Equitable Group Inc. today announced that Stephen Coffey, senior vp and CFO, has resigned effective September 30, to pursue personal interests.
Equitable has established a search committee to identify potential successors to Coffey and ensure an orderly transition of his responsibilities, says Andrew Moor, Equitable Group’s President and CEO.
“Stephen has been a vital contributor to the success of the Equitable Group,” said Austin Beutel, chairman of the board, in a news release.
“Since joining the company in 2001, he has provided strong leadership and wise financial counsel during a period of profitable and efficient growth, which included the company’s initial public offering. We thank him for his commitment and dedication.”
Equitable Group Inc. is a niche mortgage lender that focuses on single family dwelling, multi-unit residential and commercial mortgage financing in selected geographic territories in Canada. It conducts business through its wholly-owned subsidiary, The Equitable Trust Company. Equitable is also a nationally licensed deposit-taking institution.