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President & Chief Executive Officer - The Penney Group (Filled)

Setting its course for the future.

Founded by the iconic Ches Penney over forty years ago and headquartered in St. John’s, NL, the Penney Group is a growing, family owned company with a diverse portfolio of assets, predominantly in real estate, residential land and building development, leasing and management of commercial properties and healthcare. Building on a reputation for fair dealings, trusted partnerships and for doing things that make good business sense, the Penney Group adheres to core values of safety, integrity and respect, and an unwavering commitment to people, clients and community.

The Penney Group has built a strong reputation for cultivating strong partnerships, with a keen sense of timing, financial and business acumen, and disciplined approach to operations. As part of an orderly succession process, the Board of Directors comprised of family shareholders and internal advisors, is looking for its next President & CEO to manage and grow the family assets, evolve the enterprise strategy and make adjustments through multi-year and annual planning, manage the family office, and oversee operations to ensure growth and profitability. The President & CEO reports to the Board of Directors and has an in-depth understanding of governance and family enterprises, finance and investment, and is exceptional at working with boards, family members, management, partners and advisors.

With an astute owner mind-set, the President & CEO has experience successfully navigating through complex ownership and stakeholder ecosystems and organizational structure and has a solid personal accountability for results and commitment to ethical business practices. They are highly diligent and skilled at identifying and managing risk, exploring and managing investment opportunities for diversification and ensuring that the right infrastructure, technology, systems and processes are in place to support efficiency, scaling and smart return across the enterprise.

The successful candidate has a university degree and/or relevant designation (CPA, MBA, LLB, etc.) and at least ten to fifteen years of related senior leadership experience with a demonstrated track record of leading companies through growth and change. The next President & CEO has strong business, financial and M&A analytical skills and experience in developing solutions to business problems. Experience in real estate development and/or healthcare is considered a major asset.

If this exciting opportunity speaks to you, please submit your resume and interest online by clicking “Apply.” For further information about this opportunity, please contact Kim West or Amy Reid in confidence at 902-422-2099.

Royer Thompson Management & Human Resources Consulting is a Canadian talent management firm focused on capturing the full potential of people in organizations by supporting a shared sense of purpose, recruiting and cultivating leadership, and fostering an innovative, caring and entrepreneurial spirit.

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