Senior Finance Officer & CPA, NYSE & Nasdaq Company veteran at the helm Capital markets and financial strategy
Boulder, Colorado, June 23, 2021 (GLOBE NEWSWIRE) – Surna Inc. (the “Company”) (OTCQB: SRNA), operating as surna Cultivation Technologies, a leader in the engineering and technologies of Controlled Environment Agriculture (CEA) systems, announced today hui the appointment of R. Brian Knaley as Chief Financial Officer and Treasurer of the Company, effective June 28, 2021. Mr. Knaley is a seasoned financial executive with over 25 years of financial leadership, including as Chief Financial Officer of a twice-publicly traded company.
“Our Board of Directors and I are delighted to have Brian join our leadership team to help us lead our strategic growth initiatives. Brian brings a strong track record in terms of results, ”said Tony McDonald, President and CEO of Nicka. “We are confident that Brian’s past experience as a CFO of a public company will strengthen our leadership team and enhance our engagement with investors and the financial community as we execute on the aggressive growth strategy we we announced in april.
Mr. Knaley has extensive experience as a financial leader, having held a number of executive positions in public companies and leading a number of substantial changes to their business results and financial reporting compliance.
More recently, he was the financial director of Proximo Medical, a start-up specializing in the marketing of medical devices. As Chief Financial Officer, he ensured the strategic management of accounting and financial functions, including financial control, cash flow maximization, and tax and regulatory compliance.
Prior to Proximo, he was Senior Vice President and Interim CFO of ViewRay, Inc., a global manufacturer of MRI-guided radiation therapy systems. At ViewRay, he provided strategic leadership for this listed company.
Prior to ViewRay, Mr. Knaley served as Chief Financial Officer at ARC Group Worldwide, Inc. a global manufacturer of precision metallurgical products and advanced 3D printing. Prior to ViewRay, he was Vice President and Corporate Controller of Spectranetics Corp., a manufacturer of vascular intervention devices, where he helped the management team sell the company to Philips Holding USA, Inc.
Other positions Mr. Knaley previously held included: Corporate Controller for Arcelormittal USA, a steel and mining company and Vice President Finance / Audit Director for Caterpillar, Inc., a Fortune 100 company that designs, develops, designs, manufactures, markets and sells machinery, engines, financial products and insurance.
Mr. Knaley holds a BA in Accounting from Thomas More College and is a Chartered Accountant in Ohio.
CEO Tony McDonald added, “We are delighted to welcome Brian Knaley to the surna leadership team. We believe Brian will make immediate contributions to the company in the areas of strategic analysis, financial reporting, operations and other areas. We are also confident that Brian will provide the necessary executive leadership as the company improves its operating infrastructure and internal processes and controls, to support the company’s expected growth.
About Nicka Inc.
Surna Inc. (www.surna.com), operating under the trade name surna Cultivation Technologies, designs, develops and sells cultivation technologies for controlled environment agriculture, including: (i) process cooling systems based on of liquid and other climate control systems, (ii) air handling equipment and systems, (iii) a comprehensive engineering service package for the design and engineering of commercial scale thermodynamic systems specific to cannabis cultivation facilities, and (iv) automation and control devices, systems and technologies used for environment, lighting and climate control.
Based in Boulder, Colorado, we leverage our experience to provide our customers with value-added climate control solutions that help them improve the overall quality and yield of their crops, optimize energy efficiency and water supply and meet changing state and local codes, approvals and regulatory requirements. . Although many of our customers do, we do not produce or sell cannabis.
This press release may contain forward-looking statements concerning future events. These forward-looking statements are subject to the uncertainties inherent in forecasting future results and conditions. These statements reflect our current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release, including the factors set out in “Risk Factors” set forth in our annual reports. and quarterly filed with the Securities and Exchange Commission. and Exchange Commission (“SEC”), and subsequent filings with the SEC. Please refer to our documents with the SEC for a more detailed discussion of the risks and uncertainties associated with our business, including, but not limited to, the risks and uncertainties associated with our business prospects and the prospects of our existing clients. and potentials; the uncertainty inherent in product development; regulatory, legislative and judicial developments, in particular those related to changes and enforcement of cannabis laws; growing competitive pressures in our industry; and relationships with our customers and suppliers. Except as required by federal securities laws, we assume no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. Reference to the surna website has been provided as a convenience, and information on this website is not incorporated by reference in this press release.
Vice-president, marketing communications