Business

IRD Appoints New President And Chief Executive Officer

IRD Appoints New President And Chief Executive Officer Canada NewsWire SASKATOON...

articleQuarterhill IncJune 1, 20205/company/quarterhill-inc/news/ird-appoints-new-president-and-chief-executive-officer
IRD Appoints New President And Chief Executive Officer

About this update from Quarterhill Inc

[{"type":"text","content":"\n\n\n\nIRD Appoints New President And Chief Executive Officer\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\nCanada NewsWire\nSASKATOON, June 01, 2020\n\n\n\nSASKATOON, June 01, 2020 /CNW/ - International Road Dynamics Inc., a Quarterhill Inc. company (TSX: QTRH) (OTCQX: QTRHF), today announced that Mr. Randy Hanson has retired as President and Chief Executive Officer. As part of a planned leadership succession process, IRD's current Chief Operating Officer and Executive VP, Rish Malhotra, succeeds Randy Hanson as President and Chief Executive Officer of the Company, effective immediately.\n\"IRD continues to grow as a world leader in the ITS industry, and over the last two years along with our subsidiary operations and our partners, has continued to add new solutions including the VectorSense Tire Sensor Suite, radar-based intersection control devices and more recently video and camera solutions using image recognition driven by Artificial Intelligence and cloud-based data services,\" said Randy Hanson.  \"Even through the recent challenges created by the COVID-19 pandemic, IRD has continued to persevere while exceeding the expectations of our customers.\"\n\"IRD has a strong and visionary team that will continue to drive growth in the ITS industry.  After over 22 years working with the IRD team, I am very confident that this is a good time to retire and spend more time with my family,\" said Hanson. \"I will miss both the people that have made IRD successful and the opportunities to meet and work with our customers.  IRD has a very bright future and will expand its market presence under the leadership of Rish Malhotra. I am also confident that Rish will continue to ensure the consistency of IRD's Customer Driven focus, providing continued value and quality to our customers.\"\nRish Malhotra is a Professional Engineer (P.Eng.) and also holds an MBA in Technology and International Business Management. Rish has been with IRD for the past 12 years progressing through various roles including Vice President, International Busi...

More updates from Quarterhill Inc