GMP Capital

Board of Directors


Good governance starts with our board of directors. The board assumes responsibilities for overseeing the management of our business and affairs. Directors are appointed based on their wide-ranging experience, knowledge and insight. The majority of the board of directors, including its chairman, are independent.


DAVID G. BROWN, CPA, CA, LL.B

Independent Board Member 
MEMBER OF MANAGEMENT RESOURCES AND COMPENSATION COMMITTEE

Mr. Brown is Managing Director, President and Chief Executive Officer of Richardson Capital Limited, the private equity division of Richardson Financial Group Limited (RFGL). He has held that position since 2007. Mr. Brown is the former Corporate Secretary of James Richardson & Sons, Limited and a former partner in the independent law and accounting firm, Gray & Brown. Mr. Brown has over 25 years of experience in advising family businesses and investment companies in the areas of taxation, mergers, acquisitions, divestitures, corporate reorganizations, financings and estate planning, and has been involved in the vast majority of investments made by the Richardson Family. Mr. Brown is a graduate of the University of Manitoba, is a practicing lawyer and Chartered Professional Accountant.

DAVID C. FERGUSON, MBA, FCPA, FCA

Independent Board Member
Chair of Audit Committee; MEMBER OF GOVERNANCE COMMITTEE
MEMBER OF MANAGEMENT RESOURCES AND COMPENSATION COMMITTEE

From 1999 until retiring in 2012, Mr. Ferguson was Executive Managing Director and Chief Financial Officer of BMO Capital Markets, the wholesale banking and institutional brokerage pillar of BMO Financial Group. He also served as Chief Financial Officer and a member of the board of directors of BMO Nesbitt Burns Inc. during this period. Mr. Ferguson's previous experience includes practicing public accounting for 25 years, including 16 years as an audit partner and a period as National Director of KPMG's investment dealer practice. During his career, Mr. Ferguson co-developed the Broker/Dealer Training program for the Canadian Institute of Chartered Accountants. Mr. Ferguson was a long-standing member of the board of directors of the Canadian Opera Company, and served as its President from 2006 to 2008 and Chair from 2008 to 2010. Mr. Ferguson holds Bachelor of Commerce and MBA degrees from the University of Toronto and is a Fellow of the Institute of Chartered Professional Accountants of Ontario.

HARRIS A. FRICKER, MA

Board Member

Harris A. Fricker assumed the role of Chief Executive Officer of GMP Capital Inc. in October 2010. He joined GMP’s Investment Banking Department in 2002 and assumed the role of President of GMP Securities L.P. in July 2008. Prior to joining GMP in 2002, Mr. Fricker held senior roles at several leading Canadian financial institutions, including, heading up the Institutional Sales & Trading desk of another leading investment dealer and running the corporate debenture/derivatives group at a major Canadian bank. A former entrepreneur himself, his depth of experience arising from over two decades in the North American capital markets combined with his acumen as an entrepreneur provides him with a unique perspective on the financial services landscape. Mr. Fricker holds a BA from Saint Francis Xavier University and a MA from Oxford University, which he attended as a Rhodes Scholar.

KISHORE K. KAPOOR

Independent board member
Member of Audit Committee

Mr. Kapoor currently serves on the Board of Directors and Audit Committee of GMP Capital Inc. (TSX:GMP). He has been a member of GMP’s Audit Committee since 2016 and was appointed the Committee Chair in 2017. Mr. Kapoor is also currently a director of Richardson Financial Group Limited (and a member of its Audit Committee), Richardson GMP (and Chair of its audit committee), and Morneau Shepell Inc. Until 2011, he was President of Wellington West Holdings Inc., the parent company of a number of subsidiaries that provided wealth management and corporate finance services to retail and institutional clientele in Canada. Previously, Mr. Kapoor was Executive Vice-President of Corporate Development at Loring Ward International Inc. He co-founded Assante Corporation, previously one of the largest wealth management firms in Canada, and served as its Executive Vice-President, Corporate Development from 1994 until 2003. He also served as a director of Manitoba Telecom Services and Chair of its audit committee from 2006 to 2017. Mr. Kapoor has a Bachelor of Science from the University of Manitoba and is a Chartered Professional Accountant and former tax partner with KPMG LLP.

JULIE A. LASSONDE, MBA

Independent board member
MEMBER OF GOVERNANCE COMMITTEE

Ms. Lassonde joined the Board of Directors of GMP in 2018. She has over 20 years of experience in the banking and mining sectors in senior executive and board roles specializing in diamonds, gold and base metals. Ms. Lassonde presently serves on the boards of Calibre Mining Corp. and FireFox Gold Corp. Her philanthropic endeavours include York University, where she serves on the Executive Committee of the York University Board of Governors, and as Chair of the External Relations Committee; President of the Canadian Engineering Memorial Foundation; and as a Director of the Lassonde Family Foundation. Ms. Lassonde holds a degree in Civil Engineering from Queen’s University in Kingston, Ontario, and an Executive MBA from Brown University and IE University.

