Canaccord Genuity Group announced Friday morning that Daniel Daviau has been appointed president and CEO 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.
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."
In conjunction with Daviau’s appointment, 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.