Viterra picks VANOC VP as new CFO
| 1 min read
By FBC staff
The chief financial officer for Vancouver 2010, that city’s Olympic organizing committee, has been named the new CFO at Canada’s biggest grain company.
Viterra on Thursday announced Rex McLennan will join the company Feb. 4, replacing David Carefoot.
McLennan, as Viterra’s CFO, will run the company’s financial and risk management operations from its Calgary office and “build the infrastructure of financial programs, policies and controls,” the Regina-based grain firm said in a release.
Before joining Vancouver 2010 (VANOC), McLennan held several positions at mining company Placer Dome and was its CFO and executive vice-president from 1997 until it was bought by Barrick Gold in 2005. He also previously worked in management at Imperial Oil.
Carefoot had been the CFO of Agricore United since April 2006 and remained in that position through AU’s merger with Saskatchewan Wheat Pool as Viterra. The company’s news release Thursday said Carefoot will stay with the company until the end of February “to assist with transitioning.”