– USA, FL – Currency Exchange International, Corp. (TSX: CXI | OTCBB: CURN) today announced that its Board of Directors has appointed Stacey Mowbray to serve as a Director of the Company effective October 1, 2019. In addition, she has been appointed as a Director to the Board of Directors for the Company’s wholly-owned subsidiaries, Exchange Bank of Canada and eZforex.com, Inc., effective to the same date.
“Stacey’s leadership in business and community is backed by proven success at every level of her career. She clearly brings impressive marketing acumen with an omnichannel business focus that is a welcomed addition to the Board of Directors”, stated Randolph Pinna, Chairman of the Board of Currency Exchange International, Corp. He added, “The influence and experience she brings will provide comprehensive support for CXI’s bank group going forward.”
About Stacey Mowbray
Ms. Mowbray is an experienced CEO and Board Director with a proven track record of accomplishments. She most recently held the position of President North America with WW International, Inc. and was a key member of the turnaround of the omnichannel health and wellness company. During her tenure from 2014 to 2019, Ms. Mowbray held progressive global positions at WW overseeing Canada, Brazil and the Americas.
Prior to her work at WW, Ms. Mowbray held the position of President and CEO of Second Cup Limited from 2008 to 2014. Second Cup is a publicly-traded company and Canada’s largest franchisor in the specialty coffee industry. She sat on the Second Cup Royalty Income Board from 2007 to 2009. In addition, from 2008 to 2013, Ms. Mowbray was Chair and Board Director for the Coffee Association of Canada.
Ms. Mowbray is currently a Board Director for Spärkel Beverage System, a Board Director for Sleep Country Canada Holdings Inc., a volunteer Board Director and Vice-Chair of the Quality Committee for Trillium Health Partners and an Advisory Board Member at Schulich School of Business – York University. In addition, she has held volunteer Board Director positions at the LCBO, Association of Canadian Advertisers and Kingsway College School.
Over her career, Ms. Mowbray has received numerous recognitions including Diversity Champion, Inaugural CEO in Residence, Top 100 Women’s Executive Network, Top 20 Women’s Post and Outstanding Progress and Achievement Award. She holds an MBA from the Schulich School of Business – York University.
About Currency Exchange International, Corp.
The Company is in the business of providing a range of foreign exchange technology and processing services in North America. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, sale of foreign bank drafts, purchase of international travelers’ cheques, and foreign cheque clearing. Related services include the licensing of proprietary FX software applications delivered on its web-based interface, CEIFX, and licensing retail foreign currency operations to select companies in agreed locations.
The Company’s wholly-owned Canadian subsidiary, Exchange Bank of Canada, based in Toronto, Canada, provides foreign exchange and international payment services to approved financial institutions and corporations in Canada.
For more information: https://www.ceifx.com
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