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Cortex Business Solutions Inc (CBX.V)

CBX.V on TSX Venture Exchange

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Summary

Name Age Since Current Position

Randall Henderson

2014 Chairman of the Board

Joel Leetzow

2015 President, Chief Executive Officer, Director

Sandra Weiler

2006 Chief Financial Officer

Grant Billing

63 2013 Director

Scott Lamacraft

2014 Director

Keith Powell

69 2000 Independent Director

Mark Ripplinger

2006 Independent Director

Biographies

Name Description

Randall Henderson

Mr. Randall D. Henderson serves as Chairman of the Board of Cortex Business Solutions Inc. He is a Chartered Accountant, ICD.D, senior finance executive and corporate director who has consulted to the board of directors and executive management teams since 2005. Since 2001, Mr. Henderson has served in either a fulltime or consulting capacity as the Chief Financial Officer of several significant public and private entities. He is President of Henderson Corporate Financial Consulting Inc. Mr. Henderson has been a director and chairman of the audit committees of Cortex Business Solutions Inc. since 2011, PGNX Capital Corp. from 2008 to 2014, and currently Chairman of the Audit Committee of Harvest Operations Corp.

Joel Leetzow

Mr. Joel Leetzow is President, Chief Executive Officer, Director of the Company. A native of Elkhorn Wisconsin, Joel brings more than 25 years of experience working in leadership roles with technology companies in both Canada and the United States. Most recently, Joel served as the President of Scancode, a Toronto-based software company that was acquired by Descartes Systems Group. Previously, Joel led several technology-based growth initiatives across North America and he has been repeatedly recognized for his sales and team leadership skills. Mr. Leetzow has been granted six (6) million stock options that are being awarded under the terms of the Company's Stock Option Plan (the “Plan”) as approved by the shareholders and TSXV exchange in June 2014. The options will vest 1/3 each year over a three-year period from date of grant. The strike price of the stock options is determined in accordance with the provisions of the Plan and the rules as defined by the TSX Venture Exchange, being market value the day prior to issuance (May 4, 2015) for a strike price of $0.08 per share. The Corporation has determined that exemptions from the various requirements of the TSX Venture Exchange Policy 5.9 are available for the issuance of the options.

Sandra Weiler

Ms. Sandra L. Weiler is an Chief Financial Officer of Cortex Business Solutions Inc., since July 26, 2005.

Grant Billing

Mr. Grant D. Billing is Director of the Company. He is a Corporate Director with over 30 years’ experience in various senior management roles such as the Chairman and CEO of Superior Plus Corp, President and CEO of Norcen Energy Resources Ltd and Sceptre Resources Limited. Mr. Billing has served as a director of several Public Companies and is currently a Director of Pembina Pipeline Corporation. He is a Chartered Accountant and received his Bachelor of Science degree from the University of Calgary.

Scott Lamacraft

Mr. Scott Lamacraft is Director of the Company. He ia Chartered Financial Analyst, has been in the investment business since 1993 and has been CEO of Cormark Securities Inc, since September 2001. Mr. Lamacraft previously served on the Boards of Blue Gold Mining Inc., a Canadian mineral exploration company, Waldorf Academy and Community Food Centres Canada.

Keith Powell

Mr. Keith Powell is an Independent Director of Cortex Business Solutions Inc. He is a retired business executive. He continues to be active in the business world by sitting on a number of Boards in both the Public and Private sectors. Prior to retirement he was principal in his own consulting company, active on a number of Boards and involved in a broad range of speaking engagements. His clients included companies like BCE, Manulife Financial, Teleglobe, Excel Communications and Group Telecom to name a few. In his corporate life Keith worked for Nortel where he held ever increasing responsibility over a 20 year period. These roles included Senior Vice President, Information Services and Chief Information Officer, VP Customer Service, North America, VP Quality, VP Manufacturing, Switching, and Director of Supply Chain Management. Prior to Nortel he held various manufacturing and supply chain management roles at Pratt and Whitney Aircraft of Canada Ltd. He holds an MBA from McGill University and a B.Sc from Concordia University in Montreal.

Mark Ripplinger

Mr. Mark Stephen Ripplinger is an Independent Director of Cortex Business Solutions Inc. He is Currently President and Chief Executive Officer of Everlink Payment Services and President, Mark Ripplinger Consulting Services; previously, Mr. Ripplinger held executive positions with several major organizations, including: Vice-President, Technology and CIO with Canadian Payments Association (CPA); Senior Vice-President and CIO with ATB Financial; Vice-President and CIO with Crown Life Insurance Company; Vice-President of Systems with Co-Operators Financial Services; Partner with Sierra Systems; Business Development Executive with EDS; Solutions Development Manager with Cisco Systems; and Director, Sales & Marketing with CDSL/CGI.

Basic Compensation

Name Fiscal Year Total

Randall Henderson

--

Joel Leetzow

507,197

Sandra Weiler

287,410

Grant Billing

--

Scott Lamacraft

--

Keith Powell

--

Mark Ripplinger

--
As Of  30 Jul 2015