Executive Leadership Team
President & Chief Executive Officer
Paul Soubry, ICD.D, joined New Flyer as President and Chief Executive Officer in January 2009. Mr. Soubry holds a Bachelor of Commerce (Honours) degree from the University of Manitoba and completed the executive development program at Harvard Business School. Mr. Soubry has a strong sales, marketing, business development and operations background in businesses held by both trade and private equity owners, with substantial experience in business transformations and LEAN operational practices. Prior to joining New Flyer, Mr. Soubry worked for StandardAero for 24 years where he held a variety of increasingly senior positions including being named President in 2001, Chief Operating Officer in 2006, and Chief Executive Officer in 2007. Mr. Soubry currently serves on the boards of True North Sports and Entertainment Limited/Winnipeg Jets Hockey Club and the Winnipeg Airports Authority. He has also served on the board of the Mondetta Clothing Company and Economic Development Winnipeg Inc. In 2003, Mr. Soubry was named one of the recipients of “Canada’s Top 40 under 40” award, was inducted in the Canadian Manufacturers and Exporters Hall of Fame in 2014, and recognized as Canada’s 2016 CEO of the Year by the Financial Post. Mr. Soubry is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.
President, Transit Bus Business
Wayne joined New Flyer in 2008 and is responsible for the development and execution of operational strategy and performance of New Flyer. He provides overall leadership and direction for the operations, and is responsible for the company’s operational footprint, which includes manufacturing, facilities and process engineering, product engineering, strategic sourcing and materials management, quality and continuous improvement and program management. Safety, quality, delivery, working capital management, cost performance and resource management are all also key areas of responsibility. Prior to New Flyer, Wayne held various positions with NABI, Blue Bird Body Company and Flxible, and also worked with BAE Systems. Wayne holds a Bachelor of Science in Business Administration and an Accounting Degree from Ashland University in Ohio. He also has a Certified in Production and Inventory Management (CPIM) designation.
President, Aftermarket Parts Business
Brian is the President of the New Flyer and MCI aftermarket parts businesses. He is responsible for Aftermarket Sales and Business Development, Business Systems, Publications, Training, Warranty, Smart Bus Technology and Aftermarket Supply Chain and Distribution. Brian was previously the CFO of North American Bus Industries (NABI) which was acquired by New Flyer in 2013. Prior to that Brian served as Controller of Johns Manville’s Waterville operations — a Berkshire Hathaway Company, and held various finance capacities at Ford Motor Company and Visteon Corporation. Brian has an MBA in Finance, a Masters Degree in Mechanical Engineering, and a Bachelor’s Degree in Mechanical Engineering.
President, Motor Coach Business
Ian joined New Flyer in 2011. He is responsible for the development and execution of operational strategy and performance of the Motor Coach business unit. He provides overall leadership and direction for the operations, and is responsible for the operational footprint of the Motor Coach business unit, which includes manufacturing, facilities and process engineering, product engineering, strategic sourcing and materials management, quality and continuous improvement and program management. Safety, quality, delivery, working capital management, cost performance and resource management are all also key areas of responsibility. Ian was the Senior Vice President for Airlines and Fleets at Standard Aero with responsibility for revenue of nearly $600M and over 900 people having customers and facilities all over the world. Prior to his most recent role, Ian held various executive level positions such as Vice President Corporate Strategy, Vice President Marketing & Business Development and Vice President of the StandardAero’s largest Business Unit. Ian was also the project leader of the privatization and implementation of LEAN at a United States Air Force Base in San Antonio, TX. Ian holds a Bachelor of Science in Industrial Engineering.
Executive Vice President & Chief Financial Officer
Glenn Asham joined New Flyer in 1992. Mr. Asham obtained his chartered accountancy designation in 1987 and a Bachelor of Commerce from the University of Manitoba in 1984. Prior to joining the Company, he worked with Deloitte & Touche for eight years, providing client services in the areas of accounting, auditing, taxation and management consulting.
Executive Vice President, Sales, Marketing and Customer Program Management
Paul joined New Flyer in 1988 in Engineering and moved into the Sales Department in 1995. He has served in his current capacity since 2001. He is responsible for Sales and Customer Program Management, which includes revenue generation, brand management, advertising and promotion, strategic intelligence and customer relationship management. Prior to New Flyer, he worked in the agriculture industry.
Executive Vice President, Supply Management
David began his New Flyer career in 1998 as Corporate Controller, and in 2002 moved from Finance into Supply Management as the Vice President. He is responsible for Strategic Sourcing, Supply and Logistics and Materials Management, and his team contributes to the bids and pricing process. Prior to New Flyer, David worked for eight years with Deloitte as a Chartered Accountant. David holds a Bachelor of Commerce (Honors) in Finance from the University of Manitoba, and obtained his Chartered Accountant (CA) designation in 1993.
