RYU Apparel appoints new CFO
by CM Staff
In addition to appointing Lelovic as CFO, the company has issued an aggregate of 7,722,000 options to purchase common shares of the company.
VANCOUVER — RYU Apparel Inc. has appointed Robert Lelovic, CA, CPA as its new chief financial officer.
Lelovic brings two decades of experience building public companies in different industries from Silicon Valley technology companies to the energy sector in the Canadian oil fields and the financial district of Toronto.
During his time as a Senior Manager at PricewaterhouseCoopers, Mr. Lelovic worked on the preparation and review of financial disclosures for publicly traded companies and also the implementation of corporate governance practices and regulatory reporting including prospectuses, both for OSC and SEC clients.
“I’m excited to join the talented and hardworking RYU team. Being a fan of the brand and user of their fantastic products, I am excited to have an opportunity to support the advancement of strategic growth plans, while executing on the financial reporting and control environment that empowers the leadership team to keep doing what they are best at,” said Lelovic in a statement.
In addition to appointing Lelovic as CFO, the company has issued an aggregate of 7,722,000 options to purchase common shares of the company of which, 2,250,000 of the options issued were to directors and or officers of the company. The options vest immediately and are exercisable for a period of 5 years from the date of grant at a price of $0.055 per common share.
