Board of Directors
Chair: Compensation Committee
Mr. Brian Hedges has been a Director of the Black Diamond Group since March 2021 and is the chair of the Compensation Committee. Mr. Hedges served as President and CEO of Russel Metals from 2009 until his retirement in 2019 and is currently on the Board of Directors of Russel Metals. Prior to being appointed as the President and CEO of Russel, Mr. Hedges was the Executive Vice President and COO from 2008 to 2009. Prior to that, he was the Executive Vice President and CFO from 1994 to 2007. Mr. Hedges’ long tenure at Russel saw him spearhead an evolution of the company, where Russel successfully integrated 32 acquisitions, improved asset management and returns, re-started, and significantly grew the common share dividend payments.
Mr. Hedges received an Honors Commerce Degree at Carleton University in Ottawa and is a Chartered Accountant.
Member: Audit Committee; Compensation Committee
Edward H. Kernaghan
Mr. Edward H. Kernaghan has been a Director of the Black Diamond Group since March 2018 and is a member of the Audit Committee and the Compensation Committee. Mr. Kernaghan brings extensive financial, governance and capital markets experience that is complementary to the Black Diamond Group Board composition.
Based in Toronto, Ontario, Mr. Kernaghan has over 15 years of experience in the financial services business. He held the position of Executive Vice President at Kernaghan Securities, a firm he started along with his father, Ted Kernaghan, in 2001. He is currently a partner at Kernaghan & Partners and is President of Kernwood Limited which, together with family members, owns over 10 million shares of Black Diamond.
He also currently serves on the board of five other TSX listed companies. Mr. Kernaghan is a graduate of the University of Toronto with a Master of Science in Theoretical Physics, and he has a Bachelor of Science, Honors degree from Queens University.
Member: Environmental, Social and
Governance and Nominating Committee
Ms. Leilani Latimer has been a Director of the Black Diamond Group since March 2021 and is a member of the Environmental, Social and Governance and Nominating Committee. Ms. Latimer has a track record of growing B2B, SaaS and enterprise software companies with extensive experience in the travel technology sector. During a 25 year career with Sabre Inc., Ms. Latimer held numerous leadership positions throughout the organization across the full commercial continuum. She also led Sabre’s global enterprise Sustainability strategy and launched the travel industry’s first Green Hotels program. Ms. Latimer is currently the Chief Commercial & Marketing Officer at Fair Trade USA, a global certification organization that drives supply chain transparency and sustainable development.
Ms. Latimer holds a BA from UC San Diego, a certificate in Management for International Executives from UC Riverside, and a certificate in Sustainable Management from Presidio Graduate School.
Member: Audit Committee
Mr. Stein has been a Director since 2007 and is a member of the Audit Committee. Steve was also a founding shareholder of Black Diamond Group, and an Officer of the company from 2007-2016. Recently, Mr. Stein has been invested in a waste and water management company, Terra Water, and he is involved in a power rental startup company, Remote Power Inc.
From 1990 until 2005, Mr. Stein was actively involved in the operations of the Outland Group, and its predecessor companies, of which he was a founder. He holds a bachelor’s degree (with honors), from Queens University. Steve completed a graduate designation through the Institute of Corporate Directors.