and corporate affairs. In his time with Agrium, Mr. Waterman has built and maintained a strong financial team and is a champion of continually seeking and implementing improvement initiatives.
Canada's CFO of the Year™ for 2007
Mr. Romanow was appointed Vice-President, Finance of Nexen Inc. in June 1997; Chief Financial Officer in February 1998; Senior Vice President, Finance & Chief Financial Officer in February of 1999; and Executive Vice-President & Chief Financial Officer on June 1, 2001.
He has over 25 years of experience in the oil and gas industry. Prior to his current position, Mr. Romanow was with Wascana Energy Inc., first as Vice-President, Planning and Development and then for five years as Vice-President, Exploration and Production. Prior to joining Wascana, he was with Amoco Canada as Manager, Finance and Dome Petroleum holding positions in Engineering, Operations, Finance and Planning.
Mr. Romanow holds a Masters of Business Administration and a Bachelor of Engineering degree with Great Distinction, both from the University of Saskatchewan.
Mr. Romanow is a Director of the Canadian Energy Research Institute and the Private Sector Sponsors of CERI. He is Nexen’s representative on the board of directors of Canexus Income Trust and the Syncrude oil sands venture.
Marvin is a native of the community of Canora in southeast Saskatchewan. He is an avid golfer and world traveller, a committed husband and dedicated father with four children aged 21, 18, 17 and 12. He is active in the community and was Calgary chair of the University of Saskatchewan’s capital campaign.
Karen E. Maidment
BMO Financial Group
Canada's CFO of the Year™ for 2006
Karen E. Maidment is Chief Financial and Administrative Officer of BMO Financial Group reporting to BMO’s President and Chief Executive Officer. She also serves on the Management Board Executive Committee.
Ms. Maidment is responsible for BMO Financial Group’s financial strategy, financial reporting and planning, taxation, treasury, investor relations, legal and compliance, corporate communications, economics, and enterprise risk and portfolio management.
Ms. Maidment began her career in 1981 with Clarkson Gordon and in 1988 joined Clarica Life Insurance Company, formerly Mutual Life of Canada. Prior to joining BMO Financial Group, Ms. Maidment was Chief Financial Officer at Clarica, playing a leadership role in the demutualization of the company and in the first initial public offering in Canada for demutualized insurers. Ms. Maidment joined BMO in October, 2000 as Executive Vice-President and Chief Financial Officer and was appointed Senior Executive Vice-President in 2003.
Ms. Maidment graduated from Galt Collegiate Institute in 1977 and holds a Bachelor of Commerce degree from McMaster University. She became a chartered accountant in 1983 and was made a Fellow of the Institute of Chartered Accountants in early 2000.
She is married with two sons and lives in Cambridge, Ontario. Active in community affairs, Ms. Maidment has served as President, Canadian Federation of University Women and Waterloo-Wellington Chartered Accountants Association and served on the Board of Cambridge Chamber of Commerce. In 2001 Ms. Maidment received YWCA Women of Distinction Award and for the last three consecutive years Ms. Maidment has been included in the Financial Post's “Power 50” list of top Canadian businesswomen. She is currently honorary chair of the Easter Seals’ Ball.
In February, 2004, she was honored by McGill University with their Management Achievement Award in recognition of outstanding Canadian business leadership and personal community involvement. In April, 2004, Ms. Maidment received the Wayne C. Fox Distinguished Alumni Award from McMaster University's Michael G. Degroote School of Business.
Canadian National Railway Company
Canada's CFO of the Year™ for 2005
Claude Mongeau became Executive Vice-President and Chief Financial Officer in October 2000. He leads CN's strategic planning process and he is responsible for the overall financial management of CN.
He joined CN in May 1994 and has held the positions of Vice-President, Strategic and Financial Planning, and assistant Vice-President Corporate Development. He was appointed Senior Vice-President and Chief Financial Officer in October 1999.
Prior to joining CN, Mr. Mongeau was a partner with Groupe Secor, a Montreal-based management consulting firm providing strategic advice to large Canadian corporations such as Bombardier and Bell Canada. He also worked in the business development unit of Imasco Inc., a diversified holding company with subsidiaries operating in the manufacturing, retail, and financial services sectors. His career started in Europe with Bain & Company, a leading American consulting firm. In 1997, Mr. Mongeau was named one of Canada's top 40 executives under 40 years of age by the Financial Post Magazine.
Peter H. Rubenovitch
Manulife Financial Group
Canada's CFO of the Year™ for 2004
Peter H. Rubenovitch holds the position of Executive Vice-President and Chief Financial Officer. He is also a member of the company's Executive Committee and Management Committee.
Mr. Rubenovitch is responsible for the company's actuarial, controllership, taxation, treasure, enterprise risk management and other financial functions company-wide. He is the Chairman of the company's Credit Committee and is also responsible for the Reinsurance Division.
Mr. Rubenovitch holds a MBA in Finance and a Bachelor of Commerce degree from Sir George Williams University, Montreal, Quebec.
He joined the Royal Bank of Canada in 1974 and held a number of lending and managerial positions, Corporate Controller in 1988.
In 1989, Mr. Rubenovitch joined Globe International Inc. as Senior Executive Vice President and CFO. He was founder and president of Tion Financial Corporation - a financial consultancy - from 1992 to 1995.
Mr. Rubenovitch joined Manulife Financial in February 1995. He was appointed Vice President, Business Development later that year, a position that included responsibility for acquisitions, divestitures, and new strategic initiatives. In January 1996, he was appointed Senior Vice President and Corporate Controller. Mr. Rubenovitch was promoted to his current position in February 1998.
Peter W. Currie
Canada's CFO of the Year™ for 2003
Peter W. Currie is a senior executive with more than 30 years of financial experience. He is the former Executive Vice-President and Chief Financial Officer of Nortel Networks and was Vice-Chairman and CFO of RBC Financial Group, one of North America's leading financial services organizations.
Mr. Currie was previously employed with Nortel and served as Senior Vice-President and Chief Financial Officer from 1994 until early 1997. From 1979 to 1992, he held a variety of management positions with the Nortel Finance organization including General Auditor, Controller and Vice-President, Finance for different business segments. During his career he has also held the role of Executive Vice-President and Chief Financial Officer at North American Life Assurance Company.
He has an MBA from York University. He serves on the boards of directors of York University, Toronto East General Hospital and The C.D. Howe Research Institute.