Wealthcraft Capital Inc. announced the appointment of John MacPhail as CEO and Robert Wilson as President, effective immediately. Both Mr. MacPhail and Mr. Wilson will also be appointed to the new Board of Directors that the company expects to announce in the near future. Mr. MacPhail has 30 years of experience in the investment banking industry, having worked at several Canadian investment dealers, including as CEO of a national dealer that he joined during the 2008 economic crisis and later successfully sold to another large Canadian investment dealer.

Most recently, he was CEO of I-5 Holdings Ltd. Mr. MacPhail also sits on the boards of several other public companies and has been involved with numerous non-profit organizations. Mr. Wilson has a 30-year career in investment management and investment banking, with a particular focus on M&A, corporate governance and corporate management. During his career, Mr. Wilson has held senior positions in investment banking at BMO Nesbitt Burns, First Marathon Securities, Yorkton Securities and Research Capital.

Most recently, Mr. Wilson held senior positions at two publicly-listed cannabis companies, where he was responsible for corporate finance and M&A. Over his career, Mr. Wilson has held board seats and senior executive positions at six public companies listed on the CSE, TSX and TSXV exchanges.