Executive Vice President, Human Resources
Janice has been with the organization for 18 years currently serving as Executive Vice President Human Resources. She is responsible for the people services function across the New Flyer organization in a multi-location and diverse cross border manufacturing and service sector environment. Janice has worked in progressive human resource and management roles in the public and private sector including labour relations experience in both the Canadian and US bargaining environments and a proven track record in organization culture, employee engagement and safety and environmental systems management. She is currently a board member for the Chartered Professionals in Human Resources of Manitoba. Janice holds a Diploma in Creative Communications from Red River College and a Certificate in Human Resources Management from the University of Winnipeg. She is a Chartered Professional Human Resources (CPHR) and has obtained the Human Resources Compensation Committee designation from the Director’s College at McMaster University (HRCCC). She is committed to lifelong learning and recently completed her BA in Communications at the University of Winnipeg.
Executive Vice President, General Counsel
Colin Pewarchuk, EVP, General Counsel and Corporate Secretary, joined New Flyer in 2006 and is responsible for assisting the New Flyer team in fulfilling legal and business requirements. Prior to New Flyer, Colin was a lawyer with Aikins, Macauley and Thorvaldson in Winnipeg, MB and a Banking Officer with Royal Bank of Canada.
- Colin holds a Bachelor of Commerce (Honors) in Finance and a Bachelor of Laws, both from the University of Manitoba
Senior Vice President, Manufacturing and Facilities
Kevin Wood, New Flyer’s Vice President, Manufacturing and Facilities joined New Flyer in 2009. He is responsible for all manufacturing activities in each of New Flyer’s four plants. Prior to this role, Kevin served for five years as the General Manager of Blue Bird Body Company. He also spent eight years in railcar manufacturing and twenty-two years with the Flxible Corporation. Kevin holds a Bachelor of Science in Business Administration from Ashland University in Ohio. He also has a CPIM designation from APICS, the Association of Operations Management.
Senior Vice President, Quality & Continuous Improvement
Margaret joined New Flyer in October, 2009. She is responsible for the Quality Assurance and Continuous Improvement functions. Prior to joining New Flyer, Margaret spent 15 years with Lear Corporation in Southfield, MI holding various positions in Quality, Plant Management and Operations. She began her career with the Motor Wheel Corporation in Akron, OH. Margaret holds a Bachelor of Science degree in Mechanical Engineering from the University of Akron, in Akron, OH and an MBA from Michigan State University.
Senior Vice President, Engineering and Customer Services
Chris Stoddart joined New Flyer in December 2007 as Vice President of Engineering Services. In this capacity, he has responsibility for New Product Development, Production Engineering, and Customer Service.
Mr. Stoddart began his career working for General Motors at the Oshawa Car Assembly Plant from 1989 – 1998, and then transitioned into the freight rail car manufacturing industry working for National Steel Car from 1998 – 2007. During his time at National Steel Car, Mr. Stoddart held positions of increasing responsibility, including Director of Process Engineering, Managing Director of Manufacturing Engineering, and Vice President of Engineering Services.
Mr. Stoddart obtained his Professional Engineers designation in 1997 after graduating with a Bachelor of Science in Mechanical Engineering from Kettering University in 1994.
Board of Directors
Hon. Brian V. Tobin, P.C., O.C., ICD.D
Chairman of the Board
The Honourable Brian V. Tobin, P.C., O.C., ICD.D, was named as an Officer of the Order of Canada in 2013 for his contribution to Canadian public policy. Mr. Tobin is currently a Vice-Chair of BMO Capital Markets, is the Chairperson of the board of New Flyer, serves as Lead Director and Chairperson on the board of Aecon Group Inc. and is a member of the board of Element Fleet Management. Previously, Mr. Tobin served as the Premier of Newfoundland and Labrador from 1996 to 2000 and won two consecutive majority governments in provincial elections held in February 1996 and February 1999. Mr. Tobin also served as a Member of Parliament from 1980 to 1996, served as Minister of Fisheries and Oceans in the federal cabinet from 1993 to 1996 and served as the Federal Minister of Industry from October 2000 to January 2002. Mr. Tobin served as the Executive Chairman, President and Chief Executive Officer of Consolidated Thompson Iron Mines Limited until May 2011 when that company was purchased by Cliffs Natural Resources Inc. Mr. Tobin has also served as a director of Aurvista Gold Corporation, Calvista Gold Corporation, Cline Mining Corporation, Marret Resources Inc., Lions Gate Entertainment Corp. and Canpages Inc. and was a trustee of Newport Partners Income Trust. Mr. Tobin has been awarded honorary degrees by St. Francis Xavier University in Nova Scotia, Canada and by Brock University in Ontario, Canada. Mr. Tobin is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.
