Stuart Olson Inc. announced the departure of Daryl Sands, Executive Vice President and Chief Financial Officer. The Company also announced the appointment of Dean R. Beacon as interim Chief Financial Officer. Mr. Beacon is a senior executive with extensive work experience, including acting as a Chief Financial Officer of a public company.

Mr. Beacon was previously Senior Vice President Finance and Chief Financial Officer of Canexus. Mr. Beacon joined Canexus in 2012 as Treasurer and Director, Risk Management, and then became the Vice President Strategy, Risk and Business Development in 2014, before being appointed Senior Vice President Finance and Chief Financial Officer in 2015. Prior to joining Canexus, Mr. Beacon held senior positions responsible for treasury, finance, risk management and marketing.

Mr. Beacon also brings experience from the banking industry, having previously worked at two of Canada's major banks. Stuart Olson has commenced a search for a new Chief Financial Officer.