WINNIPEG, Manitoba, Oct. 15, 2019 (GLOBE NEWSWIRE) — People Corporation (TSX-V: PEO) (the “Company”) announced today that, aligned with a succession plan, People Corporation’s President Bonnie Chwartacki has retired from the Company. Ms. Chwartacki has been with People Corporation since 2008 and has been instrumental in the growth of the Company.Ms. Chwartacki’s responsibilities will be primarily assumed by Brevan Canning, EVP and Group Head, Group Solutions and Sue Tardi, Chief Human Resources Officer.The Company sincerely thanks Bonnie for her many contributions to the success of People Corporation over more than 10 years of dedicated service.The Company has a deep and growing pool of highly engaged senior professionals and is well positioned to continue to deliver growth and value to shareholders, while leveraging People Corporation’s increasing scale to provide clients with a leading suite of solutions and unparalleled experience.About People Corporation People Corporation (https://www.peoplecorporation.com) is a national provider of group benefits, group retirement and human resource services. The Company has offices across Canada, each led by a team of experts and backed by the resources of a national company that is traded on the TSX-V. The Company’s industry experts provide uniquely valuable insight while customizing an innovative suite of services to the specific needs of its clients. Whatever your sector, whatever your scale, putting People Corporation’s expertise and proven track record to work will make a difference to your people and your bottom line. Further information is available at www.peoplecorporation.com.Forward-Looking Information This news release contains “forward-looking statements” within the meaning of applicable securities laws, such as statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Use of words such as “may”, “will”, “expect”, “believe”, “intends”, “likely”, or other words of similar effect may indicate a “forward-looking” statement. These statements are not guarantees of future performance and are subject to numerous risks and uncertainties, including those described in the Company’s publicly filed documents (available on SEDAR at www.sedar.com). Those risks and uncertainties include the ability to maintain profitability and manage organic or acquisition growth, reliance on information systems and technology, reputation risk, dependence on key clients, reliance on key professionals and general economic conditions. Many of these risks and uncertainties can affect the Company’s actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statement made by the Company or on its behalf. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. All forward-looking statements in this news release are qualified by these cautionary statements. These statements are made as of the date of this news release and, except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities.Investor Relations Inquiries:Jonathan Ross, CFA
Investor Relations – People Corporation
(416) 283-0178
jon.ross@loderockadvisors.comDennis Stewner, CPA, CA
CFO and COO – People Corporation
(204) 940-3988
dennis.stewner@peoplecorporation.com
www.peoplecorporation.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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