Lightspeed Commerce Appoints Glen LeBlanc to Board of Directors
Lightspeed Commerce (NYSE:LSPD) has announced the appointment of Glen LeBlanc to its Board of Directors, effective July 1, 2025. LeBlanc brings over 30 years of financial and accounting leadership experience in the telecommunications and technology industries, currently serving as Vice Chair, Atlantic Canada at BCE Inc.
The appointment comes as part of Lightspeed's ongoing three-year strategy and transformation journey. Simultaneously, the company announced that Paul McFeeters will not seek re-election at the July 31, 2025 shareholders meeting. LeBlanc will join the Audit Committee and Risk Committee, and subject to election, will succeed McFeeters as Chair of the Audit Committee.
Lightspeed Commerce (NYSE:LSPD) ha annunciato la nomina di Glen LeBlanc nel suo Consiglio di Amministrazione, con effetto dal 1° luglio 2025. LeBlanc vanta oltre 30 anni di esperienza nella leadership finanziaria e contabile nei settori delle telecomunicazioni e della tecnologia, ricoprendo attualmente il ruolo di Vice Presidente Atlantico Canada presso BCE Inc.
La nomina fa parte della strategia triennale e del percorso di trasformazione in corso di Lightspeed. Contestualmente, la società ha comunicato che Paul McFeeters non si ricandiderà all'assemblea degli azionisti del 31 luglio 2025. LeBlanc entrerà a far parte del Comitato di Revisione e del Comitato dei Rischi e, previa elezione, succederà a McFeeters come Presidente del Comitato di Revisione.
Lightspeed Commerce (NYSE:LSPD) ha anunciado el nombramiento de Glen LeBlanc en su Junta Directiva, con efecto a partir del 1 de julio de 2025. LeBlanc aporta más de 30 años de experiencia en liderazgo financiero y contable en las industrias de telecomunicaciones y tecnología, desempeñándose actualmente como Vicepresidente para Atlantic Canada en BCE Inc.
El nombramiento forma parte de la estrategia y transformación de tres años en curso de Lightspeed. Al mismo tiempo, la compañía anunció que Paul McFeeters no buscará la reelección en la reunión de accionistas del 31 de julio de 2025. LeBlanc se unirá al Comité de Auditoría y al Comité de Riesgos y, sujeto a elección, sucederá a McFeeters como presidente del Comité de Auditoría.
Lightspeed Commerce (NYSE:LSPD)는 2025년 7월 1일부로 Glen LeBlanc을 이사회 이사로 임명했다고 발표했습니다. LeBlanc은 통신 및 기술 산업에서 30년 이상의 재무 및 회계 리더십 경험을 보유하고 있으며, 현재 BCE Inc.의 Atlantic Canada 부회장으로 재직 중입니다.
이번 임명은 Lightspeed의 3년간 전략 및 변혁 여정의 일환입니다. 동시에 회사는 Paul McFeeters가 2025년 7월 31일 주주총회에서 재선에 도전하지 않을 것이라고 발표했습니다. LeBlanc은 감사위원회와 위험관리위원회에 합류하며, 선출될 경우 감사위원회 위원장으로 McFeeters를 이어받게 됩니다.
Lightspeed Commerce (NYSE:LSPD) a annoncé la nomination de Glen LeBlanc à son conseil d'administration, effective au 1er juillet 2025. LeBlanc apporte plus de 30 ans d'expérience en leadership financier et comptable dans les secteurs des télécommunications et de la technologie, occupant actuellement le poste de Vice-président pour l'Atlantique canadien chez BCE Inc.
Cette nomination s'inscrit dans le cadre de la stratégie et du parcours de transformation triennal en cours de Lightspeed. Parallèlement, la société a annoncé que Paul McFeeters ne sollicitera pas sa réélection lors de l'assemblée générale des actionnaires du 31 juillet 2025. LeBlanc rejoindra le comité d'audit et le comité des risques et, sous réserve d'élection, succédera à McFeeters en tant que président du comité d'audit.
Lightspeed Commerce (NYSE:LSPD) hat die Ernennung von Glen LeBlanc in seinen Vorstand bekannt gegeben, wirksam ab dem 1. Juli 2025. LeBlanc bringt über 30 Jahre Erfahrung in Finanz- und Rechnungswesenführung in den Telekommunikations- und Technologiebranchen mit und ist derzeit als Vice Chair für Atlantic Canada bei BCE Inc. tätig.
Die Ernennung erfolgt im Rahmen der laufenden dreijährigen Strategie- und Transformationsreise von Lightspeed. Gleichzeitig gab das Unternehmen bekannt, dass Paul McFeeters bei der Hauptversammlung am 31. Juli 2025 nicht zur Wiederwahl antreten wird. LeBlanc wird dem Prüfungs- und Risikoausschuss beitreten und, sofern gewählt, McFeeters als Vorsitzender des Prüfungsausschusses nachfolgen.
- Addition of seasoned financial executive with 30+ years of experience in tech and telecom sectors
- Strengthening of Board's financial oversight with appointment to Audit and Risk committees
- Strategic alignment with company's transformation and growth initiatives
- Loss of experienced board member Paul McFeeters who served as Audit Committee Chair
Mr.
"As an organization, Lightspeed has an incredibly impressive track record of disciplined growth, innovation and industry leading product development," said Glen LeBlanc. "I'm looking forward to adding my perspective to an already well established Board of Directors to help Lightspeed achieve its full potential under its new exciting plan."
"We're thrilled to welcome Glen to the Lightspeed Board," said Dax Dasilva, Founder and CEO of Lightspeed. "Glen's experience at the forefront of
"Glen's financial expertise and disciplined approach will strengthen our Board's ability to steward Lightspeed's transformation and long-term success," said Manon Brouillette, Executive Chair of Lightspeed's Board. "His proven leadership in driving growth and managing through complex market dynamics will be an invaluable addition to the organization."
In addition to this appointment, Lightspeed announced that Paul McFeeters will not be standing for re-election at the Company's annual shareholders meeting on July 31, 2025. Glen LeBlanc will be appointed to the Company's Audit Committee and Risk Committee effective July 1, 2025, and subject to his election at the Company's annual shareholders meeting will succeed Paul McFeeters as Chair of the Audit Committee following the meeting.
"Lightspeed is grateful to Paul McFeeters for his invaluable contributions and dedicated service to the Board. His leadership, guidance, and strategic insight have played a pivotal role in shaping the company's growth and success," said Dasilva.
To learn more about Lightspeed, visit http://www.lightspeedhq.com.
About Lightspeed
Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.
With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights, and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.
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Forward-Looking Statements
This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"), including information regarding the composition of Lightspeed's board of directors. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the
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SOURCE Lightspeed Commerce Inc.
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