FIONA L. MACDONALD, MBA

Independent board member
CHAIR of MANAGEMENT RESOURCES AND Compensation Committee
MEMBER OF AUDIT COMMITTEE; MEMBER OF GOVERNANCE COMMITTEE

Ms. Macdonald joined the Board of Directors of GMP Capital Inc. in 2013. From 2003 until retiring in March 2014, she was the Executive Compensation Practice Leader, Canadian Division, for Towers Watson, a leading global professional services company. Concurrent with her leadership role in the Canadian Division, Ms. Macdonald also led Towers Watson's U.S. West Division's Executive Compensation Practice from July 2010 through April 2013. Ms. Macdonald has more than 25 years' experience in the area of executive and director compensation strategies. She holds both a Bachelor of Arts in International Relations as well as an MBA from the University of British Columbia and is a graduate of the Institute of Corporate Directors program. Ms. Macdonald was previously Chair and Executive Committee Member of the Institute of Corporate Directors (British Columbia Chapter) and is currently Chair of the Human Resources Committee at the Royal Canadian Mint and a Board Member of the BC Ferry Authority.

EUGENE C. MCBURNEY, MA, LLB

Board member

Mr. McBurney is co-founder of GMP Securities L.P.'s predecessor, Griffiths McBurney & Partners. He brings extensive knowledge, background and expertise in the securities industry to the firm. Prior to GMP, Mr. McBurney practiced securities law and advised companies and investment dealers in a variety of investment banking assignments.
Currently, Mr. McBurney acts as Chairman, GMP Securities Emerging Markets Corp.

KEVIN M. SULLIVAN, LL.B., CFA

Board member

Mr. Sullivan is Deputy Chairman of GMP Capital Inc. He joined GMP Securities L.P.'s predecessor, Griffiths McBurney & Partners, in October 1995 and co-founded GMP Securities L.P.'s sales and trading operations. Mr. Sullivan served as President from 1996-1999 and Chief Executive Officer of GMP from June 1999 to September 2010. Kevin has 25 years of experience and relationships in the capital markets industry.  During his tenure as CEO at GMP, Kevin successfully oversaw GMP's initial public offering in 2003, and has since helped the company grow from a market value of $300 million to over $1 billion in that time.  
He also oversaw the creation and growth of Richardson GMP Ltd. Prior to GMP, Kevin was a general practice lawyer in Calgary, Alberta, and spent three years in the European capital markets. Mr. Sullivan has been involved in a number of charitable endeavours and community organizations, including co-chairing The Ride to Conquer Cancer, Canada's premier cycling fundraiser. He is a past member of the Ontario Securities Commission Industry Advisory Group and past Board member of The Princess Margaret Hospital Foundation. Mr. Sullivan is currently a Board member of the TMX, Waterfront Toronto and the Golf Canada Foundation.

DONALD A. WRIGHT

Independent Chairman of the Board of Directors
CHAIR OF AUDIT COMMITTEE 
EX-OFFICIO Member of MANAGEMENT RESOURCES AND Compensation Committee AND GOVERNANCE COMMITTEE

Mr. Wright is President and Chief Executive Officer of The Winnington Capital Group Inc., an investment counsel and portfolio management company. He is an active investor in both the private and public equity markets. Mr. Wright's career has spanned over 40 years in the investment industry. He has held a number of leadership positions, including President of Merrill Lynch Canada, Executive Vice-President, director and member of the executive committee of Burns Fry Ltd., Chairman and Chief Executive Officer of TD Securities Inc. and Deputy Chairman of TD Bank Financial Group.

Mr. Wright currently serves on the board of directors of Cinaport Capital Inc., DHX Media Ltd., Fire & Flower Holdings Corp., and Richards Packaging Inc. He is Chairman of the board of trustees of Richards Packaging Income Fund. Mr. Wright previously served on the board of directors of Clear Energy Systems, Inc., Condor Petroleum Inc., Equity Financial Holdings Inc., Jaguar Resources Inc., MaRS Innovation, Mettrum Health Corp., Public Mobile Inc. and Tuscany International Drilling Inc. As well, he was the past Chairman of the Board of VIA Rail Canada and was a past member of the board of trustees of The Hospital for Sick Children. He also actively supports numerous charitable organizations.