Toby Chu - Charmain, President, and Chief Executive Officer
Mr. Toby Chu founded CIBT in 1994 and developed the company into a global organization employing over 500 staffs educating over 15,000 students per year.
In 2013, Mr. Chu implemented plans to develop North America’s first Education Super Center and Mega Center in Metro Vancouver. He also acquired and developed student centric serviced apartments & hotels to accommodate students coming to study in Vancouver. Such strategy complemented CIBT’s 44 corporate owned schools and offices, and its network of 140+ partner schools from around the world. Within 3 years Mr. Chu completed over $600 million of real estate acquisitions and developments, with target to assemble $1 billion of student-housing portfolio within 5 years.
During his career, Mr. Chu was recognized as “Top 40 Business People under 40”, and top 30 finalists for the Entrepreneur of the Year Award across Canada. Under Mr. Chu’s leadership, CIBT was named “Top 10 Most Influential Sino-Foreign MBA Programs in China”, “Top 2 College Preparation Programs in China,” “Top 5 Sino-Foreign Education Institutes in China”. In Canada, CIBT has been ranked “Top 100 Public Companies in B.C.”, Top 100 and Top 200 “Canada’s Fastest Growing Companies” by Profit Magazine 8 times in 15 years, and won the “Premium Growth Award”. In 2015, Mr. Chu received the “Chinese Canadian Entrepreneur of the Year Award” by the Association of Chinese Canadian Entrepreneurs.
Dr. David Hsu - Independent Vice Chairman
Dr. Hsu has been a director of CIBT Education Group since 2006 and became its chairman of the board in 2007. Dr. Hsu obtained his medical training at the medical school of the University Hamburg, Germany in 1967. He graduated with an overall rating of “excellent”. He obtained more medical training in Germany and New York City. From year 1977 to 2005, Dr. Hsu was in private practice in Orange County, California.
Dr. Hsu was one of the founders of Multi-Fineline Electronix, Inc. (MFLX) and had served as its chairman for over fifteen years and has become its Chairman Emeritus upon its IPO on Nasdaq in June 2004. In 1995, Dr. Hsu co-founded MedicineNet.com. MedicineNet.com provides medical information in layman’s language on the Internet. MedicineNet was later acquired by WebMD, a public company. From September 2000 through May 2003, Dr. Hsu served as an independent director of i-Cable, Inc., a Nasdaq and Hong Kong Exchange listed telecommunications company.
Dr. Hsu obtained the degree of Master of Business Administration from the Pepperdine University at Malibu, California in April 1987.
Troy Rice - Independent Audit Committee Chairman
Mr. Rice has been a director of CIBT Education Group since 2005. He is also a director of CIBT. From 2002 to 2005, Mr. Rice served as Senior Vice President of Business Development at Universal Technical Institute, Inc. (NYSE: UTI), an automotive repair education company. From 2001 to 2002 Mr. Rice was Vice President at PetSmart, Inc. (NASDAQ: PETM), a supplier of pet supplies and products, and from 1995 to 2001, he was a Senior Vice President of Comfort Systems U.S.A. (NYSE: FIX). Mr. Rice received his Bachelors degree in accounting from the University of Iowa in 1985 and his MBA from Arizona State University in 1992. Mr. Rice is also a CPA in the state of Arizona.
Shane Weir - Independent Director
Mr. Weir has been a director of CIBT Education Group Inc. since 2008. Mr. Weir became a solicitor, barrister and notary public in Canada in 1978. He was admitted to the bars in England and Wales and in Hong Kong as a solicitor in 1992. He works as a solicitor at the law firm Weir & Associates in Hong Kong, a firm he organized in 1985. From 1989 to 1992, Mr. Weir was director of L&D Property Limited, a real estate brokerage firm in Hong Kong. He has lectured in both Canada and Hong Kong at the university level. Mr. Weir is also a registered investment advisor and is a director of Asia Pacific Investment Advisors Ltd., an investment management firm in Hong Kong, and e-Kong Group Limited, a company with operations in the telecommunications and technology industries in the United States, China, Hong Kong and Singapore.
Tony David - Independent Director
Mr. David has been a director of CIBT Education Group since 1998. From 1979 to present Mr. David has been self employed as an oral maxillofacial surgeon. He is a member of the Canadian Association of Oral and Maxillofacial Surgeons, the BC Association of Oral and Maxillofacial Surgeons, and the College of Dental Surgeons. Mr. David has a Master of Science degree in Physiology from the University of Oregon, and a Doctorate in Dental Medicine from the Washington University School of Dental Medicine in St. Louis, Missouri.
Derek Feng - Independent Director
Mr. Feng was appointed as director of CIBT Education Group Inc. by the Board of Directors effective July 20, 2011. He is an independent consultant providing advisory services relating to merger, acquisition, IPO, and other corporate finance activities to growth companies. Mr. Feng is also an investor and advisor to education companies that have significant growth opportunities, benefiting from the increasing globalization of education between Asia and North America.
Prior to July 2016, he was the Head of Education Investment of Fosun Group headquartered in Shanghai. Fosun Group is a conglomerate listed on the Hong Kong Stock Exchange with asset holdings around the world. Prior to joining Fosun Group, he was the CEO of Global Education & Technology Group from 2014 to 2016. Global Education is one of the largest education companies in China with over 3,000 employees. From 2012 to 2014, Mr Feng was retained by a group of institutional investors to become Chairman/Interim CEO of ChinaCast Education Corporation. His duties were to re-organize and re-structure ChinaCast and develop exit strategies for investors. From 2006 to 2011, Mr. Feng was the Executive Vice President of Strategy, Planning and Operations at Knowledge Universe, one of the largest education holding companies in the world with a network of more than 3,000 locations worldwide, over 40,000 education professionals, operating early childhood education centers, international schools, colleges, large online schools, and management systems. Prior to joining Knowledge Universe, he was the Global Head of Business Development at GE Industrial, a US$33 billion revenue division that has operating businesses ranging from high tech instruments to equipment leasing. Mr. Feng was also an officer of GE Capital Corporation, the largest non-bank financial services company in the world with over US$600 billion in assets.
Mr. Feng graduated from Tsinghua University of Beijing with a Bachelor of Science degree in Electrical Engineering, followed by a Master of Business Administration degree from UCLA, California.