F. David Runthwaite, 308 Carltn Street Trnt, Ontari M5A 2L7 fdrunthwaite@msn.cm 647.522.9240 EXPERIENCE F. David Runthwaite, Barrister Slicitr, July 2015 t date Sle practitiner fcusing n cmpliance and public prcurements General Cunsel & Crprate Secretary, ehealth Ontari September 2014 t June 2015 Resumed duties as General Cunsel & Crprate Secretary f ehealth Ontari upn appintment by Gvernment f Ontari f new Chief Executive Officer fr a fixed term Chief Executive Officer (Interim), ehealth Ontari March 2014 t September 2014 Appinted by Bard f Directrs as interim Chief Executive Officer pending Order in Cuncil appintment f new Chief Executive Officer fr a fixed term Administered the day t day affairs f the Crwn Agency with mandate t implement electrnic health recrds fr Ontari Respnsible fr annual expenditures by the Agency f apprximately $ 375 millin Managed ttal Agency staff cmplement f apprximately 800 full time emplyees Re-structured financial reprting, planning and budgeting by creating new Chief Administrative Officer psitin General Cunsel & Crprate Secretary, ehealth Ontari May 2011 t March 2014 Headed Legal Services at ehealth Ontari Respnsible fr all legal advice t the Agency prcurement and supervisin f all insurance fr the Agency crprate secretarial functins crprate cmpliance prgramme 1
Directr, Equity Financial Hldings Inc. and Equity Financial Trust Cmpany February 2014 t date Directr f TSX listed hlding cmpany and its federally incrprated perating subsidiary, an alternative mrtgage riginatr F. David Runthwaite, Barrister Slicitr September 2010 t May 2011 Sle practitiner fcusing n securities and crprate gvernance Directr, Renewable Energy Develpers Inc., frmerly Sprtt Pwer Crp. February 2011 t Octber 2013 Directr f TSX listed renewable energy cmpany and member f its Audit, Cmpensatin, Gvernance and Nminating and Strategic Review Cmmittees Served as Chairman f Special Cmmittee reviewing gvernance and ther issues Partner, Miller Thmsn LLP January 2009 t August 2010 Practised business law with a fcus n securities and crprate finance in the firm s Trnt ffice Managing Directr & General Cunsel, Gergesn Sharehlder Cmmunicatins Canada Inc. April 2008 t January 2009 Respnsible with the President fr sales and business develpment f the Gergesn prduct suite in Canada and fr legal supprt t sales and client servicing fr all prduct lines Special Advisr t the President, Mackenzie Financial Crpratin August t December 2007 Assisted the President in transitinal issues assciated with the departure f the incumbent Senir General Cunsel including supprt f the existing legal team and the search fr a new Senir General Cunsel and ther legal staff Trustee, Nrthland Pwer Incme Fund 1997 t May 2010 Independent Member f the Bard f Trustees f TSX listed Nrthland Pwer Incme Fund, ne f Canada's largest infrastructure incme funds Member f the Audit Cmmittee Member f the Gvernance and Nminating Cmmittee with special respnsibilities fr strategic planning 2
Instructed cunsel fr the Independent Trustees in cnnectin with related party transactins undertaken by the Fund including merger f the fund with Nrthland Pwer Inc. in 2009 3
Chairman f the Bard f Trustees, Arriscraft Internatinal Incme Fund 2004 t July 2007 Appinted as Chairman at IPO f TSX listed Fund perating manufacturing business in Cambridge, Ontari As Chairman successfully addressed significant regulatry and cmmercial issues arising in the curse f business f the Fund Recruited new CEO and new CFO fr the Fund Prvided directin t and versight f a successful sale f the business f the Fund that was cmpleted in July 2007 Principal, President and Chief Executive Officer, Nereus Financial Inc. 2004 t May 2007 Jined Nereus Financial Inc., a special purpse subsidiary f Cventree Capital Grup Inc. perating as a cnduit spnsr in the credit derivatives market, in June 2004 Frm