Richard Carleton was appointed CEO of the Canadian Securities Exchange in July 2011. During his tenure, Richard and the CSE team have positioned the exchange to take a leading role in the provision of public capital to entrepreneurial companies; since 2014, the CSE has set a series of records for new listings, capital raised by issuers and trading turnover. An early advocate for the cannabis industry, the CSE is the global exchange leader in the sector. Recognized by the Financial Post Magazine as one of Canada’s “25 Cannabis Industry Power Players”, and a recipient of the American Trade Association for Cannabis and Hemp’s “Captain of Industry” Award in November 2018, Richard is a frequent speaker on early-stage company finance issues around the world.
In addition to his responsibilities with the CSE, Richard is a director of two private companies: Tetra Trust Company, Canada’s first qualified custodian for cryptocurrency assets, and Blue Ocean ATS, LLC, a US broker dealer which operates an ATS providing after hours trading in US equities. Richard is also a member of two not-for-profit boards: the Empire Club of Canada, and the Private Capital Markets Association. He was also recently named to the Ontario Securities Commission’s “Market Structure Advisory Committee”.
A member of the Law Society of Ontario since 1987, Richard is a graduate of the University of Ottawa (B.A. ’81) and the University of Toronto (LL.B. ’85). He has also completed the executive development programme at the Wharton School, University of Pennsylvania.
Mary Anne PalangioCFO
Mary Anne Palangio is Chief Financial Officer of the Canadian Securities Exchange. Her role includes managing and directing the accounting and financial reporting functions for the company as well as administration and human resources. Additionally, she works closely with the CEO and senior management team on corporate strategy and business development. Mary Anne was a Director of the company from 2016 through to her resignation in early 2020 to take on her current role. During this period she served as Chair of the Audit Committee and as Chair of the Human Resources Committee.
Mary Anne was previously CFO at Converge Technology Solutions Corp., a publicly traded North American hybrid IT solutions provider and prior to that she was the CFO of LOGiQ Asset Management Inc., a publicly traded asset management firm. Previously Mary Anne spent over 7 years at Manulife in the following roles: SVP, Global Head of Operations and Data Management, Investment Division; SVP, Chief Information Officer, Group Functions; and VP, General Fund Investment Systems. Before joining Manulife, Mary Anne held senior finance and investment operational roles with Perimeter Financial Corp., The Canada Life Assurance Company, Mackenzie Financial Corporation and Ontario Teachers Pension Plan. Mary Anne started her career with Deloitte where she obtained her Chartered Accounting designation. She is a CPA, CA and CFA and holds a BA in Commerce and Economics from the University of Toronto.
Jamie AndersonGeneral Counsel & Corporate Secretary
Reporting to the CEO, Mr. Anderson has responsibility for advising the exchange on all legal matters including securities, corporate-commercial, real estate, employment, and intellectual property law. Mr. Anderson leads the organization’s corporate governance programme and advises the CSE Board in terms of governance practices and direction. His portfolio also includes a broad range of company-wide strategic and regulatory issues, as well as being the CSE’s Chief Privacy Officer. Mr. Anderson is a member of the Ontario Securities Commission’s Market Structure Advisory Committee. Mr. Anderson also leads a consultancy practice in the areas of compliance, governance, and business process re-engineering whose clients include major Canadian banks, life insurers, and investment managers. Mr. Anderson chaired the Canadian Capital Markets Association’s Legal and Regulatory Working Group to successfully transition Canada to T+2 settlement.
Prior to joining the CSE, Mr. Anderson held executive and senior level roles at several of Canada’s largest and systemically important financial institutions, including The Canadian Depository for Securities Limited where he was most recently Chief Legal Officer. He has championed many strategically important transactions and initiatives including large M&A deals, complex litigation, and default resolutions. He has authored many papers, including “Accessing and Use of Securities Clearing – Fit in Finance” in Thomson Reuters’s “Law in International Finance”.
