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Stephen Douglas
Executive vice-president and CFO, Falconbridge Ltd., Toronto The man who co-ordinated the recent massive Inco Ltd. and Falconbridge Corp. merger, creating the largest base metals mining company in North America and the fifth largest in the world. As CFO of Brookfield Properties Corp. of Toronto, Canada's largest publicly traded real estate company, from 1996 to 2003, he saw the company's asset base grow from $4-billion to more than $12-billion. He steered the company onto the New York Stock Exchange in 1999 and saw total shareholder returns increase 30 per cent compounded annually during his tenure. He joined Noranda Inc. in time to lead a team initiative to refinance bank credit agreements following the merger of Noranda and Falconbridge, acquiring $780-million (U.S.) in bank credit facilities to fund future growth and placing the restructured mining organization in a position to be acquired by Inco.
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