Explain it
MONTREAL, Sept. 29, 2019 (GLOBE NEWSWIRE) --
PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a .....today the restructuring of its Board of Directors, and the cancellation of the November 21st, Special Meeting of Shareholders previously announced in the press release dated September 23rd, 2019.
Mr. Alan Curleigh, Member and Chair of the Board of Directors and Dr. Christopher Twigge-Molecey, Member of the Board of Directors and Audit Committee have tendered their resignations effective immediately, both of which have been accepted by the Board of Directors.
The Company further announces blah blah blah, and then...
“First and foremost, I want to thank both Alan and Chris for having, at our last annual general meeting, accepted to stay on the Board despite the personal challenges they were facing in their respective lives over the past year. We recognize that they served the Board well during their tenure, played a role in our growth, and we thank them for their resignations. We wish them well in their future endeavors,” said Mr. Pascali. “We strengthened our Board with a view to the future.
And then, 3.36 years later:
MONTREAL, Feb. 08, 2023 (GLOBE NEWSWIRE) --
PyroGenesis Canada Inc. (https://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a TSX30® ........is pleased to announce today that Mr. Alan Curleigh is returning to lead PyroGenesis’ Board of Directors (the “Board”) as Chair, effective immediately. Mr. P. Peter Pascali will step down as Chair of PyroGenesis, and pursue his regular duties as CEO, President and Director of PyroGenesis. The Board now has eight directors, of which 6 are independent directors.
“On behalf of the Board of Directors and myself, I would like to extend a warm welcome to Mr. Curleigh on his return to PyroGenesis. Mr. Curleigh has the deepest respect of PyroGenesis’ management team, most of whom have worked closely with him until his departure as Chair in 2019 after a 9-year tenure. His history with the team will allow for an easy transition of leadership governance,” said Mr. P. Peter Pascali, CEO and President of the Board. “As much as I liked being the Chair, I always looked at it as an interim position as I believe the Chair would be better served by an independent director, and who better than the one who has served us well before. We feel very fortunate that the opportunity arose whereby Mr. Alan Curleigh’s diverse skill set, and extensive international business experience will once again complement our existing leadership. We have no doubt he will be instrumental in our success in pursuing our goal to be the leading innovator and provider of greenhouse gases emission reduction, and energy transition technologies, to heavy industry.”
“I am honored to serve once again as Chair of PyroGenesis’ Board after a short hiatus”, said Mr. Alan Curleigh. “The Company has undergone significant growth with exciting changes, and I could not be more proud to return to the Company. The momentum has clearly been building and the Company has entered an exciting new chapter in its history”