Go to navigation

Solium Board of Directors

Michael Broadfoot, Director


Mike has been a member of Solium's Board since 2002, most recently in the position of Chairman. He joined Solium full-time in 2010, as a Managing Director and assumed the role of President and CEO in January 2011.

Mike has an extensive history working in the development of early-stage technology companies. His most recent role before joining Solium was CEO of Engage Energy, a Calgary-based energy trading and marketing company, which he retired from in 2002.

Mike also has an extensive history working with boards of directors. He is currently the Chairman of both the Medgate and the InnerVision Medical Technologies boards, as well as the Director of the Curve Dental board. He is a past Director of Union Gas, the Ontario natural gas utility, and Peyto, a TSX-listed oil and gas company.

Mike has a bachelor of science degree in engineering and an MBA, both from the University of Alberta.

Brian Craig, Executive Chairman


Brian has served on the Solium Board of Directors since 2001, and has served in the role of President and Chief Executive Officer for the company from May 2002 to May 2006.

Prior to joining Solium full-time, Brian founded and was the President and Chief Executive Officer of Stormworks Ltd., a privately held e-business services company that was acquired by Solium.

Brian is a principal at a Calgary-based venture capital company, Adventure Capital. Through this vehicle Brian invests in many early-stage companies, including energy and technology startups. Brian has acquired board and audit committee experience at several businesses he has been involved with, including public and private companies.

Brian is an engineer and graduated with a bachelor of science degree in engineering from the University of New Brunswick in 1981.

Michael Deleray, Director


Michael joined Solium's Board of Directors in November 2009, with more than 20 years of experience in the financial services industry.

Michael is a founding partner of Bendigo Partners, LLC, a New York-based company that focuses on investment and operating partner opportunities in the global, technology-driven financial services market.

Michael began his career working in retail brokerage and securities at Dean Witter Reynolds and Fidelity Investments, then branched into operations and management at E*TRADE Financial. He later became an expert in global financial services as CEO of the then publicly-traded E*TRADE Australia, and as President of U.S. Equity Services at Computershare Ltd.

In 2007, Michael founded Deleray & Co., which provides consultancy services to the financial industry. His clients have ranged from registrars to brokers to exchanges, in markets as diverse as the U.S., the U.K. and India, and his areas of expertise include retail brokerage, share-registry services and acquisitions.

Michael graduated with a bachelor of arts degree from the University of California at Berkeley. He splits his time between California and New York.

Jeff English, Director


Jeff has been with Solium since 2004, and has been a board member since 2007. Originally Solium's Vice President of Market Development, he became President and CEO in 2006, overseeing the company's global operations and providing strategic direction for Solium's growth and expansion. Jeff is currently a Managing Director in the company.

Before joining the Solium team, Jeff was Vice President and Director of Energy Origination at TD Commodity & Energy Trading Inc. a TD Securities division responsible for overseeing market development and product sales to energy clients in North America. Jeff also spent 12 years in progressively senior roles with Engage Energy Canada LP, an energy merchant subsidiary of Westcoast Energy Inc.

Jeff is a significant shareholder in, and sits on the board of a private Calgary-based company with interests in real estate, manufacturing and retail operations.

Jeff has a master's degree in economics from the University of Calgary.

Marcos Lopez, Director


Marcos has been involved with Solium since the company's inception in 1999 and has since led the application development and system maintenance, and been responsible for all technology-related client relationships. He joined the Board in 2010, assumed the role of President of Solium's U.S. subsidiary in 2006, and was previously the Executive Vice President, Corporate & Business Strategy for the company before assuming the position of Managing Director in 2010.

Before joining Solium, Marcos co-founded Bitonic Solutions Inc., the software company that was responsible for the architecture, development and maintenance of the Shareworks application. Marcos was the President and CEO of Bitonic Solutions Inc. until it was acquired by Solium in 2002.

Marcos has a bachelor's degree in computer science from the University of Calgary, and, with his business partner at Bitonic Solutions Inc., was awarded the 2001 Young Entrepreneur of the Year award from the Business Development Bank of Canada.

