Dynacor Group Inc. (TSX:DNG) announced at its annual general meeting that Daniel Misiano, who has served as chief operating officer since November 2024, has been appointed president and chief executive officer, succeeding Jean Martineau. Martineau will remain on the board as a director and will retire from the CEO role after the meeting. The company, trading with a market capitalization of $180 million, reported a 44% total return on its shares over the past twelve months.
Shareholders elected eight directors to serve until the next annual meeting: Jean Martineau, Pierre Béliveau, Réjean Gourde, Isabel Rocha, Philippe Chave, Rocio Rodriguez‑Perrot, Cyril Gradis and Hélène Kyriakakis. Cyril Gradis received the highest approval rate, garnering 89.19% of votes cast. In a separate resolution, shareholders approved the appointment of Raymond Chabot Grant Thornton LLP as the auditor for the current financial year, with 88.29% voting in favour.
A resolution to amend the company’s stock option plan was passed with 57.35% approval. The amendment permits the company to replenish 650,000 options that had previously been granted and exercised. Dynacor processes gold sourced from artisanal miners and operates the Veta Dorada plant in Peru; the firm was founded in 1996. According to InvestingPro data, Dynacor has increased its dividend for eight consecutive years and maintains a balance sheet with cash exceeding debt.
Additional governance updates disclosed that Jean Martineau will retire following the AGM in June 2026 and will stand for election to the board of directors. Hélène Kyriakakis has been nominated as an independent director for the upcoming meeting, while long‑time director Pierre Lépine, who has served on the board since 2014 and chaired it for nine years, will not seek re‑election.