ECN Capital appointed Donna Toth and Carol Goldman the company’s board of directors to sit as independent directors effective April 10, 2017.

Toth has been a corporate director of LOGiQ Asset Management since December 2016 serving on the finance and audit and the governance, nominating and compensation committees. Toth has also been a director of the Children’s Aid Foundation since September 2013. She has been a member of the CAF finance and audit committee since September 2014, chair of the CAF investment committee and member of the CAF executive committee since September 2016. Toth enjoyed a 30 year career in the investment industry as an institutional equity sales professional and bank and financial services analyst. Most recently, Toth was a managing director of global equity sales for Scotia Capital from December 2009 to May 2016.

Goldman is a human resources professional with more than 30 years of executive leadership experience across several industries. She is executive vice president and chief administrative officer at Centene Corporation, where she has been since 2001. During her tenure at Centene Corporation as a member of the senior management team, the company has grown its total revenue to approximately $40 billion. Prior to 2001, Goldman held various human resources roles at Mallinckrodt, Cybertel and Central Microwave Company.

“As a proud member of the 30% Club Canada, I am very pleased to welcome Donna and Carol to ECN Capital’s board. Their leadership experience will help guide ECN Capital in the years to come,” said Steven K. Hudson, ECN Capital’s CEO. “Following the election of directors at our May 2017 annual shareholders’ meeting, 25% of our board will be women”.

Separately, Gordon Giffin will not stand for re-election to the company’s board of directors at the company’s annual general meeting of shareholders scheduled for May 12, 2017. He has served as director of ECN Capital since inception and previously served as a director of the predecessor company, Element Financial, since 2013.

“On behalf of the board of directors, management, our employees and our shareholders, I want to thank Gordon for his exceptional long-standing service to the company through the growth and development of the original business and the resulting separation transaction,” Hudson said. “I have personally known Gordon for over 20 years and have relied on his exceptional advice throughout my career.”