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Imaflex Inc. announces the appointment of Mr. Stephan Yazedjian as President and CEO of the Corporation. Mr. Yazedjian joins Imaflex as of October 28, 2024. Outgoing President and CEO, Mr. Joe Abbandonato, will move to Executive Chairman of Imaflex, ensuring a smooth leadership transition.
"I am excited to join Imaflex as we embark on this exciting new chapter," said Mr. Yazedjian. "Prior to my appointment, I had the opportunity to meet with the board of directors and management teams throughout the Imaflex network. I was impressed by the strong leadership, dedicated workforce, and commitment to innovation. The Corporation has made important capital investments in recent years, and with the final equipment purchases coming online, I look forward to working with the team to unlock new opportunities for our stakeholders."
A multilingual leader, Mr. Yazedjian previously worked as Chief Financial Officer at Fantuan, Chief of staff & Advisor to the COO at Reinsurance Group of America (RGA Inc.), and Chief Restructuring Officer at United Gulf Steel Company Ltd. Prior to this, he held senior positions with Mecachrome Inc., Scotia Capital, BMO Nesbitt Burns, and Ernst and Young (Corporate Finance). Additionally, Stephan has served in strategic advisory roles on several boards.
Mr. Yazedjian holds an MBA and a Bachelor of Commerce from McGill University. He is a Certified Public Accountant (CPA - USA) and a Chartered Professional Accountant (CPA - Canada), as well as a member of the Ordre des Comptables Professionnels Agréés du Québec. Additionally, he was certified as a Chartered Business Valuator by the Canadian Institute of Chartered Business Valuators.
Founded in 1994, Imaflex is focused on the development and manufacturing of innovative solutions for the flexible packaging space. Concurrently, the Corporation develops and manufactures films for the agriculture industry.
