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DATA COMMUNICATIONS MANAGEMENT CORP. REPORTS Q1 2026 FINANCIAL RESULTS

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FIRST QUARTER 2026 SUMMARY FINANCIAL RESULTS

  • Revenues of $117.4 million were down 5.0%, or $6.2 million vs. $123.7 million in Q1 2025
  • Adjusted EBITDA1 increased to $19.1 million and 16.3% of revenues vs. $18.6 million and 15.0% of revenues in Q1 2025
  • SG&A expenses of $19.8 million and 16.9% of revenues, were 15.4% lower, vs. $23.5 million or 19.0% of revenues in Q1 2025
  • Net income of $4.8 million, vs. $5.1 million in Q1 2025 and Adjusted net income1 of $5.8 million, vs. $5.2 million in Q1 2025
  • Basic earnings per share of $0.09 (diluted EPS of $0.08), compared to $0.09 in Q1 2025 (diluted EPS of $0.09)
  • Net debt1 at quarter-end of $66.4 million, down 27.0%, or $24.5 million vs. $90.8 million in Q1 2025 and down 14.0%, or $10.8 million vs. $77.1 million in Q4 2025
  • Company repurchased 157,500 common shares during the first quarter of 2026
  • Company declares quarterly dividend of $0.025 on each common share

Brampton, Ontario – May 11, 2026 – DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the “Company”), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, today reported first quarter 2026 financial results.

MANAGEMENT COMMENTARY

“A slower-than-anticipated start to the year contributed to the decline in revenues, however, performance improved as the quarter progressed, and we exited the quarter with positive momentum. We remained focused on controlling what we can – generating positive cash flow from operations, managing overhead, and maintaining balance sheet discipline. Adjusted EBITDA increased year-over-year for the first time in four quarters, up 2.7% compared to Q1 2025, reflecting disciplined management of SG&A expenses,” said Richard Kellam, President & CEO of DCM.

“We are pleased to see an increasing contribution from our new business development efforts and continue to see increasing contributions from technology-driven revenue streams, including customer communications management solutions, with tech-enabled subscription services and fees increasing 7.4% year over year to $6.9 million,” added Kellam.

“Looking ahead to the balance of the year, we anticipate continued uncertainty in the external environment amid concerns about trade policy volatility, geopolitical unrest driving higher production costs, and the potential for further labour disruptions at Canada Post. Despite this uncertainty, we remain confident that our business development efforts, strong balance sheet and disciplined cost management will offset potential financial headwinds.”

DCM continues to be guided by four strategic priorities for 2026:

  • Maintain a high revenue retention rate and execute on new business development.
  • Improve gross margin through business mix, operational efficiencies and digital acceleration.
  • Generate strong cash flow for continued capital returns and debt repayment.
  • Leverage the current market environment to be opportunistic on M&A.

OTHER BUSINESS HIGHLIGHTS

Increase in CEO Share Ownership

On April 15, 2026, the Company announced that Richard Kellam exercised 2,500,000 stock options (each, an “Option”) and acquired 1,394,231 common shares in the capital of the Company (each, a “Common Share”). The Options were exercised at an exercise price of $0.69 per Common Share on a net-settlement (cashless) basis. Following exercise of the Options, Mr. Kellam owns approximately 3.8% of the issued and outstanding Common Shares of the Company (as at April 10, 2026).

Dividend Declaration

On May 11, 2026, DCM’s board of directors declared a sixth quarterly dividend of $0.025 per common share, payable on June 30, 2026, to shareholders of record at the close of business on June 16, 2026. This dividend is designated as an “eligible” dividend for the purpose of the Income Tax Act (Canada) and any similar provincial legislation.

Q1 2026 EARNINGS CALL DETAILS

The Company will host a conference call and webcast on Tuesday, May 12, 2026 at 9:00 a.m. EST

Richard Kellam, President and CEO, and James Lorimer, CFO, will present the first quarter 2026 results followed by a live Q&A.

Register for the webcast prior to the start of the event: Microsoft Virtual Events Powered by Teams

All attendees must register for the webinar prior to the call. Please complete the phone field in the form at the above link (prior to the start of the event) if you wish to dial in.

The Company’s full results will be posted on its Investor Relations page and on SEDAR+.

Footnotes:

1 Adjusted EBITDA, Adjusted EBITDA as a percentage of revenues, Adjusted net income (loss), Adjusted net income (loss) as percentage of revenues, Net debt, Net debt to Adjusted EBITDA and Free cash flow are non-IFRS Accounting Standards measures. For a description of the composition of these and other non-IFRS Accounting Standards measures used in this press release, and a reconciliation to their most comparable IFRS Accounting Standards measure, where applicable, see the information under the heading “Non-IFRS Accounting Standards Measures”, the information set forth on Table 2 and Table 3 herein, and our most recent Management Discussion & Analysis filed on SEDAR+.

