GreenBank Capital (CSE:GBC) Inc. has announced the appointment of GreenBank director Terry Pullen as the company’s new CEO, effective immediately.
Pullen, who has been a GreenBank director since April 2020, was previously the CEO of GreenBank portfolio companies The Substantia Group and, more recently, Staminier Limited.
“Terry has added a creative dimension to the company's strategy, since joining our Board 18 months ago, and I confidently support Terry stepping up to the CEO role,” GreenBank Capital (CSE:GBC) chairman Mark Wettreich said in a statement.
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“Given the huge progress GreenBank has made over the last year in delivering shareholder value and in the process becoming an award-winning merchant bank, I am immensely excited for the prospects we have, born from the foundation David Lonsdale helped us create and now handing over to Terry to lead the execution of our strategy,” Wettreich added.
Pullen also commented, stating: “The role is to lead the company to be listed on Nasdaq through creative deal-making and insightful investments delivered by a highly motivated and incentivized team. The goal is clear, and my commitment is to make GreenBank the capital growth story of the 2020's!”
Pullen replaces David Lonsdale, who has tendered his resignation as CEO and company director due to family medical reasons.
GreenBank invests in undervalued exponential growth companies focused on building consistent capital appreciation for its shareholders. The company has a flexible low-cost overhead structure designed to maximize profitability.
Contact Sean at sean@proactiveinvestors.com