BOARD OF DIRECTORS

John Mackay, Director and Executive Chairman

John is a co-founder, Executive Chairman and Director of Mosaic Capital Corporation. He has over 30 years of experience as an entrepreneur taking his first company public in 1988. For 11 years, he practiced law, as a Partner at McCarthy Tetrault LLP in the Corporate Finance and Mergers and Acquisitions group, where he was involved with over $1 billion worth of transactions. Over the past 10 years John has been involved in starting, acquiring and running many successful private and public companies in a wide variety of businesses in both domestic and international markets. John’s involvement in these businesses include corporate finance, strategic development, business plan execution, M&A execution and litigation.

John is past Chair of the Securities Law Subsection of the Canadian Bar Association and is a past member of the Securities Advisory Committee to the Alberta Securities Commission. He received a Bachelor of Law (Honours) from the University of Durham in the United Kingdom in 1993 and has been a member of the Law Society of Alberta since 1994.


Harold Kunik, Director and President (1)

Harold is a co-founder, President and Director of Mosaic Capital Corporation. He has over 20 years of experience as a private equity and venture capital fund manager, in corporate turn-arounds and restructurings. He began his career with KPMG Peat Marwick doing corporate restructurings and business planning for clients across a broad range of industries. He then joined Western New Ventures Capital Corporation, a private equity firm where he became a partner and played a key role as chief financial officer and as a director of several of the investee companies. In 2001, he joined Avenir Capital Corporation, a private equity fund as Managing Director, Investments, and later managed the Avenir Growth Fund. Harold is a Certified Management Accountant (CMA) and Chartered Accountant (CA).


William H. Smith, Director and Vice Chairman (1)

Bill has over 40 years of experience as an advisor to public and private companies, individuals and corporations. He is a former senior partner at McCarthy Tetrault LLP in the Corporate Finance and Mergers and Acquisitions group, where he was involved in over $3 billion worth of transactions. Bill is the former Executive Vice President of a $4 billion international oil and gas company, the past Executive Director of the Alberta Securities Commission and was the Chair of the Alberta Securities Advisory Committee for 10 Years. Bill is currently a director of several public and private companies.


Gary Bentham, Director (1)

Gary is the principal of BTM Advisory, founded in 2005 that provides corporate finance, restructuring and business advisory services to companies in Canada and the United States. He has facilitated corporate transactions, restructurings and financings in the real estate development, energy services, manufacturing and financial services industries. Previously in his career, Gary was a corporate recovery and audit partner with KPMG Canada where he served public and private company clients and served on KPMG Canada’s Board of Directors for five years.

Currently, Gary is a director of several public and private companies and recently completed a six-year term as a member of the SAIT Polytechnic Board of Governors. Gary is a Chartered Professional Accountant, a Chartered Insolvency and Restructuring Professional and a member of the Canadian Institute of Corporate Directors.


Roger Giovanetto, Director

Roger has over 40 of business experience and is a director of Mosaic. His principal occupation has been as President of R&H Engineering (1986) Ltd., a metallurgical, materials and corrosion engineering services company which specializes in the areas of chemical and materials engineering with a focus on oilfield optimization, completions and chemical treatments. He has been instrumental in developing business operations in Siberia, renovating existing oilfields and also assisted in establishing several chemical manufacturing facilities in Siberia and Iran. Roger was also President of King Energy Inc., a public company specializing in the development, acquisition and production of oil and gas reserves in Alberta. During his career, he has served as a director for several publicly listed companies. Roger holds a Bachelor of Science degree in Metallurgical Engineering from the University of Alberta.

(1) Member of the audit committee