TORONTO – Specialty investment company Difference Capital Financial announced today the appointment of Jim Shaw and Ivan Fecan to its board of directors.
Shaw is best known for his 12 years as CEO of Shaw Communications. He joined the company his father founded in 1982, moving through a succession of leadership positions in the company. Under his leadership as CEO, the share price of Shaw Communications increased 11% per year and the company became a leader in the North American cable industry. Currently, he serves as a director of Shaw Communications Inc. and United Communities L.P.
Fecan was president and CEO of Baton Broadcasting and its successor CTVglobemedia from 1996 to 2011, and CEO of the CTV Television Network from 1998 to 2011. Before joining CTV, he served in a number of broadcast executive and programming roles in Canada and the United States. Currently, he is chairman and consultant of Vancouver-based producer Thunderbird Films (one of the companies which is financed by Difference Capital.
"We are very fortunate to have Jim Shaw and Ivan Fecan join our board," said Michael Wekerle, executive chairman of DCF, in the press release. "Jim and Ivan both have proven track records as entrepreneurs, deal makers, and business leaders, which will bring additional strength and public company experience to DCF's board."
Astute Cartt.ca readers will remember Wekerle as one of the 2012 bidders for the 88.1 FM radio license which was awarded to Rock 95. DCF’s executive vice-chairman is former CTVgm EVP corporate affairs, Paul Sparkes.
"I am excited to join DCF's board of directors," said Jim Shaw in the release. "I am impressed with the dynamic team at DCF, and believe they are focused on the right sector.”
"Michael Wekerle is renowned for being in the right space at the right time, and building great teams. He is doing it again. I look forward to working with the board and DCF's management as they continue to grow," said Ivan Fecan, in the release.
