BMO Financial Group making changes to senior executive ranks
TORONTO - BMO Financial Group made changes to its senior executive ranks including the appointment of Aron Levine as group head and president, BMO U.S.
Levine will lead BMO's U.S. personal and business banking, U.S. commercial banking and U.S. wealth management businesses, effective July 7. He will report to BMO Financial Group chief executive Darryl White and Darrel Hackett, CEO, BMO U.S., who will have overall accountability for BMO's U.S. business and serve as chair of the bank's U.S. management committee.
BMO also says Nadim Hirji, who has led BMO's North American commercial banking business since March 2023, will be appointed vice-chair, BMO commercial banking.
The changes come as BMO says Ernie (Erminia) Johannson plans to retire in early 2026, after leading BMO's North American personal and business banking group since 2020. Johannson will be appointed senior adviser.
The bank says Sharon Haward-Laird will be appointed group head, Canadian commercial banking and North American shared services and co-head of Canadian personal and commercial banking, while Mat Mehrotra will be appointed group head, Canadian personal and business banking and co-head of Canadian personal and commercial banking.
Mona Malone will be appointed chief administrative officer and continue to serve as chief human resources officer, while Paul Noble will be appointed general counsel and group head, legal and regulatory compliance.
This report by The Canadian Press was first published June 5, 2025.
Companies in this story: (TSX:BMO)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES MAY 2025 DISTRIBUTION
Toronto Stock Exchange: VANCOUVER, BC, June 10, 2025 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: announced today a cash distribution to unitholders of $0.115 per unit for May 2025. The distribution will be paid on June 30, 2025 to unitholders of record at the close of business on June 21, 2025. The Fund periodically reviews distribution levels based on its policy of stable and sustainable distribution flow to unitholders. ABOUT US The Fund is a limited purpose open ended trust with an excellent track record for investors since its IPO in 2002. Including the May 2025 distribution which is payable on June 30, 2025, the Fund will have paid out 269 monthly distributions and three special distributions totaling $465.5 million or $28.03 per unit. The Fund earns revenue based on the franchise system sales of the 372 Boston Pizza restaurants in the Fund's royalty pool. Boston Pizza is the premier casual dining brand in Canada. The first Boston Pizza restaurant opened in Edmonton, Alberta in 1964 and over 60 years later Boston Pizza proudly remains a 100% Canadian company serving communities from coast-to-coast-to-coast. It boasts a vast network of local franchise owners who collectively operate the largest number of dining rooms, sports bars, and patios across the nation, complemented by robust takeout and delivery services. Boston Pizza International Inc. has been recognized as a Franchisees' Choice Designation winner and a Platinum Member of Canada's 50 Best Managed Companies for many years, and has received awards from Great Place To Work in the categories of Best Workplaces: in Canada – 100-999 Employees, in British Columbia, in Retail & Hospitality, for Mental Wellness, for Women, for Giving Back, and with Most Trusted Executive Teams. The trustees of the Fund have approved the contents of this news release.® Boston Pizza Royalties Limited Partnership. All Boston Pizza registered Canadian trade-marks and unregistered Canadian trade-marks containing the words "Boston", "BP", and/or "Pizza" are trade-marks owned by the Boston Pizza Royalties Limited Partnership and licensed by the Boston Pizza Royalties Limited Partnership to Boston Pizza International Inc. SOURCE Boston Pizza Royalties Income Fund View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
INIU Launches Three New Charging Products in North America, Available Exclusively at Best Buy
