REG-Canaccord Gen Grp: Canaccord Genuity Group names Dan Daviau President & CEO <Origin Href="QuoteRef">CF.TO</Origin>

Canaccord GenuityAnnouncement

11/09/2015 14:30

CANACCORD GENUITY GROUP INC. NAMES DAN DAVIAU PRESIDENT AND CHIEF EXECUTIVE  
                                    OFFICER                                    

                David Kassie to continue as Executive Chairman                 

Alexis de Rosnay appointed Senior Executive Vice President of Canaccord Genuity
Group Inc. and Global Head of Investment Banking

TORONTO, September 11, 2015 - The Board of Directors of Canaccord Genuity Group
Inc. (the "Company") announces today it has elected Daniel ("Dan") Daviau as
the firm's President and Chief Executive Officer, effective October 1, 2015. 
The appointment follows a thorough process of succession planning and
evaluation. Mr. Daviau succeeds David Kassie, who assumed the role of Chairman
and Chief Executive Officer in April, 2015, following the death of past
President and CEO, Paul Reynolds.

In conjunction with this appointment, Mr. Daviau will join Canaccord Genuity's
Board of Directors, an appointment which expands the Board to ten directors,
eight of whom are independent.

Mr. Kassie will continue to serve as Executive Chairman, with a particular
focus on client facing activities and strategic initiatives for the firm.

"Dan Daviau has a proven track record as a highly successful investment banker,
but more importantly, as a capable and strategic business leader," said Mr.
Kassie. "He has a deep understanding of Canaccord Genuity Group Inc.'s strategy
and culture and I am confident he possesses the vision and expertise to expand
our global market share and deliver increasing value for our employees, clients
and shareholders."

Mr. Kassie continued, "I would like to thank the Board of Directors for their
commitment to this very thorough succession planning process."

"I am honoured to lead this extraordinary organization as we enter the next
stage of our evolution as a leading, independent global investment bank," said
Mr. Daviau. "It is my intent to continue our focus on enhancing global
coordination and driving further operating efficiencies across our business and
importantly, ensuring Canaccord Genuity is an exceptional place to work."

Moreover, Alexis de Rosnay has accepted the additional roles of Senior
Executive Vice President of Canaccord Genuity Group Inc. and Global Head of
Investment Banking, where he will become increasingly involved in North
American and global investment banking activities. Mr. de Rosnay will remain in
London and will continue to serve as Chief Executive Officer of Canaccord
Genuity Limited (UK & Europe), which includes overall responsibility for
Canaccord Genuity Wealth Management operations in the region.

"Alexis has achieved a strong presence in the UK & Europe and has been
instrumental in building relationships and delivering successful outcomes for
key institutional and corporate clients across our global platform," said Mr.
Daviau. "I am pleased that he will continue to serve as a close partner and key
member of the executive leadership team."

As part of the total compensation arrangement with regards to their new roles,
Dan Daviau will receive a grant of 1.5 million restricted share units (RSUs) of
Canaccord Genuity stock and Alexis de Rosnay will receive a similar grant of
425,000 RSUs. This stock will vest in equal increments over five years and the
value of each year's vesting will be taken into consideration as part of their
total discretionary compensation for that year.

BACKGROUND ON DAN DAVIAU

Dan Daviau served as Chief Executive Officer of Canaccord Genuity's North
American Capital Markets business since February, 2015. From 2012 to 2015, Mr.
Daviau was President of the firm's US Capital Markets business, where he helped
to structure the firm's investment banking, research, sales and trading
operations in the region and improve cross-border capabilities. From 2010 to
2012, Mr. Daviau was Head of Investment Banking for Canaccord Genuity and was
actively engaged in improving the firm's sector diversification capabilities
and contributing to its global growth strategy. Prior to the Canaccord/Genuity
merger that was announced in 2010, Mr. Daviau was a Principal and Founder of
Genuity Capital Markets, where he held a variety of senior roles since 2005.

Prior to 2005, Mr. Daviau was Co-Head of Investment Banking at CIBC World
Markets, a firm he joined in 1991. While at CIBC World Markets, Mr. Daviau also
served as the Head of the Media and Telecommunications Group since 2000 and
Head of the Technology Investment Banking Group in Canada since 1997.

Having started his career as a securities lawyer with Goodman & Co., Mr. Daviau
has extensive experience in a broad range of financing transactions and M&A
assignments. His equity offering experience includes public and private
financings for a number of leading global technology, online gaming, media and
telecom companies. In the M&A space, Mr. Daviau has advised in excess of US$50
billion of transactions.

Mr. Daviau is based in Toronto, Canada. He holds an MBA from York University,
an LL.B. from Osgoode Hall/York University and a B.A. (Math and Statistics)
from the University of Western Ontario.

ABOUT CANACCORD GENUITY GROUP INC.:

Through its principal subsidiaries, Canaccord Genuity Group Inc. (the
"Company") is a leading independent, full-service financial services firm, with
operations in two principal segments of the securities industry: wealth
management and capital markets.  Since its establishment in 1950, the Company
has been driven by an unwavering commitment to building lasting client
relationships. We achieve this by generating value for our individual,
institutional and corporate clients through comprehensive investment solutions,
brokerage services and investment banking services.  The Company has offices in
10 countries worldwide, including Wealth Management offices located in Canada,
Australia, the UK, Guernsey, Jersey, and the Isle of Man.  Canaccord Genuity,
the international capital markets division, operates in Canada, the US, the UK,
France, Ireland, Hong Kong, China, Singapore, Australia and Barbados.  To us
there are no foreign markets.TM

Canaccord Genuity Group Inc. is publicly traded under the symbol CF on the TSX
and the symbol CF. on the London Stock Exchange.

Image with caption: "Canaccord Genuity Group Inc. names Dan Daviau President
and Chief Executive Officer" (Canaccord Genuity Group Inc./CNW Group). Image
available at:
http://photos.prnewswire.com/prnh/20150911/265689

FOR FURTHER INFORMATION CONTACT:

North America media:
Scott Davidson
Executive Vice President, Global Head of Corporate Development and Strategy
Phone: 416-869-3875, email: scott.davidson@canaccord.com

For investor relations inquiries contact:
Christina Marinoff
Vice President, Investor Relations & Communications
Phone: 416-687-5507, email: christina.marinoff@canaccord.com

London media:
Robert Morgan
Stockwell
Phone: +44 (0) 20 7240 2486
Email: robert.morgan@stockwellgroup.com

Brokers:
Oliver Hearsey
RBC Europe Limited
Phone: +44 (0) 20 7653 4000, email: oliver.hearsey@rbccm.com

Simon Hardy or Alex Collins
Jefferies International Limited
Phone: +44 (0) 20 7029 8000, email: simon.hardy@jefferies.com;
alex.collins@jefferies.com

(CF. CF)



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