ImageWare has further more expanded its Board of Administrators, announcing the appointment of James Sight, powerful April 26, 2021.
A assertion asserting Sight’s appointment highlighted his a few many years of encounter on organization boards across numerous industries together with power, airways, and technological know-how. ImageWare also emphasised his “significant financial and accounting expertise”, noting that he has overseen numerous corporate restructurings and advised on M&A transactions and divestitures.
Sight is also at present a board member for Fiduciary Conclusions Insights and Griffon Company. And he is the founder of Sight Leasing Company, which he grew into a significant lessor of shipping and delivery vehicles for the United States Postal Support.
Supplying her very own commentary on the appointment, ImageWare CEO Kristin Taylor underscored Sight’s “strong money acumen”, including that he has taken a personalized stake in the firm “as a significant latest investor.” ImageWare doubled its total of authorized widespread inventory in late March in a bid to achieve bigger flexibility in its corporate maneuvers, between other aims.
“At our stage of improvement, it is essential that we make sure our funds framework and financial controls stay in purchase,” she claimed. “We seem forward to benefitting from Jim’s wide knowledge and specialised understanding as we proceed our approach of building ImageWare 2. over the up coming 12 months and beyond.”
Sight’s board appointment comes following last month’s appointment of former FBI govt Lauren C. Anderson to the Board of Directors, bringing the overall quantity of board customers to five. The moves are element of a much larger corporate restructuring effort that Taylor has led since her appointment as CEO in early 2020 – a extensive-phrase energy that is finally predicted to outcome in sustained advancement, while Taylor warned in ImageWare’s most the latest corporate update that the company’s financial final results “will go on to fluctuate in the in the vicinity of term”.
April 27, 2021 – by Alex Perala