Pinetree Capital's chairman and CEO to resign
Sheldon Inwentash, chairman and CEO of Canadian investment and merchant banking firm Pinetree Capital, will resign his position at the firm, as well as his seat on the board of directors. The resignation is a result of an agreement with certain debenture holders concerning the firm's default of a debt covenant. Richard Patricio, the firm's vice president of corporate and legal affairs, will assume the responsibilities of CEO in the interim. Based in Toronto, Pinetree invests in energy, precious metals and technology companies.
28 January 2015•6 mins read
