Quarterhill Welcomes David Charron as CFO to Drive Growth
David Charron Takes the Helm as Quarterhill's CFO
Quarterhill Inc. (TSX: QTRH) is excited to announce that David Charron has been appointed as the new Chief Financial Officer (CFO). This strategic move comes as the company gears up for its next phase of growth. David brings over 15 years of experience in leadership roles within public technology companies, making him a valuable addition to the Quarterhill team.
Significant Experience in the Technology Sector
Before joining Quarterhill, Mr. Charron served as CFO at Maropost Inc., a global player in the SaaS industry. His extensive experience also includes a role as CFO of Tiny Ltd./WeCommerce Holdings Inc., where he was instrumental in guiding the company through various stages of development. His previous tenure included a significant period at Terago Networks Inc., where he not only held financial leadership but also took on the role of Interim CEO, showcasing his versatile skill set.
Acknowledgment from Leadership
Chuck Myers, the CEO of Quarterhill, expressed enthusiasm about Charron’s appointment: "We are pleased to welcome David to our leadership team at this pivotal moment in Quarterhill's evolution. Over the past 18 months, we have made substantial progress towards our turnaround efforts, and David's governance expertise and experience in mergers and acquisitions will be essential as we continue on our growth trajectory."
The Road Ahead for Quarterhill
Charron’s career has been marked by strategic growth initiatives, including the successful closing and integration of multiple acquisitions during his time at Redknee Solutions Inc. His ability to navigate financial landscapes and implement effective operational strategies makes him particularly well-suited to help Quarterhill capitalize on emerging opportunities within the Intelligent Transportation System (ITS) industry.
Company Background
Quarterhill is a prominent provider of solutions in tolling, safety, enforcement, and logistics in the Intelligent Transportation System sector. The company's vision focuses on achieving technology-driven leadership in ITS while pursuing an aggressive acquisition strategy. With its stock traded on the TSX under the symbol QTRH and on the OTCQX under the symbol QTRHF, Quarterhill is well-positioned to enhance its market presence.
Contributions of Former CFO
In addition to welcoming David Charron, the company recognizes the contributions of Morgan Demkey, who served as the Interim CFO during this transition phase. His efforts helped steer Quarterhill through a crucial period and he will continue his role as Vice President of Operations in the Safety & Enforcement unit, where he has consistently delivered positive results.
Frequently Asked Questions
1. Who has been appointed as the new CFO of Quarterhill?
David Charron has been appointed as Quarterhill’s new Chief Financial Officer.
2. What experience does David Charron bring to Quarterhill?
David Charron brings over 15 years of experience in the technology sector, including roles at Maropost, Tiny Ltd., Terago Networks, and Redknee Solutions.
3. What is the focus of Quarterhill as a company?
Quarterhill focuses on providing solutions in tolling, safety, enforcement, and logistics within the Intelligent Transportation System industry.
4. What are the stock symbols for Quarterhill?
Quarterhill trades on the TSX under the symbol QTRH and on the OTCQX under the symbol QTRHF.
5. What acknowledgment did Quarterhill's CEO provide about the new CFO?
Chuck Myers, CEO, praised David Charron’s expertise and experience, emphasizing the importance of his role in Quarterhill’s growth strategy.
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