Crosswinds appoints McCormick as interim CFO

Crosswinds Holdings Inc has named Susan McCormick as interim chief financial officer. The appointment becomes effective June 1. McCormick’s work background includes stints at CIBC, Credit Suisse and Yahoo! Canada.

PRESS RELEASE

TORONTO, ONTARIO–(Marketwired – May 28, 2015) – Crosswinds Holdings Inc. (“Crosswinds” or the “Company”) (TSX:CWI) today announced that it has appointed Susan McCormick as Interim Chief Financial Officer effective June 1, 2015. Ms. McCormick’s appointment is being made following the receipt of Paul Van Damme’s resignation as Chief Financial Officer of the Company to pursue other opportunities.

Ms. McCormick brings to the Company more than 30 years of finance experience including positions held at CIBC, Credit Suisse, Yahoo! Canada and Clean Power Income Fund. Susan has held a number of Director of Finance and Controller roles for a variety of public companies. She holds Commerce and Master of Economics degrees from the University of Toronto. She is a Canadian Chartered Accountant and a Certified Public Accountant (Illinois).

“On behalf of the Company and the Board of Directors we thank Paul for his contributions over the years and we wish him continued success in his future endeavors,” said Colin King, Chief Executive Officer. “At the same time we are pleased to have Susan joining us. Susan brings a tremendous amount of experience to our team.”

The Company is also announcing a change in its Toronto office address effective June 1, 2015. The Company’s new address will be 401 Bay Street, Suite 2828, Toronto, Ontario, M5H 2Y5.

Crosswinds Holdings Inc.
Crosswinds is a publicly traded private equity firm and asset manager targeting strategic and opportunistic investments in the financial services sector with a particular focus on the insurance industry.
www.crosswindsinc.com