TORONTO, Feb. 29,
2024 /CNW/ - Aimia Inc. (TSX: AIM) ("Aimia" or
the "Company") today announced changes designed to optimize
its senior leadership team and strengthen its board governance.
Robert Feingold, a finance and
asset management professional with more than 30 years of industry
and academic experience, has been named to Aimia's Board of
Directors effective immediately.
Mr. Feingold has been a Senior Lecturer of Finance at the
Isenberg School of Management at the University of Massachusetts Amherst since 2016.
Previously, he served in a number of executive roles with asset
management and financial services organizations, including Fleet
Bank, Wellington Management, Triumph Capital Group, and Barings
LLC. Mr. Feingold holds an MBA from the JL Kellogg Graduate School
of Management, Northwestern University
and a Bachelor of Science in Business Administration from
Georgetown University.
Linda Habgood, a director of the
Company since September 2022, has
been appointed Chair of Aimia's Human Resources and Compensation
Committee effective immediately. Ms. Habgood succeeds
Kristen Dickey who has notified the
Board of her resignation effective immediately due to new
professional commitments.
Ms. Habgood is an emerging markets finance specialist with more
than 35 years of experience arranging and closing complex debt and
equity transactions around the world. Ms. Habgood earned her MBA
from the Wharton School at the University of
Pennsylvania and her Bachelor of Arts in International
Political Economy from the College of William
& Mary.
Yannis Skoufalos, a director with
the Company since October 2023, has
been named Chair of Aimia's Governance & Nominating
Committee. Mr. Skoufalos had a distinguished 35-year
international career at Procter & Gamble
(P&G), where he led a vast Supply Network encompassing
procurement, manufacturing, customer service, distribution, quality
assurance, engineering, and innovation program management. Mr.
Skoufalos earned a Master of Science in Food Engineering and a
Bachelor of Science in Chemical Engineering from the University of
Leeds, U.K.
The Company also announced that Suzi
Herbst has resigned as Chief Operating Officer.
"On behalf of the Company, I would like to thank Kristen and
Suzi for their many contributions and extend my best wishes in
their future endeavours," said Tom
Finke, Aimia's Executive Chairman. "I would like also to
welcome Rob to Aimia's board and thank Linda and Yannis for
assuming new responsibilities that will better leverage their
experience and expertise. These changes reflect our commitment to
good corporate governance and transparency. This commitment will
underscore our efforts to strengthen our leadership as we pursue
the search for Aimia's next CEO."
About Aimia
Aimia Inc. (TSX: AIM) is a holding company that makes long-term
investments in private and public businesses through controlling or
minority stakes. Aimia targets companies with durable economic
advantages evidenced by a track record of substantial free cash
flow generation over complete business cycles, strong growth
prospects, and guided by strong, experienced management teams.
Headquartered in Toronto, Canada,
Aimia is positioned to invest in any sector, wherever a suitable
opportunity can be identified worldwide. In addition, we seek
investments that may efficiently utilize the Company's operating
and capital loss carry-forwards to further enhance shareholder
value.
For more information about Aimia, visit www.aimia.com.
Forward-Looking
Statements
This press release contains statements that constitute
"forward-looking information" within the meaning of Canadian
securities laws ("forward-looking statements"), which are
based upon Aimia's current expectations, estimates, projections,
assumptions and beliefs. All information that is not clearly
historical in nature may constitute forward-looking statements.
Forward-looking statements are typically identified by the use of
terms such as "anticipate", "believe", "could", "estimate",
"expect", "intend", "may", "plan", "predict", "project", "will",
"would" and "should", and similar terms and phrases, including
references to assumptions.
Forward-looking statements in this press release include, but
are not limited to, future upside resulting from the Company
executing on its strategy. Forward-looking statements, by their
nature, are based on assumptions and are subject to known and
unknown risks and uncertainties, both general and specific, that
contribute to the possibility that the forward-looking statement
will not occur. The forward-looking statements in this press
release speak only as of the date hereof and reflect several
material factors, expectations and assumptions. Undue reliance
should not be placed on any predictions or forward-looking
statements as these may be affected by, among other things,
changing external events and general uncertainties of the business.
A discussion of the material risks applicable to the Company can be
found in Aimia's current Management's Discussion and Analysis and
Annual Information Form, each of which have been or will be filed
on SEDAR+ and can be accessed at www.sedarplus.ca. Except as
required by applicable securities laws, forward-looking statements
speak only as of the date on which they are made and Aimia
disclaims any intention and assumes no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise.
SOURCE Aimia Inc.