ISC Announces Appointment of Shawn Peters as President & CEO, Effective February 1, 2022
- S&P 500, Dow hit new highs with heavy week of earnings on tap
- Tesla (TSLA) Joins Apple, Amazon, Microsoft, Google in Trillion Dollar Club
- PayPal (PYPL) Stock Soars Over 6% on Confirmation It Won't Acquire Pinterest (PINS) 'At This Time'; PINS Stock Down 11%
- Biggest Single EV Purchase Ever: Tesla (TSLA) Stock Soars as Hertz Orders 100,000 EVs in $4.2 Billion Deal, Analyst Bulled-up
- Oil prices reach multi-year highs on tight supply
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
REGINA, Saskatchewan, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Information Services Corporation’s (TSX: ISV) (“ISC” or the “Company”) Board of Directors (the “Board”) today announced that Jeff Stusek has decided to step down from his role as President & Chief Executive Officer of the Company at the end of January 2022 for personal reasons, having served in the position for 13 years. In connection with this decision, the Board has appointed Shawn Peters, currently Executive Vice President & CFO of ISC as Mr. Stusek’s successor as President & Chief Executive Officer, effective February 1, 2022. Mr. Stusek will be available to ISC in an advisory role to ensure a smooth transition.
Joel Teal, Chair of ISC’s Board of Directors said, “On behalf of the Board, I would like to thank Jeff for his steadfast commitment, as well as recognize the significant contribution he has made during his time with the Company. His calm and determined manner have been synonymous with his leadership, and he has been instrumental in leading the company through a time of transformational change and in creating a highly successful, well-positioned and diversified business.”
Teal commented, “Shawn is a well-rounded and experienced executive with strong strategic acumen who has proven to be an exceptional leader since joining ISC in April 2012. The Board is confident that under his leadership and through his deep familiarity with the Company, ISC will continue to grow in a strategic manner and deliver long-term value to shareholders. On behalf of the Board, I would like to congratulate Shawn on his appointment.”
A process to identify the successor to Mr. Peters as Chief Financial Officer will be undertaken immediately.
About ISC®Headquartered in Canada, ISC is the leading provider of registry and information management services for public data and records. Throughout our history, we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry Operations, Services and Technology Solutions segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISV.
Cautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking information within the meaning of applicable Canadian securities laws including, without limitation, statements related to our growth strategy and anticipated corporate changes. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to implementation of our growth strategy, retention of key employees and other risks detailed from time to time in the filings made by the Company including those detailed in ISC’s Annual Information Form for the year ended December 31, 2020 and ISC’s unaudited Condensed Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the second quarter ended June 30, 2021, copies of which are filed on SEDAR at www.sedar.com.
Investor & Media Contact
Jonathan HackshawSenior Director, Investor Relations & Capital MarketsToll Free: 1-855-341-8363 in North America or email@example.com
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ADMA Biologics Announces Closing of $57.5 Million Public Offering Including Full Exercise of Underwriters’ Option to Purchase Additional Shares
- Heartland Financial USA, Inc. ("HTLF") Reports Quarterly and Year to Date Results as of September 30, 2021
- Delcath Systems Schedules Conference Call to Report 2021 Third Quarter Financial Results
Create E-mail Alert Related CategoriesGlobe Newswire, Press Releases
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!