Aimia Inc. announced the appointment of Mr. Stuart Janke as Chief Executive Officer and Mr. Brian Pettipas as Chief Financial Officer of the combined Cortland Industrial and Tufropes businesses under the Cortland International brand, effective immediately. This follows the planned transitions of interim CEO appointee Jack Wang and interim CFO appointee David Joyce into advisory roles after the integration of the combined business. The business also announced several key promotions to bolster the senior management team.

Mr. Janke brings over 35 years of global experience in the synthetic rope industry, occupying senior leadership and management roles across various business development and operational roles at Cortland. Mr. Janke has led Cortland through several transformational ownership changes and overseen the implementation of Cortland's innovative manufacturing technologies and branded synthetic rope, tether, and sling products. Having resided in the Asia Pacific and Australia and led partnerships in China, India, and Southeast Asia, Mr. Janke brings a diverse geographical business experience to lead Cortland's continued global expansion.

Mr. Pettipas is a seasoned finance professional with over 20 years of experience. Mr. Pettipas began his career in public accounting at Grant Thornton, here he became a partner, and has since been a senior executive and finance leader across companies in numerous industries. With deep experience in Mergers and Acquisitions, he has demonstrated an exceptional ability to guide companies through both high-growth phases as well as challenging periods, notably during the 2008 financial crisis and the recent COVID-19 pandemic.

Throughout his career, he has collaborated with private equity stakeholders, family-owned investment entities, and entrepreneurial ventures. Additionally, Mr. Pettipas holds designations as a Chartered Public Accountant and Chartered Business Valuator. In addition to the new CEO and CFO appointments, Cortland has named the following individuals to senior functional roles to propel global growth and operations: Navnath Tarle as COO (India), Keith Siders as VP Operations (Americas), Thanassis Varnava as Global Engineering Director, Myara Martins as Global Chief Quality Director, and Patrick Yerger as VP of Sales (Americas).

These individuals are supported by seasoned board members in Asia, Europe, the U.S. and Canada.