Canada based Velan Inc has announced that its current chief financial officer (CFO) Rejean Ostiguy has decided to step down from his position.
Ostiguy has taken up another role at a private company and will serve Velan until Jan 22. The company has now begun its search for its next CFO. John Ball, the company’s former CFO, will assume the position in the interim period.
Velan produces a wide range of cast and forged steel products and has 13 production facilities across the globe with over 1700 employees.