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ExelTech Aerospace announces CFO change

ExelTech Aerospace Inc. Venture: announced the resignation of its Chief Financial Officer, Mr. Charles Laflamme.


September 19, 2007
By Carey Fredericks

MONTREAL, May 29 /CNW Telbec/ – ExelTech Aerospace Inc. Venture: a leading provider of maintenance, repair and overhaul services in the aerospace industry, today announced the resignation of its Chief Financial Officer, Mr. Charles Laflamme, effective mid July, 2006, to pursue other opportunities. At that time, Mr. Laflamme will become a consultant to the Company in the areas of financial strategy and analysis. A search is currently underway and the Company expects to appoint a new Chief Financial Officer by mid July, 2006.

Derek Nice, President and CEO of ExelTech said, "We would like to thank Charles for his hard work and achievements during some challenging periods, and for his commitment to working with us in achieving our strategic goals in the future. We are actively seeking out a new CFO who will support us in our drive to achieve industry leadership. Our new CFO will help us manage our rapid organic growth, integrate cutting edge technology throughout our organization and position us to continue our acquisitions and strategic
partnerships. We hope to be able to announce this appointment shortly."