ESI Appoints Career Irrigation Industry Executive To Top Post
15 Diciembre 2010 - 11:00AM
Marketwired
E.S.I. Environmental Sensors Inc. ("ESI" or the "Company") (TSX
VENTURE: ESV), after an exhaustive search and in keeping with
promises made to shareholders at the last Annual General Meeting,
is pleased to announce that Mr. Ingvard Find has joined ESI as its
new President and Chief Executive Officer. Mr. Find will also serve
on the Company's Board of Directors. A seasoned senior level
executive, Mr. Find brings to ESI more than 25 years of business
leadership experience in agricultural irrigation and procurement
development work carried out around the world in more than 100
countries.
Mr. Find is re-locating from Santiago, Chile to Victoria,
BC.
Mr. Find has held positions with major international irrigation
and agriculture companies: Rain Bird International, Lindsay
Manufacturing, Con-Agra Foods, and McCain Foods Limited. Most
recently he was Commercial Director, Latin America for John Deere
Water. His entrepreneurial drive and strategic initiatives in the
areas of new technology and market development have led these top
international companies to significant market growth and expansion.
Mr. Find's business development efforts have created opportunities
for international companies to gain greater access to Latin
American, Asia, Africa, Europe, Australia, and New Zealand markets
through strategic alliances and channel development with domestic
firms.
"I look forward to this new role with ESI and taking the
Company's innovative technology to the international marketplace
through the network of contacts and channels I have developed over
the past two decades. I see significant opportunity for ESI to
leverage its technology on a global scale in a variety of markets
including agricultural and commercial irrigation management, as
well as applications in mining, oil and environmental monitoring,"
said Mr. Find.
Mr. Find has an Agronomy degree from Agricultural College,
Denmark, did graduate studies at the University of Minnesota, St
Paul and at the Richard Ivey School of Business in London,
Ontario.
He speaks several languages including: English, Spanish, and
Danish, and has a strong working knowledge of Portuguese, German
and some French.
Mr. Ian Middleton has stepped down as Acting President & CEO
in order to allow Mr. Find to join ESI in this executive capacity.
Mr. Middleton will continue in the role of Chairman of the Board of
Directors as an independent director.
As part of Mr. Find's compensation package, the Company is
pleased to grant 1.8 million stock options and has also issued
250,000 common shares as a signing incentive. The stock options
will vest over a two year period, and will expire after the third
year. They can be exercised at a price of $0.11 per common share
based on the market's closing price on the date of Mr. Find's hire,
December 1, 2010.
About ESI
ESI is a leading manufacturer of patented and proprietary
solutions for environments where understanding the presence,
movement, and/or amount of water are important. Major market
sectors include: agriculture, golf and turf, scientific research,
civil engineering, mining, environmental monitoring and crude oil
production. ESI solutions have been successfully introduced into
more than 40 countries to enable customers to optimize their
operations by monitoring the presence and movement of water,
managing irrigation systems, and monitoring the integrity of
landfill covers. Most recently, the FloPoint™ instrument has been
introduced to the oil industry to measure the volumetric presence
of water pumped during crude oil extraction for characterization
and optimization of the process. ESI differentiates itself by
translating the best technology and science available into
practical, easy to use solutions. Irrigation managers, reservoir
engineers, and scientists have adopted ESI's products for their
accuracy, ease of use, repeatability, and ability to operate in
challenging environments. ESI is publicly traded on the TSX Venture
Exchange under the symbol "ESV". Further information about ESI may
be obtained through the Company's website at www.esica.com.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts: E.S.I. Environmental Sensors Inc. Investor Relations
250.655.3211 or 1-800.799.6324 investor.relations@esica.com E.S.I.
Environmental Sensors Inc. Media Contact Ian Middleton, Director
250.655.3211 or 1-800.799.6324 imiddleton@esica.com
www.esica.com
E.S.I. Environmental Sensors (TSXV:ESV)
Gráfica de Acción Histórica
De Ago 2024 a Sep 2024
E.S.I. Environmental Sensors (TSXV:ESV)
Gráfica de Acción Histórica
De Sep 2023 a Sep 2024