Larry Edwards, ICD.D
Larry Edwards, ICD.D, is a corporate director and also serves as a director and Chairman of the board of Victory Energy Organization, LLC, an Oklahoma (USA) based designer and manufacturer of fired packaged boilers, waste heat boilers and heat recovery steam generators and related equipment. Mr. Edwards also serves on the board of directors of Patriot Bank and Black Mesa Production, LLC. Mr. Edwards served on the board of Red Fork Energy Limited (a company that was listed on the Australian Securities Exchange) from 2013 to 2015, NCI Building Systems, Inc. from 2007 to 2009 and Global Power Equipment Group Inc. (“GPEG”) and its predecessor Global Energy Equipment Group, Inc. from 1998 until January, 2008. Mr. Edwards served as the President and Chief Executive Officer of GPEG from May 2001 until his retirement in December 2006. Mr. Edwards also served as the CEO of GPEG’s predecessor company from June 1998 until GPEG’s initial public offering in May 2001. From February 1994 until June 1998, Mr. Edwards served as the President of Jason Incorporated’s power generation division. From 1976 until 1994, Mr. Edwards held various positions with Braden Manufacturing, including Vice President of Operations, General Manager and President. Prior to the IPO, Mr. Edwards served on the board of Transit Holdings, Inc. since August 2004. Mr. Edwards earned a B.S. in Industrial Engineering and Management from Oklahoma State University and an M.B.A. with honors from Oklahoma City University. Mr. Edwards is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.
V. James Sardo, ICD.D
Corporate Director and Compensation, Nominating and Corporate Governance Committee
V. James Sardo, ICD.D, is a corporate director and also serves on the board of Currency Exchange International, Corp. Mr. Sardo was a director of Capstone Infrastructure Corporation from 2009 to 2016 (also serving as its chairperson from 2011 to 2016), Cline Mining Corporation from 2013 to 2015, Consolidated Thompson Iron Mines Limited from 2010 to 2011, Royal Group Technologies Limited from 2003 to 2006, Hydrogenics Corporation from 2003 to 2009, SonnenEnergy Corp from 2008 to 2009 and Northstar Healthcare Inc. from 2008 to 2010. Mr. Sardo was also a trustee of Countryside Power Income Fund from 2004 to 2007; Union Waterheater Income Trust from 2003 to 2007; and Custom Direct Income Fund from 2003 to 2007. Prior to these appointments, Mr. Sardo was interim CEO of Royal Group Technologies Limited from 2004 to 2005, President of the Canadian Operations of Moore Corporation Limited, a business forms and communications company, from 1999 to 2001 and President and CEO of SMK Speedy International Inc., an international automotive repair company, from 1997 to 1999. Prior to 1997 Mr. Sardo was Chief Executive Officer of Amre Inc., a Dallas based marketer of home improvement products from 1994 to 1995 and Chief Executive Officer of SNE Inc., a manufacturer and marketer of windows and doors from 1991 to 1994. Mr. Sardo was the President of Firestone Canada Inc. from 1983 to 1988 and its Chairman and Chief Executive Officer from 1985 to 1988. Mr. Sardo holds a Bachelor of Arts degree from the University of Western Ontario in London, Ontario and an MBA from McMaster University in Hamilton, Ontario and is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.
John Marinucci, C.A., ICD.D, H.R.C.C.C.
John Marinucci, C.A., ICD.D, H.R.C.C.C, joined New Flyer as President and Chief Executive Officer in 2002 and retired as an executive officer of the Company at the beginning of 2009. Mr. Marinucci also serves as a director of Intelgenx Corporation. He is a past governor and chairperson of Mohawk College in Hamilton, Ontario and was the chairperson of the CWB Group of Companies. Mr. Marinucci previously served as a director of SMTC Corporation and Advance Engineered Products Ltd. Mr. Marinucci is a Chartered Accountant and holds an Honours Bachelor of Commerce degree from McMaster University. Mr. Marinucci has a strong manufacturing background with a proven track record in operational restructurings and management of highly leveraged business concerns. Mr. Marinucci served for eight years as President and Chief Operating Officer for a major Canadian manufacturer and lessor of freight railcars and is a former President of the Canadian Association of Railway Suppliers. He has also held executive and senior management roles within leading Canadian and United States based organizations. Mr. Marinucci is also a member of several private company boards and is the founder and Chairman of the Marinucci Family Foundation, a registered charity focused on funding education, live arts and proactive healthcare initiatives. Mr. Marinucci is a member of the Institute of Corporate Directors and a graduate of the Directors Education Program.
