Canaccord Financial Inc. appoints Steve Buell Global Head of Research

06 November 2012

Will Oversee Canaccord Genuity’s Global Research Offering

TORONTO, November 6, 2012 – Canaccord Financial Inc. (TSX: CF, LSE: CF., ‘the Company’) is pleased to announce that Steve Buell has been appointed Global Head of Research at Canaccord Genuity, where he will oversee the company’s comprehensive research offering.

With research published from four geographies, Canaccord Genuity provides a global perspective on investing opportunities, and Mr. Buell will be entrusted with developing strategies to ensure clients benefit from the full scope of Canaccord’s research, and implementing best practices across the company’s global platform.

Mr. Buell joined Canaccord Genuity in 2010 as Managing Director and Director of U.S. Equity Research.  Prior to this, he served as Global Head of Equity Research at Piper Jaffray, Thomas Weisel Partners, Prudential Equity Group and ING Barings.  Steve has over 25 years of industry experience and holds a PhD in Neuroscience from the University of Rochester, School of Medicine and a BA in Biology from the University of Colorado.

Along with his new role, Mr. Buell will continue as Director of U.S. Research for Canaccord Genuity and will be based out of the Company’s New York office.

“Steve Buell has world-class experience in leading and overseeing expansive research teams, and we’re confident we can draw on his expertise to further develop the ways we provide our investment insights to our institutional and retail clients,” said Paul Reynolds, President and CEO of Canaccord Financial Inc.  “With research coverage of approximately 1000 companies and sales and trading capabilities in six countries, we’re focused on ensuring our clients receive the full benefit of Canaccord Genuity’s global platform.”

This announcement is the latest of several important management appointments aimed at strengthening the global integration of Canaccord Genuity’s capital markets team.  In October, Phil Evershed was appointed Global Head of Investment Banking.  In September, Peter O’Malley joined as Chief Executive Officer of Canaccord Genuity Asia to oversee Canaccord operations in mainland China, Hong Kong and Singapore, and Alexis de Rosnay joined as Chief Executive Officer of Canaccord’s U.K. and Europe operations.

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