Business
CardioComm Solutions Announces Addition of Banking Veteran to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - November 23, 2017) - CardioComm Solutions, Inc. (TSXV: EKG...
About this update from Cardiocomm Solutions, Inc.
[{"type":"text","content":"CardioComm Solutions Announces Addition of Banking Veteran to Its Board of DirectorsFinancial Expertise to Meet Demand on Deployment of New TechnologiesToronto, Ontario--(Newsfile Corp. - November 23, 2017) - CardioComm Solutions, Inc. (TSXV: EKG) (\"CardioComm\" or the \"Company\"), a global medical provider of consumer heart monitoring and medical electrocardiogram (\"ECG\") software solutions, today announced the appointment of Bank of Montreal veteran Mr. Steven Benyo, CPA, CA as the newest member of the Company's Board of Directors (\"BOD\") and as a member of the Company's Audit and Finance Committee.Mr. Benyo is a highly experienced risk management professional with acquisition due diligence and integration experience. His addition to the Company's BOD will support efforts to drive performance and manage the strategic deployment of finances and operational resources in step with efforts to deploy ECG monitoring technologies into new markets. The Company has been reporting improved fiscal performance since it completed a large debt restructuring in late 2016. This fourth BOD update for 2017 reflects the Company's plans to broaden its leadership profile to support the Company's executive team as it manages CardioComm's growth. Mr. Robert Caines, the Company's Chairman of the BOD, has implemented a restructured Sales and Marketing Advisory Group co-chaired by Ms. Meg Helms, a veteran of J&J's M&A Group, who joined the BOD in November of 2016. Mr. Benyo's appointment coincides with the release of the Company's new device and software product pipeline, aimed at addressing a burgeoning global marketplace.Mr. Benyo brings over 20 years of experience from the dynamic and complex financial services industry with a focus on finance, planning, forecasting, risk management and governance. Mr. Benyo spent 16 years with BMO Financial Group, where his last position was VP, Operational Risk Management, with accountability for overseeing the Personal and Commercial businesses in Canada and the US and the Wealth Management business internationally. He previously served as VP and Assistant Chief Auditor, Corporate Areas and prior to that, held progressively senior roles in finance. Mr. Benyo holds a Chartered Professional Accountants, Chartered Accountant (CPA, CA) designation, an Honours Bachelor of Commerce from McMaster Universit...