Perk Labs Announces Departure of CFO and Appointment of Interim CFO

Rhea-AI Summary

Perk Labs Inc. (OTCQB: PKLBF) announced the departure of Chief Financial Officer Norman Tan, effective May 6, 2022. Tan will assist in transitioning responsibilities to Vanessa Altamirano, the current Controller, who is appointed as interim CFO. Altamirano has been with Perk since 2017, gaining extensive experience in financial roles. CEO Jonathan Hoyles expressed confidence in Altamirano's capability to ensure a smooth transition, thanking Tan for his service. This management change reflects the company's succession planning and talent development strategy.

Positive

• Vanessa Altamirano's promotion to interim CFO reflects internal talent development.
• Altamirano's experience since 2017 positions her well for the CFO role.

Negative

• Departure of CFO Norman Tan raises continuity concerns.

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated February 17, 2021 to its short form base shelf prospectus dated July 17, 2020.

VANCOUVER, BC / ACCESSWIRE / May 6, 2022 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) ("Perk" or the "Company"), the digital franchise company helping businesses transition to the digital economy, announced today that Norman Tan will step down as Chief Financial Officer on May 6, 2022, to pursue other interests, but will remain available to support an orderly handover.

Vanessa Altamirano will assume the role of interim CFO effective upon Mr. Tan's departure. Ms. Altamirano has served in various financial and accounting roles at the Company since 2017, including her current role as the Company's Controller. In line with long-term talent development and succession planning, Ms. Altamirano has received the training and preparation to step into the CFO role.

"I look forward to working with Vanessa in the Interim CFO role and her long tenure and deep knowledge of the Company's finances and accounting will ensure a smooth transition. I'd like to thank Norman for his dedication and support and wish him the best in his future endeavours," said Jonathan Hoyles, Perk's Chief Executive Officer.

About Perk Labs Inc.

Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit www.perkfranchise.com.

For more information contact:
Jonathan Hoyles
CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "may", "believe", "thinks", "expect", "exploring", "expand", "could", "anticipate", "intend", "estimate", "plan", "pursue", "potentially", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company's business strategies and its expectations concerning future operations. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties, and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions, or expectations upon which they are based will occur.

SOURCE: Perk Labs Inc.

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https://www.accesswire.com/700374/Perk-Labs-Announces-Departure-of-CFO-and-Appointment-of-Interim-CFO

FAQ

Who is the new CFO of Perk Labs?

Vanessa Altamirano has been appointed as the interim CFO of Perk Labs effective May 6, 2022.

What led to the CFO's departure at Perk Labs?

Norman Tan stepped down to pursue other interests but will support the transition.

What is the significance of the CFO transition for PKLBF?

The transition is part of Perk's succession planning, ensuring leadership stability.

How experienced is the new interim CFO at Perk Labs?

Vanessa Altamirano has been with Perk Labs since 2017, serving in various financial roles.