TABLE 1: The following table sets out selected historical consolidated financial information for the periods noted.

For the three months ended March 31, 2026, December 31, 2025 and March 31, 2025
(in thousands of Canadian dollars, except share and per share amounts, unaudited) March 31,
2026		 December 31,
2025		 March 31,
2025
Revenues $ 117,443 $ 107,518 $ 123,675
Gross profit 33,150 25,285 36,260
Gross profit, as a percentage of revenues 28.2% 23.5% 29.3%
Selling, general and administration and research and development expenses
As a percentage of revenues		 19,843
16.9%		 19,362
18.0%		 23,459
19.0%
Adjusted EBITDA
As a percentage of revenues		 19,091
16.3%		 12,790
11.9%		 18,588
15.0%
Net income for the period 4,789 (634) 5,114
Adjusted net income
As a percentage of revenues		 5,783
4.9%		 729
0.7%		 5,203
4.2%
Basic earnings per share $ 0.09 $ (0.01) $ 0.09
Diluted earnings per share $ 0.08 $ (0.01) $ 0.09
Adjusted net income per share, basic $ 0.11 $ 0.01 $ 0.09
Adjusted net income per share, diluted $ 0.10 $ 0.01 $ 0.09
Weighted average number of common shares outstanding, basic 54,990,543 55,037,637 55,308,951
Weighted average number of common shares outstanding, diluted 56,429,002 56,429,403 57,337,772


TABLE 2: The following table provides reconciliations of net income to EBITDA and of net income to Adjusted EBITDA for the periods noted.
 

EBITDA and Adjusted EBITDA reconciliation

For the periods ended March 31, 2026 and 2025
(in thousands of Canadian dollars, unaudited) January 1 to
March 31, 2026		 January 1 to
March 31, 2025
Net income for the period $ 4,789 $ 5,114
Interest expense, net 4,697 5,148
Amortization of transaction costs 206 140
Current income tax expense 2,285 2,071
Deferred income tax recovery (1,099) (911)
Depreciation of property, plant and equipment 1,659 1,722
Amortization of intangible assets 319 383
Depreciation of the ROU Asset 4,906 4,802
EBITDA $ 17,762 $ 18,469
Acquisition and integration costs — —
Restructuring expenses 1,427 —
Net fair value losses on financial liabilities at fair value through profit or loss (98) 119
Adjusted EBITDA $ 19,091 $ 18,588

TABLE 3: The following table provides reconciliations of net income (loss) to Adjusted net income and a presentation of Adjusted net income per share for the periods noted.

Adjusted net income reconciliation

For the periods ended March 31, 2026 and 2025
(in thousands of Canadian dollars, except share and per share amounts, unaudited) January 1 to
March 31, 2026		 January 1 to
March 31, 2025
Net income for the period $ 4,789 $ 5,114
Acquisition and integration costs — —
Restructuring expenses 1,427 —
Net fair value losses on financial liabilities at fair value through profit or loss (98) 119
Tax effect of the above adjustments (335) (30)
Adjusted net income $ 5,783 $ 5,203

About DATA Communications Management Corp.

DCM is a leading Canadian tech-enabled provider of print and digital solutions that help simplify complex marketing communications and operations workflow. DCM serves over 2,500 clients including 70 of the 100 largest Canadian corporations and leading government agencies. Our core strength lies in delivering individualized services to our clients that simplify their communications, including customized printing, highly personalized marketing communications, campaign management, digital signage, and digital asset management. From omnichannel marketing campaigns to large-scale print and digital workflows, our goal is to make complex tasks surprisingly simple, allowing our clients to focus on what they do best.

Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on SEDAR+ at www.sedarplus.ca.

For further information, contact

Mr. Richard Kellam Mr. James E. Lorimer

President and Chief Executive Officer

DATA Communications Management Corp

Tel: (905) 791-3151

Mr. James E. Lorime

Chief Financial Officer

DATA Communications Management Corp.

Tel: (905) 791-3151

[email protected]


FORWARD-LOOKING STATEMENTS

This press release contains statements which constitute “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”), including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking statements are often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and forward-looking statements in this press release. These statements reflect DCM’s current views regarding future events and operating performance, are based on information currently available to DCM, and speak only as of the date of this press release.

These forward-looking statements involve a number of risks, uncertainties, and assumptions. They should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such performance or results will be achieved. Many factors could cause the actual results, performance, objectives or achievements of DCM to be materially different from any future results, performance, objectives or achievements that may be expressed or implied by such forward-looking statements. We caution readers of this press release not to place undue reliance on our forward-looking statements since a number of factors could cause actual future results, conditions, actions, or events to differ materially from the targets, expectations, estimates or intentions expressed in these forward-looking statements.

