Think Research Corporation (TSX-V:THNK) said Jae Cornelssen will step down as chief financial officer on April 15, 2022 to pursue other interests but will remain available through to mid-June to support an orderly handover, including completing the company’s audit and reporting of its first-quarter financial results.
As Think initiates a search for Cornelssen’s replacement, John Hayes will assume the role of interim CFO to work on a seamless transition, the Toronto-based clinical content and technology company said.
"I'd like to thank Jae for his dedication and support over what has been a remarkable period of growth for Think. We wish him the very best in his future endeavours," Sachin Aggarwal, CEO of Think said in a statement.
"With John, Think gains the experience and operational depth of a seasoned technology and software executive leader. His track record of scaling finance teams, driving process automation and digitization, as well as integrating acquired businesses, make him a great fit to lead Think's finance team during this period."
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"It has been a great pleasure to work with the dynamic and innovate teams at Think during my tenure," said Cornelssen. "I look forward to working with the executive team to ensure that the transition will be a smooth one."
Think said Hayes has more than 20 years of experience in leadership positions, including more than 10 years as a CFO for technology-based and publicly-traded organizations such as Rand Worldwide, Natraceuticals, and Engineering.com. Most recently, he was CFO, COO and Client Experience leader with CarltonOne Engagement.
In his career, Hayes has led and participated in many merger and acquisition transactions and has been successful in structuring teams and automating financial processes, ultimately realizing overall operational and cost efficiency post-merger, the company noted.
"I'm so excited to join the team at Think Research. I'll use my time at Think to build on a solid foundation and leverage my experience at technology and software companies to drive strong financial results," Hayes said of his appointment.
"Think is already a global leader in getting new evidence and changing best practice into the hands of doctors and nurses, so patients get better care. I'm proud to be a part of the next leg of that journey."
For over a decade, Think's cloud-based, EMR-agnostic digital tools have empowered clinicians around the world and positively impacted millions of patients across the continuum of care, including primary physician care, acute care hospitals and surgical suites as well as community and seniors care. Think has a rapidly growing, global client base that spans five continents across more than 13,000 healthcare facilities, with a clinical audience of over 300,000 doctors, nurses and pharmacists.
Contact the author at jon.hopkins@proactiveinvestors.com