TORONTO–(BUSINESS THREAD)–Softchoice Corporation (“Softchoice” or the “Company”) (TSX: SFTC) today announced that Bryan Rocco, the Company’s Chief Financial Officer, has decided to step down from his position effective September 9, 2022.
The Company and Softchoice’s Board of Directors (the “Board”) have engaged an executive search firm as part of a formal process to identify the permanent replacement for Mr. Rocco. The Board of Directors has approved the appointment of Yota Skederidis, CPA, Vice President of Financial Reporting and Taxes of Softchoice, as interim CFO, effective from the departure of Mr. Rocco. Mr. Rocco will work with Ms. Skederidis to ensure a smooth transition.
“We are grateful for Bryan’s contributions to Softchoice over the past five years, where he played an important role in helping us prepare and execute our strategic transformation, as well as completing our initial public offering and guiding us through a successful first year as a public. company,” said Vince De Palma, president and CEO of Softchoice. “We wish him continued success as he pursues new interests.”
Mr. De Palma added: “Yota Skederidis’ experience with Softchoice, her industry knowledge and extensive financial background make her well-positioned to serve as interim CFO. Ms. Skederidis joined Softchoice in 2011 and has been promoted to progressively senior roles, most recently in her current role in 2018. We have full confidence in her, along with our highly experienced and capable finance team, and we hope the transition is seamless. .”
“I am very proud of our achievements since joining Softchoice,” said Mr. Rocco. “It has been an honor to work with Vince and the exceptional talent of Softchoice’s leadership team and across the organization. I leave knowing that Softchoice is well-positioned for the future with a strong foundation to execute its strategy of ‘expand its market share in the large and growing IT solutions market and continue to drive strong and scalable growth in the future.’
Softchoice (TSX: SFTC) is a software-focused IT solutions provider that equips organizations to be agile and innovative, and to keep their people engaged, connected and creative at work. That means moving them to the cloud, helping them build the workplace of tomorrow, and enabling them to make smarter decisions about their technology portfolio. By doing these things we help them succeed for their customers and their people. For more information, visit www.softchoice.com.
This press release may contain forward-looking information within the meaning of applicable securities laws, which reflect the Company’s current expectations regarding future events, including the transition of CFO responsibilities, expansion and share growth of the market and the growth of the IT solutions market. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the company’s control. Actual results could differ materially from those projected herein. Unless otherwise indicated or the context otherwise requires, the forward-looking information contained in this press release is provided as of the date of this press release and Softchoice undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.