The principal factors, assumptions and risks that DCM made or took into account in the preparation of these forward-looking statements and which could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are described in further detail in our most recent Annual Information Form filed on SEDAR+, and include but are not limited to the following: industry conditions are influenced by numerous factors over which the Company has no control, including: declines in print consumption; labour disruptions at suppliers and customers, including Canada Post; the impact of tariffs and responses thereto (including by governments, trade partners and customers), which may include, without limitation, retaliatory tariffs, export taxes, restrictions on exports to the U.S. or other measures, increases in our input costs, and the effect of governmental regulations and policies in general; our ability to achieve and meet our revenue, profitability, free cash flow and debt reduction targets for 2026 and in the future; and our ability to retain key personnel.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, estimated, or expected. Unless required by applicable securities law, DCM does not intend and does not assume any obligation to update these forward-looking statements.

NON-IFRS ACCOUNTING STANDARDS MEASURES

NON-IFRS ACCOUNTING STANDARDS AND OTHER FINANCIAL MEASURES

This press release includes certain non-IFRS Accounting Standards measures, ratios and other financial measures as supplementary information. This supplementary information does not represent earnings measures recognized by IFRS Accounting Standards and does not have any standardized meanings prescribed by IFRS Accounting Standards. Therefore, these non-IFRS Accounting Standards measures, ratios and other financial measures are unlikely to be comparable to similar measures presented by other issuers. Investors are cautioned that this supplementary information should not be construed as alternatives to net income (loss) determined in accordance with IFRS Accounting Standards as an indicator of DCM’s performance. Definitions of such supplementary information, together with a reconciliation of net income (loss) to such supplementary financial measures, can be found in our most recent annual and interim Management Discussion and Analysis and filed on SEDAR+ at www.sedarplus.ca.



Condensed interim consolidated statements of financial position

(in thousands of Canadian dollars, unaudited)

 March 31, 2026
$		 December 31, 2025
$
Assets    
Current assets    
Cash and cash equivalents $ 6,035 $ 1,941
Trade receivables 97,986 95,745
Inventories 20,449 19,272
Prepaid expenses and other current assets 6,333 4,899
Income taxes receivable — 245
  130,803 122,102
Non-current assets    
Other non-current assets 1,820 2,068
Deferred income tax assets 10,035 9,180
Property, plant and equipment 32,118 32,045
Right-of-use assets 153,448 158,452
Pension assets 4,603 4,269
Intangible assets 6,753 7,072
Goodwill 22,747 22,747
  $ 362,327 $ 357,935
Liabilities    
Current liabilities    
Trade payables and accrued liabilities $ 51,187 43,822
Dividend payable 1,407 —
Current portion of credit facilities 11,464 11,856
Current portion of lease liabilities 12,658 12,228
Provisions 2,650 2,350
Income taxes payable 536 —
Deferred revenue 4,184 3,918
  84,086 74,174
Non-current liabilities    
Provisions 116 215
Credit facilities 59,390 65,470
Lease liabilities 161,392 163,982
Pension obligations 11,202 11,862
Other post-employment benefit plans 1,242 1,268
Asset retirement obligation 3,577 3,548
  $ 321,005 $ 320,519
Equity    
Shareholders’ equity    
Shares $ 283,950 284,206
Contributed surplus 2,798 2,806
Translation Reserve 244 192
Deficit (245,670) (249,788)
  $ 41,322 $ 37,416
  $ 362,327 $ 357,935

Condensed interim consolidated statements of operations

(in thousands of Canadian dollars, except per share amounts, unaudited)

 For the three months ended March 31, 2026
$		 For the three months ended March 31, 2025
$
Revenues $ 117,443 $ 123,675
Cost of revenues 84,293 87,415
Gross profit 33,150 36,260
Expenses    
Selling, commissions and expenses 10,425 10,960
General and administration expenses 9,418 12,499
Research and development expenses 1,100 1,120
Restructuring expenses 1,427 —
Net fair value losses on financial liabilities at fair value through profit or loss (98) 119
  22,272 24,698
Income before finance costs and income taxes 10,878 11,562
Finance costs    
Interest expense on long term debt and pensions, net 1,436 1,871
Interest expense on lease liabilities 3,261 3,277
Amortization of transaction costs 206 140
  4,903 5,288
Income before income taxes 5,975 6,274
Income tax expense    
Current 2,285 2,071
Deferred (1,099) (911)
  1,186 1,160
Net income for the period $ 4,789 $ 5,114
Other comprehensive income:    
Items that may be reclassified subsequently to net income    
Foreign currency translation 52 (5)
  52 (5)
Items that will not be reclassified to net income    
Re-measurements of pension and other post-employment benefit obligations 986 (385)
Taxes related to pension and other post-employment benefit adjustment above (250) 98
  736 (287)
Other comprehensive income (loss) for the period, net of tax $ 788 $ (292)
Comprehensive income for the period $ 5,577 $ 4,822
Basic earnings per share 0.09 0.09
Diluted earnings per share 0.08 0.09

