Carmanah Technologies Announces the Appointment of Evan Brown as CFO
March 05 2015 - 6:43PM
Business Wire
John Simmons, CEO of Carmanah today announces that Evan Brown
will join the Company as Chief Financial Officer and Corporate
Secretary.
Over the past 15 years Evan Brown has held senior financial
positions both in Canada and internationally. Evan, originally from
Victoria, BC, obtained his Chartered Accountant designation in
British Columbia and early in his career was part of Deloitte’s
audit team in Bermuda. In 2005 he joined Goldman Sachs in Grand
Cayman where he remained until 2011 when he took a position with
York Capital in New York. In 2012 Evan returned to Canada and most
recently was Vice President with State Street, where he managed a
group of financial professionals providing hedge fund accounting
and administrative services.
“I am delighted that Evan will join Carmanah”, said John
Simmons, CEO. “We have plans to significantly grow Carmanah
organically and by way of strategic acquisition. Evan’s broad
experience and obvious capability as a senior financial
professional will most certainly contribute to our ability to
engage these growth plans in a prudent manner.”
Evan Brown and his family will relocate to Victoria imminently.
His appointment is effective April 1, 2015.
Carmanah’s current Chief Financial Officer, Stuart Williams,
will remain with the Company as Corporate Controller.
“Stuart Williams stepped into the CFO role at my request during
a very difficult period in Carmanah’s history,” said John Simmons.
“Through this period Stu has worked tirelessly and has been a
significant contributor to the turnaround that is happening at
Carmanah. I am delighted that he will remain with the Company and
be part of our future growth plans.”
About Carmanah Technologies Corporation
Since its founding in 1996, Carmanah has become one of the most
trusted names in solar technology, delivering reliable and
cost-effective solar powered products and systems for industrial
applications worldwide. To date, Carmanah's solutions for marine
navigation, airfield ground lighting, aviation obstruction, roadway
illumination, parking lot lighting, as well as on and off-grid
power generation, have been successfully deployed in over 400,000
installations in 110 countries with proven performance in
conditions ranging from desert heat to arctic cold.
In 2013, through shareholder led initiatives, the company was
restructured under the leadership of CEO John Simmons, while the
Company’s largest shareholder, Michael W. Sonnenfeldt, became
non-executive Chairman. Carmanah’s current board members
demonstrate their belief in Carmanah's future by having been the
largest investors in each financing since
the restructuring and now, as a group, own the majority
of Carmanah's issued and outstanding shares.
Contacts
Carmanah Technologies Corporation:Stuart Williams, (250)
380-0052Chief Financial Officer/Corporate
Secretarystuart.williams@carmanah.com
This release may contain forward-looking statements. Often, but
not always, forward-looking statements can be identified by the use
of words such as “expects,” “plans,” “estimates,” “intends,”
“believes,” “could,” “might,” “will” or variations of such words
and phrases. Forward-looking statements involve known and unknown
risks, uncertainties, and other factors which may cause the actual
results, performance, or achievements of Carmanah to be materially
different from any future results, performance, or achievements
expressed or implied by the forward-looking statements. These
statements are based on management’s current expectations and
beliefs and are subject to a number of risks and uncertainties.
Examples of forward-looking information in this news release
include, but are not limited to, statements with respect to the
Company’s backlog and the ability to deliver these orders, and
estimates of revenue for the period. For additional information on
these risks and uncertainties, see Carmanah’s most recently filed
Annual Information Form (AIF) and Annual MD&A, which are
available on SEDAR at www.sedar.com and on the Company’s website at
www.carmanah.com. The risk factors identified in Carmanah’s AIF and
MD&A are not intended to represent a complete list of factors
that could affect Carmanah. Accordingly, readers should not place
undue reliance on forward-looking statements. Carmanah does not
assume any obligation to update the forward-looking information
contained in this press release.
Carmanah Technologies Corporation:Stuart Williams,
250-380-0052Chief Financial Officer/Corporate
Secretarystuart.williams@carmanah.com
Carmanah Tech Corp (TSXV:CMH)
Historical Stock Chart
From Jul 2024 to Aug 2024
Carmanah Tech Corp (TSXV:CMH)
Historical Stock Chart
From Aug 2023 to Aug 2024