Former Ontario Premier Bill Davis appointed to the board:
newswire.ca
TORONTO, Oct. 21 /CNW/ - William A. Dimma, Chairman of Home Capital Group Inc., is pleased to announce the appointment of the Hon. William G. Davis, P.C., C.C., Q.C. to the Company's Board of Directors. Mr. Davis is Counsel to the law firm of Tory Haythe and currently serves on a number of Boards. ''We are most pleased that Mr. Davis is joining the Board of Directors of Home Capital Group. His presence complements a strong board and his wisdom, experience and counsel will be invaluable as Home Capital Group continues on its successful path of profitable, long-term growth,'' said Mr. Dimma. ''I look forward to serving on the Board of Home Capital, which provides an important residential mortgage niche to an increasing number of Canadians,'' said Mr. Davis. Home Capital Group Inc. is on target in 1999 to achieve a record year in net profits, growth, earnings per share and return on equity.
Home Capital Group Inc. is a holding company, publicly traded on the Toronto Stock Exchange (HCG.B), operating thorough its principal subsidiary, Home Savings & Loan Corporation. Home Savings & Loan was incorporated in 1977 and is a regulated financial institution that offers deposit and mortgage lending services. The Company services Ontario and Western Canada. Home Savings & Loan Corporation is an innovative niche player that focuses on providing residential first mortgages to the self-employed, owners of small businesses and other customers. |