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Sierra Wireless Announces Planned Retirement of Dave McLennan, Chief Financial Officer in mid-2020
Monday, December 9, 2019Company Profile | Careers | Follow Company
Richmond, BC, December 9, 2019--(T-Net)--Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy, today announced that after 16 years of dedicated service as Chief Financial Officer (CFO), Dave McLennan has decided it is time to retire.
By providing a lengthy notice period, Dave will be assisting in the Company's transition to a new Chief Financial Officer.
The Company has engaged a global executive search firm and a formal process has commenced to recruit a replacement. The Company expects to complete the transition by the middle of 2020.
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Sierra Wireless (NASDAQ: SWIR) (TSX: SW) is the leading IoT solutions provider that combines devices, network services and software to unlock value in the connected economy. Companies globally are adopting IoT to improve operational efficiency, create better customer experiences, improve their business models and create new revenue streams. Whether it is an integrated solution to help a business securely connect edge devices to the cloud, or a software/API service to help manage processes associated with billions of connected assets, or a platform to extract real-time data to make the best business decisions, Sierra Wireless will work with you to develop the right industry-specific solution for your next IoT endeavor. Sierra Wireless has more than 1,300 employees globally and operates R&D centers in North America, Europe and Asia. For more information, visit www.sierrawireless.com.
This press release contains forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, plans and timing regarding the Company's CFO transition, and other expectations, intentions, and plans contained in this press release that are not historical fact. When used in this press release, the words "plan", "expect", "believe", and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, the availability of qualified candidates and changing market conditions. In light of the many risks and uncertainties surrounding the wireless data communications market, you should understand that we cannot assure you that the forward-looking statements contained in this press release will be realized.
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Richmond, BC (Wireless)
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