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AGT Food and Ingredients Inc (AGT.TO)

AGT.TO on Toronto Stock Exchange

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Summary

Name Age Since Current Position

Huseyin Arslan

2009 Executive Chairman of the Board

Murad Al-Katib

2009 President, Chief Executive Officer, Director

Howard Rosen

2014 Vice Chairman of the Board, Lead Independent Director

Lori Ireland

2007 Chief Financial Officer

Gaetan Bourassa

2007 Chief Operating Officer

Drew Franklin

2012 Independent Director

John Gardner

54 2011 Independent Director

Marie-Lucie Morin

60 2016 Independent Director

Gregory Stewart

2016 Independent Director

Biographies

Name Description

Huseyin Arslan

Mr. Huseyin Arslan is Executive Chairman of the Board of AGT Food and Ingredients Inc. He founded Saskcan Pulse Trading Inc. (“Saskcan”) in 2001 with Mr. Arslan, and has led its expansion as a processor and seller of pulses and specialty crops as AGT’s President and CEO. After the amalgamation of Saskcan and the Fund’s then operating company, Agtech Processors Inc. (“Agtech”), in August 2007, Mr. Al-Katib joined the board of trustees of the Fund, and assumed the role of President and CEO of the Fund’s new amalgamated operating company, APP. In January 2008 he was appointed Chairman of the board of trustees of the Fund and on the conversion of the Fund from an open-ended unit trust to a dividend-paying corporation (the “Conversion”), he was appointed President and CEO and a director of AGT. Mr. Al-Katib completed a Masters from the Thunderbird School of Global Management in Arizona and a Bachelor of Commerce from the University of Saskatchewan, and then worked in international trade promotion for the Government of Saskatchewan. Mr. Al-Katib has served as the current Chair of the Regina Regional Opportunities Commission and on the Board of the Asia Pacific Foundation of Canada as well as having served as a representative of industry on many prestigious advisory panels and committees for the Government of Canada. Mr. Al-Katib has been the recipient of a number of prestigious awards. He was named to Canada’s “Top 40 under 40”’ by the Globe and Mail in 2005 and PROFITGuide Magazine’s list of Canada’s “30 Most Fabulous Entrepreneurs of the Past 30 Years” in 2012 and Western Producer’s list of “44 Innovators Who Shaped Prairie Agriculture”. He has also received multiple Saskatchewan Business of the Year ABEX and Saskatchewan Trade and Export Partnership “Exporter of the Year” Awards and the BASF/Saskatchewan Pulse Growers Pulse Promoter Award. Further, Mr. Al-Katib was awarded the Queen’s Diamond Jubilee Medal in 2012.

Murad Al-Katib

Mr. Murad Al-Katib is President, Chief Executive Officer, Director of AGT Food and Ingredients Inc. He founded Saskcan Pulse Trading Inc. (“Saskcan”) in 2001 with Mr. Arslan, and has led its expansion as a processor and seller of pulses and specialty crops as AGT’s President and CEO. After the amalgamation of Saskcan and the Fund’s then operating company, Agtech Processors Inc. (“Agtech”), in August 2007, Mr. Al-Katib joined the board of trustees of the Fund, and assumed the role of President and CEO of the Fund’s new amalgamated operating company, APP. In January 2008 he was appointed Chairman of the board of trustees of the Fund and on the conversion of the Fund from an open-ended unit trust to a dividend-paying corporation (the “Conversion”), he was appointed President and CEO and a director of AGT. Mr. Al-Katib completed a Masters from the Thunderbird School of Global Management in Arizona and a Bachelor of Commerce from the University of Saskatchewan, and then worked in international trade promotion for the Government of Saskatchewan. Mr. Al-Katib has served as the current Chair of the Regina Regional Opportunities Commission and on the Board of the Asia Pacific Foundation of Canada as well as having served as a representative of industry on many prestigious advisory panels and committees for the Government of Canada. Mr. Al-Katib has been the recipient of a number of prestigious awards. He was named to Canada’s “Top 40 under 40”’ by the Globe and Mail in 2005 and PROFITGuide Magazine’s list of Canada’s “30 Most Fabulous Entrepreneurs of the Past 30 Years” in 2012 and Western Producer’s list of “44 Innovators Who Shaped Prairie Agriculture”. He has also received multiple Saskatchewan Business of the Year ABEX and Saskatchewan Trade and Export Partnership “Exporter of the Year” Awards and the BASF/Saskatchewan Pulse Growers Pulse Promoter Award. Further, Mr. Al-Katib was awarded the Queen’s Diamond Jubilee Medal in 2012.

