32 years of investment banking experience encompassing all aspects of the capital markets and strategic advisory

About Tim
Tim has over 32 years of investment banking experience encompassing all aspects of the capital markets and strategic advisory. This experience includes: strategic and corporate M&A (including unsolicited transactions), equity issuance (”bought” deals and IPOs) and debt new issues (high yield and term loans). Tim has a reputation of integrity and for being a trusted strategic advisor.
Tim also has significant Board/corporate governance experience. He has provided strategic advice to numerous Boards. He has been a Board member of Barclays Capital Canada Inc. for the last 14 years. Tim also served as the Chair of the Foundation Board for the Banff Centre for Arts and Creativity where he also was a member of the search committee that conducted a global search for the new CEO.
Education
1990, MBA (with Distinction), Schulich School of Business
1986, B.Sc. (Honours), Chemical Engineering, Queen’s University
2017, ICD.D Designation, Institute of Corporate Directors
Work Experience
2009 – Present, Barclays – MD and Head, Canadian Investment Banking
2007 – 2008, Lehman Brothers – Managing Director
1990 – 2006, CIBC Capital Markets, Associate to Managing Director
1986 – 1988, Shell – Reservoir Engineer
Areas of Expertise
Strategic M&A advice (including cross border and complex transactions)
Capital markets expertise (equity and debt new issues)
Energy and clean technology/renewable sector knowledge
Corporate Governance
Transaction
Experience
Strategic Mergers & Acquisitions
Tim has extensive experience providing strategic M&A advice to companies and their Board of Directors. Notable transactions include:
- Advised Brookfield Infrastructure on the $8.6 billion acquisition of Inter Pipeline
- Advised Tervita on the merger with Secure Energy Services ($2.3 billion combined value)
- Advised Cenovus Energy on the $975 million sale of its Pelican Lake assets
- Advised Encana on the $7.1 billion acquisition of Athlon Energy
- Advised Petrochina on a $2.18 billion joint venture with Encana
- Advised Mitsubishi on a $2.9 billion joint venture with Encana
- Advised Sinopec on the $3.0 billion acquisition of Daylight
- Advised Talisman Energy on the US$1.325 billion joint acquisition of Eagle Ford properties from Enduring Resources
- Advised Encana on the separation into an integrated oil sands company and a high- growth natural gas producer (combined TEV of $55 billion)
- Advised Athabasca Oil Sands Corp. on the $1.9 billion joint venture with PetroChina
- Advised Royal Dutch Shell on the $7.7 bn acquisition of the minority stake in Shell Canada
- Advised Shell Canada on the $2.4 billion acquisition of BlackRock Ventures
- Advised AEC on the merger with PanCanadian that formed Encana Corp. (market cap. of $25 billion)
Financing Experience
Tim also has extensive financing experience. Notable transactions include:
- Bookrunner for a US$3.0 billion multi-tranche bond offering for Canadian Natural
- Coordinater/bookrunner roles for MEG Energy’s comprehensive refinancing plan involving a US$1.2 billion term loan, a US$750 million notes offering and a $518 million equity offering
- Bookrunner role for a US$450 million high yield offering for Paramount Resources
- Bookrunner role for a US$350 million high yield offering for Teine Energy
- Bookrunner role for a US$800 million high yield offering for Baytex Energy
- Bookrunner roles for a $400 million equity offering and the $700 million IPO for MEG Energy
- Co-agent on a $500 million equity private placement for OSUM Oil Sands
- Bookrunner roles for US$800 million and US$700 million high yield offerings for MEG Energy
- Bookrunner roles for US$3.5 billion and US$1.3 billion senior notes offerings for Cenovus Energy
- Bookrunner role for a US$500 million senior notes offering for Husky Energy
- Bookrunner role for a US$1.0 billion senior notes offering for Encana
- Bookrunner role for a US$600 million senior notes offering for Talisman Energy
- Bookrunner role for the $3.2 billion secondary offering of Petro-Canada shares by the Government of Canada