Aimia Inc. announced leadership appointments aimed at fast-tracking the rollout of the Company's strategy recently endorsed by shareholders at its annual general meeting, naming Steven Leonard as President. Aimia's strategy and near-term priorities are focused on unlocking value and returning capital to investors in a responsible and expeditious manner. The appointments are effective immediately.

Steven Leonard, CPA, CA, who brings more than 35 years of finance and executive leadership experience, has been appointed Aimia's President and CFO. In addition to his current responsibilities as Chief Financial Officer, Mr. Leonard will oversee all of Aimia's day-to-day operations including oversight for the Company's core holdings, Bozzetto and Cortland International.  Mr. Leonard will also work with the Strategic Review Committee to identify and execute on strategic priorities aimed at unlocking value for all shareholders. Mr. Leonard joined Aimia as Vice President and Corporate Controller in June 2010 and was named Chief Financial Officer in May 2019.  Prior to joining Aimia, Mr. Leonard held leadership roles at Air Canada, Vivendi and Seagram gaining financial, operational and international experience.

He has experience in all areas of finance with particular specialization in corporate transformations, strategic planning, financing, taxation, and mergers and acquisitions. During his tenure with Aimia, Mr. Leonard has overseen the implementation of a number of major financial and transformational initiatives, including the sale of the Company's equity stake in PLM for $570 million including the recently completed earn-out, the sale of Aeroplan for $516 million, the execution of $278 million in substantial issuer bids, and the recent acquisitions of the Bozzetto and Cortland businesses.