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MDA ANNOUNCES APPOINTMENT OF YUNG WU TO BOARD OF DIRECTORS

MDA ANNOUNCES APPOINTMENT OF YUNG WU TO BOARD OF DIRECTORS Canada NewsWire ...

articleMda Space LtdFebruary 14, 20244/company/mda-ltd/news/mda-announces-appointment-of-yung-wu-to-board-of-directors
MDA ANNOUNCES APPOINTMENT OF YUNG WU TO BOARD OF DIRECTORS

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[{"type":"text","content":"\n \n \n \n MDA ANNOUNCES APPOINTMENT OF YUNG WU TO BOARD OF DIRECTORS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n BRAMPTON, ON\n \n \n ,\n \n \n Feb. 14, 2024\n \n \n /CNW/ - MDA Ltd. (TSX: MDA), a trusted space mission partner to the rapidly expanding global space industry, is pleased to announce the appointment of\n \n Yung Wu\n \n to MDA's Board of Directors, effective\n \n February 14, 2024\n \n . Serving as an independent director, Mr. Wu's appointment increases the size of the Board to nine directors, in accordance with MDA's by-laws.\n \n \n \n \n \n \n \n \n \n Until recently, Mr. Wu was the CEO of the MaRS Discovery District, one of the world's largest innovation hubs with over 1,200 companies in various sectors and at all stages of growth and scale. Prior to MaRS, Mr. Wu had a lengthy career as a serial entrepreneur and private equity investor, building, backing and scaling companies in enterprise software, mobile analytics, big data, media and entertainment, technology services, and biotech.\n \n \n \"We are pleased to welcome\n \n Yung Wu\n \n to our Board of Directors,\" said Mr.\n \n John Risley\n \n , Chair of the MDA Board. \"Yung is an experienced innovation and technology leader, entrepreneur and investor. He brings core competencies and valuable insight to the MDA Board at a time of rapid technical and market transformation in the space sector.\"\n \n \n Mr. Wu currently serves as Chair of private equity firm NFQ Ventures, Chair of the Toronto Region Board of Trade, a Director on the OMERS Administration Corporation Board, and independent Director on the board of Antibe Therapeutics Inc.\n \n \n With a focus on creating positive social and economic change through innovation and entrepreneurship, Mr. Wu is co-founder of the Coalition of Innovation Leaders Against Racism (CILAR), a network of senior leaders committed to creating pathways and opportunities in the innovation economy for the Black community, Indigenous peoples, and people of color. He also served as an inaugural Governor in Council a...

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