Exco Announces Key Appointment and Retirement

MARKHAM, Ontario, Nov. 07, 2017 (GLOBE NEWSWIRE) — Brian Robbins, President and CEO of Exco Technologies Limited (TSX:XTC) is pleased to announce the appointment of Darren Kirk to the role of Chief Operating Officer (COO) effective January 1, 2018. As COO, Darren will have responsibility for overseeing the company’s day to day activities and advancing its strategic priorities. Darren joined Exco in 2015 as Executive Vice President. Since that time, Darren has been engaged in all aspects of the business and has gained a critical understanding of the key factors that drive Exco’s strong operating and financial performance. Darren joined Exco after spending 14 years with Moody’s Canada Inc., where he was Vice President with lead analytical responsibility for various Canadian industrial sectors. Darren has an MBA degree from the Ivey Business School at Western University and is a CFA charterholder.

This appointment fills the vacancy created by the planned retirement of Paul Riganelli on January 1, 2018 upon which time Paul will continue to serve Exco in an advisory role focusing on legal and compliance matters. Paul has been with Exco since 2004, initially as VP Finance and CFO and since 2013 as COO. “Paul’s multifaceted capabilities have made him an invaluable asset in facilitating Exco’s exceptional global growth over the years”, said Robbins. “We are delighted that Paul has agreed to continue serving Exco beyond his retirement from day to day operations”, added Robbins.

Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.  Through our 17 strategic locations in 8 countries, we employ 6,609 people and service a diverse and broad customer base.

Source: Exco Technologies Limited (TSX-XTC)

For further information:

Contact: Darren Kirk, Executive Vice President
Telephone:     (905) 477-3065 Ext. 7233