April 17, 2017 / 8:19 PM / in a year

BRIEF-Wi-Lan names CFO Shaun Mcewan, interim CEO

April 17 (Reuters) - Wi-Lan Inc

* Wi-Lan announces corporate developments and new growth strategy

* Wi-Lan Inc - James Skippen, president & ceo, will become executive chairman

* Paul Mccarten, chairman of board of directors will become independent lead director

* Wi-Lan Inc - Wi-Lan will change its name to quarterhill inc on or about june 1, 2017

* Wi-Lan Inc- steve thompson, vp finance will become interim cfo

* Wi-Lan Inc - effective immediately Shaun Mcewan, cfo, will become interim ceo

* Wi-Lan Inc- board of directors has begun search for a full-time ceo

* Wi-Lan Inc says acquired businesses will operate independently as subsidiaries of quarterhill

* Wi-Lan - quarterhill’s growth strategy will focus on acquiring technology companies in industrial internet of things segment across multiple verticals

* Wi-Lan Inc- Wi-Lan will continue as a key subsidiary of quarterhill focusing on patent licensing

* Wi-Lan Inc - following change of its name to quarterhill, wilan will continue intellectual property licensing business as a subsidiary of quarterhill

* Wi-Lan Inc- at December 31, 2016, company had $107.7 million in cash and cash equivalents and no debt Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below