CERRITOS, CA, Aug. 11, 2015 /CNW/ - Omni-Lite Industries Canada
Inc. (the "Company" or "Omni-Lite") (TSXV:OML) (OTCBB:OLNCF)
is pleased to announce the appointment of Sébastien Goulet to the
Board of Directors.
"Sébastien Goulet has been involved with Omni-Lite on several
projects over the last six months and as a result has an excellent
understanding of the needs and requirements of the Company," stated
David F. Grant, CEO and Chairman of
the Board of Directors. "Sébastien has also had a long history with
key companies in the aerospace, defense, and industrial
marketplaces, some of which could be future customers and partners
of Omni-Lite."
With over 15 years as a senior executive leading global
corporate strategies and operations, Mr. Goulet has extensive
experience in the Aerospace, Automotive, Energy, Industrial,
Medical and Fitness Industries. By combining his P&L
expertise and Lean/Six Sigma/Operations/Supply Chain experience, he
has contributed to the development of a new business approach that
combines Sales and Marketing advantages with operational
excellence. His understanding of key business metrics and
processes has allowed Mr. Goulet to implement and lead global
operations and business strategies.
At GE, Sébastien was Global Sourcing Manager and Quality
Director. At ITT, Sébastien was VP and Director of Global
Operations and as such lead their nine P&L and global
manufacturing centers to a new improved level of performance.
Previous work assignments also included Deutsch Connectors
(EVP Industrial Strategies), Nautilus (SVP Operations and GM
Commercial Division), PerkinElmer Optoelectronics (VP/GM Specialty
Lighting and VP Global Operations), and Fläkt Woods (VP Global
Operations UK). In the past few years, Sébastien has worked,
as a consultant with Airspeed Equity of San Diego, in implementing operational, sales,
marketing and financial business improvements for several
companies.
Sébastien holds a Masters Degree in Engineering Management, a
Masters in Manufacturing Engineering, a Bachelor of Science in
Mechanical Engineering and a Bachelor of Science in Aerospace
Engineering, all from Syracuse University. He is fluent in
English, French and has intermediate Spanish language skills.
Pursuant to its stock option plan and in accordance with the
policies and approval of the TSX Venture Exchange, the Board of
Directors has approved a grant of 50,000 stock options to Mr.
Goulet. These options vest equally over a period of 3 years
and are exercisable on or before August 11,
2020 at an exercise price of $1.58 per common share.
The Company is regretfully announcing the resignation of
Donald J. Kelly from the Board of
Directors. "Don was one of the founding members of Omni-Lite and
has been a friend and mentor to many of the Omni-Lite family,"
stated David F. Grant, Chairman and
CEO. "Don will be very difficult to replace. We wish him the very
best in his future endeavors."
Omni-Lite Industries Canada Inc. is a rapidly growing high
technology company that develops and manufactures precision
components utilized by Fortune 500 companies including Boeing,
Airbus, Bombardier, Embraer, Alcoa, Ford, Borg Warner, Chrysler, the U.S. Military, Nike,
and adidas.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Omni-Lite Industries Canada Inc.