The board of directors of Andrew Peller Limited announced that Mr. Randy A. Powell has been appointed as president of the company effective November 28, 2016. With his appointment, Mr. Powell resigned from the company’s board of directors. The board of directors also announced that Mr. John Peller will be the new board chair and retain his position as chief executive officer of the company. A new independent lead director will be appointed at a later date. Randy Powell is an experienced senior executive with a successful track record within public and privately- held companies in the consumer packaged goods and hospitality sectors. Most recently, Randy was also President of the Armstrong Group Limited (Rocky Mountaineer), and the founding partner of SouthPier Capital Inc. He is a member of the Board of Directors of the Sauder School of Business at the University of British Columbia, and has served as a Board Director for Second Cup Coffee Company and Diedrich Coffee Company Ltd., and a member of the Dean’s Advisory Council at York University.