The Westaim Corporation announced that Matthew Skurbe will become President and Chief Operating Officer of Westaim, effective April 1, 2026. In this new role, Mr. Skurbe will leverage his over 25 years of broad financial services experience, which has included investment management, risk management, capital markets, operational, and financial responsibilities, to oversee strategic and operational initiatives across Westaim?s platform. Mr. Skurbe joined Westaim in April 2025 as Chief Financial Officer and Chief Risk Officer.

Prior to Westaim, he served as a Senior Managing Director, Chief Operating Officer, and Chief Financial Officer of CC Capital. Prior to CC Capital, Mr. Skurbe was a Managing Director in Finance and the Treasurer for Blackstone. He was also the COO and portfolio manager for Blackstone Liquidity Solutions and a member of the firm's Valuation Committee and Enterprise Risk Committee.

Before joining Blackstone in 2009, Mr. Skurbe was the CFO for Merrill Lynch Bank & Trust, a multi-billion-dollar bank housing several of Merrill Lynch's consumer lending and banking businesses. Earlier in his career, Mr. Skurbe spent seven years supporting Merrill Lynch'sTreasury function and held roles with Amerada Hess and Arthur Andersen LLP.