Transoft Solutions Announces New CEO and Other Leadership Updates
Executive level changes to bolster global operations for the transportation software company
RICHMOND, British Columbia, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Transoft Solutions, developers of productivity-enhancing software and services for aviation, civil infrastructure, transportation and traffic safety industries, announced the promotion of Daniel Shihundu to CEO, along with a number of executive level changes effective January 2023.
With this appointment, Mr. Shihundu will assume the leadership of Transoft Solutions' global business operations with a focus on growth, building high-performing teams, and driving technical innovation to better serve our clients.
Mr. Shihundu joined Transoft Solutions in 2007 as Senior Civil Engineer and oversaw the forming of Transoft's first Product Management team. He has held progressively senior roles, including Senior Vice President of Civil & Transportation before being appointed to President in 2021.
Milton Carrasco will be stepping back from his role as CEO into the position of Chair, board of directors. As co-founder of Transoft, Mr. Carrasco led the company from a Richmond-based business to become a top transportation software company with a global presence and an impressive product portfolio spanning aviation, civil & transportation, and traffic safety industries. The company originated in 1991 when Mr. Carrasco launched its first product, AutoTURN, which was borne from his master's thesis "Computerized Vehicle-Turning Simulation: An Interactive Application".
"I have every confidence that Daniel will be successful in carrying the torch as Transoft's CEO and ensuring the company's continued growth and success, given his years of embracing the Transoft culture, his sound leadership and methodical approach." said Mr. Carrasco. "I look forward to seeing Transoft continue to evolve and grow under his leadership."
New Leadership Appointments to Bolster Operations
Ben van Leest has been promoted from Senior Vice President, Aviation to Executive Vice President, Business Units. He will oversee all three business units, including Aviation, Civil & Transportation, and Traffic Safety. Mr. van Leest joined Transoft Solutions when Simtra was acquired in 2014. Throughout his career with Transoft, he has led key acquisitions and the development of our Aviation software offerings and enhancing our existing portfolio.
Peter McIntyre has been promoted from Senior Vice President, APAC to Executive Vice President, Sales & Marketing and will now oversee Corporate and Digital Marketing, as well as the Regional Sales & Marketing teams. Mr. McIntyre joined Transoft in 2006 and is an accomplished leader and industry veteran with nearly 20 years of sales, marketing and operations experience in software.
"I look forward to working alongside Transoft's talented and dedicated leadership team to continue our mission to build the most trusted, innovative, and intelligent transportation software and provide outstanding service for our users," said Mr. Shihundu. "These important organizational changes will result in better collaboration and greater accountability for decisions within the company. Together, we will keep moving forward with sustainable growth that benefits stakeholders and the regions in which we operate - all while staying true to our core company values, such as respect, collaboration, professionalism, and compassion."
About Transoft Solutions
Transoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modeling, and design solutions are used in over 150 countries serving more than 50,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, Spain, and China. For more information on Transoft's range of aviation, civil design, and traffic safety solutions, visit transoftsolutions.com
Contact Information:
Jeannine Sheares
Corporate Marketing Director
j.sheares@transoftsolutions.com
16043966472
Related Images
To view this piece of content from cdn.newswire.com, please give your consent at the top of this page.
Image 1: Ben van Leest & Peter McIntyre
Ben van Leest & Peter McIntyre were promoted to bolster global operations at Transoft
To view this piece of content from cdn.newswire.com, please give your consent at the top of this page.
Image 2: Daniel Shihundu, Ben van Leest & Peter McIntyre
Daniel Shihundu, Ben van Leest & Peter McIntyre in new leadership roles at Transoft Solutions to bolster global operations
To view this piece of content from cdn.newswire.com, please give your consent at the top of this page.
Image 3: Daniel Shihundu and Milton Carrasco
Long-time Transoft Solutions CEO & founder Milton Carrasco steps down and welcomes Daniel Shihundu to helm the organization
This content was issued through the press release distribution service at Newswire.com.
