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BUSINESS Breaking News

Saxon Financial CEO Allan Smith resigns; Robert Tatersall steps in

TORONTO - Saxon Financial Inc. (TSX:SFI) disclosed Tuesday that Allan Smith has resigned as president and chief executive officer. Executive vice-president Robert Tattersall has been named interim CEO.

Smith's resignation, effective immediately, was attributed to personal reasons.

Tattersall is a founder of Howson Tattersall Investment Counsel, Saxon's investment management subsidiary, and is a director of the value-style investment management and mutual fund corporation.

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