TORONTO, Nov. 22,
2022 /CNW/ - Horizons ETFs Management (Canada) Inc. ("Horizons"), a Mirae
Asset company, announces that Steve Hawkins, President and
Chief Executive Officer, has advised the Board of Directors that he
intends to retire on November 22,
2022 after a successful 15-year career with Horizons, the
last seven years as President and CEO. Steve Hawkins has agreed to assist in the
transition and act as an advisor to the new President and
CEO.
The Board of Directors has appointed Jasmit Bhandal, Chief Operating Officer, as
interim President and Chief Executive Officer commencing
immediately and intends to engage in a global search for a
permanent President and Chief Executive Officer.
The Board of Directors wants to thank Steve for his dedicated
service and contribution over the past 15 years. Under his
leadership, Horizons has assembled a strong team of executives who
have led Horizons to remarkable growth and profitability through
strong customer focus. Because of Steve's leadership, Horizons is
in the enviable position of having seasoned executives in key
roles, as well as a dedicated workforce, and is positioned well for
the future.
About Horizons ETFs Management (Canada) Inc.
(www.HorizonsETFs.com)
Horizons ETFs Management
(Canada) Inc. is an innovative
financial services company and offers one of the largest suites of
exchange traded funds in Canada.
The Horizons ETFs product family includes a broadly diversified
range of solutions for investors of all experience levels to meet
their investment objectives in a variety of market conditions.
Horizons ETFs has more than $21
billion of assets under management and 107 ETFs listed on
major Canadian stock exchanges.
Commissions, management fees and expenses all may be
associated with an investment in exchange traded products (the
"Horizons Exchange Traded Products") managed by Horizons ETFs
Management (Canada) Inc. The
Horizons Exchange Traded Products are not guaranteed, their values
change frequently and past performance may not be repeated. The
prospectus contains important detailed information about the
Horizons Exchange Traded Products. Please read the relevant
prospectus before investing.
Certain statements may constitute a forward-looking
statement, including those identified by the expression "expect"
and similar expressions (including grammatical variations thereof).
The forward-looking statements are not historical facts but reflect
the author's current expectations regarding future results or
events. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results or events
to differ materially from current expectations. These and other
factors should be considered carefully and readers should not place
undue reliance on such forward-looking statements. These
forward-looking statements are made as of the date hereof and the
authors do not undertake to update any forward-looking statement
that is contained herein, whether as a result of new information,
future events or otherwise, unless required by applicable
law.
SOURCE Horizons ETFs Management (Canada) Inc.
