MONTRAL, Feb. 15, 2022 /CNW Telbec/ - Imaflex Inc. ("Imaflex" or the "Corporation") (TSXV: IFX) announced today that Mr. Mario Settino resigned from its Board of Directors (the "Board") with immediate effect.
Mr. Settino tendered his resignation subsequent to his appointment to the executive team of another company operating in the flexible packaging space. "On behalf of Imaflex and its Board, I would like to thank Mr. Settino for his guidance and service over the years," said Mr. Joe Abbandonato, President and Chief Executive Officer and Chairman of Imaflex.
The Board has six members following Mr. Settino's departure, including four who are deemed independent directors. Imaflex Management intends to nominate a replacement director for election at the Corporation's next annual meeting of shareholders.