PyroGenesis Canada Inc said it continues to expand its employee base with a number of new hires and has recently increased its executive team by appointing Steve McCormick to the position of vice president, Corporate Affairs.
The company noted that McCormick has held senior roles in corporate strategy, innovation, and communications for more than 25 years. As a management consultant, he provided advisory services for organizations across financial service, heavy industry, and public sectors, including Enbridge, the Red Cross, the Government of Ontario, and Manulife.
McCormick will be reporting directly to P. Peter Pascali, CEO of PyroGenesis.
"On behalf of the Board, it gives me great pleasure to welcome Mr. McCormick as VP, Corporate Affairs," Pascali said in a statement. "To say that to find someone with an experienced mix of strategy, communications, banking, and heavy industry, is challenging would be an understatement. "
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"We found Mr. McCormick's background to not only reflect this unique skill set, but he also had a unique familiarity with PyroGenesis as he was a very active, vocal, and contributor on a number of investor forums where he posted as an investor in the company under his pseudonym; MidtownGuy. We were taken by the quality of analysis which we found to be limited only by the fact that he did not have a complete picture of events. Now, with full information, Mr McCormick will be able to fully deploy his skills as he works directly with myself, and with our VP, Investor Relations, Rodayna Kafal, to help focus our strategic approach in all aspects of the Company," the CEO added.
As vice president of Strategy for Meridian, Canada's second-largest credit union with C$28bn in assets under management, PyroGenesis noted that McCormick led strategic expansion, partnership, and business-line diversification initiatives during that company's period of rapid growth.
Previously, as president of a large strategy and communications firm, he managed the company's decade-long growth from a 4-person start-up to a staff of 50-plus, serving multi-national clients including John Hancock, Celestica (TSX:CLS), Husky, GMAC, Dell, and the Government of Qatar.
Having started his career as a business writer, McCormick has developed official policy, strategy, and position papers for government, legal, and regulatory bodies; has acted as a strategic advisor for CEOs, government agencies, and political candidates; and has represented organizations in regulatory, governmental, and public-facing environments as senior executive in charge and board member.
Conference call scheduled
PyroGenesis also announced that it plans to host a conference call at 10.00am Eastern Time on Friday, April 1, 2022, to discuss the company's financial results for the 2021 fiscal year ended December 31, 2021, as well as the company's corporate progress and other developments.
The conference call will be available via telephone by dialing toll-free 877-800-3460 for US callers or for international callers +1 615-622-8042 and by entering access code: 2253876.
A webcast of the call may be accessed at https://edge.media-server.com/mmc/p/cfszijdr or on the company's Investor Relations section of the website.
PyroGenesis Canada is a leader in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG), and are economically attractive alternatives to conventional "dirty" processes.
The company has created proprietary, patented and advanced plasma technologies that are being vetted and adopted by multiple multibillion-dollar industry leaders in four massive markets: iron ore pelletization, aluminum, waste management, and additive manufacturing.
With a team of experienced engineers, scientists and technicians working out of its Montreal office, and its 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization.
Contact the author at jon.hopkins@proactiveinvestors.com