BluMetric Announces Appointment of Interim CEO
Nov 30, 2017, 17:59 ET
OTTAWA, Nov. 30, 2017 /CNW/ - BluMetric Environmental Inc. (TSXV: BLM) is pleased to announce that it has appointed Mr. Dan Scroggins, currently serving as BluMetric's Senior Vice President, Research & Innovation, as interim CEO of the Company, subject to TSX-V approval. His appointment is effective immediately upon the close of Roger Woeller's term as CEO on November 30, 2017, as previously reported (press release dated 31 October 2017). Roger Woeller will continue to be a director of the Company and assist with succession planning and ongoing search for a permanent CEO (first announced 23 May 2017).
Dan Scroggins has 35 years of experience in the water and wastewater treatment field, having participated in hundreds of projects around the globe, serving for many years in senior client-facing and technology implementation roles. An innovator in his field, he has been involved in almost every aspect of the business, from the formation of several companies to the creation of a national sales organization, the development and introduction of new products to a national market, and the consolidation of several companies into one integrated entity. His management experience includes taking a small entrepreneurial company from its inception to IPO on NASDAQ. At BluMetric, along with his research responsibilities, he was key in streamlining the operation and increasing the profitability of Water Systems by focusing on strengths, reducing costs, and expanding the product offering. Dan has a solid understanding of the industry, exceptional interpersonal skills and a depth of scientific knowledge.
"Through the challenges and changes of the past several years, BluMetric's senior management team has responded consistently, proving itself both strong and capable and well able to support the Company's business," said Jane E. Pagel, BluMetric's Chair. "We are pleased with the appointment of Dan Scroggins as interim CEO and have every confidence in the senior management team to continue to move the Company forward during this transition period. At the same time, the Company is thankful for Roger's past leadership, and fortunate to have his ongoing input and support on the Board as we strengthen the foundation for future growth."
About BluMetric Environmental Inc.
BluMetric Environmental Inc. is a publicly traded cleantech company with a portfolio of industry-leading engineering services and proprietary equipment providing sustainable solutions to environmental challenges. Headquartered in Ottawa, Ontario, BluMetric's award-winning team of industry experts serves clients in Canada, the United States, and Central America.
For more information, visit www.BluMetric.ca.
Some of the statements in this press release, including those relating to the Company's discussions of contractual agreements, future products, opportunities, cost initiatives, strategies, and other statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Company. These statements are not historical facts but instead represent only the Company's expectations, estimates, and projections regarding future events. The Company does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this communication or to reflect the occurrence of unanticipated events, except as required by law.
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.
SOURCE BluMetric Environmental Inc.
For further information: Jane E. Pagel, Board Chair, BluMetric Environmental Inc., Tel: 613.839.3053 x 240, Email: [email protected]; Robin M. Sundstrom, IRonside Investor Relations, Tel: 647.822.8111, Email: [email protected]
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