Adam Gray is a managing partner of Coliseum Capital Management, a private firm that makes long-term investments in both public and private companies, which he co-founded in December 2005. He also serves as non-executive Chairman of Redflex Holdings Limited and serves on the board of The Pas Group Limited (both of which are listed on the Australian Securities Exchange) and the board of Blue Bird Corporation. Mr. Gray served on the board of directors of DEI Holdings, Inc. since February 2009 until its sale in June 2011, and on the board of directors of Benihana Inc. since September 2010 until its sale in August 2012. From January 2005 to November 2005, Mr. Gray was a consultant for a private investment firm. From 2003 to 2004, Mr. Gray served as Executive Vice President, Strategic Projects and Capital Management at Burger King Corp. From 1993 to 2003, Mr. Gray held several executive positions with the Metromedia Restaurant Group, comprised of S&A Restaurant Corp. and Metromedia Steakhouses Company, LP, which included the Bennigan’s, Steak & Ale, Ponderosa and Bonanza restaurant concepts. Prior to that time, Mr. Gray served as an Associate at Kluge & Co. and an Analyst within Morgan Stanley’s Merchant Banking Group. Mr. Gray holds both a BSE in Finance from the Wharton School of Business and a BS in Mechanical Engineering from the School of Engineering & Applied Science at the University of Pennsylvania.
Phyllis Cochran, CPA
Phyllis Cochran, CPA, is a corporate director and has served on the board of Spartan Light Metal Products, which is a private company, since 2014. Ms. Cochran also served on the board of The Mosaic Company from 2006 to 2013. She retired in 2012 after 33 years with Navistar International Corporation, a global manufacturer of commercial trucks and engines, where she served as President, Parts Group and President and Chief Executive Officer of Navistar Financial Corporation, among other leadership roles. She has strong strategic, operational and financial experience. Ms. Cochran also served on several not-for-profit and charitable boards and is a member of the Institute of Corporate Directors, National Association of Corporate Directors and the American Institute of Certified Public Accountants. Ms. Cochran holds a Bachelors of Science degree from Iowa State University.
Krystyna Hoeg, CPA, CA
Krystyna Hoeg, CPA, CA, is a corporate director and was the former President and Chief Executive Officer of Corby Distilleries Limited, a marketer and seller of spirits and wine. She occupied this position from October 1996 to February 2007. She joined the Allied Domecq group of companies in 1985 and held a number of senior financial positions with Hiram Walker & Sons Ltd., Hiram Walker – G&W Ltd., Allied Domecq Spirits and Wine and Hiram Walker and Sons Limited, lastly as Senior Vice-President of Finance – the Americas. Ms. Hoeg is currently a director of Imperial Oil Limited and is also a director of Revera Inc. and Samuel, Son & Co. Limited, both of which are private companies. She is a past director of Sun Life Financial Inc., Canadian Pacific Railway Limited, Shoppers Drug Mart Corporation and Cineplex Galaxy Income Fund and was a director of Ganong Bros. Limited, a private company. Currently, Ms. Hoeg is the chairperson of the board of directors of Michael Garron Hospital. She was a director of the Woodrow Wilson Center, Canadian Institute (Advisory Council), Green Shield Canada and St. Michael’s Hospital Foundation, as well as the Business Advisory Council of United Nations Office for Project Services. Ms. Hoeg is a Chartered Accountant (1982) and holds a Bachelor of Science from McMaster University, and a Bachelor of Commerce and a Masters of Science from the University of Windsor.
Paulo Cezar Da Silva Nunes
Paulo Cezar Da Silva Nunes is a corporate director and an independent automotive business consultant, providing services focused on strategy and governance in the automotive industry. Mr. Da Silva Nunes also serves as a director of Marcopolo S.A., one of the world’s largest bus manufactures and Cesbe S.A. Engenharia e Empreendimentos, a Brazilian construction company mainly focused on energy generation segments and industrial building construction. He served on the board of Sindipeças, the Brazilian association of auto parts manufacturers from 2002 to 2013. Mr. Da Silva Nunes held various senior positions with Dana Holding Corporation from 1994 to 2012, including as Vice-President, Business Development, as well as various positions with Racine Hidraulica S.A. from 1974 to 1993 and Massey Ferguson S.A. from 1971 to 1974. Mr. Da Silva Nunes holds degrees in business administration and general accounting.
Committees and Charters
- Articles of Amendment and Articles of Incorporation
- By-law No. 1
- Advance Notice By-law
- Amended and Restated Shareholder Rights Plan Agreement
- Amended and Restated Share Option Plan
- Amended Performance and Restricted Share Unit Plan
- Amended and Restated Directors Restricted Share Unit Plan
- Amended and Restated Directors Deferred Share Unit Plan