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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

Comment by cabbieJBJon Aug 22, 2023 10:10am
106 Views
Post# 35599677

RE:RE:Brett kidd

RE:RE:Brett kiddI agree with Socrates's characterization of Brett Kidd.  Promised efficiencies and synergies - and hence profitability -  never materialized under Brett Kidd.  That was the reason for the CEO change.  While I have my opinions on the matter, I'll leave it to others to speculate on a planned install theory; however, I will say and also remind the board that it seems that the contracts that have proven so unprofitable and difficult to manage were ones that were initiated prior to the acquisition by QTRH.  In that sense, there was also a failure of due diligence.

CEO searches typically can run 6 - 12 months, sometimes more.  Complicating the search is the fact that viable candidates may be in year-end bonus windows in their current positions.  Nevertheless, I agree that it is imperative that the new CEO has market-recognized ITS chops and credibility.  The current bench strength on the BoD allows QTRH the time to get the CEO selection very right.
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