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Heddle Marine Appoints New CFO

MEDIA RELEASE

Heddle Marine Appoints New CFO to Help Guide Company Through Next Phase of Growth

Hamilton, June 2, 2017 – Heddle Marine, a leading full-service ship repair and maintenance provider across Ontario and Atlantic Canada, is pleased to announce the hiring of Denis Dinsmore as Chief Financial Officer (CFO). Denis is a seasoned finance executive with extensive experience overseeing financial matters for high-growth companies. As CFO at Heddle Marine, Denis will oversee all financial matters while ensuring that the finance function supports Heddle’s long-term growth trajectory. Denis will be a key member of the executive team.

“I couldn’t be more thrilled to welcome Denis to Heddle where he will undoubtedly make an immediate impact on our growth strategy,” said Rick Heddle, President and COO of Heddle Marine. “I am particularly impressed with Denis’ ability to lead the financial function in a complex and high-growth business. I am confident he will be a valuable addition to the Heddle team.”

Mr. Dinsmore comes to Heddle with more than 20 years of experience as a senior financial professional. Prior to joining Heddle Marine, Denis most recently served as Vice President of Finance at ole Music Management, the largest global independent music rights management organizations. During his tenure at this high-growth organization, Denis was responsible for the overall finance function and was a critical member of the executive team.

In addition to his tremendous experience as a senior financial professional, Denis has a passion for the marine industry having been a life-long sailor and worked at his family’s chandlery business while growing up along the shores of Lake Ontario in Southwestern Ontario.

About Heddle Marine

Founded in 1987, Heddle Marine Service Inc. (“Heddle” or the “Company”) is a privately owned full service ship repair and maintenance provider across Ontario and Atlantic Canada. The Company is also engaged in fabrication, machining, ship building and ship recycling. The Company is headquartered in Hamilton, Ontario and employs more than 200 full-time employees.

Contacts

For further information, contact:

Shaun Padulo

Manager, Sales and Marketing

Spadulo@heddlemarine.com