Quorum Announces Appointment of Chief Operating Officer
September 08 2020 - 8:00AM
Quorum Information Technologies Inc. (TSX Venture: QIS) ("Quorum"
or the "Corporation") announces effective immediately the
appointment of Mr. Mike Herenberg as Chief Operating Officer
(“COO”).
Mr. Mike Herenberg joins Quorum as Chief
Operating Officer and will work closely with Mr. Maury Marks,
founder, President and CEO of Quorum, on the Corporation’s overall
strategy and execution. Mr. Herenberg will oversee Quorum’s
end-to-end service delivery, including implementation, support,
customer success and infrastructure.
“I am thrilled to be welcoming Mike to Quorum,”
said Mr. Marks. “Mike brings over two decades of leadership, most
recently as Vice President and COO at Element Fleet Management and
prior to that as President of Kerr Group. Mike has extensive
experience working with multi-divisional companies and achieving
operational efficiencies, improved employee engagement and higher
customer satisfaction rates, all of which lead to increased revenue
growth. We are excited to have Mike on board to help accelerate our
One Quorum approach as we continually optimize our business while
focussing on increased revenue growth.”
“I am ecstatic to join the team at Quorum as we
continue to build a superior product and service offering for our
valued clients. I strongly believe that the Quorum value
proposition is very impressive, and I look forward to helping to
unlock further value for all our stakeholders as we continue to
execute on Quorum’s exciting growth strategy,” said Mr.
Herenberg.
Mr. Herenberg brings more than 20 years of
experience which includes roles as Vice President of Product
Strategy and Customer Experience for North America and Chief
Operations Officer for Canada for Element Fleet Management, the
largest fleet management company in North America and the largest
pure play commercial vehicle fleet management company globally.
Prior to that, Mr. Herenberg was the President of Kerr Group of
Companies, a technology company employing approximately 200 people
across 11 locations in Canada with two main operating businesses,
Frontier Technologies and Northern Business Intelligence. Mr.
Herenberg holds a Master of Business Administration from the
Sobey’s School of Business, Saint Mary’s University, a Masters
certificate in Project Management from the Schulich School of
Business, York University and a certificate in Financial Management
from Saint Mary’s University.
About Quorum Information Technologies
Inc.
Quorum is a North American company focused on
developing, marketing, implementing and supporting its portfolio of
software and services for automotive dealerships that includes:
- XSelleratorTM, a Dealership
Management System (DMS) that automates, integrates and streamlines
key processes across departments in a dealership, and emphasizes
revenue generation and customer satisfaction.
- DealerMine CRM, a sales and service
Customer Relationship Management system and set of Business
Development Center services that drives revenue into the critical
sales and service departments in a dealership.
- Autovance, a sales desking and
menuing system that increases sales department gross margins and
improves customer satisfaction for dealerships.
- Advantage, a full showroom system
for both franchised and independent dealerships and a comprehensive
operating system that includes accounting for the independent
market.
Quorum Information Technologies Inc. is traded on the Toronto
Venture Exchange (TSX-V) under the symbol QIS. For additional
information please go to www.QuorumDMS.com.
Forward-Looking InformationThis
press release may contain certain forward-looking statements and
forward-looking information ("forward-looking information") within
the meaning of applicable Canadian securities laws. Forward-looking
information is often, but not always, identified by the use of
words such as "anticipate", "believe", "plan", "intend",
"objective", "continuous", "ongoing", "estimate", "expect", "may",
"will", "project", "should" or similar words suggesting future
outcomes. Quorum believes the expectations reflected in such
forward-looking information are reasonable but no assurance can be
given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied upon.
Forward-looking information is not a guarantee
of future performance and involves a number of risks and
uncertainties some of which are described herein. Such
forward-looking information necessarily involves known and unknown
risks and uncertainties, which may cause Quorum's actual
performance and financial results in future periods to differ
materially from any projections of future performance or results
expressed or implied by such forward-looking information.
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed this release and
neither accepts responsibility for the adequacy or accuracy of this
release.
Contact: Maury Marks
403-777-0036MarksM@QuorumDMS.com
PDF
available: http://ml.globenewswire.com/Resource/Download/36580cee-51f9-4e28-83f6-0024ce9e767b
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