Business
Enablence Technologies Announces Senior Management Change and Director Resignation
Ottawa, Ontario--(Newsfile Corp. - January 10, 2020) - Enablence Technologies Inc. (TSXV: ENA)...
About this update from Enablence Technologies Inc.
[{"type":"text","content":"Enablence Technologies Announces Senior Management Change and Director ResignationOttawa, Ontario--(Newsfile Corp. - January 10, 2020) - Enablence Technologies Inc. (TSXV: ENA) (\"Enablence\" or the \"Company\"), a leading supplier of optical components and subsystems for access, metro and long-haul markets, today announced a change to its executive management team.Scott Larin has been appointed as Chief Financial Officer of the Company, effective immediately, subject to TSX Venture Exchange approval. Mr. Larin replaces Gerald Leahy who has stepped down as Interim CFO of the Company. Mr. Leahy has been a valued member of Enablence since 2012 and has made numerous contributions to the business. The Company would like to thank him for his work over the years and wish him success in the future.Mr. Larin is a seasoned finance executive with over 20 years of finance, capital markets and financial advisory experience. Mr. Larin has held senior positions at several blue-chip independent and bank-owned investment dealers and has previously served as Chief Financial Officer of a privately held non-bank financial company. Mr. Larin is a CFA® charterholder and graduated from The Ivey Business School with an Honors Business Administration (HBA) degree in 1997.Effective immediately, Yifan (Evan) Chen has resigned as a director of the Company. The Board thanked Mr. Chen for his service both as an executive and a directorCFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.About Enablence Technologies Inc.Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company's product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents. For more information, visit www.enablence.com.Forward-looking StatementsThis press release may contain forward-looking statements regarding the busines...