OTTAWA, July 16 /CNW Telbec/ - NAV CANADA today announced the appointment
of Brian K. Aitken as Acting Vice President, Finance, Chief Financial Officer
and Treasurer, effective July 12, 2008, pending selection of a permanent
replacement for William Fenton who has announced his retirement from this
Aitken joined NAV CANADA in 2002 as Director of Finance, having
previously held senior financial roles at Alcan Aluminium Limited, E.B. Eddy
Ltd. and Domtar Inc. In 2007, he was named Assistant Vice President, Finance,
taking on increased responsibilities in financial accounting and reporting,
decision support, internal controls and taxation.
"Brian has played a key role in many of the Company's major strategic
initiatives," said John Crichton, President & CEO. "He is well versed in the
core business and financial underpinnings of NAV CANADA, having worked through
the financial challenges of the post-9/ll industry downturn, the SARS crisis
and the implementation of our revised disclosure controls and procedures.
Aitken recently led the in-depth review of internal controls over
financial reporting, to support the certifications by the NAV CANADA CEO and
CFO as required by securities regulations. He is also the chair of the
Company's disclosure committee, which supports the CEO and CFO in their
external disclosure responsibilities.
Before joining NAV CANADA, Aitken held the Chief Financial Officer
position at Calian Technology Ltd., following stints as Vice President,
Treasury at Domtar Inc., and Chief Financial Officer at E.B. Eddy Limited.
He holds a Bachelor of Commerce with Joint Honours in Accounting and
Economics from McGill University, Montreal, and has completed the Executive
Program at the University of Western Ontario. He is a member of the Ontario
and Canadian Institutes of Chartered Accountants, and of the Financial
NAV CANADA, the country's civil air navigation services provider, is a
private sector, non-share capital corporation financed through publicly-traded
debt. With operations coast to coast, NAV CANADA provides air traffic control,
flight information, weather briefings, aeronautical information services,
airport advisory services and electronic aids to navigation.
For further information:
For further information: John Morris, Director, Communications, (613)
563-7032; Ron Singer, Manager, Media Relations, (613) 563-7303; Nadège Adam,
Advisor, Media Relations, (613) 563-5972; Media Information Line,