/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES/
MARKHAM, ON, Jan. 22, 2019 /CNW/ - Nexia Health
Technologies Inc. (TSXV-NGH.H) (the "Company") announced today that
Azmin Daya will take over as
President and Chief Executive Officer ("CEO") of Nexia Health
Technologies Inc. from Sam Chebib
effective February 1, 2019.
Sam Chebib, who has been
President and CEO of the Company since its inception in 2002, will
step down as President and CEO in order to dedicate more time to
his other business interests and will continue as Chairman of the
Board, an appointment he has maintained since September 2016.
Effective February 1, 2019,
Sam Chebib will join the Audit
Committee replacing Azmin Daya, and
will take on the role of Chairman of the Audit Committee.
Azmin Daya is an experienced
executive, board advisor and board member with numerous years of
C-suite experience, as CEO, COO and CFO of various financial
service entities. Mr. Daya is a Chartered Certified
Accountant from the UK, a Fellow of the Chartered Certified
Accountants Association of the UK, a Certified Management
Accountant and Chartered Professional Accountant in Canada and holds a Master of Science degree in
Management from Boston University.
"We are fortunate to have someone of Azmin Daya's caliber and experience step up to
lead Nexia Health" said Nick
Clemenzi, Chief Financial Officer of the Company. "As a
member of the Company's board of directors and Chairman of the
Audit Committee since September 2016,
Azmin has a solid understanding of the Company which will result in
a seamless leadership transition."
"On behalf of the Company, I would like to thank Sam for his
outstanding leadership contributions to the Company during his
tenure as President and Chief Executive Officer", said James Iglesias, member of the Board of Directors
of Nexia Health. "I look forward to continue working with
both Sam and Azmin.
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.
SOURCE Nexia Health Technologies Inc.