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Announcement

Felesky quits Horizons ETFs

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Chief Executive Officer, Adam Felesky has left Horizons ETFs Management (Canada), with Taeyong Lee, Executive Chairman of Horizons ETFs assuming his duties and responsibilities until a new CEO is appointed.

All other members of the senior management team at Horizons ETFs remain intact, including the President, Howard Atkinson; the Senior Executive Vice-President and Chief Investment Officer, Steve Hawkins; and the Chief Operating Officer and Chief Compliance Officer, Kevin Beatson.

"As one of its principal founders, Adam was instrumental in helping build Horizons ETFs a leading ETF provider in Canada over the last decade," says Lee. "Mirae Asset would like to thank him for his many contributions to our ETF business and wish him every success in his future endeavours.

"Horizons ETFs has built a strong financial products platform, with a robust lineup of award-winning ETFs that are overseen by one of the most experienced ETF management teams in North America," said Mr. Lee. "We believe Horizons ETFs is extremely well positioned to enter its next phase of growth in the Canadian marketplace."

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