Howard Rosen

Mr. Howard N. Rosen is Vice Chairman of the Board, Lead Independent Director of AGT Food and Ingredients Inc. He is the senior managing director of FTI Consulting, a business and regulatory consulting firm. From April 2004 to March 2009, he was the managing director of LECG Canada, Ltd., also a business and regulatory consulting firm. Before that he was a principal of LRTS from May 1998 to April 2004, and a partner with Arthur Andersen from June 1992 to May 1998. He is a former director and member of the audit committee of The Medipattern Corporation, having resigned in February 2013. Mr. Rosen was also a director of Betacom Corp. from October 2002 to November 2003. Mr. Rosen holds a Bachelor of Business Administration degree from the York University Business School, and is a Chartered Professional Accountant, Chartered Business Valuator, Accredited Senior Appraiser, and Certified Fraud Examiner.

Lori Ireland

Ms. Lori Ireland is Chief Financial Officer of AGT Food and Ingredients Inc. She is a Chartered Professional Accountant and a Certified Management Accountant with over 20 years’ experience in agricultural accounting. Ms. Ireland worked as an Accountant for Heartland Livestock for three years managing the implementation and related staff training of the livestock Feeder Finance program through Farm Credit Canada. Ms. Ireland spent the next several years in Special Crops Accounting at the Saskatchewan Wheat Pool (Viterra), with duties including all aspects of grain accounting as well as being appointed Project Manager for the implementation of a new Grain Accounting Reporting Package that was designed for the Grain Accounting and Marketing areas of the company. In 2002, Ms. Ireland joined Saskcan as CFO and was named CFO of AGT in 2007, serving in this role to the present. Ms. Ireland was also on contract with the Society of Management Accountants for several years and acting as a Moderator for the Strategic Leadership Program. This position involved the mentoring of candidates as they learn various areas of management, including: strategic planning, human resources management, treasury, decision making and report writing.

Gaetan Bourassa

Mr. Gaetan Bourassa is Chief Operating Officer of AGT Food and Ingredients Inc. He is responsible for all merchandising, plant operations and marketing programs for AGT and its subsidiaries globally. Mr. Bourassa brings over 20 years of experience in facility management, plant operations and merchandising activities in the global pulse industry. After completing his business studies in 1992, he joined the marketing team at Best Cooking Pulses, Canada’s first pea splitter, where he spent 12 years working as the General Manager. In 2005, Mr. Bourassa joined AGT, assuming the role of Vice President of Marketing and Operations in 2006 and COO in 2009. Mr. Bourassa has been a driving force in establishing AGT as a world leader in split and value-added pulse production and export, overseeing an export program to over 120 countries. He is a proven risk manager, leading the development of many new sales programs.

Drew Franklin

Mr. Drew Franklin is an Independent Director of AGT Food and Ingredients Inc. He has worked extensively in consumer packaged goods for over 30 years with some of the industry’s top companies including Procter & Gamble, General Mills and S.C. Johnson. Currently, Mr. Franklin is Vice President and General Manager of ASEAN for S.C. Johnson; responsible for a market of 650 million consumers through 10 countries in Southeast Asia with full P&L responsibility. All general managers, country managers, marketing and sales teams report to Mr. Franklin as the company’s senior officer in charge of the region. Prior to his current role, Mr. Franklin served as Global Vice President of the $1.5 billion Home Storage (Ziploc) brand at the company’s international headquarters in Racine, Wisconsin. Mr. Franklin was also President and General Manager of S.C. Johnson Canada from 2004-2007, where he was accountable to the board of directors while overseeing multiple factories and all functions, operations and P&L responsibility for the subsidiary. During this time, Mr. Franklin also served as Chairman of the Canadian Consumer Specialty Products Association, the Corporations Sharing Responsibility Organization, while also sitting on the Food and Consumer Products Manufacturers Council and was chair of its policy committee. A graduate of the Sobey School of Business at Saint Mary’s University in Halifax, Nova Scotia, Canada, Mr. Franklin has worked extensively in brand management, sales and general management roles throughout North America and the globe. He has served on company boards in Canada, Europe, South America, Asia and the United States. Mr. Franklin also sat on the Advisory Council for the MBA Brand and Product Management program at the University of Wisconsin in Madison. Prior to S.C. Johnson, Mr. Franklin oversaw key business units at General Mills Canada, and prior to that began his career at Procter and Gamble. He resides in Racine, Wisconsin with his wife and children.

