VICTORIA, Oct. 18, 2019 /CNW/ - Vecima Networks Inc.
(TSX:VCM) today announced that John
Hanna will be resigning from his position as the company's
Chief Financial Officer effective October 25, 2019 to accept a
senior executive role with another organization. Dale Booth, Vecima's Vice-President of Finance,
has been appointed to succeed Mr. Hanna as Chief Financial Officer
effective October 26, 2019.
"On behalf of our company and the Board of Directors, I want to
thank John for his nine years of service and his many contributions
to Vecima's growth and success," said Sumit
Kumar, Vecima's President and Chief Executive Officer.
"During his tenure with Vecima, John built a strong finance
department, recruited and developed an exceptional team, and played
a critical role in many major projects and initiatives, including a
number of acquisitions that have significantly advanced Vecima's
opportunities for the future. We wish John the very best as he
pursues the next phase of his career."
"We are also very pleased to announce the appointment of
Dale Booth as Chief Financial
Officer," added Mr. Kumar. "A CPA with extensive senior-level
finance experience, Dale has been an integral part of Vecima's
finance team for over eight years in his role as Vice-President
Finance and has participated closely in our key strategic
initiatives. Prior to joining Vecima, Dale served as Vice President
Finance and Corporate Controller of the Yanke Group of Companies,
as Chief Financial Officer of the Transall Group of Companies, and
in increasingly senior financial positions with Trimac
Transportation. He also served with KPMG for five years. Dale
brings a wealth of experience to his new role, as well as an
in-depth understanding of Vecima."
Vecima also today announced the promotion of Dean Rockwell to Executive Vice-President,
effective immediately. Mr. Rockwell joined Vecima in 2015 as
Senior Vice President Corporate Development and most recently
served as Senior Vice-President and General Manager, Content
Delivery & Storage. He will see his role expand to encompass
senior responsibility for strategic planning and human resources,
adding to his continued oversite of mergers and acquisitions and
Vecima's Content Delivery and Storage business. Mr. Rockwell has
over three decades of experience leading successful
technology-intensive businesses. Prior to joining Vecima, he was
CEO of In Motion Technology, and also spent 20 years as a senior
executive with Scientific-Atlanta and Cisco as Vice President and
General Manager of the Headend Systems and Digital Media Networks
businesses in the cable sector.
"We congratulate both Dale and Dean on their expanded roles on
our senior executive team," said Mr. Kumar. "Vecima is on the
threshold of exciting changes in our industry, and both of these
leaders have the skills and experience to help us capitalize on the
significant opportunities before us."
About Vecima
Vecima Networks Inc. is a global leader
focused on developing integrated hardware and scalable software
solutions for broadband access, content delivery and telematics. We
enable the world's leading innovators to advance, connect,
entertain, and analyze. We build technologies that transform
content delivery and storage, enable high-capacity broadband
network access, and streamline data analytics. For more
information, please visit our website at www.vecima.com.
Vecima's logo and Vecima's product names are trademarks or
registered trademarks of Vecima Networks, Inc., and subsidiaries,
while all other product names are trademarks or registered
trademarks of their respective owners.
SOURCE Vecima Networks Inc.