Jack Nathan Health Announces Appointment of Permanent Chief Financial Officer, Mr. Bharat Choudhary
August 28 2023 - 8:30AM
Business Wire
Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF) (“Jack
Nathan Health” or the “Company”) is pleased to announce the
appointment of Mr. Bharat Choudhary as the Company’s new permanent
Chief Financial Officer (CFO).
The Company's board of directors has made the decision to
appoint the new permanent CFO, and conclude the interim CFO
position with Mr. Spence Walker, effective September 22, 2023.
During the interim period, the outgoing Mr. Walker played a
crucial role in steering the Company's financial operations, and
the Company extends its sincere gratitude for Mr. Walker’s
contributions. Mr. Walker’s efforts have been instrumental in
maintaining the Company's financial stability during this period of
transition.
As the newly appointed permanent CFO, Mr. Choudhary brings with
him over 15 years of diverse experience working in highly regulated
industries. He carries with him a wealth of knowledge having led
the Accounting, Finance and Operations functions of private and
publicly traded multinational organizations. Mr. Choudhary is
well-equipped to lead the financial team and contribute to the
strategic growth and success of the new phase of the Company’s
growth with its strategic partnership with Walmart.
"We are thrilled to welcome Mr. Choudhary as our new CFO," said
Dr. Glenn Copeland, Chairman & CEO. "His deep understanding of
the industry and strong financial acumen will be invaluable as we
continue to aggressively scale across Canada & Mexico and drive
our company's growth."
Mr. Choudhary expressed his enthusiasm for joining the team: "I
am honored to join Jack Nathan Health and work with the talented
operations & financial team to further enhance the Company's
financial strategies and contribute to its continued success."
The entire Jack Nathan Health team looks forward to this new
chapter under the leadership of Mr. Choudhary. His appointment
underscores the Company’s commitment to maintaining strong
financial leadership and strategic decision-making.
About Jack Nathan Medical Corp.
Jack Nathan Medical Corp., operating as Jack Nathan Health®, is
one of Canada’s largest healthcare networks. Jack Nathan Health® is
an innovative healthcare company that is improving access for
millions of patients by co-locating physician and ancillary medical
services conveniently located inside Walmart® stores.
Jack Nathan Health® provides an exceptional level of patient
care, made possible through patient-centric physicians, a variety
of medical services, technology, and programs, designed to put
patients first. Our mission is to provide everyone access to the
finest quality retail medical centres, with both in-clinic
physicians and digital telemedicine, so you and your loved ones can
“Live Your Best Life”.
Jack Nathan Health® was established in 2006 and continues to
expand its international footprint, delivering exceptional,
state-of-the-art, turn-key medical centres. In Canada, the Company
has 75 clinics in Walmart locations in British Columbia, Alberta,
Saskatchewan, Manitoba, Ontario, and Quebec. 18 clinics, 3 Rehab
and 5 MedSpa are corporate owned and operated. In Mexico, the
Company has 131 corporate owned and operated clinics in Walmart
locations and 4 Clinics inside Walmart Distribution Centres
servicing Walmart Associates.
For more information, visit www.jacknathanhealth.com or
www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
Cautionary Note Concerning Forward-Looking
Information
Certain statements contained in this press release constitute
"forward-looking information" as such term is defined in applicable
Canadian securities legislation. The words "may", "would", "could",
"should", "potential", "will", "seek", "intend", "plan",
"anticipate", "believe”, “estimate", "expect" and similar
expressions as they relate to the Company are intended to identify
forward-looking information. All statements other than statements
of historical fact may be forward-looking information. Such
statements reflect the Company's current views and intentions with
respect to future events, and current information available to it,
and are subject to certain risks, uncertainties, and assumptions.
Many factors could cause the actual results, performance or
achievements that may be expressed or implied by such
forward-looking information to vary from those described herein
should one or more of these risks or uncertainties materialize.
Such factors include but are not limited to: changes in economic
conditions or financial markets; increases in costs; litigation;
legislative and other judicial, regulatory, political, and
competitive developments; the economic and business impact of
operational difficulties. This list is not exhaustive of the
factors that may affect forward-looking information. These and
other factors should be considered carefully, and readers should
not place undue reliance on such forward-looking information.
Should any factor affect the Company in an unexpected manner or
should assumptions underlying the forward-looking information prove
incorrect, the actual results or events may differ materially from
the results or events predicted. Any such forward-looking
information is expressly qualified in its entirety by this
cautionary statement. Moreover, the Company does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230828877192/en/
For media inquiries or more information:
Jack Nathan Medical Corp., Mike Marchelletta, Vice Chairman,
email: mike@jacknathanhealth.com; phone: (416) 518-1000.
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