![Michael Pyle](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Michael Pyle
Chief Executive Officer at
EXCHANGE INCOME CORPORATION
Net worth: 2 M $ as of 2026-06-29
Profile
Michael C.
Pyle is Chief Executive Officer & Non-Independent Director at Exchange Income Corp.
since 2014.
Mr. Pyle is Director at Ryko Telecommunications, Inc., Director at Sio Silica Corporation, and Member at the Institute of Corporate Directors.
Former roles include President & Chief Executive Officer at Exchange Industrial Income Fund from 2004 to 2009, Independent Director at Next Hydrogen Solutions, Inc. from 2021 to 2023, President at Arctic Glacier Income Fund from 1998 to 2002, Principal at Roynat Capital, Inc. in 1998 and from 1990 to 1996, Vice President-Corporate Development at Westsun International, Inc. in 1997, Vice Chairman at Business Council of Manitoba, Vice Chairman at CentrePort Canada, Inc., and Director positions at Manitoba Hydro-Electric Board, Sport Manitoba, Inc., Winnipeg Football Club, and Manitoba Hydro International Ltd. Education includes undergraduate and MBA degrees from the University of Manitoba.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-03-30 | 24,281 ( 0.04% ) | 2 M $ | 2026-06-29 |
Michael Pyle active positions
| Companies | Position | Start |
|---|---|---|
| EXCHANGE INCOME CORPORATION | Chief Executive Officer | 2009-07-27 |
Ryko Telecommunications, Inc.
 Ryko Telecommunications, Inc. Engineering & ConstructionIndustrial Services Engages in installation of aerial and underground fiber optic and copper cable & maintenance and construction of cable systems | Director/Board Member | - |
Institute of Corporate Directors
 Institute of Corporate Directors Miscellaneous Commercial ServicesCommercial Services Promotes governance and develops leadership skills | Corporate Officer/Principal | - |
Sio Silica Corporation | Director/Board Member | - |
Former positions of Michael Pyle
| Companies | Position | End |
|---|---|---|
| NEXT HYDROGEN SOLUTIONS INC. | Director/Board Member | 2023-07-12 |
Manitoba Hydro-Electric Board
 Manitoba Hydro-Electric Board Electric UtilitiesUtilities Generates & distributes electricity and natural gas | Director/Board Member | 2018-03-20 |
Exchange Industrial Income Fund
 Exchange Industrial Income Fund Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | President | 2009-08-03 |
| ARCTIC GLACIER INCOME FUND | President | 2001-12-31 |
Roynat Capital, Inc.
 Roynat Capital, Inc. Investment ManagersFinance Roynat Capital seeks investment opportunities in middle market companies located in Canada with a minimum EBITDA of USD 2 million. The firm targets companies operating in the fields of a broad range of sectors and industries. It provides convertible debt, common and preferred equity financing for buyout capital requirements with an investment size of USD 5 - 20 million. It acts as a co-investor and also acquires minority interest. The firm does not invest in real estate, commodity and PR risk type businesses. | Corporate Officer/Principal | 1997-12-31 |
Training of Michael Pyle
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
74
1st degree connections
16
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 16 |
|---|---|
Arctic Glacier Income Fund
 Arctic Glacier Income Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Miscellaneous |
Exchange Industrial Income Fund
Exchange Industrial Income Fund Investment Trusts/Mutual FundsMiscellaneous Closed-End Investment Fund/Investment Trust | Miscellaneous |
Exchange Income Corp.
 Exchange Income Corp. AirlinesTransportation Provides aviation and fabricated metal manufacturing services | Transportation |
Manitoba Hydro-Electric Board
Manitoba Hydro-Electric Board Electric UtilitiesUtilities Generates & distributes electricity and natural gas | Utilities |
Roynat Capital, Inc.
Roynat Capital, Inc. Investment ManagersFinance Roynat Capital seeks investment opportunities in middle market companies located in Canada with a minimum EBITDA of USD 2 million. The firm targets companies operating in the fields of a broad range of sectors and industries. It provides convertible debt, common and preferred equity financing for buyout capital requirements with an investment size of USD 5 - 20 million. It acts as a co-investor and also acquires minority interest. The firm does not invest in real estate, commodity and PR risk type businesses. | Finance |
University of Manitoba
 University of Manitoba Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Institute of Corporate Directors
Institute of Corporate Directors Miscellaneous Commercial ServicesCommercial Services Promotes governance and develops leadership skills | Commercial Services |
Business Council of Manitoba
 Business Council of Manitoba Miscellaneous Commercial ServicesCommercial Services Operates as research and advocate association | Commercial Services |
Westsun International, Inc. | |
Sport Manitoba, Inc.
 Sport Manitoba, Inc. Movies/EntertainmentConsumer Services Develops amateur sport in Manitoba | Consumer Services |
Winnipeg Football Club
 Winnipeg Football Club Movies/EntertainmentConsumer Services Owns and operates football club | Consumer Services |
CentrePort Canada, Inc.
 CentrePort Canada, Inc. RailroadsTransportation Provides logistics services by railways, roads and airways | Transportation |
Manitoba Hydro International Ltd.
 Manitoba Hydro International Ltd. Miscellaneous Commercial ServicesCommercial Services Provides project management, energy utility construction and training solutions | Commercial Services |
Next Hydrogen Solutions, Inc.
 Next Hydrogen Solutions, Inc. Electronic Equipment/InstrumentsElectronic Technology Produces water electrolysis | Electronic Technology |
Ryko Telecommunications, Inc.
Ryko Telecommunications, Inc. Engineering & ConstructionIndustrial Services Engages in installation of aerial and underground fiber optic and copper cable & maintenance and construction of cable systems | Industrial Services |
Sio Silica Corporation |
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