Lottery provider begins search for new CFO as Rob Rose confirms retirement plans at the end of 2026
Pollard Banknote has confirmed that its long-serving finance chief Rob Rose will be retiring at the end of the year.
Rose will retire as executive vice president, finance and chief financial officer at the end of December after 31 years’ service with the company.
An integral member of the company’s executive management team, Rose has been involved in a number of acquisitions to expand Pollard Banknote’s operations and product portfolio.
He has also led a number of significant capital transactions, including the company’s IPO in 2005, transitioning the private family company to a public entity, as well as raising subsequent equity and multiple debt financings.
“Rob has played a major role in Pollard Banknote’s growth from a small private printing company with $40 million in revenues and three locations in Canada to a publicly traded company that is a leading international supplier of a full range of both printed and digital products to the lottery and charitable gaming industries with $600 million in revenue and 20 locations across North America and Europe,” said co-CEO John Pollard.
“Under Rob’s leadership, the company had a successful IPO, made the conversion from an income trust to a corporate share structure, arranged multiple financings to facilitate our growth and completed over a dozen acquisitions. We would like to both congratulate and thank Rob on behalf of the company, our employees and the Board of Directors for his remarkable contributions.”
Commenting on his upcoming retirement, Rose said: “It has been an honour and a privilege to work with such amazing people throughout the Pollard group of companies. I am extremely grateful for the passion, dedication and professionalism of our teams and am pleased to support a smooth transition over the coming months.
“I look forward to seeing the company continue to pursue its strategic initiatives under new financial leadership and I will cheer on the team as the Company continues to grow and succeed.”
An executive search process for his successor has commenced.
Shares in Pollard Banknote Ltd. (TSE:PBL) closed 0.44 per cent higher at CA$18.28 per share in Toronto Friday.