In preparation for future expansion, Jack Nathan Medical Corp. (TSXV: JNH) (OTCQB: JNHMF), an innovative healthcare firm seeking to improve access for millions of patients with medical and physician services co-located in Walmart stores, has made an executive shift. Michael A. Pangia has been named as the company’s strategic advisor.
Pangia, who has over 25 years of executive leadership experience in the financial and technology industries, will use his worldwide capital market ties and knowledge to help Jack Nathan’s company flourish.
“We are pleased to welcome Michael as an advisor since he has a breadth of worldwide executive expertise in a public market setting,” said Neil J. Labatte, chairman of the board of directors. “He will assist us in maintaining our focus on creating value for all of our stakeholders and bringing our future vision to life.”
This year, Jack Nathan has expanded its reach across Canada and Mexico, and additional clinics are expected to open in the near future. Additional medical facilities and MedSpas, as well as new Walmart clinic expansions, were bought, all with a larger footprint and retail presence. While the global pandemic is still a threat in the short term, Jack Nathan’s rapid expansion led to the hiring of Pangia to help with its aggressive expansion plans.
Pangia was previously president and CEO of Aviat Networks (NASDAQ: AVNW), one of the world’s top providers of wireless transmission systems, and has held many significant executive responsibilities in sales, finance, services, and operations, as well as serving on Nortel Networks’ leadership team. He was most recently an associate at the Creative Destruction Lab, a seed-stage program for scalable science- and technology-based firms, where he mentored leadership teams in artificial intelligence, cybersecurity, autonomous mobility, and life sciences. said
“I’m excited to support and guide Mike (Mike Marchelletta, co-founder and interim CEO), the Jack Nathan leadership team, and the board as it implements its strategic strategy. I am confident that the company has enormous potential to become a market leader while continuing to expand its footprint and services “Pangia commented on his new role.
Jack Nathan Health(R) was founded in 2006 and continues to grow its global reach by providing state-of-the-art, turn-key medical centers. The organization currently operates 76 clinics in Walmart stores throughout British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec, with plans to launch three more by 2022. In Mexico, Jack Nathan owns and operates 52 clinics in Walmart locations and plans to open 151 more clinics by 2022.
Visit www.jacknathanhealth.com or www.sedar.com for more information on Jack Nathan.
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