People: ATS Automation Tooling Systems Inc (ATA.TO)
14 Jun 2019
Ms. Maria Perrella is Chief Financial Officer of ATS Automation Tooling Systems Inc. She was appointed as the President of Photowatt France (PWF) in 2008. On November 8, 2011, a hearing was held at which time the French bankruptcy court placed PWF into a “recovery” proceeding (“redressement judiciaire”) under the supervision of a court appointed trustee. On February 27, 2012, a subsidiary of the EDF group, the French electricity utility, was selected by the French bankruptcy court to purchase the assets of PWF, and the entire workforce of PWF was subsequently transferred to the purchaser or offered to be transferred within the purchaser’s group. Effective March 1, 2012, the purchaser assumed control over the operations of PWF. The confirmation of a new operator for the PWF business concluded ATS’ operating support of PWF. Although a new operator has assumed the operation of the PWF assets and all employees have been (or offered to be) transferred to this new operator or within its group, the judicial liquidation process could take several years to wind-up.
|Total Annual Compensation, CAD||1,127,000|
|Restricted Stock Awards, CAD||341,500|
|Long-Term Incentive Plans, CAD||--|
|All Other, CAD||155,200|
|Fiscal Year Total, CAD||1,623,700|