Condensed interim consolidated statements of cash flows

(in thousands of Canadian dollars, unaudited)

 For the three months ended March 31, 2026
$		 For the three months ended March 31, 2025
$
Cash provided by    
Operating activities    
Net income for the period $ 4,789 $ 5,114
Items not affecting cash    
Depreciation of property, plant, and equipment 1,659 1,722
Amortization of intangible assets 319 383
Depreciation of right-of-use assets 4,906 4,802
Share-based compensation expense — 70
Net fair value losses on financial liabilities at fair value through profit or loss (98) 119
Pension expense 286 372
Gain on disposal of property, plant, and equipment 3 —
Provisions 1,427 —
Amortization of transaction costs 206 140
Accretion of asset retirement obligations 29 28
Other post-employment benefit plans expense 60 43
Income tax expense 1,186 1,160
Changes in non cash working capital 2,661 (12,263)
Contributions made to pension plans (294) (355)
Contributions made to other post-employment benefit plans (86) (108)
Provisions paid (1,226) (4,002)
Income taxes (paid) received (1,504) (1,400)
Total cash (used in) generated from operating activities 14,323 (4,175)
Investing activities    
Proceeds on sale and leaseback transaction — 6,694
Purchase of property, plant, and equipment (1,735) (1,489)
Purchase of non-current assets — (143)
Total cash provided by investing activities (1,735) 5,062
Financing activities    
Proceeds from credit facilities 15,000 32,232
Repayment of credit facilities (21,678) (18,873)
Decrease in bank overdrafts — (880)
Transaction costs — (4)
Dividends paid — (11,063)
Principal portion of lease payments (1,888) (1,775)
Repurchases of shares (264) —
Total cash (used in) financing activities (8,830) (363)
Change in cash and cash equivalents during the period 3,758 524
Effects of foreign exchange on cash balances 52 (13)
January 1, 2026 opening balance prior to restatement for IFRS 9 amendments 1,941 —
Adjustment on adoption of IFRS 9 amendments for 2025 outstanding cheques on January 1, 2026 (note 3) 284 —
Cash and cash equivalents – beginning of period 2,225 6,773
Cash and cash equivalents – end of period $ 6,035 $ 7,284

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9195 Torbram Road, Brampton, Ontario L6S 6H2 • Tel: 905-791-3151 • 1-800-268-0128 • Fax: 905-791-3277 • [email protected]

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Wednesday, November 13, 2024, 9:00 AM - 10:00 AM (EDT)

Q3 2024 Earnings Conference Call

Please find the below call details

Richard Kellam, President & CEO and James Lorimer, CFO, will host a conference call and webcast to present Q3 2024 results followed by a live Q&A period.

Please Register for the webinar prior to the call.

Please check back later for latest event information.

Wednesday, September 25, 2024 at 10:30 AM PST

Planet MicroCap Showcase: VANCOUVER 2024

Please find the below call details

Webcast URL Link: https://www.webcaster4.com/Webcast/Page/3056/51001

Please check back later for latest event information.

Thursday, May 23, 2024 at 11:00 AM EST

DCM Annual General Meeting

Please find the below call details

Microsoft Teams

Join the meeting now

Meeting ID: 289 493 443 779

Passcode: kdwkrp

Dial-in by phone

+1 647-749-9154,,45713029# Canada, Toronto

Find a local number

Phone conference ID: 457 130 29#

Please check back later for latest event information.

Steve-L-cut-headshot

Steve Livingstone

Senior Vice President, Digital

When our clients are looking for real-world guidance on how technology can improve their businesses, Steve leads the way. An award-winning sales leader with an exceptional track record in enterprise account management and digital transformation, he helps organizations use digital solutions to simplify and modernize complex workflows.

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Digital evolution is constant: The learning and improving never stop. That’s what excites me about what I do—the fact that there is always a better, more innovative way to do things. Continually exploring that, and seeing the impact it has for clients, is very satisfying.”

Most recently Director of Sales at a multi-national digital consulting agency, he has helped transform some of the biggest brands in North America. Drawing from experience that includes SaaS/cloud, data, and analytics, he builds and supports game-changing digital strategies that make DCM’s clients more efficient and uncover new opportunities for them to grow. Steve holds a Bachelor of Arts from Queen’s University.

Wednesday, May 1, 2024 at 12:30 pm EST

DATA Communications Management Corp. to participate at the Planet Microcap Showcase: Vegas 2024 on Wednesday May 1.

