People: MFC Industrial Ltd (MIL)

MIL on New York Consolidated

9.00USD
17 May 2013
Price Change (% chg)

$-0.01 (-0.11%)
Prev Close
$9.01
Open
$9.01
Day's High
$9.11
Day's Low
$8.96
Volume
111,457
Avg. Vol
136,188
52-wk High
$10.39
52-wk Low
$6.65

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Summary

Name Age Since Current Position

Michael Smith

 63 2010 Chairman of the Board, President, Chief Executive Officer, Interim Chief Financial Officer

Ravin Prakash

 2011 Director, Executive Chairman - Magnum Minerals Private Limited

Indrajit Chatterjee

 67 2005 Independent Director

Robert Rigg

 68 2010 Independent Director

Shuming Zhao

 61 2004 Independent Director
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Biographies

Name Description

Michael Smith

 Mr. Michael J. Smith is Chairman of the Board, President, Chief Executive Officer, Interim Chief Financial Officer of MFC Industrial Ltd. (formerly Terra Nova Royalty Corp.). Mr. Smith has been Chairman since 2003 and a director of company since 1986. Mr. Smith was appointed Chief Executive Officer in March 2010. He was Chief Financial Officer from 2003 until October 16, 2007, is currently interim Chief Financial Officer and was Secretary until March 1, 2008. Mr. Smith was also Chief Executive Officer between 1996 and 2006. Mr. Smith was also previously the President, Chief Executive Officer, Secretary and a director of Mass and served as a director and officer of various public companies. Mr. Smith has experience in corporate finance, restructuring and taxation planning.

Ravin Prakash

 Mr. Ravin Prakash serves as the Director, Executive Chairman - Magnum Minerals Private Limited of MFC Industrial Ltd. (formerly Terra Nova Royalty Corp.). Mr. Prakash has been a director of company since 2011. Mr. Prakash is the Executive Chairman of Magnum Minerals Private Limited. He has over 35 years of corporate banking and financial management experience, specialized in recovery and restructuring of doubtful assets, the raising of project and trade finance and risk assessment.

Indrajit Chatterjee

 Mr. Indrajit Chatterjee is Independent Director of MFC Industrial Ltd. (formerly Terra Nova Royalty Corp.). Mr. Chatterjee is a retired businessman who was formerly responsible for marketing with the Transportation Systems Division of General Electric for India. Mr. Chatterjee is experienced in dealing with Indian governmental issues.

Robert Rigg

 Mr. Robert Ian Rigg is Independent Director of MFC Industrial Ltd. (formerly Terra Nova Royalty Corp.). Mr. Rigg is a retired accountant and holds a commerce degree in economics and accounting from the University of Melbourne and was a member of the Institute of Chartered Accountants in Canada. Mr. Rigg has experience as both a director and chief financial officer of several public companies.

Shuming Zhao

 Dr. Shuming Zhao is Independent Director of MFC Industrial Ltd. (formerly Terra Nova Royalty Corp.). Dr. Zhao is Chair Professor and Honorary Dean of the School of Business, Nanjing University, the People’s Republic of China. He serves as President of the International Association of Chinese Management Research (IACMR, Third Term), Vice President of Chinese Society of Management Modernization, President for Jiangsu Provincial Association of Human Resource Management, and Vice President of Jiangsu Provincial Association of Business Management and Entrepreneurs. Since 1994, Dr. Zhao has acted as management consultant for several Chinese and international firms. Dr. Zhao is also a director of Little Swan Company, Ltd. (China) and Daqo New Energy Corp. (China). Dr. Zhao has organized and held seven international symposia on multinational business management in 1992, 1996, 1999, 2002, 2005, 2008 and 2011. Since 1997, Dr. Zhao has been a visiting professor at Marshall School of Business, University of Southern California and the College of Business, University of Missouri-St. Louis. Dr. Zhao has lectured in countries including the United States, Canada, Japan, Singapore, South Korea, the United Kingdom, Germany, the Netherlands, Portugal, and Australia.

Basic Compensation

Name Fiscal Year Total

Michael Smith

 1,694,020

Ravin Prakash

 961,888

Indrajit Chatterjee

 --

Robert Rigg

 --

Shuming Zhao

 --
As Of 30 Dec 2011

Options Compensation

Name Options Value

Michael Smith

 527,000 1,110,120

Ravin Prakash

 0 0

Indrajit Chatterjee

 0 0

Robert Rigg

 0 0

Shuming Zhao

 0 0

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