Stuart Olson Inc. announced that its Executive Vice President and Chief Financial Officer, Bharat Mahajan, has notified the Company of his decision to resign and that he has accepted a different position. The Company also announced the appointment of Dean R. Beacon as Executive Vice President and Chief Financial Officer. Mr. Beacon previously held the position on an interim basis from September 9, 2019 to January 8, 2020.

Mr. Beacon is a senior executive with extensive work experience, including acting as a Chief Financial Officer of a public company. He was previously Senior Vice President Finance and Chief Financial Officer of Canexus.