EnWave Corp (TSX-V:ENW, OTC:NWVCF) has announced the appointment of Louise Lalonde to its Board of Directors, where she will take on the role of Audit Committee Chair.
A seasoned Certified Public Accountant, Lalonde brings over 30 years of expertise in accounting, governance, risk consultancy, and compliance, EnWave highlighted.
Her professional background includes a partnership at Price Waterhouse Coopers and executive roles in the manufacturing and service industries.
Lalonde’s appointment follows the retirement of Mary Ritchie, who has served as EnWave’s Audit Committee Chair for the past decade.
In connection with her appointment, Lalonde was granted 150,000 incentive stock options, exercisable at $0.19 per share. These options have a five-year term and will vest in one-third increments over 18 months.
She was also awarded 25,000 Restricted Share Rights, which will fully vest after three years.