People: Magellan Aerospace Corp (MAL.TO)
25 Apr 2019
Mr. Steven Somerville is Independent Director of Magellan Aerospace Corporation. Mr. Somerville was appointed President of Kerr Industries Limited on February 22, 2016, a private vehicle equipment installation company. He was Co-President at Spectrum Capital Partners Inc., a private equity investment company from 2012 to 2016. Prior to establishing Spectrum Capital Partners Inc., he was President of Bank of Montreal Capital Corporation (“BMOC”) from 2001 to 2012 where he was responsible for leading a team of professionals in providing junior capital, including subordinated debenture, mezzanine financing and minority equity investments to mid-market companies across Canada. Mr. Somerville chaired BMOC’s Management Committee and Investment Committee. He also led Bank of Montreal’s Mergers and Acquisitions team from 2001 to 2012. Prior to Bank of Montreal, he was a managing director at Canadian Imperial Bank of Commerce’s Mergers and Acquisitions group from 1996 to 2001. Mr. Somerville holds both a Bachelor of Arts (Economics) and MBA with distinction from the Ivey School of Business, University of Western Ontario. He is also an ICD.D.
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