After a strategic review, the Board of Directors of Alarm Force Industries has ousted Mr. Joel Matlin as its President and Chief Executive Officer. Chief Financial Officer Anthony Pizzonia will take his place as interim CEO while the company is still searching for someone to permanently fill the position. Although Matlin will no longer serve AlarmForce in the capacity of President and CEO, he will still remain as a Company Director. In a press release, the Board and management thanked the former President "for his dedicated years of service and numerous contributions to the Company."
AlarmForce is a Toronto-based provider of security alarm monitoring and related services to residential and commercial clients in Canada and some areas in the United States. The company also sells two-way voice alarm systems. Callisto Capital, a Canadian private equity firm, has a stake on the company which trades on the Toronto Stock Exchange under the ticker symbol AF.
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