Planet MicroCap Showcase: VEGAS 2024

Date: Wednesday, May 1, 2024

Time: 12:30 PM Eastern Time ( 9:30 AM Pacific Time)

Webcast:  https://www.webcaster4.com/Webcast/Page/3026/50115

Please check back later for latest event information.

alison

Alison Simpson

Director

An award-winning marketer with an exceptional record in business and marketing strategy, Alison is renowned for helping companies differentiate their brands in ways that inspire associates, excite customers, and grow the business. Currently CMO for Key, an innovative Toronto-based technology real estate company, she has held similar roles at Holt Renfrew, TMX Group, and Rogers Communications, as well as building a consultancy specializing in start-ups. She brings to DCM a proven knack for quickly measuring business potential against consumer needs, and driving powerful results.
Along with her support for DCM, Alison sits on the board for CNIB Foundation, and the Advisory Board at Smith School of Business Master of Management Data Analytics and Artificial Intelligence Program. As a past board director for MEC (Mountain Equipment Company), she was part of a turnaround effort and helped manage through its strategic business restructuring, sale and increased profitability. She is passionate about helping organizations thrive in today’s increasingly competitive market environments.

Tuesday, August 10, 2022 at 9:00 AM EDT.

DCM to Announce Second Quarter 2022 Results

The Company will host a conference call and webcast.

DCM will be using Microsoft Teams to broadcast the call, which will be accessible via the options below:

Join on your computer or mobile app

Click here to join the meeting

Or call in (audio only)

+1 647-749-9154,,914477492# Canada, Toronto
Phone Conference ID: 914 477 492#

The Company’s full results will be posted on its Investor Relations page and on www.sedar.com. A video message from Richard Kellam, DCM’s President and CEO, will also be posted on the Company’s website.

Please check back later for latest event information.

Christine Custodio

Christine Custodio

Vice President, Operations

As the person who ultimately ensures the work we do for clients comes to life in the way we’ve promised it will, Christine serves as the bridge connecting Sales and Operations—the person who guides the execution and oversees the quality of complex, national campaigns and programs for some of North America’s biggest brands.


With more than 25 years’ experience in direct marketing and business communications, Christine is, in her words, “extremely solution-oriented”. Her wealth of experience comes from extensive expertise in direct marketing: rolling out innovative client implementations across multiple channels; and integrating advanced digital workflow automation.

icon-quote
“My general approach to work is: There is a solution for everything, but it takes a committed, cohesive team to deliver it. When we put our heads together and collaborate—with each other and with our clients—we prove time and again that we can do it, whatever ‘it’ happens to be.”
She combines this with a passion for working with people, and continually strives to build and motivate teams whose members not only deliver the best possible solutions, but also have the chance to develop and grow, both professionally and personally.
Christine_Custodio-diamond

Christine Custodio

Senior Vice President, Operations

As the person who ultimately ensures the work we do for clients comes to life in the way we’ve promised it will, Christine serves as the bridge connecting Sales and Operations—the person who guides the execution and oversees the quality of complex, national campaigns and programs for some of North America’s biggest brands.


With more than 25 years’ experience in direct marketing and business communications, Christine is, in her words, “extremely solution-oriented”. Her wealth of experience comes from extensive expertise in direct marketing: rolling out innovative client implementations across multiple channels; and integrating advanced digital workflow automation.

icon-quote
“My general approach to work is: There is a solution for everything, but it takes a committed, cohesive team to deliver it. When we put our heads together and collaborate—with each other and with our clients—we prove time and again that we can do it, whatever ‘it’ happens to be.”
She combines this with a passion for working with people, and continually strives to build and motivate teams whose members not only deliver the best possible solutions, but also have the chance to develop and grow, both professionally and personally.
Asad-M-cut-headshot

Asem Moqbel

Vice President, Procurement

Balancing the complex supply chains that support a multi-national company like DCM requires deep knowledge and broad oversight. Asem brings plenty of both to the role, building on more than 15 years of experience leading all facets of supply chains, from planning to procurement, to contracts, to inventory management, and logistics. Always looking to increase value for DCM and for our clients, he brings to his role a wealth in business planning, process automation, system integration, and driving efficiency across the organization.
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“The more efficient our supply chains, the more efficiently we operate and the more effective our solutions for clients. It’s all part of one eco-system.”
He is currently the driving force behind DCM’s disciplined effort to influence spend and realize cost savings across all segments of our business. He is relentless in his focus on reducing total cost of ownership: He has spearheaded improved company-wide procurement practices; strengthened our strategic supplier relationships; and has been instrumental overall in continually improving the processes by which we interact with our supplier network.
Karen-R-cut-headshot

Karen Redfern

Vice President, Customer Technology Solutions

Technology is a tremendous enabler, but only when it truly fits the client’s needs. Karen makes certain DCM’s solutions are fully aligned with those needs, and that, from implementation to ongoing support, our clients are well looked-after.
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“At its heart, technology is about helping people solve problems. My job is to ensure we do that by taking a client-focused approach to every solution we deliver.”
Drawing from two decades of experience guiding enterprise-wide deployments and operational processes, Karen continually strives to ensure evolving market trends and client challenges are reflected in the capabilities of our platforms and services. An intuitive leader and natural problem-solver, she works closely with clients across all sectors to help them acquire and adapt the solutions that will best support their workflows and move them forward.
Geneviève-Gravel

Geneviève Gravel

Vice President, People Experience

As VP, People & Culture, Geneviève supports DCM in all aspects of Human Resources, mentoring and motivating team members to grow and flourish personally as much as professionally. With her strategic vision, Geneviève leads her team to proactively align HR goals with the goals of the business, providing consulting expertise on HR issues, recruitment, policies, and procedures. Fueled by empowering positive change, Geneviève continues to hone her communication expertise with the latest HR courses and skill-building programs.

