Press Release: Decisive Dividend Corporation Announces Chief Operating Officer Transition and Provides Tariff Impact Update

Dow Jones
11 hours ago

KELOWNA, BC, Sept. 23, 2026 /CNW/ -- Decisive Dividend Corporation (TSX-V: DE) (the "Corporation" or "Decisive") announced today the promotion of Mark Bureigh, a top-performing subsidiary president, to the role of Chief Operating Officer of the Corporation.

Mark Burleigh joined Northside Industries as President a year prior to its acquisition by Decisive in August 2019. During his tenure as President, Mark led Northside through a complex post-acquisition phase where results were challenged, transforming it into one of the highest-performing businesses in the portfolio. The appointment to COO builds on Mark's experience leading a Decisive subsidiary and his established working relationships across the Decisive group. As COO, Mark will serve as a senior operating resource working closely with subsidiary leaders to improve returns, scale operations and foster collaboration amongst the business units.

Mark will continue as president of Northside until his successor is appointed.

Jeff Schellenberg, Chief Executive Officer of Decisive, noted:

"The appointment of Mark as COO represents a strategic evolution for our leadership team. By leveraging his hands-on experience as a successful subsidiary president who has navigated his business unit through significant challenges to top tier performance, Mark is uniquely positioned to act as a vital support resource across our group. Mark has been active in sharing the steps taken and lessons learned on this journey with our other subsidiary leaders to support their journeys already and we are confident that this shift will empower our leadership group to drive improved returns across our businesses, ensuring that we continue to deliver consistent value to our stakeholders. We want to express our gratitude to Chris Goodchild for his contributions and dedication to Decisive during his tenure."

Mark Burleigh, Chief Operating Officer of Decisive, noted:

"I am pleased to take on the role of Chief Operating Officer and look forward to working more closely with Jeff and Decisive management, our subsidiary presidents and leadership teams across the portfolio. Having led a subsidiary within the group, I have a strong appreciation for both the accountability that rests with each president and the value that focused operational support, shared experience and collaboration can bring.

Decisive has a diverse portfolio of businesses with strong leadership, capabilities, and opportunities for continued growth. My focus will be on working alongside our presidents to strengthen operational effectiveness, help address material operating challenges, identify opportunities for improvement and value creation, and build greater collaboration and shared learning across the portfolio. I look forward to contributing at a broader level as Decisive continues to grow while remaining focused on the long-term success of each of our businesses."

Operational and Tariff Update

As ongoing concerns around the trade environment for Canadian manufacturing businesses has been re-emphasized with recent news, we wanted to provide an update on the impact to Decisive and its subsidiaries. As previously disclosed, Decisive's 2026 results have not been significantly affected by United States trade policy or tariffs. While trade policy has certainly had an impact on demand dynamics in certain businesses, namely Hawk and Northside as previously disclosed, the overall impact of direct tariff costs in 2026 has not been significant.

   -- Section 232 steel and aluminum tariffs have had the biggest impact on 
      Decisive's businesses, most notably Blaze King, particularly following 
      the increase to 50% tariff rates from 25% previously in the spring of 
      2026. Blaze King has implemented price increases to help mitigate the 
      impact of these steel and aluminum tariffs. 
 
   -- Refunds from IEEPA tariffs paid through 2025 have to-date in 2026 largely 
      offset these tariff costs. 
 
   -- The Section 338 tariffs introduced in August 2026 are also not expected 
      to have a significant impact on our businesses. The 338 tariffs do not 
      apply to products subject to 232 tariffs. The only products that would be 
      subject to 338 tariffs within the group are Marketing Impact 
      merchandising products made of plastic, however Marketing Impact sales of 
      these products into the United States are not significant. 

Decisive is also working with its subsidiaries to emphasize steps needed to enhance profitability in the current operating environment and will be communicating updates around these steps in future earnings releases.

About Decisive Dividend Corporation

Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership.

For more information on Decisive, or to sign up for email notifications of Corporation press releases, please visit www.decisivedividend.com.

Cautionary Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "believes", "expects", "could", "will", "may", "intends", "projects", "anticipates", "plans", "estimates", "continues" and similar words or the negative and grammatical variations thereof and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on management's current beliefs, assumptions and expectations as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking information relating to the future prospects of the Corporation and its operating subsidiaries, and the impact of United States trade policy or tariffs. Forward-looking statements are necessarily based upon a number of expectations or assumptions that, while considered reasonable by management at the time the statements are made, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies, many of which are beyond the Corporation's control and many of which are subject to change. Readers are cautioned not to place undue reliance on forward-looking statements which only speak as to the date they are made. Although management believes that the expectations and assumptions underlying such forward-looking statements are reasonable, there can be no assurance that such expectations or assumptions will prove to be correct. A number of risk factors could cause actual future results, performance, achievements and developments of the Corporation to differ materially from anticipated results, performance, achievements and developments expressed or implied by such forward-looking statements. Such risk factors include, but are not limited to: (i) operational risks, including risks related to acquisitions; dependence on customers, distributors and strategic relationships; supply and cost of raw materials and purchased parts; operational performance and growth; implementation of the growth strategy; product liability and warranty claims; litigation; reliance on technology, intellectual property, and information systems; (ii) financial risks, including risks relating to the availability of future financing; interest rates and debt financing; income tax matters; foreign exchange; capital allocation including dividends; trading volatility of common shares; dilution risk; valuation risk; insurance adequacy (iii) external risks, including risks relating to general economic and geopolitical conditions; industry specific conditions; government regulation (including trade restrictions and tariffs); pandemics; competition; environmental regulation; access to capital; market trends and innovation; commodity prices; climate risk; public perception or brand event; and (iv) human capital risks, including reliance on management and key personnel; employee and labour relations; conflicts of interest; quality of leadership and succession; culture misalignment; workforce skills gap; and talent retention and attraction, all as more particularly described in the most recent annual Management's Discussion and Analysis of the Corporation available on the Corporation's profile at www.sedarplus.ca. There can also be no assurance as to the future financial performance of the Corporation. The Corporation cautions the reader that the risk factors referenced above are not exhaustive. The forward-looking information contained in this release is made as of the date hereof and the Corporation is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

SOURCE Decisive Dividend Corporation

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