Business
Power Group Announces Change of Management and Delay in Filing Annual Financials Caused by COVID-19
Toronto, Ontario--(Newsfile Corp. - April 23, 2020) - Power Group Projects Corp. (TSXV: PGP)&#...
About this update from Power Group Projects Corp.
[{"type":"text","content":"Power Group Announces Change of Management and Delay in Filing Annual Financials Caused by COVID-19Toronto, Ontario--(Newsfile Corp. - April 23, 2020) - Power Group Projects Corp. (TSXV: PGP) (\"Power Group\" or the \"Company\") is pleased to announce the appointment of new directors to the board and the appointment of a new executive management team for the Company. The new team is comprised of Aleem Nathwani, Chief Executive Officer, Chairman and Director, Yana Bobrovskaya, Director and David Kwok, Chief Financial Officer and Director.In connection with the foregoing, the Company announces the resignation of John Dyer as President, Chief Executive Officer and Director of the Company, Randy Koroll as Chief Financial Officer and Directors and the resignation of Brian Stecyk as a Director of the Company. The Board of Directors and management would like to thank Messrs. Dyer, Koroll and Stecyk for their contributions to the Company and wish them every success in their future endeavours.About the New Management Team and DirectorsBrief biographies of the members of the newly appointed Board of Directors and management team of the Company are as follows:Aleem Nathwani, Chief Executive Officer, Chairman, and Director - Mr. Nathwani has over sixteen years of experience working with and advising startups, from inception through to acquisition or public offering. He was one of the earliest team members at Nutanix (NASDAQ: NTNX, $6B+ MCAP), pioneers in the hybrid-cloud space, where he played key roles in driving business development. He also held strategic leadership roles within Telus Communications, incubating technology infrastructure and outsourcing deals for large enterprise customers, helping grow their portfolio to $100M+. Mr. Nathwani has also held advisor and board positions with a number of public and private companies.Yana Bobrovskaya, Director- Ms. Bobrovskaya has over 15 years of international business experience and has sat on the board of several public companies. A dedicated and highly motivated with considerable experience with comprehensive communications and business development. Works well with people from a variety of backgrounds, internationally and under pressure, to ensure results are achieved in accordance with expectations and requirements. Skilled in managing projects and overseeing progress, she excels in ...