Calian's CEO Stepping Down on February 2, 2005.KANATA, Ontario Kanata is a large suburban area in the western part of Ottawa, Ontario, Canada,it has a population of 90,000 and is growing rapidly. It is located just to the west of the Greenbelt and is one of the largest of several communities that surround central Ottawa. -- Calian Technology Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CTY CTY - /sit'ee/ or /C-T-Y/ [MIT] The terminal physically associated with a computer's system console. The term is a contraction of "Console tty", that is, "Console TeleTYpe". ) one of Canada's leaders in technology services, today announced that Larry O'Brien
Lawrence "Larry" Francis O'Brien, Jr. (July 7 1917 – September 28, 1990) was one of the United States Democratic Party's leading electoral strategists when, for more than two will be retiring from his CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. position effective at the Company's Annual Meeting to be held on February 2, 2005. Ray Basler, currently President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. will become CEO effective February 2, 2005 and will be nominated for election to the Calian board of directors, at the shareholders meeting. Mr. O'Brien will remain as Chairman of the Board of Directors. "As Larry retires and moves on to the role of Chair of the Board, I want to congratulate him on making Calian the highly successful services company it is today," said Mr. Bill Hewson, Calian Lead Director. "He has done an outstanding job and we look forward to his continued contribution to Calian as our full time chairman in this planned succession." Mr. O'Brien founded Calian in 1982 and has overseen the growth of the company since inception. "It has been an honor and privilege to serve the shareholders of Calian and work with the best and brightest management team in our industry," stated Mr. O'Brien. "Ray will be an excellent CEO. The outstanding leadership he has shown over the past four years while we restructured the company has propelled Calian to record levels of profitability and growth. He is well equipped to manage the continued growth of our company and has earned the respect of our employees and customers alike," stated Mr. O'Brien. "Following over 15 years of working with Larry under his superb leadership, I look forward to continuing to work together in our new roles," said Mr. Basler. "The opportunities in front of our company are tremendous. Driven by the strength of our management team and with Larry as Chair, I am confident we will turn these opportunities into continued success for Calian," said Ray Basler. A chartered accountant, educated at the University of Saskatchewan The University of Saskatchewan (U of S) is a coeducational public research university located on the east side of the South Saskatchewan River in Saskatoon, Saskatchewan, Canada. The University is celebrating its centennial year in 2007. , Ray Basler was promoted to President of SED (1) (Stream EDitor) A Unix text editor that processes an entire file. It is the stream-oriented version of ed, an earlier text editor. Sed executes ed commands, but instead of editing one line at a time, sed applies the commands to the whole file. in 1998 and to President & COO of Calian in 2002. About Calian Calian Technology Ltd. (TSX:CTY) sells technology services to industry and government in Canada and around the world. Calian provides customers with ready access to an exceptional team of engineers, telecommunications and technology professionals, and other highly qualified staff. The Business and Technology Services Division augments customer workforces with flexible short and long-term placements, recruitment and outsourcing of engineering and other skilled professionals. The Systems Engineering Division plans, designs and implements solutions for many of the world's space agencies and leading communications satellite manufacturers and operators, as well as providing contract manufacturing services for customers in North America. |
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