– CANADA, Calgary – DIRTT Environmental Solutions Ltd. (TSX: DRT | NASDAQ: DRTT) an interior construction company that uses proprietary software to design, manufacture and install fully customizable environments, today announced the appointment of Todd Lillibridge as Chair of its Board of Directors, succeeding Steven Parry who plans to retire from the Board next May
Steven Parry said, “For the past decade, I have had the privilege of leading DIRTT’s Board of Directors as we accomplished the Company’s IPO and TSX listing, its NASDAQ listing, the onboarding of CEO Kevin O’Meara and his management team and, most recently, the formation of what I believe is the world-class board of directors now in place.
“Now, with a Board that has an extraordinary and varied set of experiences, encompassing DIRTT’s key healthcare, commercial, education, and government verticals, it is time for us to begin a smooth and thoughtful transition to our next Chair. Todd’s track record as an entrepreneur, pioneer, and CEO in the healthcare real estate market makes him the ideal leader to support Kevin and the management team in the continued execution of DIRTT’s strategic plan, put in place over the past two years.”
“I want to thank Steve for his deep commitment and leadership over the past 10 years; he has left me with big shoes to fill,” said new Board Chair, Todd Lillibridge. “We have assembled a high-powered board of directors to assist management in executing the three key pillars of our strategic plan — product innovation, manufacturing excellence, and commercial execution. It is an honor and privilege to assume the Chair role and I look forward to working with Kevin and his team to maximize the value of the entire enterprise.”
DIRTT President & CEO Kevin O’Meara commented, “On behalf of the entire management team, I first want to thank Steve for his unwavering stewardship and support. Second, I want to enthusiastically welcome Todd, who joined DIRTT’s Board in 2017, on assuming the role of Chair. We believe we have the right people, the right plan, and the right execution to emerge from the pandemic in a position of strength to drive sustained growth, and the Board of Directors and its leadership are a key part of that.
“As we previously stated, we believe the first quarter of 2021 will be the low point of our pandemic-impacted activity levels and revenues in the second quarter will approach or return to the quarterly ranges experienced in the first half of 2020. As we move into the second half of 2021, we are looking forward to showcasing how DIRTT is uniquely positioned to be the leading creator of vibrant, adaptable spaces for the post-pandemic world.”
About DIRTT
DIRTT is a building process powered by technology. DIRTT uses proprietary 3D software to help design, manufacture, and install fully customized interior environments. This same software provides clients with certainty around cost, schedule, and outcome. With modular components and a streamlined construction process, complete interior spaces are constructed faster, cleaner, and more sustainably. The Company works with distribution partners throughout North America.
For more information: https://www.dirtt.com/
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