Michael Marcotte

Career chronology

• 2018–cutoff: Champion Iron — CFO; previously corporate development and investor relations. Executive leadership appointments (appointment announcement)

• 2007–2018: Macquarie Capital Markets Canada — Associate director. FY2023 annual information form (officer occupation table)

• 2004–2007: Orion Financial — Vice president and partner. FY2023 annual information form (officer occupation table)

Education and qualifications

Education and credentials

undated · issuer reported · medium materiality

Champion reports a Concordia business administration degree and CFA designation, not independently checked.

Attribution: Responsibility not applicable. The claim is attributed to the referenced source; personal causation is not assumed.

Relevance: Relevant to professional experience and role assessment.

FY2026 annual report (printed pp.18–19 management team)

Business failures and setbacks

Quarterly results show weaker margins despite record sales

Q2 FY2027 · issuer reported · medium materiality

Champion reported record consolidated sales of 4.5 million dry tonnes, but a C$48.4 million net loss in the September 2026 quarter versus C$56.8 million profit a year earlier; it cited weaker pricing, freight and startup costs. The period included the acquired Rana Gruber operation.

Attribution: Role overlaps event; causation unproven. Role overlaps the company outcome; neither causation nor individual fault follows from a corporate loss.

Relevance: Relevant to professional experience and role assessment.

FY2027 second-quarter results (pp.1–3)

Governance and interests

Issuer sources differ on investor-relations appointment date

2018–2019 · issuer reported · medium materiality

The FY2026 annual report’s biography says Marcotte joined in 2018, while its executive remuneration agreement section records his investor relations appointment as 10 January 2019. The difference has not been resolved.

Attribution: Responsibility unresolved. The claim is attributed to the referenced source; personal causation is not assumed.

Relevance: Relevant to professional experience and role assessment.

FY2026 annual report (p.19 biography and p.101 remuneration)

Suitability for the current role

Role fit

assessment at 31 October 2026 · analyst inference · medium materiality

Capital markets and investor-relations background supports financing work; the July 2026 CFO promotion means the standalone CFO track record remains short.

Attribution: Responsibility not applicable. The claim is attributed to the referenced source; personal causation is not assumed.

Relevance: Relevant to professional experience and role assessment.

FY2026 annual report (printed pp.18–19 management team)

Evidence gaps

• The reviewed public searches do not constitute an exhaustive criminal, sanctions, regulatory, litigation or credential check.

• Full prior-employer outcomes and exact tenure dates are not independently verified.

• The difference between 2018 initial employment and the 10 January 2019 appointment date remains unexplained.

• Broad combined name-and-employer queries were reused across topic classifications. Separate comprehensive court, regulator and employer-specific searches were not completed for every relevant topic and employer.

• The July 2026 announcement discloses the appointment but does not independently establish its precise effective day.