Somen Mondal, MBA, let us know that his company, Ideal, a talent-intelligence software provider, was acquired by Ceridian, a human-capital management-technology firm. The deal gives Ceridian customers access to Ideal’s diversity, equity and inclusion-intelligence system.
Alumni Notes
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Published in: Fall 2021
Field ID, the start-up led by co-founders Somen Mondal, MBA’06, and Shaun Ricci, was acquired by Master Lock Canada Inc. in February in a deal reportedly worth tens of millions. Since the company’s full-time launch in 2007, it has amassed a roster of more than 300 clients. Field ID offers safety inspection and compliance management software, with iPad and mobile device-based field use applications, to help inspectors, auditors and safety managers perform their jobs. Master Lock is the world’s largest manufacturer of padlocks and related security products for consumers and industry. Its acquisition of Field ID marks its entry into the software market. The cover story in our spring 2010 issue recounted Field ID’s early growth and the involvement of angel investors Greg Cochrane, MBA’74, and former [inaugural] QSB Entrepreneur-in-Residence Paul Hyde, among others. Somen and Shaun were also featured in our winter 2013 issue after they were honoured at Ernst & Young’s prestigious Entrepreneur Of The Year Awards in the “Emerging Entrepreneurs” category. The pair will continue to operate Field ID independently from its Toronto headquarters, with Somen as Vice President, Sales & Marketing and Shaun as Vice President, Technology and Product. “We’ll continue to focus on growing the business, as we have been doing,” Somen explains. “There will be an emphasis on recruitment of new staff and ramping up our offerings, with most of the integration with Master Lock taking place on the sales and marketing sides, effectively doubling our resources in these areas.” Somen and Field ID are definitely going places, so stay tuned for more updates and follow their progress at fieldid.com
Published in: Summer 2013
Daniel Monehin, AMBA’06, has been appointed to the board of Amex Bank of Canada. He serves on the board’s conduct review, audit and risk and HR committees. Daniel lives in Oakville, Ont.
Published in: Spring 2022
Daniel O. Monehin (AMBA) was awarded the designation Fellow of the Society of Management Accountants of Canada (FCMA) in October 2009. This is a prestigious national designation awarded to Certified Management Accountants who, through their outstanding achievements, bring distinction to the management accounting profession and serve as role models for others. Daniel is the first Canadian of African descent to be named a Fellow. As VP and Regional Finance Officer at MasterCard Canada, he is responsible for all aspects of strategic financial management, analysis, planning, accounting, reporting and taxation for the Canada region. He lives in Mississauga, ON, with his wife, Helen Ola, and son David.
Published in: Spring 2010
Ernst & Young has been celebrating the achievements of Canadaâs entrepreneurs for 19 years. This year, it was MBAâ06 alum Somen Mondalâs turn to be fêted. He and Shaun Ricci, co-founders of N4 Systems Inc. (Field ID), were honoured in the âemerging entrepreneurâ category at this yearâs gala in Toronto on Oct. 12. No stranger to QSB Magazine readers, Somen was featured in the cover story of the Spring 2009 issue. At that time, his Toronto companyâs premiere product, Field ID, a safety compliance and inspection management system for the web and mobile devices, was beginning to establish itself as an industry leader. Since then, it has continued to thrive and grow under Somenâs leadership as CEO and Shaunâs as COO. âOur mission is to make safety and compliance as simple as possible through industry leading software and technology,â says Somen. âEntrepreneurship and innovation are embraced by every member of our team, and everyone at Field ID has contributed to the success that this award represents.â When announcing the 2012 winners, Ernst & Youngâs Colleen McMorrow, National and Ontario Director of the Entrepreneur of the Year program, commented that âentrepreneurs like Somen and Shaun are great examples of the leadership, focus and vision needed to fuse innovation with business success.â More at www.fieldid.com. Email: somen.mondal@fieldid.com
Published in: Winter 2013
Mike Schauch (MBA) kicked off 2010 with 11 other community leaders by climbing 5,895 meters to the summit of Mt. Kilimanjaro in Tanzania, Africa. Mike, a Director of UBS Bank (Canada) in Vancouver, was the expedition leader and is a ‘Power to Be’ Adventure Therapy Volunteer. The objective of the climb was to raise funds and awareness for this charity that provides outdoor recreation programs that enrich the lives of disadvantaged children, young adults and their families. The climb raised more than $165,000, and Mike and his wife Chantal are now planning their next adventure.
Published in: Spring 2010
Sean Whitehead (MBA) and Jennifer Kent welcomed Madison Paige on Feb. 1 in Oakville, ON. Excited big brother Cameron is looking forward to teaching his sister how to eat chicken and play with trains.
Published in: Summer 2011
Jeremy Wilson (BCom) is happy to announce his marriage to Heather Klarer (BA’06) at the University Club in Kingston on Nov. 15, 2008. Heather and Jer met when both were pipers in Queen's Bands.They currently reside in Toronto.
Published in: Summer 2009
2005
Gerry Bally (EMBA) continued his career progression from family doctor, health administrator and executive with the Government of Canada, to Medical Attaché for the Immigration Program at the Canadian High Commission in New Delhi, India. There he led his staff in capturing the 2013 APEX Innovation Team Award. Gerry is eager for his next opportunity in team leadership, operations, project or change management; he would welcome an executive placement to solve complex organizational problems. Readers aware of such opportunities are welcome to email him at gerryabally@gmail.com.
Published in: Winter 2015
Peter Carter (EMBA) was promoted from Vice President, Engineering, to Chief Operating Officer at Riverstone Resources in Vancouver, BC.
Published in: Winter 2013