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“When you stop dealing with the employee and start dealing with the human being, you can figure out what really drives that person—and help them find where they need to be.”
Over her 25-year career, Geneviève negotiated labour relations between employees and unions before cultivating her passion for a more behavioural-based HR approach at Delta, AccorHotels, Rolls-Royce Canada, and, since 2014, DCM. A certified Life & Business Coach and Neuro-Linguistic Programming (NLP) Coach, Geneviève has a Bachelor’s degree in Industrial Relations from the University of Montreal.
BFW-Diamond

Barbara Franovic-Wilkins

Vice President, Marketing

When our clients want to get their brand or message out into the marketplace—and when we at DCM want to share our own stories and successes—Barb provides the direction and oversight that ensure the right strategy and resources are in place. Passionate about the power of marketing and communication to inform and incent, Barb makes sure that from first spark to final execution, initiatives progress smoothly, according to plan, with the right DCM technology supporting them.
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“As the ‘face’ of your business, your brand is truly one of your most valuable assets. It’s how customers perceive you and relate to you. My goal is to help it stand out, make sure it ‘speaks’ in a relevant and compelling way, and is flawlessly expressed wherever it appears.”
Having worked for over 20 years managing campaign development and rollout in sectors such as retail, financial services, consumer goods packaging, and not-for-profit, Barb is intimately familiar with the many moving parts within marketing and what it takes to mobilize them and get results. She ensures our marketing expertise and solutions align with what clients need now, and can drive future growth.
Patrick_Aussant-diamond

Patrick Aussant

Vice President, IT Operations

A seasoned IT executive with extensive experience in change management, Patrick knows how to rally a team around a new path forward. As VP, IT Operations since 2009, Patrick is responsible for planning, implementing, upgrading, and maintaining the infrastructure, applications, and cyber-security at DCM. Under Patrick’s leadership, his groups consistently deliver great internal and external customer experiences—ensuring maximum uptime, stability, and security in the company’s computer systems and networks.
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“IT should be transparent. It should provide our internal teams and external customers with easy access to timely, accurate information so seamlessly they don’t even know it’s there. That is my vision for IT.”
Over the course of his 30 years in information technology, Patrick has developed a deep knowledge in acquisition, merger, and ERP implementation. Previous to DCM, he was Senior IT Director at Relizon Canada. Patrick studied Business Administration at UQAM, Montreal, and Information Technology at Control Data Institute, Montreal.
jason_sharpe-diamond

Jason Sharpe​

Senior Vice President, Commercial Leadership

Taking an idea from concept to commercialization requires an innate ability to balance opportunity with risk while maintaining a bird’s-eye view of constantly evolving market trends. Jason’s ability to do that, and help clients leverage their potential, is second-to-none.
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“You have to start by knowing how the client measures their success—by understanding their higher-order needs. Only then can you bring forward ideas that align with their growth strategy.”
A business development and sales professional with over 20 years of experience, Jason has a unique knack for helping clients drive value in their organizations. To that end, he pushes the DCM sales team to think not just about volume of ideas, but finding the best ideas on an enterprise-wide basis. Ideas that meet clients’ objectives, fulfill the needs of their customers, and move metrics in the right direction.
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Sharad Verma

Senior Vice President, Strategy & Marketing

It takes insight and foresight to assess big-picture challenges and turn them into meaningful opportunities, supported by the right solutions. Sharad is a master of interpreting complex client requirements and market trends, and responding with ideas ground in both evidence and aspiration.
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“My job is to unify our teams around one central mission: to ensure our customers get the best solutions for their business—from strategy to execution—that will improve the bottom line.”
With over 25 years of experience in digital marketing and management consulting, Sharad has helped a diverse set of clients create value through innovative marketing and consumer solutions. Backed by his own entrepreneurial experience founding and running a successful digital agency, he brings together DCM’s multi-disciplinary teams to solve problems and drive sustainable business performance for our clients.
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James E. Lorimer

Chief Financial Officer

With more than 20 years of experience as a finance professional in capital markets, James knows a thing or two about aligning business and finance strategy. As CFO, James plays a key role in guiding the long-term direction of DCM, providing the proper financial planning, analysis tools, and leadership to the organization. Previously an investment banker, private equity fund advisor, and a senior member of an executive search firm, James is all about collaborating with people to develop and implement capital markets and M&A strategies

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“It’s been exciting transforming the business from printing to marketing and communications; our clients value the transparency and insights into our new strategic direction that my team has offered throughout the transition.”

