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Earnings

D-Box Technologies appoints Prasad as president, CEO

By The Northwire Desk — AI Analysis Aug 13, 2025 · 20:46 DBO · 0.31 D-Box Technologies Inc
DBO · Price

Executive Summary

  • D-Box Technologies Inc. officially appointed Naveen Prasad as President and CEO, following his tenure as interim CEO since June 2025.
  • The company announced a significant leadership realignment, including the promotion of David Reid to CFO and Sebastien Boire Lavigne to Chief Product and Technology Officer, alongside the departure of former CFO Joshua Chandler.
  • This executive transition coincides with the release of the company's Q1 Fiscal Year 2026 financial results.

Key Details

  • CEO Appointment: Naveen Prasad confirmed as President and CEO effective immediately; previously elected to the board on Sept. 25, 2024, and served as interim CEO since June 2025.
  • CFO Change: David Reid promoted to Chief Financial Officer, expanding responsibilities to include financial strategy, public disclosure, and cross-functional performance.
  • CPTO Appointment: Sebastien Boire Lavigne elevated to Chief Product and Technology Officer, unifying product, technology, IP, and delivery.
  • New Roles & Consultants:
    • Search underway for a newly created Chief Commercial Officer role to integrate revenue, brand, and market strategy.
    • Matt Garelik joins as strategy and business development consultant, reporting to the CEO.
    • Robert Desautels returns as IP and platform licensing consultant, reporting to the CPTO.
  • Departure: Joshua Chandler, former CFO, has officially left the company effective today.
  • Financial Context: The announcement coincides with the release of D-Box's Q1 FY 2026 financial results.

Notable Quotes

  • Brigitte Bourque, Chair of the Board: "Naveen stepped into the interim role with clarity and conviction... He has energized the company, aligned the leadership team, and sharpened our focus on performance and market opportunity. We're pleased to confirm him as permanent CEO."
  • Naveen Prasad, President and CEO: "We've sharpened our leadership structure, strengthened execution and aligned the company for sustainable growth... D-Box is positioned to build deeper industry partnerships, expand market leadership and deliver long-term value for shareholders."
Read the original news release →

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