Jay Simmons
JAY SIMMONS, CHAIRMAN AND CEO Jay began his career at Deloitte & Touch where he earned a Chartered Accountant designation and focused on Insolvency and Corporate Restructuring in the Financial and Special Services Department. He went on to build his own private holding company, Simmons Financial Holdings Corp., a personal holding company that takes an active role in a portfolio of businesses that require either financial restructuring or patient and active capital to fund new ventures. Jay has been involved in the creation and growth of several operating companies, both public and private. As part of a turnaround, Jay served as Chairman of Simple Power, a private Texas-based retail power provider from 2007 to 2011. From 2009 to 2011, Jay served as Chairman and Chief Executive Officer of Palko Environmental Ltd., a publicly traded company providing waste management and resource recovery solutions to the oil and gas industry. Previous to these operating roles, Jay was President of ENTx Capital Corporation, a private equity firm focused on investments in the power industry. Jay often takes an active role in management and sits on all the Board of his investment companies. Among sitting on many Board of Directors, Jay also serves as CEO and Director of Spruce Ridge Capital Inc., which has 927 acres of development lands and Foundation Place Capital Inc., holding 10,000 sqft of development land in downtown Calgary. Jay also serves as Chairman for Cube Lease Inc., a private software development company providing proprietary data visualizations for various real estate markets and director for WindRiver Power Corp, a private renewable power developer, and Simmons Edeco Inc., a private international land based drilling contractor. Jay is an active director and believes that quality governance is crucial, therefore he obtained his ICD.D designation in 2014. Jay earned his undergraduate degree in accounting from Dalhousie University. https://durum.ca/leadership-team/
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