REG-Canaccord Gen Grp: Statement re passing of Paul Reynolds <Origin Href="QuoteRef">CF.TO</Origin>

Canaccord GenuityAnnouncement

02/04/2015 11:40

Statement from the Board of Directors of Canaccord Genuity Group Inc.

TORONTO, April 2, 2015 /CNW/ - It is with great sadness that the Board of
Directors of Canaccord Genuity Group Inc. announces that Paul Reynolds has
passed away in Kona, Hawaii following complications related to a health
incident while competing in a triathlon. Paul was 52 years old and leaves
behind his wife, four children and his extended family.  

Following a heartfelt motion of appreciation and sympathy to Paul's family and
friends, the Board appointed David Kassie to the position of CEO with immediate
effect.

With the support of a carefully selected leadership team, Paul confidently led
Canaccord Genuity from its roots as a Canadian based brokerage through numerous
initiatives and transactions to become a leading independent global investment
bank. Since becoming Chairman in 2010, David has worked closely with Paul and
has been actively engaged in the development and implementation of the current
corporate strategy. The Board is confident that David has the necessary
experience to lead the Company forward. Looking ahead, David will be actively
engaged with the Corporate Governance Committee of the Board in the succession
planning process.

"This is a difficult day for everyone at Canaccord Genuity. As the architect of
our firm's global transformation, Paul's distinct style of partnership,
friendship and respect over three decades of commitment is just part of the
legacy he leaves us all," said David Kassie, Chairman and CEO of Canaccord
Genuity Group Inc. "On behalf of all employees and the Board of Directors, I
extend our deepest condolences and support to Paul's family and to the many
people who came to know him as a colleague, mentor and friend."

The family would like to thank everyone who has sent emails offering support,
comfort and prayers.

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 and Europe.  Canaccord Genuity, the international capital
markets division, operates in Canada, the US, the UK, France, Germany, 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. 



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 or Nicola Ratchford, Stockwell, Phone: +44 (0) 20 7240 2486, email:
robert.morgan@stockwellgroup.com; nicola.ratchford@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




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