Back to Markets
Commodities● Neutral
Freehold Royalties Appoints Parkland CFO Brad Monaco to Finance Role
Brad Monaco, former CFO of Parkland Corp., joins Freehold Royalties as chief financial officer. He brings buy-side and upstream energy experience to the royalty company.
Continue with
Freehold Royalties Ltd. appointed Brad Monaco as its chief financial officer, effective June 22. Monaco most recently served as CFO of Parkland Corp., a fuel distributor and refiner with a market cap roughly $5 billion. Before that, he was vice president of finance for Parkland’s Canadian unit, where he oversaw financial planning, performance improvement, acquisitions and integration.
Monaco is a CFA charterholder and holds a bachelor’s degree in commerce from the University of Calgary. Earlier in his career he worked in upstream energy and buy-side investment management. Those roles give him exposure to both the asset side and the investor side of the business, said David Spyker, Freehold’s president and CEO, in a statement.
“Brad brings relevant and recent experience across finance, strategy, and capital markets,” Spyker said. “This experience, alongside his investor perspectives, will complement our team and support Freehold’s long-term strategy and continued focus on disciplined capital allocation.”