The new directors add important relevant experience and strength, IMO. I note that Nussey is another Descartes alumnus, now joining up with Mesher again.
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VERSAPAY ANNOUNCES 2018 AGM RESULTS
VersaPay Corp. has released the results of resolutions proposed at its annual general and special meeting of shareholders held on May 28, 2018.
Shareholders elected returning directors, Art Mesher (chairman), Mark Kohler, Sheldon Pollack and Craig O'Neill (chief executive officer), as well as two new directors, Brandon Nussey and David Dobson.
Mr. Nussey
Mr. Nussey has almost 20 years of experience as a technology executive. From 2000 to 2007, he was in a series of roles with increased responsibility at The Descartes Systems Group, ultimately being appointed as the chief financial officer in 2003. He helped lead a turnaround of the business that resulted in significant operational improvement and numerous industry awards. After serving as an executive in residence at Communitech, helping early-stage companies in all aspects of their business, Mr. Nussey joined as chief financial officer and member of the board of directors of D2L Inc. (formerly Desire2Learn), a software-as-a-service-based education technology provider, where he held that role for eight years. He led the company through hypergrowth and drove the company's growth financing of $165-million. Currently, Mr. Nussey is chief financial officer of Lightspeed POfS Inc., a cloud-based point-of-sale solution provider, leading the company's finance, legal, human resources, data and IT (information technology) teams. Mr. Nussey is also treasurer and a board member of the Loran Scholars Foundation, one of Canada's most prestigious scholarship programs, and named one of The Financial Post's top charities in Canada.
Mr. Dobson
Mr. Dobson joined Digital River in February, 2013, as the company's chief executive officer. Digital River currently operates as a private company, being acquired by Siris Capital for $850-million (U.S.) in 2015, representing a more-than-threefold increase in enterprise value. Prior to his current role, Mr. Dobson served as executive vice-president and group executive at CA Technologies Inc. His team had responsibility for a $4-billion (U.S.) P&L. Prior to joining CA Technologies, Mr. Dobson served as president of Pitney Bowes Management Services (PBMS), a $1-billion revenue division of Pitney Bowes Inc. Previously, Mr. Dobson was chief executive officer of Corel Corp., a $300-million global provider of leading software titles, including CorelDraw, WordPerfect and WinZip. During his three years at Corel, the company increased revenue 20 per cent year over year, completed three successful acquisitions and increased profits by more than 30 per cent each year. In 2006, he was instrumental in leading the company's successful initial public offering. During Mr. Donson's leadership at Corel, the company's market value increased more than six times. Before joining Corel in 2005, he spent 19 years at IBM, where he held a number of senior management positions, including corporate vice-president, emerging business opportunities, and general manager, IBM printing systems division. He was a member of IBM's senior leadership team and is a member of the board of directors of John Wiley & Sons.