Management

Duncan D. Jessiman

Executive Vice-Chairman
Director of Exchange
Chairman of the Corporate Governance Committee

Mr. Jessiman has practiced law since June, 1973 specializing in corporate, commercial and securities law, and was formerly a partner at the law firm of Aikins, MacAulay & Thorvaldson LLP where he continues to serve as Counsel to the law firm. Subsequent to the successful completion of the Company's qualifying transaction and later the acquisition of Keewatin Air Limited, Mr. Jessiman joined the Exchange management team in August 2005 as Chief Executive Officer. In June 2006, Mr. Jessiman stepped down as Chief Executive Officer and became the Executive Vice-Chairman in charge of special projects. Mr. Jessiman continues to play a key role in the strategy of the Company.

Michael C. Pyle

Chief Executive Officer
Director of Exchange

Mr. Pyle has spent eight years as a merchant banker specializing in financing LBO, MBO and rapid growth companies. Mr. Pyle became the President and Chief Financial Officer in May 2004 and in June 2006 was promoted to President and Chief Executive Officer. Mr. Pyle is responsible for monitoring the operating companies and ensuring that they are running in accordance with their strategic and operating plans as well as within their financial budgets. Mr. Pyle is also responsible for arranging financing for the Company and the subsidiaries. In July 2014, Mr. Pyle relinquished the role of President to focus on the Chief Executive Officer role.

Carmele N. Peter

President

Ms. Peter, a lawyer, practiced in the area of mergers and acquisitions and tax at Aikins, MacAulay & Thorvaldson LLP for over 23 years prior to joining Exchange in November of 2012 as Chief Administrative Officer. She was legal counsel and an advisor to Exchange since its inception. During her legal career she represented a number of clients for whom she was a valued advisor and was involved in a many significant transactions including the sale of Craig Media Inc., the acquisition of Allstream Inc., the sale of MTS's yellow pages directory business and the acquisition of the Winnipeg Jets. In July 2014, Ms. Peter became President of the Company.

Tamara Schock

Chief Financial Officer

Ms. Schock, a Chartered Professional Accountant, joined Exchange as its Chief Financial Officer in 2015. Prior to joining the Company, Ms. Schock was a Partner with Deloitte LLP. She has over 20 years of experience advising and auditing multi-national public companies based in both Canada and the United States. In her previous role, her focus was primarily in the financial services and manufacturing industries. Her experience also includes providing acquisition advisory services to private equity firms and financial institutions. She also spent one year in the financial reporting department of an oil & gas company.

Adam S. Terwin

Chief Corporate Development Officer

Mr. Terwin, a Chartered Accountant formerly of Deloitte & Touche LLP, joined the Exchange management team in July 2005 and has since earned his Chartered Financial Analyst designation. From June 2006 through July 2014, Mr. Terwin was Chief Financial Officer of the Company. In July 2014, Mr. Terwin moved into the role of Chief Corporate Development Officer overseeing acquisitions and strategic growth initiatives for the Company's existing entities.

Darwin R. Sparrow

Chief Operating Officer

Mr. Sparrow spent 18 years in the manufacturing industry prior to joining the Company, with a proven track record of managing companies to reach their full potential. Mr. Sparrow has extensive experience in managing multi plants with cross-border operations. Mr. Sparrow joined the Company in March 2008 as Vice President and Chief Operating Officer of Manufacturing and is responsible for all operations with the Company's manufacturing segment. In July 2014, Mr. Sparrow added the title of Executive Vice President to his Chief Operating Officer title in manufacturing, and in that role will take on responsibilities in the general management of the other subsidiaries. In May 2015, Mr. Sparrow was appointed as the overall Chief Operating Officer of the Company.

Gary J. Beaurivage

Vice President and Chief Operating Officer - Aviation

Mr. Beaurivage joined the Exchange head-office team as Vice President and Chief Operating Officer of Aviation in April 2013 after spending 40 years at Calm Air International Ltd., a subsidiary of the Company. During his time at Calm Air Mr. Beaurivage moved up through that company and finished the last 10 years as Calm Air's President and Chief Executive Officer. Mr. Beaurivage brings a wealth of knowledge, experience and contacts relating to passenger and cargo transportation and aircraft maintenance. While based in northern Manitoba for many years with Calm Air, Mr. Beaurivage has developed relationships with many of the northern based corporations, First Nation and Inuit leaders and communities, which are all serviced by a number of the Company's aviation businesses. Mr. Beaurivage is currently responsible for all operations of the Company's aviation segment.

