Xceed Mortgage Corporation announces new appointment to its Board

    




 TORONTO, May 16, 2012 /CNW/ - Xceed Mortgage Corporation [TSX: XMC]  ("Xceed" or the "Company") is pleased to announce that Mr. Jordan  Kupinsky has joined Xceed's Board of Directors (the "Board"). 

 Mr. Kupinsky is a Managing Director with Windsor Private Capital, a  merchant bank headquartered in Toronto. Prior to joining Windsor and  its predecessor, JJR Capital Corp., Mr. Kupinsky was a Vice President  at Greenhill & Co., an independent global investment banking firm  listed on the NYSE focused on mergers & acquisitions and financial  restructuring.  Mr. Kupinsky held the positions of Vice President  Corporate Development and General Counsel at Minacs Worldwide Inc., a  business process outsourcing company, formerly a Toronto Stock Exchange  listed company. Mr. Kupinsky began his career practicing corporate and  securities law at Torys LLP and was an associate at Houlihan Lokey  Howard and Zukin, a mid-market focused US investment bank.  Mr.  Kupinsky received a BA Economics degree from York University in 1993  and a Joint MBA/JD from the Schulich School of Business and Osgoode  Hall Law School in 1997. 

 Mr. Kupinsky is also considered an independent board member and as such,  he will also join the existing Special Committee the formation of which  was announced on March 29, 2012. 

 "Jordan will bring a wealth of experience to Xceed's Board and its  Special Committee as the latter determines the best future path for  Xceed and its shareholders," noted Michael Jones, President and CEO. 

 The Company's Board now includes the following members:   





               Ivan S. Wahl                     Chairman

               Michael R. Jones                 President and CEO

               Thomas R. Alton, FCA             Independent Director

               Dr. William Mulvihill            Independent Director

               W. James Taylor                  Independent Director

               Jordan Kupinsky                  Independent Director






  

 About Xceed Mortgage 

 Xceed Mortgage Corporation, based in Toronto, is a Canadian provider of  residential mortgages that it originates in Canada.  The company has  approximately $1.0 billion of mortgages and other assets under  administration.  The company's shares are traded on the Toronto Stock  Exchange .  To find out more about Xceed Mortgage  Corporation, visit our website at www.xceedmortgage.com. 

Xceed Mortgage Corporation


    

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