PyroGenesis Canada Inc (TSE:PYR) (NASDAQ:PYR) (FRA:8PY) has announced two major appointments.
The company has named Nannette Ramsey an independent board director and Ben Simo as chief financial officer.
PyroGenesis said Ramsey brings manufacturing experience from Caterpillar Tractor Company and J.I. Case. She more recently served as the site manager and associate director of engineering for Edgewood Chemical Biological Center’s site at the Rock Island Arsenal in Illinois.
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She was responsible for strategic planning, budgeting, engineering support and testing, quality assurance, and information technology solutions to a variety of customers.
“Ms Ramsey’s extensive manufacturing experience is a valuable addition to the Board. I am pleased to welcome her on behalf of the Board as an independent director,” said PyroGenesis CEO P Peter Pascali in a statement. “Her strong experience combined with her extensive engineering expertise also fits well with the company’s next stage of growth. We are looking forward to Ms. Ramsey’s insights and perspectives during this exciting time in the company's evolution.”
Meanwhile, the company said newly named CFO Simo has more than 20 years of experience in finance with manufacturing and high-tech companies, including publicly traded companies, in Canada. He brings extensive experience in corporate finance, operational finance, accounting, taxation, and financial reporting to the company.
“I am also pleased to welcome Ben as PyroGenesis’ CFO,” said Pascali. “His broad financial expertise, combined with his experience in manufacturing and high-tech companies, is a welcome addition to the PyroGenesis family. Ben will help us execute, and further develop, our growth strategies. As the company will no longer need an interim CFO, Mr. Michael Blank will be stepping down from his role at PyroGenesis. The company and its Board of Directors thank him for his contributions, and wish him all the best in his future endeavors.”
Separately, the company announced that the board has appointed Raymond Chabot Grant Thornton LLP as the company’s new auditor, replacing KPMG LLP.
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