Decisive Dividend Corporation Announces COO Appointment, Issuance of Equity Incentive Awards, and Timing of Q1 2025 Results Conference Call
Decisive Dividend Corporation Announces COO Appointment, Issuance of Equity Incentive Awards, and Timing of Q1 2025 Results Conference Call |
| [23-April-2025] |
KELOWNA, BC, April 23, 2025 /CNW/ - Decisive Dividend Corporation (TSXV: DE) (the "Corporation" or "Decisive") announced today that effective June 2, 2025, Chris Goodchild has been appointed Chief Operating Officer of the Corporation.
Chris Goodchild is a senior executive with significant experience in manufacturing, having worked in various roles across the globe in his 20-year career at Magna International. Chris most recently served as General Manager of Magna's Autosystems division in Belleville, Ontario. During his time with Magna, his ever-growing roles and responsibilities provided him with a strong background in business development, facilities management, finance, human resources, logistics, maintenance, material planning, operational excellence, purchasing, and quality. Jeff Schellenberg, Chief Executive Officer of Decisive, noted: "We're thrilled to welcome Chris Goodchild to our team. Chris brings significant operational expertise, proven leadership, and a strong track record of scaling, growing, and integrating manufacturing businesses within decentralized structures. His addition is key as we continue to expand both organically and through acquisitions, enhancing operational efficiency and strengthening our approach to diligence and integration. These capabilities align directly with our goal of driving value-creating growth, and we're excited about the meaningful impact Chris will have as we move forward." Chris Goodchild, Chief Operating Officer of Decisive, noted: "Joining Decisive Dividend is a privilege. This is a company with an enviable portfolio of businesses, and a clear commitment to disciplined, long-term value creation. I come from a background of operational playbooks, integration leadership, and global manufacturing execution. My approach will be practical and execution-focused, enhancing what's already working and bringing structure where there's opportunity. Investors can expect a COO who's obsessed with margin discipline, cash generation, and unlocking the full potential of each business we own, without losing the unique DNA that made them attractive in the first place. As we continue to grow through acquisition, I'll be applying that same discipline to ensure any additions to the portfolio are a cultural, strategic, and operational fit. My mission is simple: build strong, autonomous businesses that compound value for customers, employees, and shareholders alike." In addition, the Corporation announced that it has granted 5,000 stock options, pursuant to the Company's third amended and restated equity incentive plan as filed on SEDAR at www.sedarplus.ca, at an exercise price of $6.07 per stock option. The stock options will vest over a 36-month period, with one-third vesting 12 months from the date of grant, one-third vesting 24 months from the date of grant and the remaining one-third vesting 36 months from the date of grant. The Corporation also announced today that it will host a conference call for interested parties on Wednesday, May 7, 2025, at 8:00am Pacific Time (11:00am Eastern Time) to discuss the Corporation's Q1 2025 results. The call will be hosted by Jeff Schellenberg, Decisive's Chief Executive Officer and Rick Torriero, Chief Financial Officer. Decisive intends to release its financial results for the first quarter ended March 31, 2025, after market close on Tuesday, May 6, 2025. The results will be available on SEDAR+ at www.sedarplus.ca and on Decisive's website (www.decisivedividend.com) after dissemination has taken place over the news wire service. Details for those who wish to participate in this conference call are as follows: Conference Call Details: Participant Information: You can also dial direct to be entered into the call by an operator: Replay Information (replay available until May 14, 2025): About Decisive Dividend Corporation Decisive Dividend Corporation is an acquisition-oriented company, focused on opportunities in manufacturing. The Corporation's purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired, and through that, creating sustainable and growing shareholder returns. The Corporation uses a disciplined acquisition strategy to identify already profitable, well-established, high quality manufacturing companies that have a sustainable competitive advantage, a focus on non-discretionary products, steady cash flows, growth potential and established, strong leadership. For more information on Decisive, or to sign up for email notifications of Corporation press releases, please visit www.decisivedividend.com. Cautionary Statements Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Decisive Dividend Corporation | ||
Company Codes: TorontoVE:DE |
