Solium Executive Team

Mike Broadfoot, Managing Director, President & Chief Executive Officer

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

Mike has an extensive history working in the development of early-stage technology companies. His most recent role before joining Solium was as 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, Managing Director

Brian was Solium’s President and Chief Executive Officer from 2002 to 2006 and is currently a Managing Director. He has been on the Board of Directors since 2001. 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.

Jeff English, Managing Director

Jeff has been with Solium since 2004. Originally the Vice President of Market Development, he became President and CEO in 2006, and shifted into a Managing Director role in 2010. Jeff has also been on the Board of Directors since 2007.

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, Managing Director

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

Rudi Bester, Executive Vice President, Global Sales

Rudi joined Solium in 2006 as the Vice President, Market Development, and was appointed Executive Vice President, Sales and Marketing, the following year. In 2008 he was promoted to Executive Vice President, Global Sales, a role which has him overseeing all of Solium's sales and market development initiatives.

Prior to joining Solium, Rudi worked in progressively senior management roles for Ceridian, and before that was self-employed for more than a decade. He began his sales management career with Cilag AG, a global subsidiary of Johnson & Johnson Professional Products.

Rudi graduated from the IMM Graduate School of Marketing in South Africa with a major in marketing management, and is currently completing an MBA in Leadership & Sustainability through the University of Cumbria, in the U.K.

June Davenport, Executive Director, Corporate Services

June has been a driving force at Solium since she joined the company in 2000. Initially, June was responsible for building the operational infrastructure for Solium in North America. In her most recent role as Executive Vice President, Business Integration, she oversaw strategic partner integration and directed the customer relationship team. June has recently taken on a new assignment – in a new geography – as Executive Director, Corporate Services for Solium Capital UK. Based in London, June is part of a core team focused on building Solium's market presence and operational base in Europe.

June has more than 25 years of experience working with all types of share entitlement programs, including more than 15 years specializing in defined contribution savings and retirement plans in the trust industry. Before joining Solium, June spent 14 years in progressively senior roles with Royal Trust and the Royal Bank of Canada.

June has completed the Canadian Securities Course, the Canadian Securities Institute Professional Financial Planning Course and the CEBS Certificate of Academic Achievement in Retirement Plans. June graduated with a bachelor of arts degree in business management from the University of Strathclyde, in Scotland.

Jeannie Kezama, Executive Vice President, Human Resources

Jeannie joined Solium in 2007 as the Vice President, Service Operations, and assumed the role of Executive Vice President later that year. Currently, Jeannie provides executive oversight on all aspects of customer service operations and ensures that Solium continues to evolve and implement industry-leading practices in all areas that impact client service.

Prior to joining Solium, Jeannie was the Operations Manager at Louis Dreyfus Energy Canada Inc., where she played an integral role in the organization's startup in Calgary. Jeannie has extensive experience managing high-performance teams known for delivery, performance and client empathy. She brings to Solium a proven ability to lead teams, scale operations and contribute strategic input towards operational goals.

Lynn Leong, Executive Vice President, Finance & Administration

Lynn has been with Solium since 2000 and brings experience in regulatory compliance, business modeling, finance, treasury, financial planning and taxation, as well as accounting and financial reporting skills.

Before joining Solium, Lynn was the Corporate Controller for Net Shepherd Inc., an Alberta-based public high-technology company listed on the CDNX. Lynn was a senior manager and the Chairperson of the High-Technology Industry Specialty Group in the Deloitte & Touche Calgary office.

Lynn obtained her bachelor of commerce degree from the University of Calgary in 1989 and received her Chartered Accountant designation in 1993.

Scott Scobie, Executive Vice President, Service Operations

Scott joined Solium in June 2011 as Executive Vice President, Service Operations. Scott provides executive oversight on all aspects of customer service, implementations, reconciliation and administration. From August 2005 to May 2011, Scott was Vice President and General Manager for Canadian Western Trust a subsidiary of Canadian Western Bank.

From 1998 to 2005, Scott held progressively senior roles cumulating with Senior Vice President at The Northern Trust Company, Canada (Toronto). In addition, Scott spent over 6 years with State Street Trust Company as Assistant Vice President and Unit Head for their pension division.

Scott's credentials and affiliations include: Sales & Marketing Executives International (SMEI); Langara College, Finance & Investments; Specialist, Trust Institute (STI); Designation - Canadian Bankers Association; and past Director for Northern Trust Global Advisors.

About

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

Prev Next

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