Velan Inc., a world-leading manufacturer of industrial valves, is pleased to announce the appointment of Rejean Ostiguy as its new Chief Financial Officer. He will be a key member of the Company’s Senior Management team and is succeeding John Ball, who has been effectively carrying out his mandate as CFO since June 1, 2005. Mr. Ostiguy will report directly to Yves Leduc, CEO, and the Chair of the Audit Committee of Velan Inc.
Rejean Ostiguy, CPA, pursued an impressive career in the finance departments of various industries, namely at Bombardier Recreational Products Inc. and more recently at Knowlton Development Corporation. Since his joining the Company in August 2019, Mr. Ostiguy worked closely with John Ball to transition in his new role. Mr. Ball will continue to support the Company as Executive Vice President, Global Finance, reporting directly to Yves Leduc. Among other responsibilities, he will be focusing his work on the Company’s overseas subsidiaries.
“I am very proud to join the management team at Velan Inc. and thank John Ball for his impeccable transition. I am looking forward to help drive its future success,” said Rejean Ostiguy.
Courtesy of Velan Inc.