Senior Executive
Bruce Cousins
Chief Executive Officer
Chief Executive Officer
Bruce Cousins joined Carmanah Technologies Corp. as Chief Executive Officer in October, 2011. Mr. Cousins assumed his role with Carmanah after 22 years of entrepreneurial and executive experience in the pharmaceutical, technology and renewable energy industries. Following a 13-year tenure with Johnson and Johnson in finance and operations, in 2004 Mr. Cousins joined three founders in the start-up phase of Aspreva Pharmaceuticals, a specialty pharmaceutical company based in Victoria, BC. Aspreva grew rapidly and within a short period of time Mr. Cousins played a leadership role in the initial public offering of the company with listings on both the NASDAQ and TSX markets. The company grew rapidly to a market capitalization of over 700 million dollars with offices in Switzerland, UK, US and Canada. In 2007 Mr. Cousins led a strategic assessment and sale of the company in a 915 million dollar all-cash transaction, delivering a 24% premium to shareholders. More recently, Mr. Cousins has been involved in the technology and renewable energy industry as CFO of Xantrex Technology Inc. At Xantrex he completed the sale of the company in a four month period which resulted in a 55% premium to shareholders. In 2009, Mr. Cousins joined Ballard Power Systems as CFO where he led finance and operations through a balance sheet fortification initiative.
Mr. Cousins holds a Bachelor of Commerce degree from McMaster University and is a Chartered Accountant.
Roland Sartorius
Chief Financial Officer
Chief Financial Officer
As Chief Financial Officer, Mr. Sartorius leads all aspects of Carmanah's financial activities, including accounting and reporting, strategic planning and analysis, treasury, tax, audit, and investor relations.Prior to joining Carmanah, Mr. Sartorius served as Chief Financial Officer, Director and Corporate Secretary at Infosat Communications, a subsidiary of Bell Canada and a leading North American provider and integrator of satellite communication solutions. While at Infosat, Mr. Sartorius led several strategic acquisitions and investments in North America and Asia, developed financial and operational policies and controls, reorganized the finance, IT and administration departments, and was instrumental in strengthening the organization's financial position through strong management of working capital and significantly increasing EBITDA.
Mr. Sartorius' background also includes tenures as CFO, Director and Corporate Secretary with several European & North American based high growth industrial & technology focused international public & private companies, where he completed numerous acquisitions, guided the organizations through public offerings, several equity financings and restructuring of operations. As well, Mr. Sartorius spent eight years with KPMG in Corporate Finance and Audit.
Mr. Sartorius is a Certified General Accountant (CGA) and holds a Bachelors of Commerce & Business Administration degree from the University of British Columbia.