James’ extensive career as an investment banker began at Midland Walwyn Capital (now Bank of America Merrill Lynch), leading small- and mid-cap, high-growth companies. He later co-founded Clarus Securities, a leading Canadian institutional-focused investment dealer, where he served as head of investment banking and as a member of the executive committee. Before joining DCM in 2015, he held a senior role with Ludwig Wessel & Associates, a boutique executive search firm specializing in the capital markets. He also advised a private equity fund and its portfolio companies on debt & equity financings and mergers & acquisitions. James holds an MBA from the Ivey Business School at Western University.

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Richard Kellam

President & Chief Executive Officer

Arriving with a fresh vision, an appetite for learning and growth, and more than 35 years of experience in general management, customer development and marketing communications, Richard Kellam is well set up to lead DCM into the future. His resume reads like a who’s-who of major brands. Before coming to DCM, Richard was Chief Executive Officer of Advantage Group International, a leading consulting and business development company serving major global enterprises.
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“I do this work because I’m passionate about the potential of exceptional marketing. I’ve learned something new in every position I’ve held, and I bring that to bear in every role I undertake.”
Richard’s professional learning began as Brand Manager for Playtex Limited. He took his on-the-job education to higher levels with positions at Robin Hood Multifoods, Molson Breweries, Mars Inc., and The William Wrigley Company. By the time he became Senior Vice President of Global Sales and Marketing at Goodyear, he had earned the leadership expertise and industry reputation to teach a master class. Richard’s formal education was taken at the University of Western Ontario.
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Shelly  Anwyll

Senior Vice President, North America, Retail & Emerging Markets

With her keen eye for budding opportunities, Shelly guides market strategy and oversight for DCM’s enterprise business solutions in her role as SVP, North America, Retail & Emerging Markets. Leveraging her strong background in retail, healthcare and Consumer Packaged Goods (CPG), she is especially active in positioning DCM as a leader in the cannabis space and nurturing partnerships with over a dozen of Canada’s leading cannabis producers. Recently, Shelly’s expertise helped DCM develop a full solution to meet Health Canada’s regulatory labelling requirements.
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“My entrepreneurial spirit, open mind, and appetite to win drives me to challenge my clients on the status quo and inspire them to think beyond today to new opportunities for excellence tomorrow.”

Shelly has held various VP roles over her 25-year career in outsourced marketing services, on both the client-side and at agencies including Mosaic, Match Marketing, and Consumer Impact Marketing. A proud supporter of SickKids, Shelly was the Vice President of Strategic and Corporate Partnerships at SickKids Foundation. She has a Bachelor of Arts in Economics from Laurentian University.
James-Lorimer

James E. Lorimer

Corporate Secretary

With more than 20 years of experience as a finance professional in capital markets, James knows a thing or two about aligning business and finance strategy. As CFO, James plays a key role in guiding the long-term direction of DCM, providing the proper financial planning, analysis tools, and leadership to the organization. Previously an investment banker, private equity fund advisor, and a senior member of an executive search firm, James is all about collaborating with people to develop and implement capital markets and M&A strategies.

James’ extensive career as an investment banker began at Midland Walwyn Capital (now Bank of America Merrill Lynch), leading small- and mid-cap, high-growth companies. He later co-founded Clarus Securities, a leading Canadian institutional-focused investment dealer, where he served as head of investment banking and as a member of the executive committee. Before joining DCM in 2015, he held a senior role with Ludwig Wessel & Associates, a boutique executive search firm specializing in the capital markets. He also advised a private equity fund and its portfolio companies on debt & equity financings and mergers & acquisitions. James holds an MBA from the Ivey Business School at Western University.

Derek K. Watchhorn

Derek J. Watchorn

Director

Derek joined DCM’s board in 2016, bringing with him a wealth of global experience. Over the past six years, he was consultant and management committee member on the redevelopment of Buttonville Airport land, as well as consultant on a joint venture involving a major shopping centre in Budapest. A lawyer by trade, Derek has extensive executive experience in the real estate industry in Ontario and abroad. Currently a director of Timbercreek Financial Corp., he also served in London, England as Executive Vice President of Canary Wharf plc and Executive Director of TrizecHahn plc.

Derek joined the law firm Davies Ward Phillips & Vineberg LLP as a solicitor in 1968, becoming partner two years later. Until 2004, he was a senior advisor to the Paul Reichmann family in Toronto, a capacity in which he served on a seconded basis as Executive Director of Olympia & York Canary Wharf plc. Derek was previously a director of Patheon Inc.

