TSXV: DUG
TORONTO, Jan. 10, 2019 /CNW/ - Distinct
Infrastructure Group Inc. ("Distinct" or the "Company") is pleased
to announce the appointment of Mr. John
Nashmi, CPA, CA as Chief Financial Officer of the Company.
Mr. William Nurnberger, who has been
serving as Interim Chief Financial Officer since December 2017, will be stepping down from his
interim position on January 14, 2019
when Mr. Nashmi officially commences his role as Chief Financial
Officer.
Mr. Nashmi has over 25 years of experience in finance and has
held a number of executive financial positions in the
telecommunications, technology, manufacturing and financial
sectors. In addition, Mr. Nashmi brings strong experience in public
company reporting, in both Canada
and the United States. Throughout
his career, Mr. Nashmi has been involved in several large
transactions and is experienced in process driven organizations
operating across North America and
internationally. He is a Chartered Professional Accountant
(CPA, CA) and received his Bachelor of Business Administration from
the Schulich School of Business.
As Chief Financial Officer at Distinct, Mr. Nashmi will be
responsible for ensuring that the Company's finance department will
provide Distinct with the necessary support in its ongoing
objective to maximize operational efficiencies while capitalizing
on the increasing demand for its services. His vast experience with
companies operating internationally has provided him with the
skills necessary to lead and manage the Company's finance teams, to
implement effective and efficient corporate and tax structures and
to provide the information and communication to senior management
and the Board of Directors to ensure the continued success of the
Company.
"We are excited to welcome John to the Distinct team. He will be
an invaluable addition to our senior management team. John brings a
strong background to our finance team from his experience at other
organizations where he was instrumental in providing the financial
strategy and leadership to help those companies achieve their
corporate and financial goals," said Mr. Joe Lanni, Co-Chief Executive Officer of
Distinct. "John's extensive knowledge and experience with public
company reporting and with international companies will allow our
Company to be well positioned to meet its corporate objective of
becoming an industry leader."
"On behalf of our entire team and the Board of Directors, I
would like to thank William
Nurnberger for his dedication and service to Distinct during
his tenure as Interim Chief Financial Officer," stated Alex Agius, Co-Chief Executive Officer of
Distinct. "William filled the void left with the departure of our
previous CFO and has done an excellent job in leading the finance
team. With the appointment of John, William will now resume his
role as Vice President, Corporate Development."
About Distinct Infrastructure Group:
Distinct Infrastructure Group Inc. is a 100% Canadian-owned and
operated firm providing design, engineering, construction and
maintenance services to telecommunication firms, utilities and
governments. Our service offerings include the design, engineering
and delivery of underground and aerial construction, as well as
inventory management and technical services.
Our mission is to be responsive to the current and future needs
of our clients by delivering safe, turnkey solutions that
positively impact the communities in which we live and work. We
work wherever our clients need us, from our bases in Toronto and Winnipeg.
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.
Forward Looking Statements
This news release contains "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 and applicable Canadian securities legislation.
Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as "plans",
"anticipated", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". Distinct is subject to
significant risks and uncertainties which may cause the actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by the forward looking statements contained in this
release. Distinct cannot assure investors that actual results will
be consistent with these forward looking statements and Distinct
assumes no obligation to update or revise the forward looking
statements contained in this release to reflect actual events or
new circumstances.
SOURCE Distinct Infrastructure Group Inc.