Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) announced the departure of Mr. Mark McNeil, President and Chief Executive Officer of Lassonde Pappas and Company, Inc. since November 2013. The latter has informed the Company that he wants to pursue other opportunities and will leave office in the coming weeks.
“We would like to thank Mr. McNeil for his contribution to the growth of the Company and wish him the best of success in his future endeavors,” commented the President and Chief Operating Officer of Lassonde Industries Inc. and Chairman of the Board of Lassonde Pappas and Company, Inc., Mr. Jean Gattuso.
As part of this departure, the Company decided to review the organizational structure of the management of its US subsidiary. The current Chief Operating Officer of Lassonde Pappas and Company, Inc., Mr. Seth French, will be appointed President and will assume additional responsibilities under the direction of Mr. Jean Gattuso. Mr. French has been employed by this US subsidiary for 10 years, having held various management positions while Mr. Gattuso has been employed by the Company for more than 30 years.
“We are privileged to have in our ranks a replacement of the caliber of Mr. French. Through his leadership and knowledge of the operations of our US subsidiary, we are confident that he will help ensure the smooth performance of our US operations, “said Mr. Gattuso.