The Board of Directors of North American Fur Auctions (NAFA) is pleased to announce the following changes to the Company’s senior management team effective November 1, 2018:
- Doug Lawson, NAFA’s Senior Vice President and Chief Financial Officer, will succeed Michael Mengar as President and Chief Executive Officer,
- Michael Mengarwill assume the role of Managing Director, and
- NAFA’s present Managing Director, Herman Jansen, has elected to step down and officially retire.
Since joining NAFA in January 2010, Doug Lawson has played a significant role in the Company as its Senior Vice President and Chief Financial Officer. Don Boyd, Chair of the NAFA’s Board of Directors, said “the Board concluded that Doug’s leadership and experience, along with his strong track record of success in his previous role as NAFA’s CFO, made him the obvious candidate for the CEO position. Doug has demonstrated that he is the right choice to guide the Company going forward.”
“I appreciate the Board giving me this opportunity and I look forward to the challenge of building upon NAFA’s centuries old tradition of excellence in the fur trade.” said Doug Lawson. “I am also grateful that I can continue to count on the wise counsel of Michael Mengar going forward.”
Prior to joining NAFA, Doug had worked as senior business and financial executive across a diverse range of industries and size of businesses. Doug received his Bachelor of Business Administration degree from Wilfrid Laurier University and is a Chartered Accountant with a further Corporate Finance designation. Doug has also earned the ICD.D certification granted by The Institute of Corporate Directors, the professional body representing the director community in Canada.
“Though it is hard to step away from the CEO’s chair, especially given all of the challenges that the industry currently faces, the time is right for me to hand the reigns of the Company over to new leadership,” said Michael, who then went on to add, “I will also not be leaving NAFA right away. I plan on playing an active role in NAFA as its Managing Director into 2019 in order to ensure that I can help Doug in whatever capacity he needs and that there is a smooth transition of all of my previous responsibilities.”
Michael’s career with NAFA spans more than 40 years of dedicated service. Don Boyd, Chair of the NAFA’s Board of Directors, said “I am very appreciative of the work Michael did on behalf of NAFA and our industry. Michael has been a terrific leader for our organization during a time of great change and challenge in the fur trade.”
Don Boyd went on to cite a number of Michael’s more significant accomplishments, including leading lobbying efforts that resulted in the passage of the Animal Enterprise Terrorism Act in the United States in 2006, growing NAFA’s business and market share in both North America and Europe as well as the recent acquisition of the Blackglama trademark that has led to the fundamental unification of the North American mink industry under the NAFA banner. Michael has also been an active leader in the fur community and currently serves as Vice-Chairman of the International Fur Federation and Chairman of the IFF North Americas region.
“Needless to say,” said Don Boyd, “all of us on the Board of Directors are grateful for Michael’s many contributions to NAFA`s success over these many years.”
Following a distinguished career of more than 50 years, the last 10 years as NAFA’s Managing Director, Herman Jansen has elected to retire. However, Herman will remain available to Doug Lawson, NAFA’s new CEO, as required to assist with any transitional market or customer matters.
Herman joined Hudson’s Bay and Annings in London in 1966 and was President and CEO of NAFA for many years. In April 2009, as part of a planned succession, Herman resigned as President and CEO and assumed the role of NAFA’s Managing Director, where he has remained active in the business as an auctioneer, leader of the wild fur department and sage advisor to many international buyers and consignors.
“Herman has been a leader and fixture at NAFA for as long as I have been with the Company and we will all miss his daily involvement in the business.” said Michael Mengar. “Herman has also been my partner in the business, dear friend and trusted advisor at NAFA. I wish him only the best in his well-deserved retirement.”
Doug Lawson echoed Michael’s sentiments and said “In spite of his retirement from NAFA, I am pleased that Herman will still make himself available to take my call and offer his advice when asked. There is almost no one in the industry that can match his breadth of experience and customer connections.”