Canada Carbon's CEO, CFO, Nikitovic Resigning Effective December 15th
2021-10-20 12:47 ET - News Release
Ms. Olga Nikitovic reports
CANADA CARBON INC. ANNOUNCES RESIGNATION OF ITS CEO EFFECTIVE DECEMBER 15, 2021
Canada Carbon Inc.'s chief executive officer Olga Nikitovic will be resigning from this position, effective Dec. 15, 2021. Ms. Nikitovic also fulfills the role as the company's chief financial officer and will be resigning from this position on Dec. 15, 2021, as well. The company acknowledges the significant contribution to Canada Carbon that Ms. Nikitovic made during her 14-year tenure as chief financial officer.
Ms. Nikitovic accepted the position of interim chief executive officer for Canada Carbon upon the death of her husband, the company's former chief executive officer, R. Bruce Duncan, last year. She has communicated to the board of Canada Carbon that "personal family matters" is the reason for her pending departure.
The board of Canada Carbon assures shareholders that, in conjunction with Ms. Nikitovic, it will immediately commence planning for Ms. Nikitovic's succession and a positive go-forward strategy for the success of Canada Carbon. Ms. Nikitovic will remain active within Canada Carbon as its chief executive officer until December 15.
The company will miss Ms. Nikitovic immensely. She did an excellent job of keeping Canada Carbon on track with its objectives and working hard for its shareholders following the sudden death of her husband Mr. Duncan last year.
We seek Safe Harbor. |