Margot Micallef, Director


Margot joined Solium's Board of Directors in 2010. She is currently the President of Oliver Capital Partners Inc., a company she founded in 2003 that provides M&A advisory and corporate finance services to public and private companies. She also serves as counsel for Gowling Lafleur Henderson LLP, where she assists in the creation and launch of strategic initiatives, and assists lawyers and clients in the areas of M&As, divestitures and governance matters. Further to her professional career, she is involved in educational initiatives as an adjunct professor of governance and ethics at the University of Alberta and a faculty member of the Directors College, a joint venture between McMaster University and the Conference Board of Canada.

Margot is currently a member of the ENMAX Corporation Board of Directors and Chair of the ENMAX Corporate Governance Committee. She is also on the Canadian Women in Communications Board of Directors and the Canwest Board of Directors, and was appointed a Queen's Counsel in 2002.

Margot lives in Calgary.

Colleen Moorehead, Lead Director


Colleen joined Solium's Board of Directors in 2010. She is currently the Entrepreneur in Residence at Signal Hill Equity Partners, where she identifies and evaluates new investment opportunities and assists portfolio companies in executing strategies. Signal Hill Equity Partners is a Toronto-based private equity firm managed by experienced investors and business operators, focusing on Canadian mid-market companies.

Colleen's previous roles have included President and CEO of Nexient Learning, Vice President & General Manager of E*TRADE Financial Global Corporate Services and President/Vice President & Country Manager of E*TRADE Canada, which she also founded.

Colleen has been a member, director and vice-chair of a diverse group of boards in the past, including the Women's College Hospital Capital Campaign, the Stratford Festival Theatre, the Canadian Scholarship Trust Foundation, the TSX Policy Committee, and many others. She was also one of the original founders of The Judy Project, an organization that aims to help women advance into senior leadership and CEO positions.

Colleen has an honorary doctorate of civil law from St. Mary's University, and an honors degree in business administration with a minor in economics from the Wilfrid Laurier University.

Tom Muir, Director


Tom joined Solium's Board of Directors in 2010. He is the Co-Managing Director of Muir Detlefsen & Associates Limited, a Toronto-based firm that seeks to create shareholder value for its financial investor partners, and the Chief Transaction Officer and a Director of Ceres Global Ag Corp.

From 2005 to 2006, Tom was the Chief Development Officer of Maple Leaf Foods Inc., and from 1995 to 2005 he was the company's Chief Financial Officer. Prior to joining Maple Leaf Foods Inc., Mr. Muir was the Vice-President, a Director and a member of the executive committee of RBC Dominion Securities Inc. where he was Co-Head of the firm's investment banking group and, prior to that, Co-Head of the firm's M&A group. Prior to joining RBC Dominion Securities Inc., Mr. Muir was a Senior Manager in the financial services consulting practice of Ernst & Whinney and before that worked in the firm's auditing group.

Mr. Muir has a bachelor of commerce degree from the University of Toronto, and holds the Chartered Accountant and Fellow, Chartered Business Valuator designations.

Skip to content
  • Manage Global Plans

    As your stock and share plans grow and expand along with your company, Shareworks can help you simplify their administration – no matter how global-reaching they may be. We allow this through a variety of features, including:

    • Employee mobility tracking
    • Complete international tax calculations and automated withholding
    • Support for distributed payroll services and cash settlement in multiple currencies
    • A multilingual call center to provide complete plan participant support
    • The ability to group data in reports by region, cost center, payroll, department insiders, etc., providing added flexibility for administrators
    • The scalability to meet your needs as you grow and expand globally
    • And much more
  • Interact with Other Users

    The Shareworks Community was designed to allow you to interact with other users, and with Solium, in an effort to better learn and understand the software and the stock plan administration industry. The Shareworks Community also allows you to:

    • Interact with other users to help you improve your grasp of the software's capabilities
    • Expand your industry knowledge
    • Give your input on the future directions of Shareworks and other Solium services
    • Vote and weigh in on topics that Solium seeks feedback on
    • Have access to the latest Solium and Shareworks news, products and services
    • And much more
  • Keep Accurate Records

