- Board of directors
Corporate Governance, Human Resources and Compensation Committee – Member
Mr. Seigneur joined the Board of Directors in January 2014. Mr. Seigneur is the President of Les Services de promotion et de publicité EFFIX Inc., the exclusive advertising and sponsorship sales agency for the Montreal Canadiens, the Bell Centre and Evenko, which he founded in 1986. Over the years, Les services de promotion et de publicité EFFIX Inc. has contributed to the corporate development of other partners in multiple fields.
In 1982, Mr. Seigneur joined the Montréal Canadiens as Vice-President Marketing. Between 1980 and 1982, he was Vice-President of Pinso Sports. From 1978 to 1980, Mr. Seigneur served as director of Marketing for the Québec division of the Bank of Montréal, and as Chief of Cabinet to the Canadian Minister of Supply and Services from 1976 to 1978. Between 1973 and 1976, Mr. Seigneur was Assistant to the Executive Vice-President of the Montreal Olympics organizing committee. Prior to that, Mr. Seigneur has been a professional representative for Procter & Gamble.
Mr. Seigneur attended St-Laurent and Ste‑Marie colleges, earned his B.A., and went on to complete a bachelor’s degree in business administration at the Université du Québec in Montréal in 1972.
President & CEO
Mr. Hennessey has been the President and Chief Executive Officer of the Corporation since September 2014. He is responsible for the strategies, direction and development of the Corporation and its subsidiaries.
Mr. Hennessey is a restaurant professional with over 27 years of experience in both franchise and corporate environments in both Canada and the United States. He is the former President and Chief Executive Officer of Bento Sushi, a North American private-equity owned sushi concept with over 400 sushi bars in both Canada and the United States.
Prior to his tenure as President & Chief Executive Officer of Bento Sushi from February 2011 to June 2014, Mr. Hennessey spent 11 years at Cara Operations Limited in different roles, including President of Harvey’s Restaurants and Senior Vice-President of Guest Experience, and also worked for 11 years at Darden Restaurants. Mr. Hennessey also worked as an independent consultant from June 2009 to March 2010 and on a contractual basis from April 2010 to January 2011.
Mr. Hennessey holds an undergraduate degree from Western University and a Master of Business Administration from the Rotman School of Management at the University of Toronto.
Audit and Risk Committee – Chairman
Mr. O’Connor joined the Board of Directors in January 2014. He is currently a corporate director, after a career as a Chartered Professional Accountant, including more than 30 years as audit partner with KPMG Canada from 1968 to 2009, a firm that provides audit, tax, and advisory services, and KPMG Barbados from 2009 to 2012. Mr. O’Connor retired in 2012. During his career Mr. O’Connor had various management responsibilities within KPMG, including heading one of the audit teams comprised of 65 professionals. He was also a member of various KPMG firm committees, including Professional Development and Information Technology Systems Audits. Mr. O’Connor is a member of the Québec Order of Chartered Professional Accountants.
He has experience with both SEC registrants and Canadian public companies as well as owner-managed businesses and not-for-profit organizations. His industry experience includes retail, Consumer products, financial institutions, as well as numerous other manufacturing and distribution businesses.
For the past ten years, Mr. O’Connor has been a member of the Board of Trustees of a private Foundation associated with Concordia University.
Pierre A. Raymond
Corporate Governance, Human Resources and Compensation Committee – Chairman
Mr. Raymond joined the Board of Directors in November 2014. He is currently a consultant and corporate director. Mr. Raymond retired in May 2014 from Stikeman Elliott LLP, a Canadian national law firm, where he was a partner in the Montreal office since 1985.
Mr. Raymond’s practice focused primarily on corporate finance and securities as well as public and private mergers and acquisitions.
Mr. Raymond served as a member of Stikeman Elliott’s Partnership Board and Executive Committee from 1997 to 2012 and as Chair of the firm from 2006 to 2012. Mr. Raymond holds a bachelor of law degree from the University of Montreal.
Audit and Risk Committee – Member
Mr. Forsayeth joined the Board of Directors in November 2014. He is currently Chief Excecutive Officer of Granite Real Estate Investment Trust, one of the largest publicly listed industrial real estate investment trusts in Canada where he previously held the position of Interim Chief Executive Officer and Chief Financial Officer between September 2015 and March 2016. Prior to that, Mr. Forsayeth was Chief Financial Officer of Granite Real Estate Investment Trust from July 2011 until September 2015. Mr. Forsayeth has over 30 years of financial reporting, capital markets and operating experience in a number of industries including hospitality and foodservice, real estate and property management as well as transportation and manufacturing.
He has held senior executive financial and operating positions in several large public and private Canadian organizations, including Intrawest Cayman LP, Cara Operations Ltd, Laidlaw Inc., Derlan Industries Limited and Bank of Montreal. Mr. Forsayeth is a CPA, CA and also spent nine years with Coopers & Lybrand (now PricewaterhouseCoopers) in various areas including the audit practice, the insolvency group, as well as a secondment in their London, England office.
