TORONTO, Feb. 13, 2012 /CNW/ - General Donlee Canada, Inc. ("General Donlee" or the "Company") (TSX: GDI), announced today that Garen Mikirditsian has been appointed Chief Executive Officer and Chief Financial Officer, and Bruce Van Nus has joined the company as Chief Operating Officer.
Garen Mikirditsian's professional career incorporates significant experience in leadership and financial management roles, most recently serving as Interim CEO and Chief Financial Officer of General Donlee. Prior to joining General Donlee in April 2011, Garen was Vice President of a private investment firm and spent three years in the Mergers & Acquisitions group of BMO Capital Markets. He is a graduate of Concordia University's John Molson School of Business where he received a Master of Business Administration degree, and holds a Bachelor of Engineering degree from the Mechanical Engineering Honours Program at McGill University.
"Garen's strong commitment has been a key factor in the Company's success this year," said Ken Laver, Chairman of the Compensation and Corporate Governance Committee of the Company's Board of Directors. "We are confident that under his leadership, General Donlee will continue to achieve sustainable growth and provide quality service to the Company's customers."
Bruce Van Nus, Chief Operating Officer, brings over twenty years of manufacturing experience, including fourteen years with Bombardier Aerospace. Bruce has strong expertise in managing a broad range of process implementation projects. Prior to joining General Donlee, he served as Managing Director of Operations at S.A. Armstrong Ltd, a private company serving the HVAC industry world-wide. Other mandates include President of Dassault Systemes Canada, Executive Director Operations at GE Glegg Water and Vice-President Operations -Q400 at Bombardier Aerospace. Bruce is a graduate of Queen's University where he received Bachelor's and Master's Degrees in Mechanical Engineering. He also has Six Sigma Champion training from Six Sigma Academy.
Commenting on today's announcement, Garen Mikirditsian, the Company's Chief Executive Officer, said: "We are very pleased to welcome Bruce to the team. Operational excellence is vital to providing outstanding service to our customers and achieving our growth targets. Bruce has a proven track record of successfully executing operational improvement plans, and we are confident that with him on board we will achieve our goal of making General Donlee into a world-class enterprise."
As with all forward-looking statements, caution must be exercised to ensure that appropriate interpretation is made. Certain forward-looking statements are based on information currently available to Management, but are subject to a number of uncertainties and risks that could cause actual results to differ materially from the results discussed in the forward-looking statements. These uncertainties and risks include, but are not limited to those listed under the "Risk Factors" section of the Corporation's 2010 Annual Information Form, dated March 25, 2011 (which can be found at www.sedar.com).
For further information: