Comprehensive Healthcare Systems Inc. announces the resignation of Mr. Alex McAulay as the Chief Financial Officer, effective, May 2nd, 2023, and the appointment of Mr. Kevin Waters as the interim Chief Financial Officer, effective May 4th, 2023. Mr. Waters is a seasoned accounting and finance leader with over 25 years of experience in both publicly traded and private-equity-owned companies across multiple industries, including healthcare benefits. He brings extensive M&A experience to CHS, as well as a track record of managing through times of growth and transition.

He is a Certified Public Accountant and holds an MBA from Oral Roberts University in Tulsa, Oklahoma. Mr. McAulay and his firm, Treewalk.com (Formerly ACM Management Inc.), provided professional services, including CFO services to CHS during the go public process that assisted the company to successfully list on the Toronto Venture Exchange. Mr. McAulay continued to act as the CFO after CHS started to trade on the TSXV in October 2021.

The Company thanks Mr. McAulay for his services during the go public and subsequent transition phase and wishes him well for the future.