Corporate Governance, Human Resources and Compensation Committee – Member
Ms. Zaarour joined the Board of Directors in March 2016. She is currently Chief Operating Officer of Real Ventures, Canada’s most active seed venture fund specializing in tech companies. Prior to her current role, Ms. Zaarour was a member of the executive team at Morneau Shepell since October 2015. Her mandate was to drive integration of services across the lines of businesses, deliver further growth through innovative offerings and improve the enterprise effectiveness and profitability. From November 2011 until May 2015, she was Vice-President, People & Culture of CBC/Radio-Canada, delivering the Corporation’s human resources and labour relation services under a large re-structuring plan. Before that, Ms. Zaarour spent close to 6 years in South America as Vice-President of Business Transformation of the Argentinean airline Aerolineas Argentinas, where she led the implementation of the company’s transformation plan, and as a Senior Advisor at Matlin Patterson Global Advisors LLC, an American private equity firm specialized in distressed investments, where she performed due diligence of potential acquisitions, developed and led the execution of the restructuring plans. Ms. Zaarour had also occupied senior management positions at the International Air Transport Association (IATA) and Air Canada.
Ms. Zaarour holds a Bachelor of Science in Computer Science from the Lebanese American University in Beirut and an MBA from Concordia University. She was a member of two boards of directors during her tenure at MatlinPatterson Global Advisors LLC, and she was until recently on the Pension Board of Trustees of CBC/Radio-Canada.
David D. Sgro
Mr. Sgro joined the Board of Directors in March 2016. He is a Senior Managing Director of Crescendo Partners, L.P, an investment firm based in New York City, and has held various positions at Crescendo since 2005. Mr. Sgro is also currently the Director of Research of Jamarant Capital LP, which he co-founded in 2015. He has also held executive-level positions with numerous special purpose acquisition companies, including Rhapsody Acquisition Corp, Trio Merger Corp, Quartet Merger Corp and Harmony Merger Corp.
Mr. Sgro currently serves on the board of directors of Hill International (NYSE: HIL), Pangaea Logistics Solutions (NASDAQ: PANL) and BSM Technologies (TSX: BSM). Mr. Sgro was previously on the board of Harmony Merger Corp., SAExploration Holdings, Quartet Merger Corp, Trio Merger Corp, Bridgewater Systems, Inc., Primoris Services Corp, and COM DEV International. From 1998 to 2003, he worked as an analyst at Management Planning, Inc., a firm engaged in the valuation of privately held companies, and MPI Securities, a boutique investment bank.
Mr. Sgro received a B.S. in Finance from The College of New Jersey in 1998 and an M.B.A. from Columbia Business School in 2005. In 2001, he became a Chartered Financial Analyst (CFA) Charterholder. Mr. Sgro is a regular guest lecturer at the College of New Jersey and Columbia Business School.
Patrick H. Sugrue
Mr. Sugrue joined the Board of Directors in November 2014. He is currently the President and Chief Executive Officer of Saladworks, LLC, a 100-unit fresh-tossed salad franchise chain. Prior to that, he was the managing director of Hendon and Sugrue from 2014 to 2016 and an investor and business consultant leveraging his extensive executive experience in the manufacturing, corporate and franchise retail, packaged goods and restaurant industries. He also served as President and Chief Operating Officer of Sofina Foods, a Markham, Ontario based privately held premium meats and deli company from 2012 to 2014. From November 2010 to May 2012, he was President and Chief Executive Officer of Fearmans Pork Inc., a private equity owned pork processing business acquired by Sofina, and Chief Operating Officer of Honeybaked Ham Company from January 2008 to January 2010.
Mr. Sugrue began his career in Consumer Packaged Goods with The Gallo Winery and The Coca-Cola Company and has an undergraduate degree from Bowling Green State University and an MBA from Emory University. He is a faculty member of the Terry College of Business at the University of Georgia. He previously served on the board of directors of Vida Holding Inc. a venture capital green technology firm in Burlington, Ontario and lives in Palm Coast, Florida.
Audit and Risk Committee – Member
Ms. LaBerge joined the Board of Directors in June 2016. She is currently the Senior Vice President, Global Brands and Communication at BRP. She is a business executive with 20 years of experience of brand and marketing experience in the telecommunication industry. In 1996, Ms. LaBerge began her career at TELUS, the second largest telecommunications company in Canada. Since 1998, Ms. LaBerge has held various management positions within TELUS and she has been acting up until May 2016 as Vice President, Brand and Marketing Communications. She was honored as a winner of the 2011 Strategy magazine’s Marketer of the Year award and the 2011 Québec Women in Business award.