Effective June 19, 2018, Michel Sauvé stepped down as chairman and shareholder of Eclairage Hi-Tech. Guylaine Ladouceur and Philippe Goyet are the co-owners of the company. The transaction is retroactive to February 1st, 2018. M. Goyet will assume the functions of President and Chief Executive Officer while Guylaine will assume the functions of Vice-President and Specification Director.
Michel will continue as a consultant and mentor for an indefinite duration during his transition to retirement. He will help us develop the next generation and support our team of representatives during special projects.
We take this opportunity to thank Michel for his collaboration in recent years. This valuable collaboration in this transition has resulted in the creation of more than 10 jobs over the past two years.