Business
VendTek announces appointment of senior financial executive to its Board of Directors
VendTek announces appointment of senior financial executive to its Board of Directors
About this update from Serrano Resources Ltd.
[{"type":"text","content":"\n\n\n\nDec. 11, 2009 (Canada NewsWire Group) -- VANCOUVER, Dec. 11 /CNW/ -- VendTek Systems Inc. (VSI - TSX Venture) (the \"Company\") today announced the appointment of Mr. Garth Albright to the Company's Board of Directors and its Audit Committee. The appointment is subject to the approval of TSX Venture Exchange.Mr. Albright has more than 30 years of progressively senior experience in financial reporting, accounting, regulatory compliance, equity capital markets, investor relations, mergers and acquisitions, and IT operations. He has served as Chief Financial Officer and Corporate Secretary of Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, since 2003. He previously held senior financial positions with a number of public and private companies including Peace Arch Entertainment Ltd., Cannect Communications Inc., Shoppers Drug Mart and Cominco Engineering Services Ltd.Mr. Albright is a seasoned executive with a successful track record of leading global companies through significant periods of change, while driving profitability, growth and operational excellence. He is a Certified Management Accountant and a director of the British Columbia Technology Industry Association.\"Adding a seasoned financial executive like Garth as an independent director and member of the audit committee is an important step forward as we look at ways to enhance board oversight and independence going forward,\" said Martin Parent, Chairman of VendTek Systems Inc. \"Garth's financial and public company experience, combined with his software industry expertise and relationships, will allow him to begin contributing to the future direction of the Company in the near term.\"\"VendTek has built a solid foundation in the Canadian prepaid space, with solid growth opportunities both in the United States and internationally,\" said Garth Albright. \"I look forward to working with the current Board and leadership team leveraging my previous experience as the Company's moves to its next phase of growth.\"VendTek today also announced that Mr. Stuart Wooldridge has resigned from the Board of Directors, effective immediately. The Board and management team would like to thank Mr. Wooldridge for his years of service and contribution to the Company.About VendTekVendTek develops and licenses automated tran...