Mr. Rusty Lewis reports
PASQUALE T. (PAT) DEON, SR. JOINS QUARTERHILL'S BOARD OF DIRECTORS
Quarterhill Inc. has appointed Pasquale T. (Pat) Deon to its board of directors.
Mr. Deon brings a wealth of experience in tolling, ITS (intelligent transportation system) and business leadership to Quarterhill. As the former chairman of the Southeastern Pennsylvania Transportation Authority (SEPTA) and current vice-chairman of the Pennsylvania Turnpike Commission, Mr. Deon has played a pivotal role in advancing large-scale transportation initiatives. He is also an accomplished entrepreneur and community leader with extensive business experience in the real estate, energy, hospitality and beverage industries.
"We are thrilled to welcome Pat Deon to Quarterhill's board of directors," said Rusty Lewis, chair of the board at Quarterhill. "Pat's background in transportation, particularly his leadership roles at SEPTA and the Pennsylvania Turnpike Commission, will bring valuable insight to our tolling and enforcement businesses. His entrepreneurial achievements, proven ability to lead large-scale transportation initiatives and deep relationships within the ITS industry make him an ideal addition to the board as we seek to capitalize on opportunities in our market and deliver on our growth potential."
During his 25-year tenure as chair of SEPTA, the nation's sixth-largest public transit system, Mr. Deon led significant expansions and technological innovations, contributing to a billion-dollar capital budget, increasing ridership and maintaining balanced budgets. His leadership also helped secure over $800-million in project financing, earning him recognition along the way, such as the Outstanding Public Transportation Board Member Award from the American Public Transportation Association.
Beyond SEPTA, Mr. Deon has been recognized for his leadership roles on several influential boards, including the Pennsylvania Turnpike Commission, the Delaware River Port Authority, the Greater Philadelphia Chamber of Commerce and the Pennsylvania Convention Center.
Mr. Deon's entrepreneurial achievements are equally noteworthy. As the owner of Progressive Management, his business holdings span diverse industries, including real estate, energy, hospitality and regulated gaming. He is also the executive chairman of SportsContentCo LLC, a data supplier to the sports betting industry, and serves on the board of Independence Health Group, Pennsylvania's largest insurance company.
Mr. Deon's dedication to his community has included support for the Special Olympics, Pennsylvania March of Dimes, the American Red Cross, and other notable organizations and foundations, reflecting his commitment to civic and philanthropic endeavours.
About Quarterhill Inc.
Quarterhill is a leading provider of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The company's goal is technology-driven global leadership in ITS, through organic growth of Quarterhill's tolling and enforcement businesses and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the Toronto Stock Exchange under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF.
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