Calian Announces Retirement of Its Chief Financial Officer
OTTAWA -- Calian Group Ltd. (TSX.CGY) announced today that Jacqueline Gauthier has decided to retire from the Chief Financial Officer position effective March 1, 2019. To replace Jacqueline, we are happy to announce that Patrick Houston, CPA has accepted to join Calian effective January 10, 2019. Jacqueline will remain as Calian’s CFO until March 1, 2019 and will then stay with Calian in the role of Senior Vice-President Corporate Development on a part-time basis, reporting to the CEO focusing on transition and files that are critical to the continuing evolution of Calian such as mergers and acquisitions and other special projects.
“It is with mixed feelings that I have decided to retire as the CFO of Calian. After over 17 years and more than half of my career as the CFO and Corporate Secretary of Calian, I now want to turn my attention to other areas of interest and have more time to give back to the community in areas I am passionate about,” stated Jacqueline Gauthier. “I’ve worked under three different CEOs and have navigated through various stages in the evolution of Calian into a very successful diversified company and I’m proud of the legacy I’m leaving behind. The next CFO will inherit a team that enables business evolution based on the principals of high integrity and sound financial principles,” continued Ms. Gauthier.
“On behalf of Calian’s Board of Directors and everyone at Calian, I want to thank Jacqueline for her leadership as Calian’s CFO. She can be proud of her significant contribution to the growth of Calian and the company’s profitable execution throughout her 18-year tenure with the company,” stated Kevin Ford President and CEO. “I have enjoyed working with Jacqueline and I am pleased that I will be able to continue to work with her in her new role focused on further enabling Calian to stay on course with its growth objectives,” continued Ford. “I would also like to welcome Patrick to the Calian team. With his extensive experience and a good transition period in place I am confident that Calian will not miss a beat and continue driving growth throughout the organization,” continued Ford.
Patrick has more than 15 years of experience and an extensive background in financial planning, international operations, mergers & acquisitions, and public markets. He began his career in public accounting with Deloitte, before moving on to DragonWave, a Canadian based high-tech company listed on the Nasdaq and TSX where he held progressive senior positions including Chief Financial Officer. He holds a Bachelor of Commerce from the University of Ottawa and is a Chartered Professional Accountant.
Calian employs over 3,000 people with offices and projects that span Canada, U.S. and international markets. The company's capabilities are diverse with services delivered through two divisions. The Business and Technology Services (BTS) Division is headquartered in Ottawa and includes the provision of business and technology services and solutions to industry, public and government in the health, training, engineering and IT services domains. Calian’s Systems Engineering Division (SED) located in Saskatoon provides the world’s leading space technology companies with innovative solutions for testing, operating and managing their satellite networks. SED provides leading-edge communications products for terrestrial and satellite networks, as well as providing commercial (including agriculture) and defence customers with superior electronics engineering, manufacturing and test services for both private sector and military customers in North America.
Kevin Ford Jacqueline Gauthier
President and Chief Executive Officer Chief Financial Officer