He remains executive director.
Mr. Levami, 65, was appointed on February 22, 2009. As CEO, he was responsible for the Company’s day-to-day business according to the policies set by the Board and subject to the Board's directives, and worked with the Board on strategic planning, business development and generally charted the growth of the Company.
A CEO succession was deemed necessary due to Mr. Levami’s age and personal considerations.
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