Rocky Mountain Dealerships Inc. (“RME“) (TSX:RME), today announced the resignation of its Chief Financial Officer, David Ascott, who is leaving RME effective January 11, 2019, to pursue an opportunity in another industry. Mr. Ascott has served as RME’s CFO since August 2011.
“While this was a difficult decision for me to make, I am very proud of my tenure here at RME,” remarked Mr. Ascott. “I would like to thank the many talented people at RME for the numerous accomplishments we have enjoyed during my time here. I believe RME continues to be well positioned for the future, and I wish each member of the RME family continued success going forward.”
Garrett Ganden, RME’s President & Chief Executive Officer, commented, “On behalf of RME and its Board of Directors, I would like to thank Mr. Ascott for his more than seven years of tireless contributions. He has been instrumental in RME’s growth and maturity during his time here, and we wish him every success in this next stage of his career.”
RME will begin an extensive search both internally and externally for a new CFO immediately, with an announcement on Mr. Ascott’s successor being made in due course.
Caution regarding forward-looking statements
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Certain information set forth in this news release, including, without limitation, statements about RME being well positioned for the future, are forward-looking information within the meaning of applicable Canadian securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond RME’s control. While this forward-looking information is based on information and assumptions that RME’s management believes to be reasonable, there is significant risk that the forward-looking statements will prove not to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause actual future performance and events to differ materially from that expressed in the forward-looking statements. Accordingly, this news release is subject to the disclaimer and qualified by risks and other factors discussed by RME in its MD&A for the quarter ended September 30, 2018, and as discussed in RME’s Annual Information Form dated March 13, 2018 under the heading “Risk Factors.” Except as required by law, RME disclaims any intention or obligation to update or revise forward-looking statements, and further reserves the right to change, at any time, at its sole discretion, its current practice of updating its guidance and outlooks.
About Rocky Mountain Dealerships Inc. (TSX:RME)
RME is Canada’s largest agriculture equipment dealer with branches located throughout Alberta, Saskatchewan, and Manitoba. Through its dealer network, RME sells, rents, and leases new and used agriculture equipment and offers product support and finance to its customers.
Investor and Media Inquiries:
Garrett Ganden, President & CEO
Email inquiries from investors and media may be sent to:
Paradis, Investor Relations