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RICHMOND HILL, Ontario, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Canso Select Opportunities Corporation (TSX Venture: CSOC.A, CSOC.B) (the 'Company' or 'CSOC') is pleased to announce a new President and Chief Executive Officer of the Company.
Effective immediately, Mr. Timothy Hicks is relinquishing his roles as President and Chief Executive Officer of the Company in order to facilitate a better alignment of CSOC's evolving business with a more active management approach. He will continue to serve as a non-executive Director and Member of the Company's Investment Committee.
The Board of Directors has named Mr. Joe Morin to serve as President and Chief Executive Officer of CSOC. Joe is currently the Chief Investment Officer, Director and a Member of the Corporation's Investment Committee. Joe is also a Portfolio Manager at Canso Investment Counsel Ltd. (Canso), the portfolio management arm within the Canso Group of Companies, since 2009. For many years, Joe also held the position of Director of Investment Research at Canso. Prior to joining Canso, Joe was a Director of Corporate Debt Research at BMO Capital Markets responsible for covering the Canadian telecom, cable, media, retail, real estate and credit card ABS sector.
The addition of Joe as President and CEO strengthens the already deep management team of CSOC.
We look forward to working with Joe to execute CSOC's mission, creating long-term value for our shareholders.
CSOC is a publicly-listed, investment company focused on maximizing long-term total returns to shareholders by investing in an actively managed portfolio consisting primarily of Canadian and global holdings which could include large illiquid positions in private and public equity, debt, loans, real estate and infrastructure. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed upon the merits of the proposed transactions and neither of the foregoing entities has approved or disapproved of the contents of this press release.
More information on the Company may be found on the Company's website at .
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