Stantec, a global leader in sustainable design and engineering based in Edmonton, Alta., announced that Executive Vice President (EVP) Vito Culmone will also assume the the role of Chief Financial Officer (CFO) on September 3, 2024.
“We are excited to welcome Vito to the Stantec team. He is an accomplished financial leader with a strong track record of creating value across multiple industries,” said Gord Johnston, president and chief executive officer. “I am confident that Vito will be instrumental in sustaining our robust financial position, driving the successful execution of our Strategic Plan, and further elevating our world class financial team. His expertise and leadership are key assets that will contribute significantly to our continued growth and success.”
Culmone brings over 35 years of relevant CFO and executive financial leadership experience across a number of industry contexts including airlines, telecommunications, fleet management, and most recently space technology. He also brings an emphasis and experience in developing strong corporate cultures. Culmone began his career at Price Waterhouse where he earned his designation as a Chartered Accountant, and he has been recognized as a Fellow of the Chartered Professional Accountants of Ontario. He is a graduate of the University of Toronto with a Bachelor of Commerce degree.
Vito Culmone, EVP and CFO, Stantec.
“Stantec is recognized around the world as a leader in engineering, architecture and professional services,” said Culmone. “I am honored and eager to be joining such a storied company. The legacy and potential of Stantec are unparalleled, and I look forward to collaborating with the team to propel our growth during this dynamic period. It will be a privilege to contribute to our collective achievements for the benefit of our employees, clients, and shareholders.”
Culmone will succeed Theresa Jang, who previously announced her plan to retire. This announcement follows an extensive search and evaluation of highly qualified internal and external candidates supported by a global executive search firm.
“I want to extend my heartfelt appreciation to Theresa Jang for her exceptional leadership and the numerous contributions she made during her tenure. I truly appreciate her partnership and dedication to Stantec,” said Johnston. “I am also grateful that Theresa has committed to supporting Vito as he transitions into the CFO role.”
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