TORONTO, May 18, 2017 /CNW/ - Home Capital Group Inc.
("The Company" TSX: HCG) announced that James Lisson has been appointed to the Board of
Directors, bringing extensive experience in financial services law,
operational issues, governance, stakeholder relations, and risk and
reputation management. The Company also announced that John Marsh is stepping down from the Board of
Directors.
Mr. Lisson has 39 years of experience in legal, board, executive
and advisory roles, having worked most of his career in senior
roles at two of Canada's leading
law firms. He spent 25 years at Osler, Hoskin & Harcourt in Toronto, where he was a partner and vice chair
of the financial services group. Subsequent to that, he spent nine
years primarily in London, England
as a partner and counsel at Fasken Martineau DuMoulin LLP. In these
roles, he provided strategic, governance and risk advice to
Canadian, United Kingdom and other
global clients, and advised extensively on financial services
regulatory, capital and corporate governance issues.
Subsequent to those legal roles, he worked two years with the
Canadian Department of Justice as a consultant and senior advisor
on commercial law.
Earlier in his career, Mr. Lisson also spent seven years as a
director, Chair and Executive Chair of Cadillac Fairview Inc., a
large commercial real estate corporation, where he provided
leadership during a significant financial restructuring.
"Jim Lisson is yet another
excellent addition to the Home Capital Board of Directors as we
move ahead with our governance renewal," said Brenda Eprile, Chair of the Board of Home
Capital. "He brings deep expertise in areas that are vital to our
future success, and we look forward to his counsel."
Ms. Eprile added: "We also thank John
Marsh, one of the original investors in the Company, for his
long service and support in building Home into one of Canada's largest independent financial
institutions."
James Lisson Biography
James Lisson is an accomplished
professional with 39 years of legal, board, executive and advisory
experience.
He spent 34 years in Canada and
England with two of Canada's leading law firms, Osler, Hoskin and Harcourt and then Fasken Martineau DuMoulin
LLP. He also served seven years as a director, Chairman and then
Executive Chairman of Cadillac Fairview Inc., including overseeing
a financial restructuring.
Mr. Lisson is a member of the Law Society of Upper Canada and the Law Society of
England and Wales. He is Past Chair of the National and
Ontario Business Law Sections of the Canadian Bar Association. He
also holds an ICD.D designation from the Institute of Corporate
Directors. Among his other roles, he serves as a member of the
NAFTA Financial Services Dispute Resolution Panel.
Mr. Lisson holds a Master of Laws from Yale
University, a Bachelor of Laws from Dalhousie University and a Bachelor of Commerce
from McGill University.
Caution Regarding Forward-looking Statements
This press release contains forward-looking information within
the meaning of applicable Canadian securities legislation. Please
refer to the Home Capital's 2016 Annual Report, available on Home
Capital's website at www.homecapital.com, and on the Canadian
Securities Administrators' website at www.sedar.com, for Home
Capital's Caution Regarding Forward-looking Statements.
About Home Capital Group Inc.
Home Capital Group Inc. is a public company, traded on the Toronto
Stock Exchange (HCG), operating through its principal subsidiary,
Home Trust Company. Home Trust is a federally regulated trust
company offering residential and non-residential mortgage lending,
securitization of insured residential mortgage products, consumer
lending and credit card services. In addition, Home Trust offers
deposits via brokers and financial planners, and through its direct
to consumer deposit brand, Oaken Financial. Home Trust also
conducts business through its wholly owned subsidiary, Home Bank.
Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British
Columbia, Nova Scotia,
Quebec and Manitoba.
SOURCE Home Capital Group Inc.