start-up, the Nereus prtfli f Cllateralized Debt Obligatin investments reached $ 4.3 billin by early 2007 accmpanied by financial results mre than 200% in excess f plan Departed Nereus after Cventree indicated its intentin f assuming direct cntrl f Nereus and integrating the Nereus peratins with its wn Partner, Business Law Sectin, McCarthy Tétrault, 1983-2004 As a partner f high senirity and respnsibility, participated and was invlved in a wide range f financial and cmmercial transactins and advisry wrk Areas f cncentratin included securities, electric pwer, investment management, insurance, prject finance, asset securitizatin and acquisitins n behalf f clients including a majr insurance cmpany Representative transactins included Demutualizatin f The Mutual Life Assurance Cmpany f Canada as Clarica Life Insurance Cmpany with an verall transactin value f mre than $3 billin, 1997-1999 Initial Public Offering f Clarica Life Insurance Cmpany valued at mre than $950 millin, 1999 Varius capital issues n behalf f Mutual Life and Clarica including public issues f Eurbnds, debentures and preferred shares, 1994-2000 Acquisitin f the Canadian peratins f Metrplitan Life Insurance Cmpany by Mutual Life invlving assets valued at mre than $ 6 billin, 1998 Apprximately $1.5 billin f asset-backed securities issuances by Merrill Lynch Financial Assets Inc., 1998-2001 Negtiatins n behalf f the Zimbabwe Electricity Supply Authrity fr the expansin and privatizatin f its 950 MW Hwange Pwer statin, 1996-1998 4
Negtiatins n behalf f Atmic Energy f Canada Limited with MDS Nrdin fr the design, engineering and cnstructin f Maple X Reactrs fr the prductin f medical radiistpes at Chalk River, Ontari, 1993-1996 Cmmercial advice and negtiatins n behalf f Rlls-Ryce in relatin t its initial installatin f the industrial Trent engine at a c-generatin facility in Whitby, Ontari, 1998-2000 Acquisitin f the Canadian peratins f Prudential Assurance Cmpany Limited by Mutual Life, 1995 Acquisitin f the United Grup f Funds by Spectrum Investment Management Inc., a subsidiary f Sun Life Assurance Cmpany f Canada, 1995 Assciate, Cmmercial Department, McCarthy & McCarthy, 1980-1983 Slicitr, Law Department, Unin Carbide Canada Limited, 1979-1980 Assciate, Tax and Cmmercial Departments, McCarthy & McCarthy, 1976-1979 Student-at-law, McCarthy & McCarthy, 1974-1975 EDUCATION LL.B., Osgde Hall Law Schl, Yrk University, Trnt, 1974 M.Sc. (Ecn.), Internatinal Relatins, Lndn Schl f Ecnmics and Plitical Science, Lndn, England, 1971 B.A. (Hn.), Plitical Science, Trinity Cllege, University f Trnt, 1970 Senir Matriculatin, Ontari Schlar, University f Trnt Schls, Trnt, Ontari, 1965 PROFESSIONAL ACTIVITIES Member f the Law Sciety f Upper Canada Has written n a number f tpics in investment management, asset securitizatin and ther securities issues COMMUNITY ACTIVITIES Served as Directr and Secretary f the University f Trnt Schls 2002-2014, a ceducatinal secndary schl affiliated with the University f Trnt After jining the predecessr UTS Interim Bard in 2002, headed the restructuring and affiliatin prject fr UTS that cnverted the Schl frm a Faculty Department t a separate legal entity within the University f Trnt in 2004 and culminated in signing f an Affiliatin Agreement with the University f Trnt in June 2006 Served n the bards f ther cmmunity rganizatins including Federatin f Ontari Naturalists, nw Nature Ontari, and in varius capacities at St. Simn s Anglican Church including bth Rectr s and Peple s Warden 5
PERSONAL Married with three daughters ages 26 thrugh 32 Actively interested in public issues including securities regulatin, the envirnment and third wrld develpment Interested in travel and utdr activities including skiing and white water caneing Served n the McCarthy Tétrault Art Cmmittee fr a number f years REFERENCES Available upn request July 2015 6