02:53:24 EDT Tue 14 May 2024
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or Name
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Edge Total Intelligence Inc
Symbol CTRL
Shares Issued 18,993,459
Close 2023-06-12 C$ 1.30
Market Cap C$ 24,691,497
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Edge Total Intelligence appoints Connor CFO

2023-06-12 17:23 ET - News Release

Mr. Jim Barrett reports

EDGE TOTAL INTELLIGENCE APPOINTS NEW CHIEF FINANCIAL OFFICER

Edge Total Intelligence Inc. has appointed Geremy Connor as its new chief financial officer. Mr. Connor replaces Jason James, who started as an interim contract CFO in January, 2021.

Mr. Connor brings more than 20 years senior leadership experience in finance, accounting, business development and strategic planning to EdgeTI. Prior to joining, he held chief executive officer, CFO and chief investment officer roles at investment, real estate, health care and technology companies such as Attalus Capital, the Philadelphia Group and SharpVue Capital which he co-founded. Mr. Connor has an applied baccalaureate in economics from Princeton University and a master of business administration from Harvard Business School.

"On behalf of the board of directors, I am very pleased that we were able to attract Geremy to our company and am looking forward to having him join the management team as we look to address the increasing demand for AI solutions," states Jim Barrett, EdgeTI CEO and chair.

In connection with the appointment of Mr. Connor as chief financial officer, the company has agreed to grant to him 100,000 options exercisable into 100,000 subordinate voting shares of the company for a period of five years at an exercise price per share of $1.40. The options will vest in equal tranches with one-third vesting on the date of grant and one-third vesting on each of the following two anniversaries, all on the terms of the company's stock option plan dated Feb. 1, 2019, as amended and in accordance with the policies of the TSX Venture Exchange. Following the grant of the options, zero subordinate voting shares remain available for reservation under the plan.

About Edge Total Intelligence Inc.

EdgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore, that unites multiple software applications and data sources into one immersive experience. Global enterprises, service providers and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology and cross-domain operations -- helping them achieve the impossible.

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