Northwire Canada EditionWednesday, July 22, 2026
Northwire
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Management

Futr appoints McDougall CEO; Hilmer becomes vice-chair

FTRC · Price

Executive Summary

  • The Futr Corp. has appointed Alex McDougall as its new Chief Executive Officer, effective immediately.
  • Outgoing CEO Michael Hilmer will remain with the company, transitioning to the role of Vice-Chairman.
  • McDougall’s appointment follows his recruitment as President in 2025, where he led the integration of the company's AI agent app, intelligent payment rails, and data monetization infrastructure.

Key Details

  • New CEO Appointment: Alex McDougall appointed as Chief Executive Officer.
  • Previous Role: McDougall served as President of Futr starting in 2025, playing a central role in advancing the consumer-first strategy.
  • Outgoing CEO Transition: Michael Hilmer steps down as CEO but remains with the company as Vice-Chairman.
  • Strategic Focus: Under McDougall, the company will focus on overall corporate strategy, execution, and stakeholder engagement as it enters its next phase of growth.
  • CEO Background: McDougall brings nearly 10 years of experience in digital assets, payments, and data infrastructure.
    • Former CEO of Canada Stablecorp Inc. (3 years).
    • Co-founder and Chief Investment Officer of Bicameral Ventures (blockchain and AI fund).
    • Former Managing Director at 3iQ (stablecoin yield generation and digital asset funds).
    • Board member of Balance Custody.
  • Chairman Appointment: G. Scott Paterson was appointed to the board on January 19, 2026, and provided commentary on the leadership change.
  • Product Context: The company’s core product is an AI-driven agent app that helps consumers monetize personal data and access financial insights.

Notable Quotes

  • G. Scott Paterson, Chairman: "Alex is a multifaceted executive with deep expertise across AI, digital assets and investment banking. We share a vision of a future in which every consumer has a personal life management AI-driven agent app to manage their increasingly complex lives while at the same time monetizing their personal information."
  • Alex McDougall, CEO: "At Futr, we're finally putting the full technology stack together to put consumer-controlled data, tokenized data monetization and personalized AI together to create an agent that can perform complex financial transactions on your behalf, keep your data safe and reward you for every piece of data you contribute."
Read the original news release →

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