Coda Octopus Adds New Member to Its Board

Business & Finance

Coda Octopus has appointed Francis D. (Chuck) Rogers to its board of directors.

Rogers’ appointment brings the company`s board composition to three independent directors, including the chairman, and four executive directors.

“Chuck’s extensive business development and entrepreneurial background, combined with financial strength in advanced technology projects as well as investment banking, is ideally aligned with CODA`s growth strategy. We believe Chuck`s experience will be a significant addition in moving CODA forward,” said Michael Hamilton, chairman of the board.

“Chuck’s appointment is strategically timed and ideally suited for CODA’s next growth phase. Within both our core and new markets, opportunities abound on a global basis. Chuck understands our business segments and the fact that he started his career as an engineer, of course, is welcomed by the CODA team which boasts more than 70 engineers,” said Annmarie Gayle, CEO and director. “I am confident that our current Board talent will help us to fully realize the potential of our patented sonar technology, Echoscope®, which is widely heralded as the industry standard.”

Rogers is currently a principal of KMDR, LLC, a management consulting business based in Healdsburg, CA and Los Angeles.

“I’m delighted to be joining Coda Octopus’s Board of Directors. This is an exciting technology group with two robust business divisions. CODA has its eye on growth across multiple markets and I look forward to applying my expertise in ‘financial engineering’ methodology to maximize the opportunity and create value for all stakeholders,” said Rogers.