Enablence Technologies names Thorsteinson as CEO
APRIL 1, 2010 -- Enablence Technologies Inc. (TSX VENTURE:ENA) has separated the positions of CEO and chairman of the board of directors previously held by Arvind Chhatbar. Effective April 15, 2010, Tim Thorsteinson will become the company’s CEO. Chhatbar will retain the position of chairman.
Thorsteinson will be tasked to enable the development of growth strategies and be responsible for executing those strategies through overall management of company operations. He joined the board of Enablence in November 2009 and assumed the roles of president and COO this past January. He previously was president of the Broadcast Division at Harris Corp.
"This is a natural evolution in the development of Enablence," said Chhatbar. "As companies grow, they must continually evaluate the skill sets required to enhance the business and adjust them accordingly. Tim Thorsteinson, in his three months as chief operating officer of Enablence, has rapidly identified the challenges Enablence faces and initiated the changes required to meet those challenges and elevate our operating performance. Tim brings proven success in the management of growing public companies and, together, we anticipate a bright future for Enablence and its stakeholders."
