Vancouver-based sportswear brand RYU Apparel Inc. has hired Robert Lelovic as its new chief financial officer. Lelovic brings two decades of experience building publicly traded companies in various industries, from technology companies in Silicon Valley to the energy sector in Canada’s oil fields and Toronto’s financial district. During his time as a senior manager at PricewaterhouseCoopers, he gained extensive experience in the preparation and audit of financial reports for publicly traded companies, as well as in the implementation of corporate governance practices and regulatory reporting for both OSC and SEC clients.
In addition to Lelovic’s appointment as CFO, RYU issued a total of 7,722,000 options to purchase shares of the company’s common stock, of which 2,250,000 were issued to directors and/or officers of the company. The options are immediately exercisable and may be exercised at a price of $0.055 per common share for a period of 5 years from the date of grant.
