Burcon NutraScience Corporation announced that Mr. Robert Peets will be appointed chief financial officer (CFO) of the company effective July 1, 2024. He will act in a fractional capacity and succeeds Ms. Jade Cheng, who has decided to step down as CFO effective June 30, 2024 for a personal hiatus and to pursue new opportunities. Mr. Peets brings a wealth of experience with a distinguished career spanning over 30 years in financial management, strategic planning, and capital markets.

Mr. Peets currently holds the role of fractional CFO for multiple technology companies, leading their development in corporate and financial strategies. He was formerly a Partner in Venture Investments at TELUS Ventures, where he was part of the team which managed a $400 million investment portfolio and personally executed over 50 equity and debt transactions in venture-backed companies. Mr. Peets has held the role of chief financial officer for multiple companies across sectors including software, greentech and manufacturing industries.

Prior experiences include a decade as a Partner with TELUS Ventures, TELUS Corp, where he led Corporate Venture Capital investments in over 30 companies and was TELUS' Board representative on 25 corporate boards. Additional experiences include work with PricewaterhouseCoopers, Aviso and Royal Bank of Canada. Mr. Peets has an MBA from the Ivey Business School at Western University and is a CFA Charterholder.