MONTRÉAL, July 08, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a global leader in immersive motion experiences across movie theatres, sim racing, gaming, and simulation training, today announced that Jean-François Gagnon, Senior Vice President, will be stepping down from his role effective August 15, 2025. Following his departure, the sales and marketing teams will report directly to Naveen Prasad, Interim Chief Executive Officer for the time being. This trans ...

Core Viewpoint - D-BOX Technologies Inc. announces the resignation of CEO Sébastien Mailhot and the appointment of Naveen Prasad as interim CEO, effective June 10, 2025, aiming for a smooth transition and continued financial progress [1][3][5]. Group 1: Leadership Transition - Sébastien Mailhot is stepping down after achieving significant financial milestones, contributing to revenue growth and improved profitability during his tenure [2][3]. - Naveen Prasad, with over 25 years of experience in media and technology, will take over as interim CEO, bringing a strong background in driving growth and organizational change [4][5]. - The Board expresses confidence in Prasad's ability to strengthen operational effectiveness and guide the next phase of the Corporation's evolution [5]. Group 2: New Board Appointment - Lori Vaudry Tersigni has been appointed as an independent director, bringing extensive operational and leadership experience from her previous roles at Morneau Shepell and CIBC [6]. Group 3: Financial Outlook - D-BOX is expected to release its financial results for the fourth quarter and full fiscal year ended March 31, 2025, on June 10, 2025 [7].