    Cut out all the time wasted on reconciling plan data – Shareworks' processes are automated to make the recordkeeping process accurate and secure. By automating manual processes, Shareworks offers a variety of other enhanced features, including:

    • Instant recordkeeping of every participant transaction within one database, from those of executives to entry-level employees
    • One comprehensive platform to integrate all types of plans and rules, simplifying and securing the process of recordkeeping for plan administrators
    • One login for all plan types, enabling you to consolidate multiple incentive and award types across multiple stock exchange listings and geographies
    • One data source to simplify information management, improve accuracy and ensure all stakeholders have access to the most recent data
    • Easily accessible and configurable reports and documents
    • Financial disclosure available in real time
    • And much more
  • Get Timely Support

    You have a smart and capable team in place to administer your plans in-house, but sometimes you need some expert guidance to fill in the gaps. Shareworks DIRECT was designed to give you the tools you need to be self-reliant, without leaving you hanging. Some of these features include:

    • An automated ticketing system to ensure plan administrators get a prompt response to their questions and concerns
    • Access to previously answered questions or items raised by your work colleagues, so you can review these to find quick answers when you need them
    • Participant access to our call center by phone or email for help with logging into and managing accounts, retrieving forgotten passwords, and any other general questions/concerns
    • And much more
  • Prepare Reliable Reports

    It has never been easier to access the reports and information you need, when you need them. Shareworks allows you security-enabled access to this information, making the reporting process easier for you and everyone on your team. Other benefits include:

    • Easily accessible and extractable reporting information for financial statements, expensing, proxy and quarterly reports and other compliance and reporting requirements
    • Easily viewable and accessible reports, available through the Shareworks Reporting Center
    • Access to information for everyone on your team and all the departments involved with stock plan administration, including HR, treasury, finance, payroll, etc.
    • Advanced security features that allow you to control who can access specific data and reports within Shareworks
  • Enhance Your Participant Experience

    You want your employees to have the best experience possible when they access their plan, and Shareworks can accommodate that. Our full-service solution is the most user-friendly solution on the market, empowering your employees with 24/7 access to their online accounts, from anywhere with Internet access, and much more. Other features for participants include:

    • Real-time stock quotes and direct access to financial markets for transactions and settlement
    • Three-day fund settlement periods for rapid receipt of proceeds
    • The ability to view awards and holdings in 30 currencies
    • Self-serve online statements and complete history of all transactions
    • Automated alerts on new grants, vesting periods, expiry of options and blackouts
    • Real-time and self-serve trade execution solution enabling both market and limit orders
    • The ability to exercise from multiple grants in the same transaction
    • 22 alternative exercise types supported
  • Reduce Compliance Risks

    As a plan administrator, reducing compliance risks is one of your top priorities – if not your main one. Shareworks was designed to a) help you keep your plan data and associated reporting accurate and compliant with industry regulations (such as FAS 123(r) / FASB / ASC 718, Sarbanes Oxley and IFRS), and b) accurately report your information. We do this by leveraging the following features:

    • Automated processes to help you protect against errors and liabilities resulting from manual processes
    • Easily accessible data history for audit trails
    • Robust security features, safeguarding against inaccuracies such as transactions during blackout periods or after an employee termination
    • Reliable, pre-configured reports and tools to easily prepare the information required for your expensing and financial reports
    • One single platform and database to keep record of all your transactions, consolidate all your equity plans and enable administrators and participants to access the same up-to-date information
  • Keep Your Data Secure

    Keeping your data compliant with industry standards isn't enough – it should also be kept secure. We ensure this several ways:

    • Create security settings for each corporate user, designating who can and can't access specific reports as well as certain areas of data within those reports thanks to Shareworks' matrix-level security
    • Enjoy the peace of mind that comes with knowing your data integrity is maintained with a single database housed in Tier 1 centers, with full redundancy
    • Protect your participants' transactions with Shareworks' 256-bit encryption, the highest level of security for transmitting confidential data over the internet
    • Rest assured you are using a reliable provider with Solium's rolling SAS 70 Type II certification
  • Automate Redundant Tasks

