WINNIPEG, Nov. 10, 2011 /CNW/ - Exchange Income Corporation (TSX: EIF)
(the "Corporation"), announced the appointment of Ms. Serena
Kraayeveld, B.Comm (Hons), FCA, ICD.D, as an independent director of
the company effective today.
"We are very fortunate that Serena has joined our board of directors
given her strong business acumen and experience with large business
transactions," said Gary Filmon, Chairman of Exchange Income
Corporation. "Serena's appointment will enable Exchange to benefit
from her knowledge and experience, especially in matters of governance,
taxation, and corporate transactions, and in the further the
development of our corporate strategy."
Ms. Kraayeveld was previously the managing partner of the Winnipeg
office of PricewaterhouseCoopers LLP and prior to that was the partner
in charge of the Winnipeg tax group. In those capacities, she had
extensive experience in providing tax and business advisory services to
both public and private clients in a broad range of industries.
Ms. Kraayeveld is currently a director of CAA Manitoba and Niakwa
Country Club. She previously served as a council member of the
Institute of Chartered Accountants of Manitoba and was a governor of
the Canadian Tax Foundation. In addition, she served as the chair of
the Tomorrow Fund of the United Way of Winnipeg and was a board member
of the YMCA YWCA of Winnipeg, Ducks Unlimited Canada, the Manitoba
Theatre Centre and the United Way of Winnipeg.
About Exchange Income Corporation
Exchange Income Corporation is a diversified acquisition-oriented
company, focused on opportunities in the industrial products and
transportation sectors which are ideally suited for public markets
except for their size. The strategy of the Corporation is to invest in
profitable, well-established companies with strong cash flows operating
in niche markets in Canada and/or the United States.
The Corporation is currently operating in two niche business segments:
aviation and specialty manufacturing. The aviation segment consists of
the operations by Perimeter Aviation, Keewatin Air, Calm Air
International and Bearskin Lake Air Service and the specialty
manufacturing segment consists of the operations by Jasper Tank,
Overlanders Manufacturing, Water Blast Manufacturing, Stainless
Fabrication and WesTower Communications. For more information on
Exchange Income Corporation, please visit www.exchangeincomecorp.ca.
Additional information relating to the Corporation, including all public
filings, is available on SEDAR (www.sedar.com).
SOURCE Exchange Income Corporation
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