17th August 2011

MoboVivo Plugs NGX Veteran Into CFO Role

mobovivoMoboVivo has appointed Stephen Butler as its first Chief Financial Officer. Stephen brings to Mobovivo almost a decade and a half of financial expertise and business building experience, both as an advisor and principal.

“Stephen is a perfect fit for a dynamic company like Mobovivo at this stage in our development,” said Trevor Doerksen, Mobovivo’s founder and CEO. “His financial and deal experience are essential as we work through our next stage of growth and financing. He’s been in the trenches as a business manager in highly fluid competitive situations, where he’s displayed the right mix of creativity and commitment to the vision.”

Stephen’s formative career was with The Boston Consulting Group, a global management consulting firm and the world’s leading advisor on business strategy. He advised Fortune 500 customers on issues of strategy and performance improvement, particularly in financial services and telecommunications, with a focus on responding to paradigm shifts brought about by the rise of e-commerce.

In 2001 TMX Group hired Stephen as group director of corporate development and key member of its “IPO team”, guiding the development of the growth and diversification strategy with which the company went public in 2002. He subsequently built and led a corporate development team that oversaw the evaluation, negotiation and implementation of several investments that took TMX beyond its traditional core. This included the 2004 acquisition of NGX, Canada’s leading energy exchange and the largest physical clearing facility in North America. Stephen joined NGX’s senior leadership team, where he helped the company return to healthy double-digit growth.

Stephen holds a joint honours B.A. in Economics and Political Science from McGill, and a Ph.D. from Cambridge.

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