    You have important things to do. Shareworks was designed to manage the small details involved with stock plan administration for you. Shareworks allows you to automate more processes than most solutions such as:

    • Distributing grants and allowing review and acceptance online
    • Scheduling blackouts in advance for all your participants or by employee groups
    • Calculating taxes on grant exercises (when applicable)
    • Withholding taxes and delivering proceeds to distributed payroll in the preferred currency
    • Notifying participants of plan events such as new grants, vesting dates, grant expirations, blackout periods, transaction activity, etc.
    • And so much more
  • Migrate Existing Plans

    Do you dread the thought of a lengthy process involved with migrating your current plans over to new ones? Have you been putting it off for this reason? You don't have to worry when you work with Solium – our implementation team knows how important it is to make the process as painless and easy as possible for you and your team.

    • Our team has more than a decade of experience working with migrating plans for clients of all sizes and complexities
    • Our team understands that you don't have a lot of time and effort to devote to migrating your plans over
    • Our implementation process – for plans of all sizes and complexities – has been refined to require as little time and resources from your team as possible
    • We will look after all the small details for you while you continue to focus on your own priorities
Close
  • Manage Global Plans

    As your stock and share plans grow and expand along with your company, Shareworks can help you simplify their administration – no matter how global-reaching they may be. We allow this through a variety of features, including:

    • Employee mobility tracking
    • Complete international tax calculations and automated withholding
    • Support for distributed payroll services and cash settlement in multiple currencies
    • A multilingual call center to provide complete plan participant support
    • The ability to group data in reports by region, cost center, payroll, department insiders, etc., providing added flexibility for administrators
    • The scalability to meet your needs as you grow and expand globally
    • And much more
  • Leverage Our Expertise

    Your team is experienced and capable but we can help you fill in the gaps where you need assistance, or we can take on parts of your stock plan administration where required. When you choose Solium, you will also have access to:

    • Our entire team of experts, and their decades of experience in the stock plan administration industry
    • A qualified group of implementation specialists to get you up and running in no time
    • Your own assigned account team, dedicated to providing the best stock plan administration experience
    • Our call center, available Monday to Friday by phone or email, to assist your participants with their plan management or any questions or concerns
    • An unmatched technology backed by a passionate team of skilled software developers
  • Keep Accurate Records

    Cut out all the time wasted on reconciling plan data – Shareworks' processes are automated to make the recordkeeping process accurate and secure. By automating manual processes Shareworks offers a variety of other enhanced features, including:

    • Instant recordkeeping of every participant transaction within one database, from those of executives to those of entry-level employees
    • One comprehensive platform to integrate all types of plans and rules, simplifying and securing the process of recordkeeping for plan administrators
    • One login for all plan types, enabling you to consolidate multiple incentive and award types across multiple stock exchange listings and geographies
    • One data source to simplify information management, improve accuracy and ensure all stakeholders have access to the most recent data
    • Easily accessible and configurable reports and documents
    • Financial disclosure available in real time
    • And much more
  • Automate Redundant Tasks

    You have important things to do. Our full-service Shareworks solution was designed to manage the small details involved with stock plan administration for you. Let us take care of the administrative jobs, so you can concentrate on more important things. We will help you with:

    • Loading new grants
    • Entering demographic information
    • Managing grant acceptances, blackouts, terminations and forfeitures
    • Notifying participants of major plan events
    • Preparing tax slips such as Forms 3921 and 3922 for IRC Section 6039 requirements
    • Automating processes that you previously had to do manually
    • And more
  • Prepare Reliable Reports

    It has never been easier to access the reports and information you need, when you need them. Shareworks allows you security-enabled access to this information, making the reporting process easier for you and everyone on your team. Other benefits include:

    • Easily accessible and extractable reporting information for financial statements, expensing, proxy and quarterly reports and other compliance and reporting requirements
    • Easily viewable and accessible reports, available through the Shareworks Reporting Center
    • Access to information for everyone on your team and all the departments involved with stock plan administration, including HR, treasury, finance, payroll, etc.
    • Advanced security features that allow you to control who can access specific data and reports within Shareworks
  • Enhance Your Participant Experience