INIU, a global leader in portable power solutions, has launched an exclusive lineup of charging accessories now available at Best Buy—online and in select North American stores. Los Angeles, CA, June 10, 2025 (GLOBE NEWSWIRE) -- INIU, a global leader in portable power solutions, has launched an exclusive lineup of charging accessories now available at Best Buy—online and in select North American stores. This expanded collaboration highlights INIU's commitment to delivering high-performance, intelligently engineered products to today's tech-savvy consumers seeking fast, reliable, and compact charging solutions. With over 40 million users across 174 countries, INIU is known for pioneering technologies like TinyCell™ for maximum battery density and HyperStack™ architecture for optimized power management and thermal performance. Recognized with prestigious accolades including the iF Design Award, Red Dot Award, and CES Innovation Award, INIU continues to raise the bar in the charging category through user-focused innovation. Now available exclusively at Best Buy: Leopard Charger 65W + Leopard Cable 100W: This compact GaN-powered charger is 50% smaller than standard 65W units, offering fast, dual-device charging. Bundled with a 100W USB-C FLYWEAVE cable built with an Emarker chip and 45,000-bend lifespan—ideal for high-demand devices like the MacBook Pro. Leopard Cable 60W (3-Pack): Offered in two versatile length combinations (0.5m + 1m + 2m or 2m + 2m + 1m), these premium cables are engineered for fast charging, long-lasting durability, and a wide range of charging setups, whether at home, at work, or on the go. Pocket Power 20K: A compact 20,000mAh power bank that delivers up to four full phone charges. Featuring TinyCell™ technology, built-in USB-C cable, and 22.5W PD fast charging, it can power three devices simultaneously—perfect for travel and daily carry. These products exemplify INIU's mission to make high-performance charging more accessible through sleek, functional design and top-tier engineering. Media Contact:Mauricio MagallonEmail: mauricio@
Yahoo
27 minutes ago
- Yahoo
K92 Mining Announces Voting Results of Annual General Meeting of Shareholders
VANCOUVER, British Columbia, June 10, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. ('K92' or the 'Company') (TSX: KNT; OTCQX: KNTNF) is pleased to announce the voting results of its 2025 annual general meeting ('AGM') of shareholders that was held today as a virtual and in-person event. All of the resolutions proposed at the meeting were duly passed. A total of 160,902,226 common shares, representing 66.83% of the Company's issued and outstanding common shares as at the record date were voted. All of the Company's six director nominees were elected and detailed results of the votes on directors are shown below: Name of Nominee Votes For Votes Withheld Number % Number % Mark Eaton 141,576,374 97.81 3,174,920 2.19 Anne E. Giardini 144,542,464 99.86 208,830 0.14 Saurabh Handa 144,109,082 99.56 642,212 0.44 Cyndi Laval 144,710,951 99.97 40,343 0.03 Nan Lee 144,721,191 99.98 30,103 0.02 John D. Lewins 144,699,736 99.96 51,558 0.04 Shareholders also voted in favour of the following matters: Set the number of directors at six (6); Re-appointed PricewaterhouseCoopers LLP as auditor of the Company for the ensuing year and authorized the directors to fix the auditor's remuneration; and Approved the non-binding advisory resolution accepting the Company's approach to executive compensation. Matter Votes For Votes Against Number % Number % Number of Directors (6) 160,667,308 99.85 234,918 0.15 Appoint Auditor 158,954,274 98.79 1,947,951 1.21 Advisory Vote on Executive Compensation 137,964,551 95.31 6,786,743 4.69 All six directors will serve on the Company's Board of Directors until the next annual meeting of shareholders or until their successors are elected or appointed. Further details on the above matters are set forth in the Company's meeting materials, including the Management Information Circular dated April 23, 2025, that are accessible on K92's website at and under the Company's issuer profile on SEDAR+ at Final voting results on all matters voted on at the AGM are also contained in the Report on Voting Results filed under the Company's profile on the SEDAR+ website. About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience. On Behalf of the Company, John Lewins, Chief Executive Officer and Director For further information, please contact David Medilek, CFA, President and Chief Operating Officer at +1-604-416-4445 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain 'forward-looking statements' under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study, including the Stage 3 Expansion, a new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as 'expect', 'plan', 'anticipate', 'project', 'target', 'potential', 'schedule', 'forecast', 'budget', 'estimate', 'intend' or 'believe' and similar expressions or their negative connotations, or that events or conditions 'will', 'would', 'may', 'could', 'should' or 'might' occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company's operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company's ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company's foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company's Annual Information Form under the heading 'Risk Factors'. Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
