TORONTO, Aug. 21, 2017 /CNW/ - Symbility Solutions Inc.
("Symbility" or the "Company") (TSX.V: SY), a global software
company focused on modernizing the insurance industry, today
announced that its Board of Directors has nominated D. Neil McDonnell and Ronan McGrath for election at the upcoming
annual and special meeting of shareholders to be held on
September 14, 2017. Mr. McDonnell and
Mr. McGrath have been nominated for election along with current
directors James Balas, Angela Grinstead, David
Hayes, Richard Hurwitz,
Robert Landry, G. Scott Paterson, James
Swayze and Michael Torok.
Both Mr. McDonnell and Mr. McGrath are independent of
Symbility.
Neil McDonnell is currently chair
of Agreement Express, edp Software, Photon Control and Coligo
Software and is a recognized leader in the Canadian technology
space, serving most recently as chair of QHR Technologies (acquired
by George Westons in 2016), Director of TitanStar Properties and
CEO of Wurldtech Security Technologies (acquired by General
Electric in 2015). Previously, Mr. McDonnell held senior positions
at several British Columbia's most
successful companies, including Chair and CEO TeraSpan Networks,
COO TIR systems (a Royal Philips
company), COO Mobile Data Solutions, and CEO Intrinsyc Software. He
is active as an Executive in Residence for the British Columbia
Technology Industry Association, and was formerly an advisor to the
ICBC board (Transformation Committee) and a director for the
British Columbia Lottery Corporation (2001 – 2011). Mr. McDonnell
holds a Master of Business Administration from the University of British Columbia and a Bachelor of
Commerce from the University of
Toronto.
Mr. McGrath is a former CIO of Rogers Communications Inc., and
President of Rogers Shared Services, Canada's national wireless carrier, and
largest provider of cable services. In that role, he rebuilt the
entire IT infrastructure of the Rogers Group and was responsible
for all call centre and customer operations. He was also
responsible for the team that restructured the alliance between
Rogers and Microsoft in July 1999.
Mr. McGrath was previously CIO of Canadian National Railways,
Canada's largest railroad, and was
responsible for the complete rebuild of CN's IT capability, the
restructuring of the company, and the development of the initial
strategic review of the company's future that led to the
privatization of the company. He was awarded the CIO of the Year
award in Canada in 1995, has
served in the past on the advisory boards of a number of technology
companies, including Compaq Computer and Lotus Development, and is
a frequent public speaker. He is a Past Chair of the Information
Technology Association of Canada
(ITAC). Mr. McGrath is a graduate in Business Administration at
Trinity College, Dublin, and is also a
Chartered Accountant.
Along with Mr. Torok and Mr. McDonnell, Mr. McGrath is a
director of Photon Control Inc.
"Symbility is excited at the opportunity to add Neil McDonnell and Ronan
McGrath to what is already a strong board," said Mr.
G. Scott Paterson, Symbility's
Chairman. "Neil and Ronan will add to the independence of the board
and bring significant M&A experience for the benefit of our
shareholders. If elected, we expect them to immediately contribute
to the success of our company."
In addition, Larry Binnion, a
director since 2009, has informed the Board of his intention to
retire from the Board and to not stand for re-election at the
upcoming meeting. "On behalf of the company and the Board, I'd like
to thank Larry for his years of dedicated service to the Board and
company over the years. Larry played a key role in the significant
growth Symbility has experienced in recent years. We wish him all
the best," said Mr. Paterson.
Additional information regarding the business of the meeting and
the matters to be considered and voted on by the shareholders at
the meeting are included in the management information circular
filed today.
About Symbility
Symbility (TSX.V: SY) believes in creating world-class
experiences that simplify business and improve lives. With a
history in modernizing insurance claims solutions for the property
and health industries, Symbility has established itself as a
partner that puts security, efficiency and customer experience
first. Symbility PROPERTY™ brings smarter thinking to property
insurance. Symbility HEALTH™ helps benefits professionals build
their brands and businesses. Our strategic services team, Symbility
INTERSECT™ empowers a variety of businesses with smarter mobile and
IoT product development strategy, design thinking and engineering
excellence. With our three segments pushing industries forward,
Symbility proves that change for the better is entirely possible.
symbilitysolutions.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
All trade names are the property of their respective owners.
SOURCE Symbility Solutions Inc.