Mr. Anderson received his B. Comm. (Finance), B. Sc. (Economics), and LL.B. from Dalhousie University, MBA (Management) from Saint Mary’s University, and LL.M. (Banking & Financial Services) from York University (Osgoode Hall Law School). He is a member of the Law Society of Ontario. Mr. Anderson is Vice-Chair of the Board of Management of Swansea Town Hall (an agency of the City of Toronto) and Chair of its Governance Committee.
Mark FaulknerSenior Vice President, Listings & Regulation
Appointed Senior Vice President in February 2022, Mark joined the CSE immediately after it was recognized as a quotation and trade reporting system in 2003 and was most recently VP, Listings & Regulation. Mark is responsible for the Exchange’s regulatory activities including new listings and ongoing issuer compliance. In 2021, the CSE published the most comprehensive policy changes since being recognized as an exchange, consistent with its public interest mandate and regulatory obligations and in line with the CSE’s proven model of streamlined regulation and customer service.
Prior to joining the CSE Mark had a 14-year career at the Toronto Stock Exchange and Market Regulation Services ("RS") in both trading services and regulatory positions. Mark played the primary role in the development and implementation of automated market maker performance systems, introduced the use of link analysis in Market Surveillance Investigations, and developed reports to support compliance activities for market participants.
Robert CookSenior Vice President, Market Development
Mr. Cook is primarily responsible for the development of a range of services to companies listed on the CSE and for the composition and maintenance of the CSE Composite Index. He has been a member of the executive management team of the exchange since 2002. He currently serves on the Ontario Securities Commission’s Small and Medium Enterprise Advisory Committee. Immediately prior to joining the CSE, he held the position of V-P Market Surveillance, Market Regulation Services Inc., which was created in 2001 by the Toronto Stock Exchange (TSE) and the Investment Dealers Association of Canada (IDA) to regulate Canadian markets.
Rob had a 19-year career at the TSE where he held a number of positions in listed company regulation including Director, Original Listings, followed by six years as Director, Market Surveillance. Before that he worked in the mining industry for three years as a mineral economist for a major mining company and an international consulting firm.
Rob holds an Honours BA in Economics from York University (1977) and an MBA from the Ivey School of Business, University of Western Ontario (1979).
James BlackVice President, Listings Development
James Black is the VP, Listings Development for the Canadian Securities Exchange (“CSE”). Based in Toronto, ON Mr. Black manages the CSE’s domestic and international programs for attracting exciting new companies to the exchange as well as evangelizing the CSE as “the Exchange for Entrepreneurs”.
Prior to James’ tenure at the CSE, he was a manager at the National Angel Organization where his focus was on helping Angel groups launch, network with one another, and establish best practices for investing. He graduated from Ryerson University in Toronto with Honours majoring in Entrepreneurial studies.
Pina De SantisVice President, Corporate Development
Pina De Santis is Vice President, Corporate Development responsible for strategy, sales and business development activities for the trading and market data business lines at the CSE. Pina has extensive experience in the Canadian capital markets industry. Prior roles include Director, Business Development at the Toronto Stock Exchange and served for many years as a committee member of the Financial Information Industry Association based in the US. She began her career as an analyst and institutional equity trader at Walwyn Stodgel in Montreal. In addition to her extensive work experience, Pina is passionate about giving back to the community and is a board member of various non-profit organizations focused on Seniors and community healthcare. Pina holds a bachelor’s degree in Economics and is multi-lingual.
David TimpanyVice President, Technology & Operations
David Timpany is the VP, Technology and Operations for the Canadian Securities Exchange (“CSE”). Mr. Timpany is responsible for leading the design, development and implementation of organizational information systems, software applications, IT support and infrastructure systems. Prior to joining the CSE, David was a Project Manager at Basis 100/EFA software where he managed the software development and implementation for many stock exchanges throughout the world. At the Haskayne School of business, University of Calgary, David earned a Bachelor of Commerce degree with a concentration in Management Information Systems (MIS) in 1997.