Unique Logistics International, Inc. Appoints Chief Financial Officer
Unique Logistics International, Inc. (UNQL) announces the appointment of Eli Kay as Chief Financial Officer, effective immediately. With over 25 years of experience in finance and leadership roles, Mr. Kay will oversee all financial management and SEC compliance. His prior experience includes serving as CFO for Transit Wireless and JFKIAT, where he managed significant projects. CEO Sunandan Ray expresses confidence in Mr. Kay's ability to advance the company's strategic goals, including growth through acquisitions.
- Eli Kay brings over 25 years of financial experience, potentially enhancing corporate governance.
- His leadership can assist in achieving growth through acquisition targets.
- Concerns may arise regarding continuity due to a leadership change in a key financial position.
- Potential experience gaps could impact the execution of ongoing projects.
NEW YORK, April 26, 2021 /PRNewswire/ -- Unique Logistics International, Inc. (UNQL) (the "Company"), a global logistics and freight forwarding company, is pleased to announce that Eli Kay has been named as Chief Financial Officer, effective immediately.
An experienced financial manager, Mr. Kay joined the Company in February and brings more than 25 years of both domestic and international talent including accounting, corporate finance, auditing and M&A. He is responsible for all aspects of financial management including required SEC reporting and compliance. His strong leadership will assist in achieving the Company's goals, including growth through acquisition targets.
"We remain committed to our strategic plan. Eli's contributions to the team are enormous", said Sunandan Ray, CEO of Unique Logistics International. "We are excited to have him focus on some important initiatives for the Company and its shareholders."
Prior to joining the Company, Mr. Kay served as a CFO for Transit Wireless LLC, an exclusive provider of wireless infrastructure in the New York City Subway. Before that, he served as a CFO at JFKIAT, a joint venture between Delta Airlines and Royal Schiphol Group created with purpose of building and managing Terminal 4 at JF Kennedy International Airport where he was leading a multibillion-dollar airport redevelopment bid with the PANYNJ and many other projects. After graduating from the University of Oregon with a degree in accounting, Eli spent over 10 years in public accounting with Moss Adams LLC and PricewaterhouseCoopers LLC servicing many SEC and private clients in a variety of industries. Eli holds an Executive MBA from the University of Oregon and is a licensed CPA.
ABOUT UNIQUE LOGISTICS, INC.
Unique Logistics International, Inc. (OTC: UNQL) through its wholly owned operating subsidiaries, is a global logistics and freight forwarding company providing a range of international logistics services that enable its customers to outsource to the Company sections of their supply chain process. The services provided are seamlessly managed by its network of trained employees and integrated information systems. We enable our customers to share data regarding their international vendors and purchase orders with us, execute the flow of goods and information under their operating instructions, provide visibility to the flow of goods from factory to distribution center or store and when required, update their inventory records.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects -- both business and financial. While we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Unique Logistics International, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.
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SOURCE Unique Logistics International, Inc.
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