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| Image Source: Dean Bicknell , Calgary Herald |
| Nancy Knowlton, co-founder, president and chief executive, and David Martin, co-founder and executive chairman of SMART Technologies announced they are leaving their executive management roles as of Monday. SMART Technologies is the world's biggest supplier of interactive whiteboards. |
Nancy Knowlton, co-founder, president and chief executive, and David Martin, co-founder and executive chairman, are leaving their executive management roles as of Monday.
Martin is the creator of the SMART Board interactive whiteboard and the named inventor with respect to numerous patents. He has received many awards for his contributions to the industry, including the Alberta Centennial Medal for High-Tech Innovation and the Canadian Advanced Technology Alliance Award for Private Sector and Leadership in Advanced Technology.
Tom Hodson, the company’s current chief operating officer, will be interim president and chief executive.
Knowlton will continue to sit on the board of directors in the new role of vice-chair and Martin will continue as chairman of the company.
“Their significant shareholding in the company will not change as a result of the change in their roles,” said SMART in a news release.
Knowlton and Martin, who are married, co-founded SMART in 1987 and both have served in their current positions since June 2007.
“It has been a very fulfilling experience to found and lead a company that has changed the way that people work and learn,” said Knowlton, in a statement. “It is with a great deal of pride and optimism about SMART’S future opportunities in both the business market and new education markets that Dave and I are preparing to leave the company in the capable hands of the management team and dedicated staff at all levels.”
The company said the board plans to conduct a comprehensive search to select the next president and chief executive, considering both internal and external candidates, and is engaging an executive search firm to assist with this process. It expects to fill the position later this year.
SMART Technologies Inc. is a leading provider of collaboration solutions as the global leader in interactive whiteboards.
SOURCE Calgary Herald
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