Edition:
United States

Extendicare Inc (EXE.TO)

EXE.TO on Toronto Stock Exchange

9.86CAD
1:33pm EST
Change (% chg)

$0.06 (+0.61%)
Prev Close
$9.80
Open
$9.77
Day's High
$9.92
Day's Low
$9.73
Volume
98,633
Avg. Vol
306,872
52-wk High
$9.99
52-wk Low
$7.62

Summary

Name Age Since Current Position

Benjamin Hutzel

2013 Independent Chairman of the Board

Timothy Lukenda

President, Chief Executive Officer, Director

Frederic Waks

2016 Vice Chairman of the Board

Elaine Everson

2015 Chief Financial Officer

Paul Tuttle

2006 President - Canadian Operations

Jillian Fountain

1999 Corporate Secretary

Alan Hibben

62 2016 Director

Donna Kingelin

2016 Director

Gail Paech

2016 Director

Alan Torrie

2016 Director

Margery Cunningham

2010 Independent Director

Sandra Hanington

2014 Independent Director

Biographies

Name Description

Benjamin Hutzel

Mr. Benjamin J. Hutzel is Independent Chairman of the Board of Extendicare Inc. Mr. Hutzel is a retired partner of Bennett Jones LLP where he had an extensive national and international legal practice specializing in financings, acquisitions and divestitures and joint venture structuring (1994 – 2009). Mr. Hutzel serves on the board of the Woodbine Entertainment Group (a not-for-profit organization), and is chair of their human resources and compensation committee and a member of their audit committee.

Timothy Lukenda

Mr. Timothy L. Lukenda is President, Chief Executive Officer, Director of Extendicare Inc. Prior to joining Extendicare, Mr. Lukenda served as the President and Chief Operating officer of Tendercare (Michigan) Inc. for 11 years, a private operator of skilled nursing centres that was acquired by Extendicare on October 31, 2007, and as Vice President of Investment Banking at RBC Dominion Securities Inc. (1991 to 1995).

Frederic Waks

Mr. Frederic Waks is Vice Chairman of the Board of the Company. Mr. Waks is currently President and Chief Executive Officer of Trinity Development Group Inc., an Ottawa-based real estate development firm. Mr. Waks most recently held the position of President and Chief Operating Officer at RioCan Real Estate Investment Trust, a REIT with $15 billion in assets. Mr. Waks is also the Chair of the Campus Redevelopment Committee for Baycrest Health Centre, the Vice-Chair of Sunnybrook Hospital Foundation and is the incoming Chair for the Foundation, a Director of the Royal Ontario Museum and a Trustee of the Jewish Foundation of Greater Toronto.

Elaine Everson

Ms. Elaine E. Everson has been appointed as Chief Financial Officer of the Company. Ms. Everson has been with Extendicare in various financial roles since 1985, and has served as the company's vice-president and controller since 1994. Prior to joining Extendicare, Ms. Everson worked as a chartered accountant in public practice with Thorne Riddell, a predecessor firm to KPMG LLP. Ms. Everson is a CPA, CA and holds a bachelor of mathematics from the University of Waterloo.

Paul Tuttle

Mr. Paul Tuttle is President - Canadian Operations of Extendicare Inc. He has held the position of President of ECI since January 1, 2006. Mr. Tuttle joined ECI in June 2003 as Vice President of Eastern Operations. Prior to joining Extendicare Mr. Tuttle was the director of Long-Term Care Facilities for the Province of Ontario.

Jillian Fountain

Ms. Jillian E. Fountain is Corporate Secretary of Extendicare Inc. Ms. Fountain has held the position of Corporate Secretary of Extendicare since 1999. Ms. Fountain joined Extendicare in 1988 as a member of the financial reporting department.

Alan Hibben

Mr. Alan Roy Hibben is Director of the Company. Mr. Hibben is currently a director of Hudbay Minerals Inc. and the Mount Sinai Hospital Foundation. Mr. Hibben recently retired as a Managing Director in the Mergers and Acquisitions Group of RBC Capital Markets. Up until 2007, he held the position of Head, Strategy & Development at RBC Financial Group. In this role, he was responsible for corporate strategy as well as merger, acquisition and development activities for the bank. Since December 2014, Mr. Hibben has been a volunteer advisor to the Province of Ontario as part of the Premier's Advisory Council on Government Assets, including working with Ed Clark on the privatization of Hydro One. Mr. Hibben is a Chartered Accountant, a Chartered Financial Analyst, and an Institute-Certified Director (ICD.D).

