Alithya Group inc. Announces Departure of Chief Financial Officer, Nicolas Lavoie
Montreal, March 26, 2025 – Alithya Group inc. (TSX: ALYA) (“Alithya” or the “Company”), a leading digital transformation solutions provider, announced today that Nicolas Lavoie, Chief Financial Officer (“CFO”), will be leaving the Company for personal reasons.
Background on Nicolas Lavoie
Nicolas Lavoie joined Alithya in 2018 as CFO, bringing over 20 years of experience in finance, accounting, and business development to the role. Prior to Alithya, he held various senior financial positions at notable organizations such as SNC-Lavalin, Bombardier, and Bell.
Impact on Alithya
Alithya has initiated a search for a new CFO and has engaged an executive search firm to assist in the recruitment process. The Company has also announced that it will appoint an interim CFO in the interim. Alithya’s Board of Directors expressed their gratitude to Mr. Lavoie for his contributions to the Company and wished him all the best in his future endeavors.
Personal Effects
For individual investors, the departure of a CFO may raise concerns about the Company’s financial stability and leadership. However, it is essential to note that Alithya has a solid leadership team in place and has initiated a search for a new CFO. The Company’s financial performance in the short term is not expected to be significantly affected.
Global Impact
The technology industry is a dynamic and ever-evolving landscape. Executive departures are not uncommon, especially in a rapidly growing sector like digital transformation. While the departure of a CFO can have ripple effects, it is important to consider the context of the situation. Alithya is a well-established company with a strong leadership team and a proven track record of success. The Company’s financial performance and growth prospects remain solid.
Conclusion
In conclusion, Alithya’s announcement of Nicolas Lavoie’s departure as CFO is a significant development for the Company. However, based on the information provided, it is not expected to have a significant impact on the Company’s financial performance or growth prospects in the short term. Alithya’s leadership team remains in place, and the Company has initiated a search for a new CFO. As always, investors are encouraged to monitor the Company’s financial performance and developments closely.
- Alithya Group inc. announces departure of CFO, Nicolas Lavoie
- 20-year finance veteran to leave for personal reasons
- Search for new CFO underway, interim CFO to be appointed
- Impact on individual investors minimal
- Ripple effects expected, but Company remains financially stable
