– CANADA, Vancouver – Legible Inc. (CSE: READ | FSE: D0T) today announced the appointment of Shannon Kaustinen to its Board of Directors.
“I am delighted to welcome Shannon to our Board of Directors. Shannon brings a wealth of experience as a public company CFO, corporate controller, and strategic capital markets advisor,” said Co-founder and CEO, Kaleeg Hainsworth.
Legible also announced that Mark Holden, a founding director of Legible is stepping down from his role on the board and taking the position of chair of Legible’s Advisory Committee.
Helina Patience is also stepping down and will continue in her capacity as CFO.
Mr. Gene Kindrachuk and Mr. Ryan Hoult, who were Directors of Twenty20 Investments before the reverse takeover, are also stepping down from Legible’s Board.
“On behalf of the Company I would like to thank Mark and Helina for their continued and unwavering dedication to Legible while on the Board, mainly during Legible’s time as a private company,” said Hainsworth. “I’d also like to thank Gene and Ryan for temporarily serving on our Board after the completion of the reverse takeover of Twenty20 Investments by Legible Media. We wish Ryan and Gene every success in their endeavors”.
Following these changes, Legible’s Board of Directors is now comprised of Mr. Kaleeg Hainsworth, President, CEO, and Founder, Mr. David Van Seters, and Ms. Shannon Kaustinen who will serve as the Chair of Legible’s Audit Committee.
Legible has also commenced a strategic review of its requirements for the recruitment and appointment of additional directors to the Board that will continue to promote high standards of organizational effectiveness and corporate governance while furthering the strategic vision of driving Legible to profitability.
About Shannon Kaustinen
Shannon Kaustinen has spent her entire career working alongside people and companies that stand for more than just a product or service. Shannon currently serves as the CFO for Careteam Technologies Inc. and throughout her career has enjoyed mentoring impact-focused early-stage cleantech companies including Airsset Technologies Inc. through her work with Foresight Canada, Canada’s cleantech accelerator. Shannon oversaw the acquisition of Generac Power Systems Inc, the largest and more complicated technology acquisition in BC (closing within 38 days). Purpose and value-driven companies are Shannon’s passion, and on more than one occasion she has witnessed technology-driven companies that she has helped build, save a life.
“I’m thrilled to be part of Legible’s unique value proposition as a new and dynamic eBook reading and publishing platform, and to participate and contribute to both Legible’s purpose-filled vision and growth strategy,” said Ms. Kaustinen. “I look forward to working with Legible’s Board of Directors and senior management at this exciting and foundational stage in the company’s growth.”
She is metrics and results-driven and holds a Chartered Professional Accounting designation and an Institute of Corporate Directors designation (ICD.D). Shannon also holds a CPA Public License, allowing her to bring an additional perspective to her work with both private and public companies.
About Legible Inc.
Legible Inc. is a book media platform company committed to providing delightful eReading and ePublishing experiences for writers, readers, and Legible consumers that value the immersive entertainment experiences that are accessible through beautifully constructed and dynamic books, provided by a company that promotes sustainability, wide accessibility, and global literacy.
Through its eReading and ePublishing platform, Legible.com, Legible is revolutionizing how readers, publishers, and authors connect. Founded by a team of technologists, authors, eBook publishers, designers, and industry insiders, Legible is building its book media platform to offer readers around the globe access to millions of books on any application or browser.
For more information: https://legible.com/
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