Garda World Security Corporation
TSX : GW

Garda World Security Corporation

September 09, 2009 09:03 ET

Garda Announces New Senior Management Appointments

MONTREAL, QUEBEC, CANADA--(Marketwire - Sept. 9, 2009) - Garda World Security Corporation (TSX:GW) (Garda), one of the most trusted cash logistics, physical security and global risk consulting firms in the world, today announced four new senior management appointments within its executive team:

- Patrick Prince has been appointed Chief Financial Officer of Garda succeeding Francois Rodrigue, who is leaving Garda on September 15th, to pursue new opportunities.

- Alain Dumont, formerly head of the company's Business Transactional Group, has been appointed Senior Vice President for Strategic Corporate Development for Garda.

- Hugues Trottier, formerly Vice President of Finance for Garda Security in the United States, is promoted to Vice President Finance and Administrative services of Garda Cash Logistics.

- Richard Potvin joins Garda as Vice President, Finance & Control.

As Chief Financial Officer based in Montreal, Mr. Patrick Prince comes to Garda with 25 years' experience in management, operations and finance. For ten years he served as CFO at Air Liquide Canada, Inc., the world's leading manufacturer and distributor of industrial gases, doubling sales and quadrupling profits during that time. He also directly negotiated 20 business acquisitions and served on the company's Board of Directors. Most recently, Mr. Prince was Executive Vice President at Groupe Emballage Induspac, Inc., a manufacturing packaging solutions and products provider, where he was head of the company's packaging solutions division. Earlier in his career, he held auditing management positions at Ernst and Young and KPMG. He is a graduate of HEC-Montreal and a member of l'Ordre des comptables agrees du Quebec.

As Senior Vice President for Strategic Corporate Development based in Pasadena, California, Mr. Alain Dumont will focus on developing and expanding strategic partnerships with clients in the financial institutions sector and with major retailers. Working closely with the US Cash Logistics group and as a key member of the senior management, he will ensure the efficiency of all strategies and initiatives. In his former roles at Garda, he worked on the integration of AT Systems International and has greatly contributed to Garda's growth, specifically as CFO during the company's early years as a publicly-traded corporation on the Toronto Stock Exchange. Mr. Dumont has a Bachelor degree in Business Administration-Accounting from the Universite du Quebec a Montreal and also holds the title of chartered accountant.

As Vice President Finance and Administrative services for Garda Cash Logistics based in Pasadena, California, Mr. Hugues Trottier takes on the overall responsibilities of Garda Cash Logistics finance and administrative services group. He will focus on enhancing financial and management reporting as well as implementing better procurement and risk management processes. Before joining Garda in 2006 as Vice President of Finance for Garda Security in the US, Mr. Trottier held key financial positions at Oberthur Gaming Technologies, a leading manufacturer of instant lottery tickets, in San Antonio, Texas during a ten year period, culminating in the role of Vice President of Procurement and Revenue Management.

Mr. Richard Potvin joins Garda as Vice President, Finance & Control following a 12-year career at TransForce Inc. (TSX:TFI-T), Canada's leading trucking and transportation logistics organization with annual revenues of $2.3 billion. Mr. Potvin most recently served as Vice President of Finance and earlier as Corporate Controller at TransForce. He began his career at Ernst & Young and is a graduate of HEC-Montreal with a degree in business administration. He is a member of the Canadian Institute of Chartered Accountants and l'Ordre des comptables agrees du Quebec.

"These seasoned executives will play an important role in Garda's profit enhancement objectives," says Garda President and CEO Stephan Cretier. "With their talent and expertise, we are strengthening our focus on solid execution and strong performance."

ABOUT GARDA

Garda (TSX:GW), one of the largest integrated physical security and cash logistics firm worldwide on an annualized revenue basis, is well known for addressing complex security and investigations issues. As a leading provider in security services, Garda is recognized as one of the fastest growing companies with operations across Canada, the United States, Latin America, Europe, the Middle East, Africa, and Asia. With approximately 45,000 dedicated professionals, Garda offers integrated solutions in cash logistics, physical security, global risk consulting and pre-employment screening. Its team includes specialists and some of the most highly qualified and best-trained experts in the industry. For more information, visit: http://www.gardaglobal.com, http://www.gardacashlogistics.com and http://www.garda-world.com.

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