Lawrence E. Davis

Experience

• 

  Ernst & Young

  Sept 1984 - Sept 1987

  Manager, Toronto Business Advisory Group
• 

  PricewaterhouseCoopers

  Sept 1987 - Sept 1992

  Vice President
• 

  Crosbie & Company

  Sept 1992 - Sept 1993

  Partner
• 

  PricewaterhouseCoopers

  Sept 1993 - Sept 1997

  Vice President
• 

  Saturn Capital Corporation

  Sept 1997 - May 1999

  Partner
• 

  GDI Global Data Inc.

  May 1999 - Jun 2003

  President and Chief Executive Officer
• 

  Dynamic Nutritional Ltd.

  Jun 2003 - Feb 2005

  Chief Financial Officer
• 

  Hydrogenics Corporation

  Feb 2005 - Aug 2011

  Chief Financial Officer and Corporate Secretary

  Recruited to this TSX/NASDAQ listed alternative energy company, to support the growth of the business, secure the requisite capital to implement the growth plans and communicate the investment thesis to the capital markets. Selected achievements included developing and implemented a comprehensive investor relations strategy resulting in increasing analyst coverage from two to seven institutions throughout North America within 18 months, securing investments from leading alternative energy funding sources while increasing institutional ownership in select markets. I also structured and negotiated several customer alliance agreements, strategic partnerships and divestiture agreements. Show less

• 

  Workplace Safety and Insurance Board

  Jul 2011 - Apr 2015

  Chief Financial Officer

  Recruited to support the financial transformation of this $30 billion Ontario insurance entity. Overall responsibility for actuarial, investments, financial reporting and treasury functions and Co-Chair of a $2.5 billion DB pension plan. Within five years, the WSIB’s $14 billion deficit was reduced by more than 50% and annual cash losses of $1 billion moved to stable cash earnings exceeding $1 billion annually, allowing the WSIB to eliminate its $14 billion deficit well ahead of legislated targets. Show less

• 

  Syncordia Technologies and Healthcare Solutions, Corp.

  May 2015 - Sept 2016

  Chief Financial Officer

  Recruited to lead Syncordia’s go-public transaction to become a reporting issuer, secure equity capital to fund acquisitions and establish the necessary systems and processes to support an aggressive growth strategy for this US based provider of software billing solutions for the US healthcare industry. Selected achievements included leading Syncordia’s go-public transaction and concurrent financing for becoming a reporting issuer and establishing all precedent documents and processes for mergers and acquisitions activities and financial and regulatory reporting. Show less

• 

  BCI

  Sept 2016 - Sept 2020

  Senior Vice President, Finance

  Recruited to support the transformation of this C$180 billion institutional investor. Overall responsibility for financial and KPI reporting, performance and attribution measurement, taxation and executive sponsor of a multi-year book of record implementation. Oversaw the build out people, processes and technology to support asset internalization and introduction of complex investment products/strategies while garnering stakeholder support for corporate strategy and associated financial and operational metrics (KPIs). Show less

• 

  Self-employed

  Sept 2020 - now

  Saturn Capital Corporation

  I assist organizations scale up or transform their business by complimenting their executive team with proven C-Suite experience. What I do, along with my approach can be seen on my website at www.lawrencedavis.ca