John Gardner

Mr. John Michael Gardner is Independent Director of AGT Food and Ingredients Inc. He is an experienced CEO with a career spanning the retail food, food service and office furniture industries. Mr. Gardner is the President & CEO and Director of Gardner Advisory Services Inc.; a corporation providing general management and strategic planning consultation to smaller and medium sized corporations. In connection with this, Mr. Gardner is the President & CEO, and Director of Ergo Industrial Seating Systems Inc. Canada’s foremost designer and manufacturer of ergonomic seating solutions for the office and healthcare environments. Other company board experience includes serving as the Executive Chairman of Genesis Worldwide Inc., a company listed on the Toronto Stock Exchange (the “TSX”) and AIM of the London Stock Exchange and as director of The Econo-Rack Group Inc., a Canadian private corporation. Mr. Gardner is a past President & CEO of Sysco Food Services of Toronto and a past President of Lumsden Brothers Ltd. and TRA Newfoundland Ltd., both of whom are subsidiaries of Sobeys Inc. A graduate of The Chartered Directors programme from McMaster University Mr. Gardner also holds an MBA from Memorial University of Newfoundland, is a member of the Institute of Chartered Professional Accountants of both Ontario and Newfoundland and was awarded a Fellowship of the Institute of Chartered Professional Accountants of Newfoundland.

Marie-Lucie Morin

Ms. Marie-Lucie Morin is Independent Director of the company. She has been an independent consultant and corporate director since her retirement from the World Bank. Prior to her current occupation, Ms. Morin served as Executive Director for Canada, Ireland and the Caribbean at the World Bank from 2010 to 2013. Before joining the World Bank, Ms. Morin pursued a 30-year career in the Canadian Federal Public Service. She was appointed National Security Advisor to the Prime Minister and Associate Secretary to the Cabinet in November in 2008; previously she served as Deputy Minister for International Trade and as Associate Deputy Minister of Foreign Affairs. During the earlier years of her career with the Department of Foreign Affairs and International Trade, Ms. Morin completed assignments in San Francisco, Jakarta, London and Moscow. In 1997, she was appointed Ambassador to the Kingdom of Norway with concurrent accreditation to the Republic of Iceland. Ms. Morin was awarded the Governor General’s 125th Anniversary of the Confederation of Canada Medal and she was named Chevalier de la Légion d’honneur in 2012. Ms. Morin has also served on a number of boards and advisory committees, she was an advisor to the Canada Transportation Act Review panel and is currently a member of the Security Intelligence Review Committee. Ms. Morin, a lawyer, is a graduate of the Université de Sherbrooke. In December 2016, Ms. Morin was named as a Member of the Order of Canada.

Gregory Stewart

Mr. Gregory Shawn Stewart is Independent Director of the company. He has been an independent consultant and corporate director since his retirement from Farm Credit Canada (“FCC”). Mr. Stewart is the past President and Chief Executive Officer at FCC. Mr. Stewart’s career at FCC spanned 27 years, 16 years of which were in a senior leadership capacity, and his final seven years as the President and CEO. He retired from FCC in 2014. Mr. Stewart is a champion of risk management practices, and was instrumental in developing and maturing FCC’s risk management profile. Under his leadership, FCC’s national loan portfolio and income increased significantly. Among other high-performance initiatives to impact culture and accountability at FCC, Mr. Stewart led a multi-year multi-million dollar program to improve business processes and implement technological transformations. He also volunteers his time as a board member for Habitat for Humanity Canada, Food Banks Canada, and serves as a board member for the Bank of Canada. He holds a Chartered Director designation from the Directors College, and a Bachelor of Science (Agriculture) degree from the University of Manitoba.

Basic Compensation

Name Fiscal Year Total

Huseyin Arslan

1,762,500

Murad Al-Katib

2,875,500

Howard Rosen

184,800

Lori Ireland

924,800

Gaetan Bourassa

1,573,500

Drew Franklin

86,400

John Gardner

119,600

Marie-Lucie Morin

45,000

Gregory Stewart

45,900
As Of  30 Dec 2016