Novra appoints Gair COO, Archambault CFO
2016-07-26 17:13 MT - News Release
Mr. Harris Liontas reports
NOVRA ANNOUNCES CHANGES TO MANAGEMENT TEAM
Novra Technologies Inc. has made changes to its management team following its merger with International Datacasting Corp. (IDC).
Novra's board of directors has appointed Patricia Gair to the newly defined role of chief operating officer (COO), in which she will oversee the internal operations of the company and lead special strategic initiatives. Ms. Gair holds a BSc in electrical engineering from the University of Manitoba and is also a chartered professional accountant, CMA. Prior to joining Novra, where most recently she has served as director of operations and chief financial officer, Ms. Gair held technical and leadership positions in manufacturing, engineering, software development, information technology, quality assurance and customer service at several organizations, including IBM Canada, Infocorp Computer Solutions and Continental Healthcare.
Effective July 25, 2016, the board of directors also appointed Steven Archambault as the chief financial officer (CFO) of Novra, and he will also serve as the president and chief financial officer of Novra's wholly owned subsidiary, IDC. Mr. Archambault brings to Novra a wealth of experience in corporate finance, treasury, financial planning and analysis, mergers and acquisitions, and corporate tax. He was previously the CFO and interim chief executive officer of IDC. He is a chartered professional accountant, CA, with over 20 years of progressive experience in finance and senior leadership positions, including six years with a public company listed on the New York Stock Exchange.
Additionally, within its IDC subsidiary, the company has taken steps to strengthen its sales and business development team. Gary Carter, previous vice-president of sales, has moved into the key role of vice-president, business development and products, where he will build on his history as a strategic contributor to the success of IDC's products and customers over the past 28 years.
IDC is also pleased to announce that Diana Cantu has joined the company as its new vice-president, corporate marketing and sales. Ms. Cantu will be responsible for leading the marketing and sales team for the Novra group of companies. Ms. Cantu previously worked at IDC for more than 10 years developing its Latin America market and later leading IDC's work in the United States. She was instrumental in expanding IDC's business in digital cinema, IPTV, broadcast radio and television, distance learning, and government applications. She also brings extensive experience in business development for other organizations within this and adjacent markets.
Ms. Cantu commented: "I'm excited to be back at IDC, we have an excellent core group of people, solid technology and an impressive customer base. This is an exciting moment in our industry as new applications for satellite and hybrid networks move to the fore. It's a great time to be in the content distribution business."
These appointments are expected to provide a sound foundation for a seamless merger integration of the two companies while continuing with uninterrupted service to global customers.
"I'm very pleased that we have made these changes to augment our already-strong leadership team and position Novra well for the future. Patti is an outstanding leader, who has demonstrated time and again her strength in operations and dedication to excellence. Steve has strong financial expertise and did an exceptional job of steering IDC through the recent merger. Diana brings a wealth of industry experience, market insights and a proven track record of growing business. Together with our entire team, we look forward to doing great things," said Harris Liontas, president and chief executive officer.
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