Glen LeBlanc Joins Lightspeed Commerce Board to Drive Strategic Transformation
- Lightspeed Commerce Inc. appointed Glen LeBlanc to its Board of Directors to aid in a strategic transformation starting July 1, 2025.
- LeBlanc's extensive financial experience is expected to enhance Lightspeed's growth in omnichannel retail and hospitality sectors.
- The Annual General Meeting will occur on July 31, 2025, allowing shareholders to engage and vote on key resolutions.
Lightspeed Commerce Welcomes Financial Leader Glen LeBlanc to Board of Directors Amid Strategic Transformation
Lightspeed Commerce Inc. announces 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, primarily from the telecommunications and technology sectors. Currently serving as Vice Chair at BCE Inc. for Atlantic Canada, he has held significant roles such as Executive Vice President and CFO of Aliant. His extensive background equips him with the knowledge necessary to guide Lightspeed through a critical three-year strategic transformation aimed at enhancing innovation and sustainable growth.
Dax Dasilva, Founder and CEO of Lightspeed, expresses strong enthusiasm regarding LeBlanc’s addition, highlighting his financial expertise as a vital asset for the company's future. Dasilva emphasizes that LeBlanc's wealth of experience in navigating complex market dynamics will be instrumental as Lightspeed seeks to solidify its position in the omnichannel retail and hospitality sectors. Manon Brouillette, Executive Chair of the Board, asserts that LeBlanc’s financial acumen will contribute significantly to the company’s long-term success, particularly during this transformative phase.
LeBlanc will join the Audit Committee and Risk Committee and is set to succeed Paul McFeeters as Chair of the Audit Committee, subject to election after the annual shareholders meeting on July 31, 2025. The meeting will also feature the presentation of audited financial statements for the fiscal year ending March 31, 2025, and the appointment of directors and auditors for the upcoming year. As Lightspeed continues to expand its unified omnichannel platform across over 100 countries, LeBlanc's experience is anticipated to enhance its efforts in delivering superior customer experiences while driving operational efficiency.
In tandem with the leadership update, Lightspeed announces the details for its Annual General Meeting (AGM), scheduled for July 31, 2025. The meeting will be conducted virtually, allowing shareholders to engage with management in real-time. The company is implementing a notice-and-access model to streamline the distribution of Proxy Materials, minimizing environmental impact while ensuring accessibility. This approach encourages shareholder participation by enabling online access to essential documents, which can be requested in paper form if necessary.
The AGM serves as a pivotal moment for Lightspeed, allowing shareholders to vote on key resolutions, including director elections and the appointment of auditors. The company stresses the importance of shareholder engagement in its governance processes, reinforcing its commitment to transparency and active participation in corporate decision-making.
