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INEO Tech (TSXV:INEO) appoints Eugene Syho to board of directors

Market News, Technology
TSXV:INEO
30 December 2022 11:47 (EDT)

Source: Cantech Letter.

INEO Tech (INEO) has named Eugene Syho to its board of directors.

He began to serve as an independent director and member of the audit committee effective December 29, 2022.

Syho has over 25 years of financial management experience across a diversity of industries. He was CFO of multiple businesses ranging from TSX-listed technology companies to privately owned industrial manufacturing companies. These include Army and Navy Group, Syscon Justice Systems and Norsat International.

He is also a Chartered Professional Accountant and holds an Executive Master’s degree in business administration from Simon Fraser University.

The appointment follows the resignation of Serge Gattesco from the INEO board.

“Eugene’s career as an executive overseeing finance, human resources, supply chain and IT functions gives him a wealth of experience and perspective in multiple aspects of the business,” stated Greg Watkin, Chairman and President of INEO. “He brings a new set of skills and a wide range of experience to INEO, which will be a tremendous benefit to the company as we continue to grow larger and expand globally.”

“I am pleased to join the INEO board at such an exciting time when the company is entering its next phase of rapid expansion,” added Syho. “INEO represents a unique opportunity being at the forefront of the retail media space, and I look forward to working with the INEO team to continue to grow the business.”

INEO Tech operates the INEO Media Network, a digital advertising and analytics solution for retailers. INEO’s patented technology integrates and monetizes digital screens with theft detection sensor gates at retail store entrances. The company’s cloud-based platform delivers customized digital advertising to retail locations based on a demographic mix.

INEO Tech (INEO) is unchanged, trading at $0.115 per share as of 11:38 am ET.


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