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Eguana Strengthens Leadership Team-Appoints Industry CFO [Kuwait News Agency](Kuwait News Agency Via Acquire Media NewsEdge) Eguana Technologies Inc (TSX VENTURE:EGT), (Eguana or the Company) a leading supplier of high performance power controls for distributed grid edge energy storage applications is pleased to announce that Michael G Dalton has been appointed as Vice President of Finance and Chief Financial Officer of Eguana Technologies Inc, effective immediately. Mr. Dalton is a seasoned financial executive with more than 20 years experience, most recently as Finance Director for Raytheon Canada Ltd, a large technology based defense contractor. At Raytheon, Mr. Dalton was responsible for financial reporting for Canadian operations within the global Raytheon Group and was a key contributor to strategic and risk management planning. Mr. Dalton brings highly relevant financial and management experience and a strong leadership background in industry and the Canadian military. In particular, Mr. Dalton`s Raytheon experience, where he received the Raytheon Six Sigma Specialist qualification, brings the core financial and process disciplines needed for a technology based manufacturing company that Eguana has become. I am very happy to have Michael join the Company at this important juncture in Eguana's history, commented Michael Carten CEO of the Company. Eguana is rapidly moving into a revenue growth mode. We doubled production in each of the past three Quarters and this month we are shipping more than 100 units per week in Germany. Michael is a key addition to a very strong operations team led by COO, Justin Holland and one of the best power electronics engineering groups in Canada led by CTO Brent Harris. Michael Dalton is a Chartered Accountant (Canada), Chartered Public Accountant (U.S.) and Chartered Global Management Accountant. In addition to these certifications, he has an Executive MBA, 2013 from Athabasca University and is a graduate of the Raytheon Leadership Development Program, the Army Operations Course at Canadian Land Command and Staff College, in Kingston, Ontario and the Army Tactical Operations Course, 2006 at the Combined Arms Training School at Gagetown, New Brunswick The Company also noted that it has granted 300,000 employee stock options to Mr. Dalton under the Company`s Stock Option Plan exercisable at a price of $0.38 per share. All KUNA right are reserved (c) 2014 Provided by SyndiGate Media Inc. (Syndigate.info). |