And amendment to company by-law.
AnalytixInsight Announces Management & Board Changes
** TORONTO, ON – January 15, 2024 – AnalytixInsight Inc. (“AnalytixInsight”, or the
“Company”) (TSX-V: ALY), a data analytics and enterprise software solutions
provider, announces today that Prakash Hariharan has resigned as president, chief
executive officer, and chair of the Company, effective January 12, 2024. Mr.
Hariharan will continue to support the Company as a member of its board and will act
as a special advisor 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.
Natalie 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 Natalie
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 (the
“Amendment”) to its By-law 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.
Contact Information:
Natalie Hirsch
Interim CEO
(647) 955-2933
natalie.hirsch@analytixinsight.com
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% interest in MarketWall S.R.L., a developer of
fintech solutions for financial institutions in Italy.