Donna Kingelin

Ms. Donna Kingelin is Director of the Company. Ms. Kingelin is an experienced director who brings over 30 years of leadership and operating experience in the senior living industry to Extendicare's Board of Directors. Her experience includes the administration of nursing homes, independent retirement homes, assisted living complexes, skilled nursing facilities and home care, in public and private organizations. Ms. Kingelin is currently a principal of Kingswood Consulting, a partnership specializing in providing comprehensive services for long-term care, assisted living and independent retirement companies. Previously, Ms. Kingelin held the position of Managing Director at Holiday Corporation, a private independent retirement living company with over 300 communities across North America. Prior to that, she was a senior executive at Revera Inc. (1997 to 2010), a company wholly owned by the Public Service Pension Investment board (PSP Investments), providing accommodation, care and services to seniors in over 200 retirement and long-term care homes in North America, that was taken private in 2007 (formerly Retirement Residences REIT). Ms. Kingelin was Senior Vice President of Operations from 1997 to 2007, and Chief Operating Officer from 2007 to 2010, where she played a key role in taking the long-term care division public in 1997 as CPL Long Term Care REIT, followed by its acquisition in 2002 by Retirement Residences REIT, and back to private in 2007 when it was acquired by PSP Investments. Ms. Kingelin currently holds the position of Chair of the Board of Trustees for Lakeridge Health, one of Ontario's largest community hospitals, as well as past Chair of the Resource and Quality committees and past member of the Finance and Audit committees. In addition to her Lakeridge Board responsibilities, she is a Trustee and Chair of the Human Resource Committee of the Oshawa Public Utility Board of Trustees. Ms. Kingelin previously served as a member of the Ontario Long Term Care Association Board of Trustees.

Gail Paech

Ms. Gail Paech is Director of the Company. Ms. Paech has extensive experience in the Ontario health care sector and currently serves as Chief Executive Officer of Associated Medical Services Inc., a Canadian charitable organization that supports health professional education, compassionate care and bioethics. Ms. Paech served as Interim Chief Executive Officer of the Ontario Long-Term Care Association from August 2011 to June 2012. Previously, Ms. Paech served as Associate Deputy Minister of Economic Development and Trade in Ontario from 2009 until 2011, and Assistant Deputy Minister of Health and Long-Term Care in Ontario from 1998 until 2009. Between 1991 and 1998 she was the President and Chief Executive Officer of Toronto East General Hospital.

Alan Torrie

Mr. Alan Torrie is Director of the Company. Mr. Torrie is an experienced director who brings over 30 years of leadership and operating experience to Extendicare's Board of Directors. He is President and Chief Executive Officer of Morneau Shepell Inc., a TSX listed public company that is the leading provider of employee and family assistance programs, the largest administrator of pension and benefits plans and the largest provider of integrated absence management solutions in Canada, and a member of its Board of Directors. Mr. Torrie joined Morneau Shepell in 2005 as a Trustee of the then income fund and Chair of the Compensation and Corporate Governance Committee and became President in 2008 and CEO in 2009. Previously, Mr. Torrie amassed extensive experience as a senior executive in the seniors' housing and health and life science industries, including as Chief Operating Officer of Retirement Residences REIT from 2005 to 2007, before it was taken private as Revera Inc., and in a number of senior executive positions at MDS Inc. (a predecessor of Nordion Inc.) from 1987 to 2005, where he served as Executive Vice President of MDS Inc. (2003 to 2005), and as President and Chief Executive Officer of MDS Diagnostics and MDS Laboratories from 1999 to 2003. He has also served as Executive-in-Residence with Clairvest Private Equity, a Toronto-based private equity management firm, and earlier in his career as the President and CEO of Joseph Brant Hospital and Chief Operating Officer and Vice President of Humber Memorial Hospital. Mr. Torrie has served on numerous community boards and is currently a director and Chairman of the Finance Committee of Appleby College. In addition, he is the immediate past Chair of Trillium Health Partners and previously served on the board of Cynapsus Therapeutics Inc. (2006 to 2013) and as a member of its audit committee. Mr. Torrie holds a B. Sc in Biochemistry from McMaster University, a DHA in Healthcare Management from the University of Toronto and has completed the Advanced Manage

Margery Cunningham

Ms. Margery O. Cunningham CFA., is Independent Director of Extendicare Inc. Ms. Cunningham joined Avalere Health LLC, a leading advisory firm focused on health care business strategy and public policy, as a Vice President in August 2011. Prior thereto, Ms. Cunningham was with Lehman Brothers from 1997 to 2008, during which time she held numerous senior positions, including: Managing Director and Global Head of Product Training, Associate Director of Credit Research, and High Yield Bond Analyst.

Sandra Hanington

Ms. Sandra L. Hanington is Independent Director of Extendicare Inc. Ms. Hanington is President and Chief Executive Officer of the Royal Canadian Mint (effective February 11, 2015), and is co-founder and board chair of The Jack Project, promoting mental health and wellness for youth in Canada since 2010. Ms. Hanington served as a director on the board of the CMHC from February 2014 to February 2015. From 1999 to 2011, Ms. Hanington was with BMO Financial Group (BMO) in a number of senior executive roles in North America. Ms. Hanington was three times named by the Women’s Executive Network (WXN)™ as one of Canada’s Top 100 Most Powerful Women (2007, 2008 and 2009) and was inducted into to the WXN Hall of Fame in 2010.