The reason for 15% decline in 3 daysResignations filed on Sedar.......
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 15, 2019, Dennis Chookaszian informed the Nominating and Corporate Governance Committee of the Board of Directors (“Board”) of Maxar Technologies Inc. (“Company”) that he does not wish to stand for re-election at the Company’s next annual meeting of stockholders to be held May 8, 2019 (“Annual Meeting”), but instead intends to serve out the rest of his term as a director and retire from the Board effective at the conclusion of the Annual Meeting. Mr. Chookaszian’s decision to retire from the Board did not arise from any disagreement with the Company on any matters relating to the Company’s operations, policies or practices. Mr. Chookaszian serves on the Audit Committee of the Board and as Chair of the Risk Committee of the Board. The Company is grateful for the 15 years of service that Mr. Chookaszian provided to the Company and its predecessors, MacDonald, Dettwiler and Associates Ltd. and Maxar Technologies Ltd. Additionally, on March 15, 2019, Jose A. Torres, Jr., Senior Vice President and Chief Accounting Officer (principal accounting officer) of the Company announced his resignation, effective March 29, 2019, to pursue a chief financial officer role with a private company. Mr. Torres’ decision did not arise from any disagreement with the Company on any matters relating to the Company’s operations, policies or practices. Mr. Biggs C. Porter, 65, the Company’s Chief Financial Officer wil