Enablence Technologies Announces Management Changes Names Microsoft Executive As CEO
Ottawa, Ontario--(Newsfile Corp. - February 28, 2022) - Derek H. Burney, the Chair of Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a supplier of optical components and subsystems, is pleased to announce the appointment of Todd Haugen as Chief Executive Officer of the Company, effective March 21, 2022, subject to the approval of the TSX Venture Exchange ("TSXV"). Ashok Balakrishnan will be returning to his role as Chief Technology Officer of the Company.
For over 19 years at Microsoft, Todd built key network and telco infrastructure with Skype and led a number of innovative releases in Windows and Office. His breadth of experience at Microsoft, Accenture, and several startups will help all aspects of Enablence's business from operations and sales.
Mr. Burney stated, "I am delighted to welcome Todd Haugen as our new CEO and am confident that his strong managerial experience, technological acumen, and dynamic leadership skills will intensify our manufacturing processes and stimulate significant increases in product sales."
Mr. Haugen commented, "The explosion of cloud and devices has made fiber a key to success in many industries and with industry leading technology, Enablence is uniquely positioned to help these industries succeed. I am very excited to join an amazing team to help drive Enablence forward."
About Enablence Technologies Inc.
Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, manufactures and sells optical components, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips. Enablence products serve a global customer base, primarily focused today on data centre and telecommunications infrastructure (namely 5G) end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers.
www.enablence.com
https://www.newsfilecorp.com/release/115072
