Quipt Announces the Passing of Board Member Eugene Ewing
January 12 2022 - 7:30AM
Quipt Home Medical Corp. (“
Quipt” or the
“
Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based
leader in the home medical equipment industry, focused on
end-to-end respiratory care, is regrettably announcing the passing
of Eugene Ewing, Independent Board Member and Chair of the Audit
Committee. Mr. Ewing was an accomplished and seasoned public
company executive with a wealth of knowledge across a variety of
industry groups.
“Eugene’s wealth of experience, business acumen
and strategic guidance will be greatly missed. Eugene was an
integral part of assisting us in reaching our goal of building a
world-class respiratory care company in the United States and his
contributions over the years will not be forgotten. On behalf of
the Board, and the entire Quipt team, I want to express my deepest
condolences to Eugene’s family,” said Greg Crawford, Chairman and
CEO of Quipt. “Our management team is exceptionally excited about
the future and we will continue driving forward in the wake of this
saddening news.”
Prior to Mr. Ewing passing, the Board of
Directors began the process of identifying highly qualified
candidates for addition to the Board, and currently has a short
list of candidates. The Board is focussed on identifying a
candidate to fulfill the role of Independent Director and Chair of
the Audit Committee.
Mr. Ewing served on Quipt’s Board and Chaired
the Audit Committee since September 2018. Mr. Ewing had over 30
years of professional experience in a wide range of executive
positions serving as an independent director of a New York Stock
Exchange listed company focused on creating sustainable food, feed
and fuel solutions from organic by-products. He also served as an
independent director at a separate New York Stock Exchange listed
company that owns and manages controlling interests in a diverse
family of established North American middle market businesses.
In addition to his public company roles, Mr.
Ewing had been the managing member of Deeper Water Consulting, a
private wealth and business consulting company, since March of
2004. Previously, Mr. Ewing held senior positions at the Fifth
Third Bank, and was a tax partner at Arthur Andersen LLP for over
15 years, in Cincinnati, Ohio. Mr. Ewing was also on the Advisory
Board for the Von Allmen School of Accountancy at the University of
Kentucky and was a director of a private trust company located in
Wyoming and a private consulting company located in California.
ABOUT QUIPT
HOME MEDICAL
CORP.
The Company provides in-home monitoring and
disease management services including end-to-end respiratory
solutions for patients in the United States healthcare market. It
seeks to continue to expand its offerings to include the management
of several chronic disease states focusing on patients with heart
or pulmonary disease, sleep disorders, reduced mobility and other
chronic health conditions. The primary business objective of the
Company is to create shareholder value by offering a broader range
of services to patients in need of in-home monitoring and chronic
disease management. The Company’s organic growth strategy is to
increase annual revenue per patient by offering multiple services
to the same patient, consolidating the patient’s services, and
making life easier for the patient.
Forward-Looking
Statements
For further information please visit our website
at www.Quipthomemedical.com, or contact:
Cole StevensVP of Corporate Development
859-300-6455cole.stevens@myquipt.com
Gregory CrawfordChief Executive OfficerQuipt Home Medical
Corp.859-300-6455investorinfo@myquipt.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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