Black Diamond Group Announces Additions to Board of Directors
March 04 2021 - 6:30PM
Black Diamond Group Limited (“Black Diamond", the "Company" or
"we"), (TSX:BDI), a leading provider of space rental and workforce
accommodation solutions, is pleased to announce the appointment of
Leilani Latimer and Brian Hedges to its Board of Directors,
effective March 4, 2021. David Olsson, who joined Black Diamond’s
Board of Directors in January 2014 will not be standing for
re-election at the Company’s upcoming Annual and Special
Shareholder Meeting.
“We would like to thank Mr. Olsson for his contribution to Black
Diamond over the last seven years. His experience and understanding
of regional and international financial markets as well as his
experience building links between business, government and industry
bodies across Australia has been invaluable to our team,” said
Trevor Haynes, Chairman & CEO of Black Diamond Group Limited.
“We are pleased to welcome Ms. Latimer and Mr. Hedges to the Board.
Ms. Latimer’s deep knowledge of the travel industry combined with
her track record of successfully scaling B2B technology platforms
will be valuable as we continue to scale our LodgeLink platform.
Mr. Hedges is a deeply knowledgeable and experienced public company
leader who helped steward and transform Russel Metals into a highly
successful entity. His business acumen and expertise within the
industrials space will be valuable as we continue to grow Black
Diamond through both organic and inorganic means.”
Mr. Hedges is an experienced executive with a strong track
record. He served as President and CEO of Russel Metals (RUS:TSX)
from 2009 until his retirement in 2019. He remains on the Board of
Directors of Russel. Prior to being appointed as the President and
CEO of Russel, Mr. Hedges was the Executive Vice President and COO
from 2008 to 2009. Prior thereto, he was the Executive Vice
President and CFO from 1994 to 2007. Mr. Hedges’ long tenure at
Russel saw him spearhead an evolution of the company, where Russel
successfully integrated 32 acquisitions, improved asset management
and returns, re-started, and significantly grew the common share
dividend payments. Mr. Hedges received an Honors Commerce Degree at
Carleton University in Ottawa and is a Chartered Accountant. He
resides in Toronto, Ontario.
Ms. Latimer has a track record of growing B2B, SaaS and
enterprise software companies with extensive experience in the
travel technology sector. During a 25 year career with Sabre Inc.,
the world’s largest technology and services provider for the travel
industry, Ms. Latimer held leadership positions throughout the
organization that extended across the full commercial continuum.
Ms. Latimer also led Sabre’s enterprise Sustainability strategy,
reporting directly to the CEO, where she launched the travel
industry’s first Green Hotels program. Recently, she has served in
a leadership capacity with cloud based and SaaS technology
companies in the medical and life-sciences sectors. Ms. Latimer is
currently the interim Chief Commercial & Marketing Officer at
Fair Trade USA, a global certification organization that drives
supply chain transparency and sustainable development. Ms. Latimer
holds a BA from UC San Diego, a certificate in Management for
International Executives from UC Riverside, and a certificate in
Sustainable Management from Presidio Graduate School. She resides
in San Francisco, California.
About Black Diamond GroupBlack Diamond is a
specialty rentals and industrial services Company with two
operating business units - Modular Space Solutions (MSS) and
Workforce Solutions (WFS). We operate in Canada, the United States,
and Australia. MSS through its principal brands, BOXX Modular,
Britco, Vanguard, Schiavi, and MPA, owns a large rental fleet of
modular buildings of various types and sizes. Its network of local
branches rent, sell, service, and provide ancillary products and
services to a diverse customer base in the construction,
industrial, education, financial, and government sectors. WFS
through its principal brands, Black Diamond Camps and Black Diamond
Energy Services, owns a large rental fleet of modular accommodation
assets of all types and sizes and a fleet of liquid and solid
containment assets. Its regional operating terminals rent, sell,
service, and provide ancillary products and services including
turn-key operated camps to a wide array of customers in the
resource, infrastructure, construction, disaster recovery, and
education sectors. The WFS business unit also includes the
Company’s wholly owned subsidiary, LodgeLink, which operates a
digital marketplace for business-to-business crew accommodation,
travel, and logistics in North America.
Learn more at www.blackdiamondgroup.com.
Investor and Media InquiriesJason Zhang at
403-206-4739 or investor@blackdiamondgroup.com
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Cautionary Note Regarding
Forward-Looking Statements Certain information set forth
in this news release contains forward-looking statements. Although
Black Diamond believes that the expectations reflected in the
forward-looking statements contained in this news release, and the
assumptions on which such forward-looking statements are made are
reasonable, there can be no assurances that such expectations or
assumptions will prove to be correct. Readers are cautioned that
assumptions used in the preparation of such statements may prove to
be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties and other factors, many of
which are beyond the control of Black Diamond. These risks include,
but are not limited to: the impact of general economic conditions,
industry conditions, fluctuation of commodity prices, the impact of
the COVID-19 pandemic, the Company's ability to attract new
customers, failure of counterparties to perform on contracts,
industry competition, availability of qualified personnel and
management, timely and cost effective access to sufficient capital
from internal and external sources, political conditions,
dependence on suppliers and stock market volatility. The risks
outlined above should not be construed as exhaustive. Additional
information on these and other factors that could affect Black
Diamond's operations and financial results are included in Black
Diamond's annual information form for the year ended December 31,
2020 and other reports on file with the Canadian Securities
Regulatory Authorities which can be accessed on SEDAR. Readers are
cautioned not to place undue reliance on these forward-looking
statements. Furthermore, the forward-looking statements contained
in this news release are made as at the date of this news release
and Black Diamond does not undertake any obligation to update or
revise any of the forward-looking statements, except as may be
required by applicable securities laws.
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