MCAN Mortgage Corporation (d/b/a MCAN Financial Group) announced that after a comprehensive search by the Board of Directors, Don Coulter will assume the President role and join the Board of Directors on December 1, 2023, as part of the planned leadership change. Karen Weaver has chosen to step down as President and as a Director of the Board effective immediately. She will remain as a consultant through the end of 2023 to support an orderly transition in leadership.  The Board has appointed John Coke as Lead Director. Don is currently the CEO of connectFirst Credit Union and prior to this was the President and CEO of Wyth Financial (formerly Concentra Bank) where he led strategy including a digital transformation, award-winning product development, rebranding, and increased profitability.

In addition to these positions, Don was CFO and then CEO of Coast Capital. Don is an alumnus of New York University Stern School of Business and the University of Toronto. He is a Chartered Professional Accountant and is an accredited director by the Institute of Corporate Directors.