Business
Sylogist Strengthens Board with Appointment of New Independent Director; Combines Annual and Special Meeting for May 12, 2026
Calgary, Alberta--(Newsfile Corp. - March 16, 2026) - Sylogist Ltd. (TSX: SYZ) ("Sylogist" or the...
About this update from Sylogist Ltd.
[{"type":"text","content":"Sylogist Strengthens Board with Appointment of New Independent Director; Combines Annual and Special Meeting for May 12, 2026Calgary, Alberta--(Newsfile Corp. - March 16, 2026) - Sylogist Ltd. (TSX: SYZ) (\"Sylogist\" or the \"Company\"), a leading public sector SaaS company, today announced the appointment of Andrew Shen to the Board of Directors and that Barry Foster will not be standing for re-election as part of the slate of directors to be put forth by the Company at the Meeting (as defined below). The Company also announced that, in light of these changes, it is postponing its previously scheduled Special Meeting and combining it with the Company's Annual Meeting of Shareholders (the \"Meeting\"). The Meeting will now be held on May 12, 2026.Board Refreshment Latest Step in Governance and Leadership Enhancements, Driven by Extensive Shareholder EngagementSylogist is pleased to welcome Andrew Shen to its board. Mr. Shen brings deep capital markets and growth equity investment experience, and proven board leadership that complements and supplements the Board's existing skills and experience. This appointment resulted from the consideration of a number of potential candidates, including individuals proposed by OneMove Capital Ltd. (\"OneMove\") and Tyler Proud, together with other potential candidates identified by Sylogist. Mr. Shen will stand for election at the Company's upcoming Meeting. Mr. Shen is the Co-founder and General Partner of Shen Capital Partners Inc., a Toronto-based technology growth equity investment firm founded in 2019. He currently serves as Chairman of Flexion Mobile Plc and previously served as Chairman of MediaValet Inc. until its sale to a private equity group in 2024. He has also served as Board Observer for several public software companies and held roles in capital markets at the Canadian Imperial Bank of Commerce, where he focused on trading and balance sheet risk management. \"Andrew's appointment is the next step in Sylogist's series of governance and leadership changes, intended to help position Sylogist for the next phase of its transition. On behalf of my fellow Directors, I welcome Andrew to the Board and look forward to working closely with him,\" said Errol Olsen, Board Chair. \"The Board and I also wanted to recognize Barry's long-term contributions to Sylogist. Barry was the architect o...