Business Services Industry
Inscape Corporation Announces Two Executive Appointments
Business Wire, Jan 17, 2005
HOLLAND LANDING, Ontario -- Madan Bhayana, Executive Chairman of Inscape (TSX:INQ.SV), a leading designer, manufacturer and distributor of office furniture solutions, announced the appointment of Mr. Peter Brunelle to the position of President and Chief Executive Officer effective February 2, 2005 and Mr. Rohit Bhardwaj to the position of Chief Financial Officer effective immediately.
Mr. Brunelle was most recently Vice President East, Herman Miller; a leading U.S. based designer manufacturer and distributor of office furniture. In this position he held profit and loss responsibility for Canada and its largest trade area in the United States encompassing markets in Boston, Washington DC, New York and Philadelphia.
Mr. Brunelle joined Herman Miller Canada as Vice President, Operations in 1997, became its President in 1998 and was promoted to his present position in 2003.Prior to joining Herman Miller, Mr. Brunelle held a senior executive position at Thorn-EMI Canada. Mr. Brunelle's career started with KPMG in 1985.
"We are delighted that our extensive search for a new CEO has resulted in our finding an executive of Peter's calibre and look forward to his joining and leading Inscape", said Mr Bhayana, on behalf of Inscape's Board of Directors.
Mr. Bhardwaj who has been appointed Inscape's new Chief Financial Officer, has been with the Company for over ten years and has held various posts, with the most recent one being Executive Vice President, Operations.Mr. Bhardwaj has two accounting designations from the United Kingdom, (ACCA and CIMA) as well as a CGA.
Mr. Bartley Bull, Inscape's current Chief Financial Officer has decided to pursue other interests.Mr. Bull has been with Inscape since 1986 and remains a significant shareholder and a member of the Board of Directors of Inscape Corporation.
"I would like to thank Bart for his tremendous contributions to Inscape and although I'm saddened by his departure, I'm pleased that he will remain on our Board of Directors and assist in the transition of our new CEO", remarked Mr. Bhayana.
Conference Call
Inscape will host a conference call at 8:30 a.m. on Tuesday, January 18, 2005, to discuss this announcement. To participate, please call 1-800-440-1782.A replay of the conference call will also be available from Tuesday, January 18, 2005 after 10:30 a.m. until midnight on Tuesday, January 25, 2005.To access the rebroadcast, please dial 1-800-558-5253 (Reservation Number 21229506).
About INSCAPE
Inscape Corporation is a leading designer, manufacturer and distributor of high quality office furniture headquartered in Holland Landing, Ontario, Canada. The Company offers a wide array of highly innovative and integrated product solutions that effectively and efficiently landscape modern office interiors, including moveable walls, systems, storage products, seating and ergonomic work tools. Company operations are based across two manufacturing facilities totalling approximately 485,000 square feet.
Visit Inscape at www.inscapesolutions.com.
Inscape Corporation (TSX:INQ.SV)
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