    You want your employees to have the best experience possible when they access their plan, and Shareworks can accommodate that. Shareworks is the most user-friendly option on the market, empowering your employees with 24/7 access to their online accounts from anywhere with Internet access, and much more. Other features for participants include:

    • Real-time stock quotes and direct access to financial markets for transactions and settlements
    • Three-day settlement periods for rapid receipt of proceeds
    • The ability to view awards and holdings in 30 different currencies
    • Self-serve online statements and complete history of all transactions
    • Automated alerts on new grants, vesting periods, expiry of options and blackouts
    • Real-time and self-serve trade execution solution enabling both market and limit orders
    • The ability to exercise from multiple grants in the same transaction
    • 22 alternative exercise types supported
  • Reduce Compliance Risks

    As a plan administrator, reducing compliance risks is one of your top priorities – if not your main one. Shareworks was designed to a) help you keep your plan data and associated reporting accurate and compliant with industry regulations (such as FAS 123(r) / FASB / ASC 718, Sarbanes Oxley and IFRS 2), and b) accurately report your information. We do this by leveraging the following features:

    • Automated processes to help you protect against errors and liabilities resulting from manual processes
    • Easily accessible data history for audit trails
    • Robust security features, safeguarding against inaccuracies such as transactions during blackout periods or after an employee termination
    • Reliable, pre-configured reports and tools to easily prepare the information required for your expensing and financial reports
    • One single platform and database to keep record of all your transactions, consolidate all your equity plans and enable administrators and participants to access the same up-to-date information
  • Keep Your Data Secure

    Keeping your data compliant with industry standards isn't enough – it should also be kept secure. We allow you to:

    • Create security settings for each corporate user, designating who can and can't access specific reports as well as certain areas of data within those reports thanks to Shareworks' matrix-level security
    • Enjoy the peace of mind that comes with knowing your data integrity is maintained with a single database housed in Tier 1 centers, with full redundancy
    • Protect your participants' transactions with Sharworks' 256-bit encryption, the highest level of security for transmitting confidential data over the internet
    • Rest assured you are using a reliable provider with Solium's rolling SAS 70 Type II certification
  • Remain Apprised of Your Plans

    You want a full-service solution for your stock plan administration, but you also want to retain ultimate control of your plan, and have quick and easy access to your data whenever you need it. At Solium, we understand this. Our unique, fully encompassing solution was designed to give you the best of both worlds by allowing you not only the peace of mind that comes with outsourcing your administration services, but also the ability to:

    • Access the information you need, when you need it
    • Run your own real-time reports at any time
    • Enable security-controlled access for all your plan administrators
    • Add time-sensitive blackouts at any time, from anywhere with Internet access and a browser connection
    • Contact your assigned account team to obtain additional information about your plans – such as plan rules, grant information, etc. – or with any issues or concerns
  • Launch New Plans

    Do you dread the thought of a lengthy and intrusive process new plan implementation? Have you been putting off switching over your current equity incentive plans to a new administration solution for the same reason? You don't have to worry about this when you work with Solium. Our implementation team knows how important it is to make the process as painless and easy as possible for you. A few more benefits to our process:

    • Our implementation team has more than a decade of experience working with clients and plans of all sizes and complexities
    • Our team requires as little of your time and resources as possible
    • Our client training ensures your plan administrators are fully acclimated to Shareworks as soon as it's up and running
    • Your data will be balanced to your starting point without any need for auditor explanations
    • Our streamlined brokerage integration will ensure you're up and running without undue delays
Close
  • Solium Help & Support
    Account Help

    You forgot your password or would like to complete a transaction? Solium's Participant Services Group is there to help with any questions regarding your online account Monday to Friday, from 8 a.m. to 8 p.m. ET.

    Toll-free: 1.877.380.7793
    International: 1 + international code + 403.515.3909
    Email: help@solium.com

    Licensing Inquiries

    Want to learn more about Solium's innovative stock plan administration solutions and how they can support your company's objectives? Our solutions consultants are here to help.

    Toll-free: 1.877.380.7793
    Email: solutions@solium.com
    Book a product demo




Close