Íâ¹úÃÀŮɫÇéƬ Appoints David Arnold as Chief Financial Officer
April 20, 2021 (TORONTO) – Íâ¹úÃÀŮɫÇéƬ today announced that David Arnold, a financial services industry leader and 20-year veteran of CIBC has been named as Chief Financial Officer (CFO). Mr. Arnold will join Íâ¹úÃÀŮɫÇéƬ effective June 1, 2021.
"We are excited to add a dynamic and experienced financial professional with an impressive track record of execution to Íâ¹úÃÀŮɫÇéƬ's senior leadership team, as we work to advance our global growth strategy and support client success across the markets we serve," said John McKenzie, Chief Executive Officer, Íâ¹úÃÀŮɫÇéƬ. "Along with a demonstrated expertise in leading complex, large-scale business initiatives, David brings an innovative mindset and a collaborative spirit to the role, which fits squarely with Íâ¹úÃÀŮɫÇéƬ's corporate mission, client first vision and employee culture. I look forward to the important work ahead with David and our entire TMX employee team to solve challenges and capitalize on opportunities in our operating environment."
Mr. Arnold joins Íâ¹úÃÀŮɫÇéƬ from CIBC, where he most recently served as Executive Vice President, Enterprise Programs, Technology and Operations. In this role, he led transformation and simplification efforts across the CIBC Group of Companies, including Client Relationship Management, Payments Modernization, Enterprise Programs and Delivery Excellence. Prior to that role, Mr. Arnold held increasingly senior positions in Finance and Administration, including Executive Vice President, Strategy & Corporate Development and led CIBC's Finance Shared Services Division as Executive Vice President & Global Controller.
"I am thrilled to have the opportunity to join Íâ¹úÃÀŮɫÇéƬ as the organization pursues opportunities to accelerate its ongoing evolution at the centre of Canada's capital markets and increase its global presence," said Mr. Arnold. "I look forward to working together with the accomplished finance team and talented professionals across the enterprise to help build on its considerable strengths and chart the course for sustained success into the future."
Mr. Arnold is a graduate of the University of Cape Town and holds the Fellow Chartered Professional Accountant (FCPA, FCA) designation awarded by CPA Ontario. He has an ICD.D designation from the Institute of Corporate Directors, and served in leadership roles across various charitable campaigns during his time at CIBC, including Sick Kids Leaders, Run for the Cure and the United Way.
Frank Di Liso, Vice President, Corporate Finance and Administration, who assumed the role of interim CFO on August 17, 2020, continues as interim CFO until May 31, 2021 and will remain a senior leader in the organization. "On behalf of the entire organization, I would like to thank Frank for his contribution to the senior management team and for his steadfast leadership of the finance group throughout this interim period," added Mr. McKenzie.
About Íâ¹úÃÀŮɫÇéƬ (TSX:X)
Íâ¹úÃÀŮɫÇéƬ operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. Íâ¹úÃÀŮɫÇéƬ's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, , , , and which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. Íâ¹úÃÀŮɫÇéƬ is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London and Singapore. For more information about Íâ¹úÃÀŮɫÇéƬ, visit our website at www.tmx.com. Follow Íâ¹úÃÀŮɫÇéƬ on Twitter: .
For more information, please contact:
Shane Quinn
Head of Communications and Public Affairs
Íâ¹úÃÀŮɫÇéƬ
416-947-4609
shane.quinn@tmx.com
Paul Malcolmson
Vice President, Enterprise Sustainability and Investor Relations
Íâ¹úÃÀŮɫÇéƬ
416-947-4317
paul.malcolmson@tmx.com