Doug’s passion is launching and growing businesses. As a Finance Executive (CPA, CA), his contribution was developed and enlarged from occupying CFO roles in a number of industries including: Pharmaceuticals (Novo Nordisk Canada Inc., Glaxowellcome Canada Inc.), Consumer Packaged Goods (Carter Wallace), Electronics (Westinghouse Canada Inc.) and Energy Services (McDermott Incorporated) . Over a 30 year career, Doug demonstrated Executive level skills in managing high growth Enterprises, in a financially sustainable way. At Novo Nordisk Canada Inc., Doug contributed to an 8-year CAGR double digits profits growth, growing sales from $69M to over $300M. Profits contributions included: introducing an innovative supply chain business model and advanced business development insights. He became seasoned and was credible in effectively representing his Enterprise businesses to shareholders, external authorities and stakeholders, and internally with Senior Management colleagues and employees.
Doug’s CFO career prepared him well for transitioning into the world of Angel Investing. Doug joined Maple Leaf Angels (MLA) in 2014 and Angel One Network (Mississauga, Burlington) in 2015. Since then he has made a number of diverse investments in Craft Beer, Medical devices and Technology sectors. Doug is also a Limited Partner in both MLA48 Fund I and Fund II. Doug prefers to take an active mentoring role with his investments, and currently serves on the Board of Directors of 2 investee companies thus gaining valuable experience and insight into the challenges that confront early stage companies. Further, at MLA, Doug has broadened and deepened his contribution since joining in 2014. Starting with regular participation at weekly Office Hours, Doug evolved to serve on the Investment Review Committee (IRC), the Investment Committee for MLA48 Fund II and the MLA Board of Directors. Doug leverages his financial and governance strengths to bring a keen eye in challenging prospective Investee organizations in their financial and governance rigor, and their financing strategy.
Doug makes his highest contribution when participating in setting the enterprise mission, strategies and goals, then in building business operations to grow shareholder value. As an active member of the Angel One Network, Doug has increased access to deal flow in the region west of the GTA, and broadened opportunities for best practices sharing and syndication.