Amaya appoints Chief Financial Officer
16 May 2017
(PRESS RELEASE) -- Amaya Inc. today announced the appointment of Brian Kyle as Chief Financial Officer of Amaya, effective 19 June 2017. Mr. Kyle joins Amaya from Pivot Technology Solutions, where he was Chief Financial Officer. Mr. Kyle brings with him an extensive background in capital markets, financial and strategic planning, tax, investor relations and risk management.
"Brian will be a great addition to Amaya's executive team," said Rafi Ashkenazi, Amaya's Chief Executive Officer. "He brings a wealth of experience in the capital markets working with technology companies. We expect Brian to take our finance and investor relations functions to the next level and deliver great value to our people, customers and shareholders."
"It is a tremendous opportunity to join Amaya at such an exciting time in its evolution," said Mr. Kyle. "I'm looking forward to getting to work and helping the Amaya team navigate the future."
Mr. Kyle brings more than 25 years of senior financial and strategic planning experience to Amaya, with a proven track record of building shareholder value and a strong reputation in the U.S. and Canadian capital markets. Prior to joining Pivot in August 2016, Mr. Kyle was a partner and co-founder of ALSA Capital Ltd, a specialized asset management firm, from August 2014 to August 2016. Prior to ALSA, Mr. Kyle spent five years at TSX-listed DH Corporation, where he was CFO and helped transform the organization into a leading financial technology and software as a service (SAAS) company.
At DH, he oversaw six acquisitions, divested five businesses, streamlined its cost base, as well as accessed both the U.S. and Canadian capital markets on numerous occasions for equity and debt offerings. During his tenure, DH's market capitalization increased by over CA$2 billion. Prior to this, he held a number of senior financial positions in leading publicly traded technology, consumer product and manufacturing companies, including with Teranet, a provider of integrated land-based information systems and software services, where he oversaw its CA$1 billion initial public offering on the TSX, as well as its subsequent CA$1.6 billion sale and privatization transaction.
Mr. Kyle has been on a number of advisory boards and is currently a board member of VersaPay Corporation, a TSX-V listed fintech company and Pivot. Mr. Kyle is a member of the Chartered Professional Accountants of Ontario, holds an MBA from Queen's University School of Business and has an Honorary Doctorate in Laws from University of Windsor.
Mr. Kyle will be based in Toronto and succeed Daniel Sebag, who has served as Amaya's Chief Financial Officer since 2007 and will assist Mr. Kyle and Amaya in ensuring an orderly transition of his duties.