TORONTO, ONTARIO--(Marketwired - Sept. 13, 2013) - CST Trust Company (CST) has announced the appointment of Laurel Savoy as President and Chief Executive Officer. This appointment follows the trust license approval for the newly rebranded company, formerly Canadian Stock Transfer & Trust Company, Inc.
"It has been an exciting three years of transition and growth at CST," said Mark C. Healy, Chairman of the Board of Directors for CST Trust Company. "After examining the skills required to continue our trajectory, Laurel was the clear choice for this role to join our strong executive team across North America. With her extensive knowledge of our business and long history of anticipating and meeting the needs of our clients, CST Trust Company will excel under Laurel's leadership."
"The ability to do business as CST Trust Company allows us to expand our focus and deliver additional services to our issuers and their shareholders," explains Savoy. "Being an OSFI-regulated trust company brings a real confidence that we will adhere to the highest industry standards."
Savoy has led the relationship management team for the company and its predecessors for over 20 years. Her focus on client satisfaction has been acknowledged throughout the financial services industry. She has also served on the board of the Canadian Society of Corporate Secretaries (CSCS) for more than a decade.
About CST Trust Company
CST Trust Company (CST) is part of the Link Group, an international network of providers of transfer agent and employee plan services. Headquartered in Toronto and with offices in Montreal, Calgary, Halifax and Vancouver, CST provides issuers with global solutions through local service. CST and its U.S. partner, American Stock Transfer & Trust Company, LLC (AST), form the North American division of the Link Group. This division provides service to over 8,000 public issues and more than 5.5 million shareholders in over 22 foreign countries, ranging in size from initial public offerings to Fortune 100 companies.