Mike Sifton

Mike Sifton

Director

With his long and successful career in the newspaper publishing business, Mike brings extensive experience and expertise in print operations management to DCM, where he has served as a director since 2015, and was CEO until 2018. Previously, Mike was President and CEO of Sun Media, and before that, led the formation and eventual public offering of Osprey Media Group. Prior to forming Osprey, Mike was President of Hollinger Canadian Newspapers L.P. and President and CEO of family-owned Armadale Communications.

Most recently, Mike has served as a Managing Director at Beringer Capital, a private equity firm based in Toronto that focuses on the marketing, specialty-media and advertising industries in North America. In addition to Mike’s work at DCM, he is a past Director of Yellow Pages Limited and is involved in a number of not-for-profit organizations, including serving as the former Chairman of the Board of Governors for St. Andrews College in Aurora, Ontario. Mike holds a B. Comm (Honours) from Queen’s University.

James J. Murray

James J. Murray, SIOR

Director

With a rich career spanning 50 years in the commercial brokerage industry, James has always been passionate about helping people put their ideas into action. Currently a Principal and SVP of Lennard Commercial Realty Limited, he joined DCM’s board in June 2016. As SVP and Director of Business Development at Cushman & Wakefield Ltd. Brokerage, James led major assignments across Canada, including the Mississauga and Oakville campuses of Sheridan College, Movati Health Clubs, and the TPCL head office in Calgary. Prior to that, he was the Managing Director and a Partner at J.J. Barnicke. Named “Business Person of the Year” by the Mississauga Board of Trade in 2009, James has received the Queen’s Silver Jubilee and Diamond Jubilee medals and, in 2015, the prestigious Order of Ontario.

James is a member of the Society of Industrial & Office Realtors and is President and Chair of the Hazel McCallion Foundation for Arts, Heritage and Culture. He has also served two six-year terms as a board member and vice chair of the Peel Regional Police Services Board, as well as a 12-year term on the board of governors at Credit Valley Hospital.

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Richard Kellam

Director & Officer

Arriving with a fresh vision, an appetite for learning and growth, and more than 35 years of experience in general management, customer development and marketing communications, Richard Kellam is well set up to lead DCM into the future. His resume reads like a who’s-who of major brands. Before coming to DCM, Richard was Chief Executive Officer of Advantage Group International, a leading consulting and business development company serving major global enterprises.


Richard’s professional learning began as Brand Manager for Playtex Limited. He took his on-the-job education to higher levels with positions at Robin Hood Multifoods, Molson Breweries, Mars Inc., and The William Wrigley Company. By the time he became Senior Vice President of Global Sales and Marketing at Goodyear, he had earned the leadership expertise and industry reputation to teach a master class. Richard’s formal education was taken at the University of Western Ontario.

 

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Greg Cochrane

Vice Chairman

Greg provides well-rounded oversight of DCM, having led the company from 2016 to 2021 as President and CEO. He now serves as Vice Chairman of the company, bringing his experience in marketing services, communications, event management, and private equity investment to the company and its shareholders.

As an owner of Mariposa Communications earlier in his career, he helped build it into Canada’s largest event company by the time it was sold to Mosaic. Soon after, he became lead investor and director of Pareto Corporation, a marketing services start-up that he helped go public before its sale to a private equity firm. Greg continued his career at VRG Capital, where he served as lead investor and director in a number of public and private companies. In 2016, he joined DCM as an investor and director, becoming President and then CEO. He has held his current role of Vice Chairman since April 2021. Passionate about giving back to Canadian communities, Greg was recognized with Canada’s 125th Commemorative Anniversary medal for volunteerism. He has an MBA from the Smith School of Business at Queen’s University.
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J.R. Kingsley Ward

Chairman of the Board

With over 30 years of experience as an investor in, and director of, private equity and public company investments, Kingsley provides incomparable guidance to DCM. He became director of the company in 2014 and Chairman in 2016. Kingsley began his career in 1991 at Vimy Ridge Group Ltd., later serving as President of VRG Capital. He co-founded and was director of Globalive Technology Partners, an AI and blockchain technology company, and also founded IPEC (now Flint Energy Services). Later, he founded Pareto Corp., a marketing services company, and served as Director of PLM Group, a commercial printing and direct marketing company. Now Managing Partner of VRG Capital Corp., he is also Chairman on a number of boards across a wide range of industries including finance, communications, and pharma.

Passionate about giving back to Canadian communities, Kingsley has worked with Polo for Heart, a Heart & Stroke Foundation charity event, for 25 years. He is a co-chair of the Capitalize for Kids board, an investor conference in support of SickKids Hospital, and is a past director of the Special Olympics Canada Foundation. Actively involved in YPO (Young Presidents’ Organization) since 1999, Kingsley has held a number of positions, including chairman of the Ontario chapter and Canadian regional educational officer.