MDS Gets Ready “For the Next 25 Years”
Ottawa, Nov. 21, 2013 – Kevin Fitzgerald, CEO of MDS, announced today that the company has put in place a management buy-out by key members of the leadership team, which will “position us even more strongly for the next 25 years”.
“Our goal has always been to ensure a seamless leadership transition and with this new ownership structure, MDS will continue to keep our focus on our customers,” said Mr. Fitzgerald, who will continue as CEO for the next 18 to 24 months.
“The leadership team has the experience, the know-how and the determination to ensure the continued growth of the company,” added Mr. Fitzgerald. “I am looking forward to leading MDS through this transition to build an even greater company,”
The leadership team includes:
John Jastremski, Sr. VP, Business Development
Simon Arbuthnot, Chief Operating Officer
Wayne Penney, Chief Financial Officer
“With the combined talents of our many valued employees in Canada, the United States, the United Kingdom and Russia – as well as our continued ownership stake in AneCom AeroTest – I can say with great confidence that our future is brighter than ever,” said Mr. Fitzgerald.
Founded in 1985, MDS is the preeminent supplier of turnkey test facilities, test systems and service solutions for the aviation, industrial, and marine gas turbine engine community. MDS is proud to have been selected as one of Canada’s Best Managed Companies.
For further information:
Sarah Baldwin 613.744.5794 X 2288