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Horizons ETFs Announces Retirement of Steve Hawkins

22/11/22 - 12:00 am

TORONTO – November 22, 2022 – Horizons ETFs Management (Canada) Inc. (“Horizons”), a Mirae Asset company, announces that Steve Hawkins, President and Chief Executive Officer, has advised the Board of Directors that he intends to retire on November 22, 2022 after a successful 15-year career with Horizons, the last seven years as President and CEO. Steve Hawkins has agreed to assist in the transition and act as an advisor to the new President and CEO.

The Board of Directors has appointed Jasmit Bhandal, Chief Operating Officer, as interim President and Chief Executive Officer commencing immediately and intends to engage in a global search for a permanent President and Chief Executive Officer.

The Board of Directors wants to thank Steve for his dedicated service and contribution over the past 15 years. Under his leadership, Horizons has assembled a strong team of executives who have led Horizons to remarkable growth and profitability through strong customer focus. Because of Steve’s leadership, Horizons is in the enviable position of having seasoned executives in key roles, as well as a dedicated workforce, and is positioned well for the future.

About Horizons ETFs Management (Canada) Inc. (www.HorizonsETFs.com)

Horizons ETFs Management (Canada) Inc. is an innovative financial services company and offers one of the largest suites of exchange traded funds in Canada. The Horizons ETFs product family includes a broadly diversified range of solutions for investors of all experience levels to meet their investment objectives in a variety of market conditions. Horizons ETFs has more than $21 billion of assets under management and 107 ETFs listed on major Canadian stock exchanges.

For further information:
Contact Horizons ETFs at 1-866-641-5739 (toll-free) or (416) 933-5745 info@horizonsetfs.com

For media inquiries:
Mark Noble
Executive Vice President, ETF Strategy
Horizons ETFs Management (Canada) Inc.
(416) 640-8254
mnoble@horizonsetfs.com

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Commissions, management fees, and expenses all may be associated with an investment in products (the "Global X Funds") managed by Global X Investments Canada Inc. The Global X Funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain Global X Funds may have exposure to leveraged investment techniques that magnify gains and losses which may result in greater volatility in value and could be subject to aggressive investment risk and price volatility risk. Such risks are described in the prospectus. The Global X Money Market Funds are not covered by the Canada Deposit Insurance Corporation, the Federal Deposit Insurance Corporation, or any other government deposit insurer. There can be no assurances that the money market fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the Funds will be returned to you. Past performance may not be repeated. The prospectus contains important detailed information about the Global X Funds. Please read the relevant prospectus before investing.

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