Ms. Natalie Hirsch reports
ANALYTIXINSIGHT ANNOUNCES MANAGEMENT & BOARD CHANGES
Prakash Hariharan has resigned as president, chief executive officer and chair of AnalytixInsight Inc., effective Jan. 12, 2024. Mr. Hariharan will continue to support the company as a member of its board and will act as a special adviser to aid in the management transition.
Vince Kadar, a current director, has been appointed as chair of the board, and Natalie Hirsch, the current chief operating officer, has been appointed as the interim president and chief executive officer.
Ms. Hirsch is an operational leader with significant experience managing complex projects and scaling businesses, teams and processes with over 15 years of work experience in enterprise software and fintech companies. More recently, she served as vice-president of operations for Coinsquare Ltd., one of Canada's largest crypto trading platforms. She also retains an active designation as a chartered professional accountant in Ontario.
"I am excited to step into the role of interim president and CEO," stated Ms. Hirsch. "I look forward to working with both the board and the rest of the team to develop and execute business strategies that capitalize on the company's suite of fintech products and services. I believe that there are a number of interesting opportunities for the company in 2024, and I am excited to work with the team to explore these opportunities while building shareholder value."
In addition, the board of directors of the company approved an amendment to its bylaw No. A-1. Effective immediately, the amendment provides for a majority voting standard in uncontested director elections. The majority voting standard provision provides that where there is only one candidate nominated for each position available on the board, each nominee director must receive a majority of "for" votes to be elected. The company intends to submit the amendment to its shareholders at the next annual meeting of shareholders, at which such shareholders may, by ordinary resolution, confirm, reject or amend the amendment.
About AnalytixInsight Inc.
AnalytixInsight is a data analytics and enterprise software solutions provider. AnalytixInsight develops and markets cloud-based platforms providing financial content, company analysis and stock research solutions to the financial services industry. AnalytixInsight holds a 49-per-cent interest in MarketWall SRL, a developer of fintech solutions for financial institutions in Italy.
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