Winnipeg Free Press - PRINT EDITION

Business Watch

  • Print

StandardAero CEO quits

STANDARDAERO president and CEO Rob Mironis has resigned and Firoz Tarapore, a director and member of the executive committee since 2007, has been named interim president and CEO.

The company said Mironis resigned to pursue other opportunities.

Steve Kelly, a spokesman for the company, said "It was a decision between Rob and the board. He left on good terms with the company and everyone wishes him the best.

His departure is unrelated to any issues we are facing today."

Tarapore will keep his board position and will serve as interim CEO until a permanent replacement has been identified.

"We are thankful for the loyal service and the many contributions Rob has made during his time with the company," said Tarapore.

"We are making strong progress across all our core markets and remain committed to our customers and growth agenda.

We will continue to deliver high standards of quality and customer service."

BlackBerry ho-hum in U.S.

DEMAND appears to be underwhelming so far for the new BlackBerry Z10, with no store lineups reported on the day the touchscreen smartphone made its debut in the U.S., according to analysts.

The launch in the U.S., considered to be a key market for BlackBerry, comes about six weeks after the smartphone began selling in Canada and the United Kingdom.

The new BlackBerry is now is available through major wireless carrier AT&T. "I had to ask the salesperson, 'Where is this phone?' " said telecom analyst Anil Doradla, who tried out a BlackBerry Z10 at an AT&T store in downtown Chicago.

"The placement of the phone is along with all the other phones. It's not an exclusive placement."

Lumber prices building

MONTREAL -- North American lumber prices have increased by 60 per cent since late 2011 on an improving U.S. housing market and elevated demand from Asia, an international forestry consulting firm says.

Wood Resources International says the random length lumber price index peaked in February while the price of sawlogs in the western United States has continued to increase early in 2013 after ending at a five-year high in 2012.

CP boss gets $49.2M

CALGARY -- Canadian Pacific Railway Ltd. CEO Hunter Harrison received a total of $49.2 million in compensation last year, most of it to make up for pension and other payments his previous employer refused to pay when he took the top job at the rival railway.

Harrison's direct compensation, including a $1-million base salary, totalled $4.1 million in 2012, according to an information circular posted ahead of the company's May annual general meeting.

 

-- from staff, the news services

Republished from the Winnipeg Free Press print edition March 23, 2013 B7

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Your top TV picks for Nov. 28-30

View more like this

Photo Store Gallery

  • KEN GIGLIOTTI  WINNIPEG FREE PRESS / July 23 2009 - 090723 - Bart Kives story - Harry Lazarenko Annual River Bank Tour - receding water from summer rains and erosion  damage by flood  and ice  during spring flooding -  Red River , Lyndale Dr. damage to tree roots , river bank damage  , high water marks after 2009 Flood - POY
  • Marc Gallant/Winnipeg Free Press. Local- Peregrine Falcon Recovery Project. Baby peregrine falcons. 21 days old. Three baby falcons. Born on ledge on roof of Radisson hotel on Portage Avenue. Project Coordinator Tracy Maconachie said that these are third generation falcons to call the hotel home. Maconachie banded the legs of the birds for future identification as seen on this adult bird swooping just metres above. June 16, 2004.

View More Gallery Photos

Poll

Should Canada send heavy military equipment to Ukraine?

View Results

View Related Story

Ads by Google