Attachment
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
EPH European Property Holdings PLC announces 2023 Year-End Result26.4.2024 23:55:00 CEST | Press release
26 April 2024, Limassol, Cyprus / Ad hoc announcement pursuant to Art. 53 LR BUSINESS HIGHLIGHTS 2023 Despite the challenging market environment, EPH European Property Holdings PLC (“EPH” or the “Company”) maintained operational stability in 2023. This success can be attributed to its established portfolio of high-quality properties in prime locations in Europe, and professional asset management. As a result, EPH once again achieved almost full occupancy throughout its European portfolio, and exceeded own expectations by increasing net rental income by 26 percent compared to the previous year.As of 31 December 2023, EPH’s real estate portfolio consisted of eight core assets (and one parking garage) in outstanding locations in Germany and Vienna, all of which meet high sustainability standards. Seven out of eight office and hotel buildings have already been awarded certificates in DGNB Platinum, DGNB Gold, or LEED Gold.A milestone in the operating business was the completion of the LASS
FRO – Filing of Annual Report26.4.2024 22:36:43 CEST | Press release
Frontline plc (the “Company”) announces the filing of its annual report for the year ended December 31, 2023. The annual report can be downloaded from the Company’s website www.frontlineplc.cy or from the link below. Additionally, shareholders can request a hard copy of our complete audited financial statements free of charge by writing to us at: John Kennedy 8 Iris Building, 7th floor, Flat/Office 740B, 3106, Limassol, Cyprus. or sending an e-mail to ir@frontmgt.no April 26, 2024 Frontline plc Limassol, Cyprus. Questions should be directed to: Lars H. Barstad: Chief Executive Officer, Frontline Management AS +47 23 11 40 00 Inger M. Klemp: Chief Financial Officer, Frontline Management AS +47 23 11 40 00 This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. Attachments 5493004BCIKYU1YL3H63-2023-12-31-enAnnual Report 2023
Kallelse till årsstämma 2024 i Fingerprint Cards AB (publ)26.4.2024 22:16:32 CEST | Pressemelding
Aktieägarna i Fingerprint Cards AB (publ), org. nr. 556154-2381 (”Bolaget” eller ”Fingerprint”), kallas härmed till årsstämma klockan 15.00 tisdagen den 28 maj 2024 på GT30 (mötesrum ”Bond”), Grev Turegatan 30 i Stockholm. Styrelsen har, i enlighet med Bolagets bolagsordning, beslutat att aktieägarna före årsstämman ska ha möjlighet att utöva sin rösträtt genom poströstning. Aktieägare kan därmed välja att utöva sin rösträtt vid stämman personligen, genom ombud eller genom poströstning. A. Rätt att delta på stämman Aktieägare som önskar delta vid årsstämman ska: vara införd i den av Euroclear Sweden AB förda aktieboken måndagen den 20 maj 2024, och anmäla sin avsikt att delta vid stämman till Bolaget i enlighet med anvisningarna under avsnitt ”B. Anmälan för deltagande personligen eller genom ombud” senast onsdagen den 22 maj 2024, eller avge en poströst i enlighet med anvisningarna under rubriken ”C.Anvisningar för poströstning” senast onsdagen den 22 maj 2024. För att ha rätt att del
Notice to attend the 2024 Annual General Meeting of Fingerprint Cards AB (publ)26.4.2024 22:16:32 CEST | Press release
The shareholders of Fingerprint Cards AB (publ), Corp. Reg. No. 556154-2381 (hereinafter referred to as the “Company” or “Fingerprint”)), are hereby invited to attend the Annual General Meeting (“AGM” or the “Meeting”) to be held at 3:00 p.m. on Tuesday, May 28, 2024, at GT30 (meeting room “Bond”), Grev Turegatan 30 in Stockholm. The Board of Directors has decided, pursuant to the Company’s articles of association, that shareholders shall also have the right to exercise their voting rights by postal voting. Shareholders may therefore choose to exercise their voting rights at the Meeting by attending in person, through a proxy or by postal voting. A. Right to participate in the Meeting In order to participate in the Meeting, a shareholder shall: be registered in the register of shareholders maintained by Euroclear Sweden AB as of Monday, May 20, 2024, and give notice of attendance at the Meeting to the Company in accordance with the instructions set out in the section “B. Notice of atte
Fingerprints announces partially guaranteed rights issue of up to approximately SEK 310 million, agreement on early redemption of its convertible bonds, bridge loan of SEK 60 million and preliminary financial information for Q1 202426.4.2024 22:00:00 CEST | Press release
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, BELARUS, HONG KONG, JAPAN, CANADA, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL. PLEASE SEE "IMPORTANT INFORMATION" AT THE END OF THIS PRESS RELEASE. The Board of Directors of Fingerprint Cards AB ("Fingerprints" or the "Company") has resolved on a partially guaranteed issue of new shares of series B (“B-shares”) of up to approximately SEK 310 million with preferential rights for its existing shareholders, subject to subsequent approval from the annual general meeting in the Company to be held on 28 May 2024 (the “Rights Issue”). The Rights Issue is subject to subscription undertakings and guarantee commitments in a total amount of up to SEK 275 million. The Board of Directors of Fingerprints has also entered into an agreement with an entity managed by