Board of Directors

Annette Verschuren, O.C., Chair & CEO

Known as a ‘builder’, Annette Verschuren has taken her wealth of experience and unique and well-rounded skill set in finance, operations and leadership and applied it to a diverse array of public, private and non-profit ventures throughout her career. Annette was formerly president of The Home Depot Canada and Asia, overseeing the growth of the company’s Canadian operations from 19 to 180 stores between 1996 and 2011. She also led the company’s entry into China while simultaneously leading the Expo Design Center business. Annette began her career as a development officer with the Cape Breton Development Corporation, a coal mining operation, in Sydney, Nova Scotia.  She has held various executive positions with Canada Development Investment Corporation and Imasco Ltd and served as president and co-owner of Michaels of Canada. Annette sits on the board of directors for Liberty Mutual Insurance Group based in Boston, Air Canada, and Saputo.  Annette serves as a member of the North American Competitiveness Council and was appointed Chair of the Ontario Clean Energy Task Force by the Province of Ontario in April 2012. Annette also gives her time as a board member to the Centre for Addiction and Mental Health Foundation (CAMH) and the Conference Board of Canada. Most recently, Annette agreed to serve on the Federal Government’s Expert Panel for the Venture Capital Action Plan  and recently was appointed as Chair, Annette also sits on the Board of Canadian Natural Resources Ltd. In 2011, Annette was honored as an Officer of The Order of Canada for her contribution to the retail industry and Corporate Social Responsibility. The Order of Canada is the highest civilian honor in Canada.

Sarita Mandanna, Director

Sarita has over 15 years of private equity, structured finance and investment banking experience. She has been involved in raising over USD $2 billion of debt and equity financing for companies in a wide range of industries. As an investment banker with UBS and Deutsche Bank AG, she advised companies on growth and expansion strategies, executed balance sheet restructurings and performed both buy and sell side M&A mandates in domestic and cross-border settings. While at GE Capital’s private equity and structured finance groups, Sarita sourced, evaluated, negotiated, executed and monitored debt and equity investments in early stage, mature and distressed opportunities. She worked most recently with Equifin Capital, a private equity firm in New York focused on growth and expansion investments in the US and is currently a Director of NRStor. Sarita holds an MBA from the Wharton School of Business.