/NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH UNITED STATES WIRE SERVICES/
MARKHAM, ON, Jan. 22, 2019 /CNW/ - Nexia Health Technologies Inc. (TSXV-NGH.H) (the "Company") announced today that Azmin Daya will take over as President and Chief Executive Officer ("CEO") of Nexia Health Technologies Inc. from Sam Chebib effective February 1, 2019.
Sam Chebib, who has been President and CEO of the Company since its inception in 2002, will step down as President and CEO in order to dedicate more time to his other business interests and will continue as Chairman of the Board, an appointment he has maintained since September 2016. Effective February 1, 2019, Sam Chebib will join the Audit Committee replacing Azmin Daya, and will take on the role of Chairman of the Audit Committee.
Azmin Daya is an experienced executive, board advisor and board member with numerous years of C-suite experience, as CEO, COO and CFO of various financial service entities. Mr. Daya is a Chartered Certified Accountant from the UK, a Fellow of the Chartered Certified Accountants Association of the UK, a Certified Management Accountant and Chartered Professional Accountant in Canada and holds a Master of Science degree in Management from Boston University.
"We are fortunate to have someone of Azmin Daya's caliber and experience step up to lead Nexia Health" said Nick Clemenzi, Chief Financial Officer of the Company. "As a member of the Company's board of directors and Chairman of the Audit Committee since September 2016, Azmin has a solid understanding of the Company which will result in a seamless leadership transition."
"On behalf of the Company, I would like to thank Sam for his outstanding leadership contributions to the Company during his tenure as President and Chief Executive Officer", said James Iglesias, member of the Board of Directors of Nexia Health. "I look forward to continue working with both Sam and Azmin.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Nexia Health Technologies Inc.
For further information: Nexia Health Contact: Nexia Health Technologies Inc., Nick Clemenzi, Chief Financial Officer, [email protected], 905-415-3063