Saxon Financial Inc. has named of Kevin Feeney as the company’s chief financial officer. Feeney has more than 25 years of experience in financial management, including service as CFO of Trimark Financial Corp. and Labatt Breweries of Canada.
“As a respected leader in Canada’s financial services Industry, Kevin Feeney will help Saxon continue to deliver long-term performance for both our clients and our shareholders,” said Allan Smith, Saxon’s president and CEO, in a release.
Feeney, a chartered accountant, will assume the role of CFO on November 14. He takes over from Steve Doty, who will return as planned to a senior financial position at CMA Holdings, Saxon’s largest shareholder.
Feeney spent six years with Trimark in the late 1990s, including four years as CFO and executive vp. Leading a team of more than 70 executives and staff he was responsible for meeting all the financial and regulatory demands on a public mutual fund company as it grew from $2 billion to $25 billion in assets under management. In addition to managing the firm’s finances, Feeney participated in the launch of a pension fund business and of new products including segregated funds, RSP funds and mutual fund trusts.
In addition to his work in financial services, Feeney brings expertise from his most recent role as CFO of Labatt Breweries of Canada (Interbrew S.A.).
“In the investment funds industry, Saxon is a company with tremendous growth potential,” Feeney said. “It’s exciting to join a newly public company that also has 20 years of remarkable performance under its belt, and I hope to play a major role in realizing and growing Saxon’s future investment results.”
Saxon Financial has three principal lines of business: Saxon Funds Management Ltd.; Howson Tattersall Investment Counsel Ltd.; and Howson Tattersall Private Asset Management Inc.