Ranbir Dhillon

Director of Corporate Development

Mr. Dhillon, a Chartered Accountant, joined the Exchange management team in 2011. Prior to joining the Company, Mr. Dhillon was with Deloitte & Touche LLP in a Senior Management role and has over 15 years of experience advising and working with clients in diverse industries with their business operations, financing and significant transactions. Mr. Dhillon is responsible for assisting with acquisitions and corporate initiatives.

Stephen C. Ellwein

Director of Special Projects - Operations

Mr. Ellwein joined the Exchange management team in February 2007 and provides marketing and business expertise to the Company and its subsidiaries.

Amanda Haney

Manager, Analyst & Integration

Ms. Haney, a Chartered Accountant joined the Exchange management team in August 2013 after working at PricewaterhouseCoopers. Her responsibilities are focused around the financial analysis of our subsidiaries' operations and opportunities, involvement with the due diligence process for potential acquisitions, and the integration of recently acquired entities.

Cheryl Lawrence

Assistant Vice President, Aviation Finance

Ms. Lawrence, a Chartered Accountant formerly of AFD Management Advisory Services, joined the Exchange management team in July 2006. Ms. Lawrence provides Exchange's subsidiaries with accounting and business expertise and leads the finance function of the aviation segment's subsidiaries. Ms. Lawrence is also involved in the due diligence process for potential acquisitions, provides oversight with the integration of new subsidiaries, and leads various projects within the Company's aviation segment subsidiaries.

Carmine Lisi

Manager, Controls and Risk

Mr. Lisi, a Chartered Accountant and Certified Information Systems Auditor (CISA) formerly of PricewaterhouseCoopers LLP, joined the Exchange management team in October 2011. Mr. Lisi is responsible for the internal controls over financial reporting and risk management activities within the Company and its subsidiaries, as well as the due diligence process for potential acquisitions.

David Patrick

Assistant Vice President, Finance

Mr. Patrick, a Chartered Accountant formerly of ACE Aviation Holdings Inc. and PricewaterhouseCoopers LLP, joined the Exchange management team in June 2007. Mr. Patrick is responsible for internal and external financial reporting, various corporate finance functions and personnel of the Company's head-office, and leads the finance function of the manufacturing segment's subsidiaries. Mr. Patrick is also involved in the due diligence process for potential acquisitions, provides oversight with the integration of new subsidiaries, and leads various projects within the Company's manufacturing segment subsidiaries.

Izabella Pokornowska

Associate Manager, Risk and Controls

Ms. Pokornowska, a Certified Management Accountant (CMA) formerly of Maple Leaf Foods, joined the Exchange management team in July 2014. Ms. Pokornowska is responsible for assisting with internal controls over financial reporting and risk management activities within the Company and its subsidiaries, as well as the due diligence process for potential acquisitions.

Lorraine Richards

Associate Manager, Risk and Controls

Ms. Richards, a Certified Information Systems Auditor (CISA) formerly of Deloitte & Touche LLP, joined the Exchange management team in May 2012. Ms. Richards is responsible for assisting with internal controls over financial reporting and risk management activities within the Company and its subsidiaries, as well as the due diligence process for potential acquisitions.

Dianne M. Spencer

Manager, Compliance
Corporate Secretary of Exchange

Ms. Spencer joined the Exchange management team in August 2005 as the Manager, Compliance. Prior to joining the Company, she was employed at Aikins, MacAulay & Thorvaldson as a legal assistant specializing in corporate, commercial and securities law. Ms. Spencer is largely responsible for monitoring the Canadian ownership of the Company's shares and reporting to the Canadian Transportation Agency on a regular basis. As well, Ms. Spencer is responsible for ensuring that all filing requirements are met in relation to the shares, any securities matters and all corporate filings for the Company and its subsidiaries. Ms. Spencer became the Corporate Secretary of the Company in May 2008.

Marly Spivak

Vice President Taxation

Ms. Spivak, a Chartered Accountant, joined the Exchange management team in April 2015. Ms. Spivak has practiced in the area of corporate tax since 1998, predominantly for public companies including Viterra, IGM Financial and most recently The North West Company. Ms. Spivak is responsible for the corporate tax planning and compliance of the Company and its subsidiaries including tax-related due diligence for potential acquisitions.

Richard Wowryk

Associate Manager, Financial Reporting

Mr. Wowryk, a Chartered Accountant formerly of KPMG LLP, joined the Exchange management team in April 2012. Mr. Wowryk is responsible for assisting with internal and external financial reporting and is also involved in the due diligence process for potential acquisitions.