TORONTO, June 16,
2023 /PRNewswire/ -- Visionary Education Technology
Holdings Group Inc. (the "Company") (NASDAQ:VEDU), a private
education provider located in Canada, with subsidiaries in Canada and market partners in China, today announced changes to the
Company's Board of Directors (the "Board"). Effective June 6, 2023, the Board appointed our founder,
majority shareholder, Executive Director, and Chief Executive
Officer Ms. Fan Zhou as Chairman of
the Board, and appointed Mr. Michael
Viotto as a member of the Board. Mr. Viotto was confirmed as
an independent director by the Board on June
13, 2023.
Ms. Zhou has over 20 years of experience in international
vocational education in Canada and
China. In 2000, she became the
director of China marketing at US
Xintra International Computer Institute ("Xintra") in Toronto, Canada. Between 2001 to 2004, she
became the director of the China
Branch of Xintra in Guangzhou,
China, and later the chair of Guangzhou Xintra Computer Ltd.
and the Principal of Guangzhou Xintra Computer Training School.
From 2005 to 2019, she was the director for the International
Financial Management Association, South China Chapter and the chair
and chief executive officer of China Youth Lang Dun Education
Culture and Technology in Toronto,
Canada, From 2015 to 2019, she served as the marketing
director for the Toronto E-School, now a subsidiary of our Company,
to promote and market the program in China, and served as the director of the
International Commercial Art Designer Association ("ICAD") in
Toronto, Canada, where she managed
the program for ICAD certification. She is the executive chairman
of the Canada-China Economic and Trade Development Policy
Committee, the Chairman of the Board of Directors for the North
American Chinese Culture and Education Exchange Promotion
Association, and, since March 2020,
the Chairman of the Board of Directors for the Canadian Youth
Education Mutual Aid Association. Ms. Zhou is pursuing her
doctorate (PhD Candidate) degree from Jinan University in China. We believe Ms. Zhou will make
contributions to us in the areas of corporate strategies,
financing, and potential mergers and acquisitions.
Mr. Viotto was chosen to serve as a member of the Board due to
his extensive experience in the finance industry, including
business development, risk assessment and management. Mr. Viotto
received his Bachelor of Science Degree in Business Administration
from California Polytechnic University in Pomona, California in 1985. Mr. Viotto has
worked in finance industry for more than 30 years, and has served
as a member of the board for multiple public companies for nearly
15 years.
The Company previously received the resignation of MR.
Marc Kealey from the Board and as
Chairman of the Board, effective as of June
1, 2023.
Ms. Fan Zhou, Chief Executive
Officer and the Chairman of the Board of Directors of the Company,
commented, "I would like to express our great gratitude on behalf
of the Board to Mr. Marc Kealey for
his dedicated services to the Company, and we wish him the best in
his future endeavors. I look forward to bringing my many years of
industry experience to this broader role as we further expand our
business vertically to capture more growth opportunities in the
industry. We also welcome Mr. Michael
Viotto as the new member of the board."
About Visionary Education Technology Holdings Group
Inc.
Visionary Education Technology Holdings Group Inc.,
headquartered in Toronto, Canada,
is a private education provider located in Canada, with subsidiaries in Canada and market partners in China, that offers high-quality education
resources to students around the globe. The Company aims to provide
access to secondary, college, undergraduate and graduate and
vocational education to students in Canada through technological innovation so
that more people can learn, grow and succeed to their full
potential. As a fully integrated provider of educational programs
and services in Canada, the
Company has been serving and will continue to serve both Canadian
and international students. For more information, visit the
Company's website at https://ir.visiongroupca.com/.
Forward-Looking Statements
All statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on the Company's current expectations and projections
about future events that the Company believes may affect its
financial condition, results of operations, business strategy and
financial needs. Investors can identify these forward-looking
statements by words or phrases such as "believes," "expects,"
"anticipates," "estimates," "intends," "would," "continue,"
"should," "may," or similar expressions. The Company undertakes no
obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's registration statement and in its other filings with the
SEC.
For more information, please contact:
Visionary Education Technology Holdings Group Inc.
Investor Relations Department
Email: ir@farvision.ca
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SOURCE Visionary Education Technology Holdings
