Vicwest Inc. Announces Management Change

Toronto Stock Exchange: VIC, VIC.DB

OAKVILLE, ON, April 6, 2011 /CNW/ - Vicwest Inc. (the "Company") today announced the appointment of Edward Mahood as interim Chief Financial Officer following the departure of John Slattery. The appointment takes effect immediately.

Mr. Mahood has over 20 years of experience in finance, and was most recently EVP and CFO for Linamar Corp, a large publicly traded precision manufacturing company with a market capitalization of $1.4 billion. Prior to joining Linamar, Mr. Mahood held a series of increasingly senior finance positions at Toyota Motor Manufacturing Canada, including ultimately leading the finance department before joining Linamar in 2008. Mr. Mahood has broad experience in managing all financial aspects of manufacturing organizations and has extensive experience in capital markets and overseas operations.

In making the announcement, Colin Osborne, Vicwest Inc. President and CEO, said: "John has been a significant contributor to the Company's success over the past several years. We thank him, and wish him all the best in his future endeavours. In appointing Ted Mahood, we achieve an orderly transition to an executive with great credentials who will help us to continue the strategic growth and development of our industry leading businesses."

Fraser Berrill, Chairman of the Board, stated "While the board will fully consider the Company's options to fill this role, we are confident that Mr. Mahood can immediately and capably assume carriage of all aspects of the Company's financial organization, and be an integral part of the executive team. Mr. Mahood's long tenure with world class manufacturing companies, his public company experience, and his expertise in managing overseas operations will be a great complement to Vicwest 's existing business and strategies."


Vicwest Inc. is a leading manufacturer and distributor of building construction products, and steel containment products for agricultural grain, fertilizer and liquid storage. Through its Vicwest Building Products division, the Company fabricates and markets metal roofing, siding and other metal building products under the trade names Vicwest, Mercury Metals, Valley Truss & Metal, RCA Metal and AWIP-Vicwest USA. The Company's Westeel Storage Solutions division manufactures storage solutions for agricultural grain and fertilizer, as well as liquid storage tanks and accessories. These products are manufactured and distributed under the trade names Westeel, Northern Steel Industries and NSI. Through a global alliance, Westeel distributes Buhler Industries-manufactured grain handling equipment in Canada under the Westeel brand while Buhler Industries markets and sells Westeel-manufactured products through its US distribution network. With approximately 1,100 dedicated employees and strategically located manufacturing facilities, the Company delivers superior quality products and excellent service to customers in chosen markets. Vicwest Inc. is a member of the S&P/TSX SmallCap Index. For more information, visit


Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, management's beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "outlook", "objective", "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue", or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Readers are encouraged to review the most recently filed Management's Discussion and Analysis and other disclosure documents filed by the Company with Canadian securities regulatory agencies and commissions. Readers are cautioned not to place undue reliance on the Company's forward-looking statements. The forward-looking statements contained herein are made as of the date of this press release and except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Vicwest Inc.

For further information:

Colin Osborne
President & Chief Executive Officer
Vicwest Inc 
Tel: (905) 469-5700
Fax: (905) 825-1090
Edward (Ted) Mahood
Vicwest Inc. 
Tel: (905) 469-5707
Fax: (905) 825-1090


Organization Profile

Vicwest Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890