Torrent Capital Announces Appointment of New CFO
Torrent Capital (TSXV: TORR) has announced the appointment of Eric Thompson as its new Chief Financial Officer, effective August 1, 2025. Thompson, who has served as Torrent's Controller for the past four years, will succeed Rob Randall, who is retiring after a 40-year career including nine years as Torrent's CFO.
During Randall's tenure, the company achieved a 174% increase in NAV and a compound annual return of 16.7%. Thompson brings extensive public company financial experience, having previously worked at an intermediate upstream oil and gas company in Calgary and completed his CPA with PwC.
Torrent Capital (TSXV: TORR) ha annunciato la nomina di Eric Thompson come nuovo Chief Financial Officer, a partire dal 1° agosto 2025. Thompson, che ha ricoperto il ruolo di Controller di Torrent negli ultimi quattro anni, succederà a Rob Randall, che andrà in pensione dopo una carriera di 40 anni, di cui nove come CFO di Torrent.
Durante il mandato di Randall, l'azienda ha registrato un incremento del 174% del NAV e un rendimento annuo composto del 16,7%. Thompson vanta una vasta esperienza finanziaria in società pubbliche, avendo lavorato in precedenza in una società intermedia nel settore upstream del petrolio e gas a Calgary e completato la sua certificazione CPA presso PwC.
Torrent Capital (TSXV: TORR) ha anunciado el nombramiento de Eric Thompson como su nuevo Director Financiero, con efecto desde el 1 de agosto de 2025. Thompson, quien ha sido Controller de Torrent durante los últimos cuatro años, sucederá a Rob Randall, que se retira tras una carrera de 40 años, incluyendo nueve como CFO de Torrent.
Durante el mandato de Randall, la compañía logró un aumento del 174% en el NAV y un retorno anual compuesto del 16,7%. Thompson aporta una amplia experiencia financiera en empresas públicas, habiendo trabajado anteriormente en una compañía intermedia de upstream de petróleo y gas en Calgary y completado su CPA con PwC.
Torrent Capital (TSXV: TORR)은 2025년 8월 1일부로 Eric Thompson을 새로운 최고재무책임자(CFO)로 임명했다고 발표했습니다. Thompson은 지난 4년간 Torrent의 컨트롤러로 근무했으며, 9년간 Torrent의 CFO를 역임한 Rob Randall의 뒤를 잇게 됩니다. Randall은 40년 경력 후 은퇴합니다.
Randall 재임 기간 동안 회사는 NAV가 174% 증가했으며 연평균 복합 수익률 16.7%을 기록했습니다. Thompson은 캘거리의 중간 규모 상류 석유 및 가스 회사에서 근무한 경험과 PwC에서 CPA 자격을 취득한 풍부한 공기업 재무 경험을 보유하고 있습니다.
Torrent Capital (TSXV : TORR) a annoncé la nomination de Eric Thompson en tant que nouveau Directeur Financier, à compter du 1er août 2025. Thompson, qui a occupé le poste de contrôleur chez Torrent pendant les quatre dernières années, succédera à Rob Randall, qui prendra sa retraite après une carrière de 40 ans, dont neuf ans en tant que CFO de Torrent.
Durant le mandat de Randall, l’entreprise a enregistré une augmentation de 174 % de la valeur nette d’inventaire (NAV) ainsi qu’un rendement annuel composé de 16,7 %. Thompson apporte une vaste expérience financière en entreprise publique, ayant travaillé auparavant dans une société intermédiaire de production amont de pétrole et gaz à Calgary et obtenu son CPA chez PwC.
Torrent Capital (TSXV: TORR) hat die Ernennung von Eric Thompson zum neuen Chief Financial Officer bekannt gegeben, wirksam ab dem 1. August 2025. Thompson, der in den letzten vier Jahren als Controller bei Torrent tätig war, wird Rob Randall nachfolgen, der nach einer 40-jährigen Karriere, davon neun Jahre als CFO von Torrent, in den Ruhestand geht.
Unter Randalls Führung erzielte das Unternehmen eine Steigerung des NAV um 174% sowie eine jährliche durchschnittliche Rendite von 16,7%. Thompson bringt umfangreiche Erfahrung im Finanzbereich börsennotierter Unternehmen mit, nachdem er zuvor bei einem mittelgroßen Upstream-Öl- und Gasunternehmen in Calgary gearbeitet und seine CPA bei PwC abgeschlossen hat.
- NAV increased by 174% under retiring CFO's tenure
- Strong compound annual return of 16.7%
- New CFO brings 4 years of internal experience as Controller plus public company expertise
- Loss of experienced CFO with 9-year tenure at the company
Halifax, Nova Scotia--(Newsfile Corp. - July 31, 2025) - Torrent Capital Ltd., (TSXV: TORR), ("Torrent") announces it has appointed Eric Thompson as Chief Financial Officer effective August 1, 2025, upon the retirement of Rob Randall. Mr. Randall's retirement comes after a 40-year career including the past nine years as Torrent's CFO.
"Rob has been an invaluable partner during Torrent's nine years of growth," said Wade Dawe, Torrent's CEO. "He was instrumental in establishing Torrent as an investment issuer and during his tenue, oversaw a
Mr. Thompson takes over as CFO having served as the Controller for Torrent over the past four years working closely with Mr. Randall. Previously, Mr. Thompson worked for an intermediate upstream oil and gas company in Calgary after completing his CPA with PwC and has extensive public company financial experience.
About Torrent Capital Ltd.
Torrent Capital is a publicly traded Investment Issuer that actively manages a portfolio of public equities, cryptocurrencies, and private investments. The Company invests in companies that are due to experience accelerated growth or are trading at a discount to their intrinsic value. Torrent offers investors the potential to earn above-market returns while providing transparency, daily liquidity and a modest fee profile compared with competing investment products.
For further information, please contact:
Contact:
Wade Dawe
Chief Executive Officer
Phone: 1 902 536 1976
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Torrent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The reader is referred the Company's annual financial reporting for a discussion of risks and uncertainties.
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FAQ
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