RYU Apparel has hired Robert Lelovic as chief financial officer.
Lelovic has spent the last two building public companies from Silicon Valley technology companies to the energy sector in the Canadian Oil Fields and the Financial District of Toronto.
During his time as a senior manager at PricewaterhouseCoopers, Lelovic gained extensive experience in preparing and reviewing financial disclosures for publicly traded companies and implementing corporate governance practices and regulatory reporting, including prospectuses for OSC and SEC clients. He also monitored budget reviews, audits, initial public offerings, due diligence, and special reporting such as IFRS diagnostics and the preparation of white papers, GAAP reconciliations and internal control reports.
In addition to appointing Lelovic as CFO, the company issued an aggregate of 7,722,000 options to purchase common shares of the company of which, 2,250,000 of the options issued were to directors and or officers of the company. The options vest immediately and are exercisable for a period of five years from the date of grant at a price of $0.055 per common share.
