Western Investment Company Appoints New CFO

The Western Investment Company of Canada Limited has announced the appointment of Pablo Dancuart as Chief Financial Officer, effective August 7, 2025. Mr. Dancuart has over fifteen years of experience in the property and casualty insurance sector and a strong background in leading finance organizations through transformative changes.

Before joining Western, he was Vice President of Finance and Procurement at Gore Mutual Insurance Company, where he played a key role in modernizing technology platforms and implementing new operating models. Paul Rivett, Western's CEO, expressed confidence in Mr. Dancuart's capability to bring significant transformational change, particularly in relation to IFRS 17.

Stacey Cross, the outgoing CFO, will assist in the transition. As part of his compensation, Mr. Dancuart will receive 1,666,666 restricted share units, subject to TSXV approval. These will vest over a period of five to ten years.