NOT SO. He is retiring. New guy in the hot seat now. Not a concern.
Laval, Qubec, May 6, 2019 – Savaria Corporation (“Savaria” or the “Corporation”) (TSX: SIS) announces that, after 17 years of collaboration and loyal services, Mr. Jean-Marie Bourassa is stepping down as Chief Financial Officer effective May 22, 2019 after Savaria’s annual shareholders’ meeting and he will remain as member of the Board of Directors of the Corporation. Savaria is pleased to announce the nomination of Mr. Mauro Ferrara as Chief Financial Officer of the Corporation effective accordingly.
“Mr. Ferrara will bring to the Executive team of Savaria his extensive experience acquired during the last 20 years during which he was part of large organizations having a global footprint “, stated Marcel Bourassa, President and CEO of Savaria. “On behalf of the Corporation and on my own, I would like to thank Jean-Marie for all his continued support and loyal services as Chief Financial Officer during all these years”, concluded Mr. Marcel Bourassa.