Colabor Group Announces the Appointment of Mr. Warren White as Chairman of the Board
May 02 2019 - 09:57PM
Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Corporation”)
announces today the appointment of Mr. Warren White as Chairman of
the Board.
Mr. White is a seasoned executive having held
senior leadership roles in Information Technology, procurement and
accountancy in several large international organizations. In
addition, over the past decade, he has served on the boards of
several publicly traded companies. Mr. White is a CPA and
holds an MBA from Concordia University, where he teaches part-time
in the EMBA program.
Today, at the shareholders' meeting, Mr. Robert
Cloutier announced that he was withdrawing his candidacy as a
Director of Colabor for personal and professional reasons. Mr.
Cloutier has served on Colabor's Board for more than four years,
including two as Chairman.
“While I am retiring from the Board to
concentrate on other opportunities, I remain a shareholder and
strong supporter of Colabor. I am confident in Mr. White’s
chairmanship and wish, the Directors and management, the very best”
said Robert Cloutier.
As for Mr. White, he added, "I am very pleased
to Chair the Colabor board and thank Robert for his
contribution. Along with the other directors of the
Board, we will continue to provide support and guidance to Lionel
in the accomplishment of his strategy.”
“Robert has been an efficient leader, bringing
significant industry experience and insightful guidance to our
Board. On behalf of management, I wish to thank Robert for his
advice and support over the last year since I have been appointed”,
indicated Mr. Ettedgui.
Forward-Looking Statements
This news release may contain that may be deemed
to be forward-looking statements reflecting the opinions or current
expectations of Colabor Group Inc. concerning its performance,
business operations and future events. Such statements are subject
to risks, uncertainties and assumptions. As such, these statements
are not guarantees of future performance, and actual results,
realities or events may differ materially. Except as required by
law, the Corporation assumes no obligation to update these
forward-looking statements in the event that management’s beliefs,
estimates or opinions or other factors change.
About Colabor
Colabor is a distributor and wholesaler of food
and related products serving the hotel, restaurant and
institutional markets or "HRI" in Quebec, Ontario and in the
Atlantic provinces, as well as the retail market (grocery stores
and convenience stores). Within its two operating segments, Colabor
offers specialty food products such as meat, fresh fish and
seafood, as well as food and related products through its Broadline
activities.
Further information:Danielle
Ste-MarieSte-Marie Strategy and Communications Inc.Investor
RelationsTel : 450-449-0026 ext. 1180Fax. :
450-449-6180investors@colabor.com
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