TORONTO, May 4 /CNW/ - IBI Group Inc. (TSX: IBG) announced today the
appointment and commencement of work of its new Chief Financial
Officer, Mr. Anthony (Tony) Long, MBA, CA
Philip H. Beinhaker, Chairman Director of IBI Group and CEO of IBI Group
Inc. stated that "Tony Long has the professional experience in the
necessary financial areas, including in a public company environment,
to assume this role in the growing activity of IBI Group, as the firm
expands in the United States and internationally. Tony's exposure
includes international operations in multiple jurisdictions and
currencies combined with a broad range of experience in corporate
finance, financial controls, as well as both domestic and international
tax planning and compliance. IBI welcomes Tony as a strategic member
of the Executive Management Team".
About IBI Group Inc.
IBI Group Inc. is a TSX listed company, which pays monthly dividends and
trades under the symbol "IBG". IBI Group Inc. holds an indirect 72%
interest in IBI Group, a partnership (of a subsidiary of IBI Group Inc.
and IBI Group Management Partnership) which, directly and through its
subsidiary entities, provides professional services, including
planning, design, implementation, analysis of operations and other
consulting services in relation to four main areas of development,
being urban land, building facilities, transportation networks and
systems technology. The remaining 28% of IBI Group is owned by IBI
Group Management Partnership. On a partially diluted basis, assuming
the exchange of its partnership units of IBI Group for common shares of
IBI Group Inc., IBI Group Management Partnership together with
affiliated entities holds a combined 46% interest in IBI Group Inc.
SOURCE IBI Group Inc.
For further information:
Philip H. Beinhaker, Chief Executive Officer, IBI Group Inc., 230 Richmond Street West, Toronto, Ontario, M5V 1V6, Telephone: (416) 596-1930