MANAGEMENT

Norstone Financial Corporation is a merchant bank which invests in free-standing and fully staffed enterprises to enable them to grow and prosper. Steven holds a Bachelor of Commerce degree from McMaster University and is a Chartered Accountant. A executive and entrepreneur, Steven began his career in 1966 as Controller of the Alarm Division of Chubb Industries in Canada where, within three years, he was promoted to Vice President and General Manager. In 1974 he co-founded Dicon Systems (later renamed Dysys Corporation), a manufacturer of smoke and gas alarms.
Dicon was the preeminent recipient of the Canada Export Award in 1984. By 1985 Dicon had grown to be the world's third largest manufacturer of residential smoke alarms and that same year was listed on the Toronto Stock Exchange.

He founded Norstone Financial in 1975 as his personal holding company; by 1995 it had grown and evolved to become a merchant bank.

In addition to his work with numerous private companies, Steven has served as a director of several publicly traded corporations, including Dicon Systems Inc. (1985-1992), BioScrypt Inc. (1992-2002), Glendale Corporation (1996-2000) and Cipher Pharmaceuticals (2007-2009). He remains a director of CML Healthcare Inc. (TSE: CLC), a position he has held since 1996.

Steven is a committed supporter of several initiatives in the fields of culture and education. He has served on the board of governors of Holy Trinity School. He co-founded and funds the Aleksander Duknovych Prize in Rusyn Literature and, in 2001, established the Fellowship in Rusyn Studies at the University of Toronto. He is founder, President and chief benefactor of the World Academy of Rusyn Culture, an organization with members in Canada, USA, EU, Ukraine and Russia.

A keen equestrian, Steven continues to ride and has for many years owned and sponsored horses in Olympic show jumping and three-day event competitions.