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Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions include congestion charging, performance management, insights & analytics, analytics, toll interoperability, mobility marketplace, maintenance, e-screening, tire anomaly detection, multi-modal data, intersection management, and others. Its tolling includes roadside technologies, commerce and mobility platforms, audit and enforcement, and tolling services. Its safety and enforcement comprise commercial vehicles, automated enforcement, freight mobility, smart transportation, and data solutions. The Company’s wholly owned subsidiary is International Road Dynamics Inc.


TSX:QTRH - Post by User

Post by 100millon Mar 22, 2023 10:15am
548 Views
Post# 35353418

Reason for Brett Kidd's departure

Reason for Brett Kidd's departureJohn Gillberry stated that speed of integrating ITS units and resulting cost savings reductions did not match board's expectations and so changes needed to be made. John did not specifically say that this was was the reason for Brett Kidd's departure but it was clearly implied.

John highlighted a couple of things in relation to Brett Kidd departure:
1) Quarterhill remains committed to the ITS sector and is a big believer in the sector.
2) Senior management in the Quarterhill divisions remain in place and committed to the Quarterhill vision.
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