Quarterhill Welcomes Burland East to Its Board of Directors as It Expands Growth Strategy

Quarterhill Welcomes New Board Member

Quarterhill Inc., a prominent global provider in intelligent transportation systems, has announced the appointment of Burland East to its Board of Directors, effective from January 1, 2026. This decision is viewed as a strategic move that would enhance Quarterhill’s capacity to navigate through the complexities of the transportation sector and maximize its growth potential.

Background on Burland East

Burland East comes with a wealth of experience, boasting over 30 years in Wall Street finance. Currently, he occupies the position of CEO at Soledad Realty Capital, LLC, and serves as an advisor at Oxygen Investment Management. Notably, he also holds a position as a member of the Board of Advisors and CFO of Unmanned Aerospace. East’s extensive portfolio includes managing teams of securities analysts and investment bankers while raising approximately $20 billion in capital across 142 large-scale real estate transactions, including 28 IPOs. His academic background includes an MBA in Finance from Loyola University Maryland, further establishing him as a highly qualified addition to the board.

Significance of the Appointment

“This is an exciting moment for us,” stated Rusty Lewis, Chair of the Board at Quarterhill. “Burl’s extensive expertise in capital markets will be invaluable to our organization, as we seek to navigate our growth plan effectively.” The board's sentiment reflects a collective understanding of the challenges and opportunities presented in the rapidly evolving transportation sector. East's skill set is expected to significantly bolster the board's capacity to strategize and facilitate sustainable long-term value for shareholders.

Vision for the Future

Mr. East expressed his enthusiasm to join Quarterhill, remarking that he sees a substantial opportunity in both the Intelligent Transportation System sector and Quarterhill's competitive positioning within it. His commitment involves collaborating with the board and management team to optimize financial strategies in order to propel the company towards a promising future. By leveraging his vast experience with institutional investors and financial transactions, East's involvement aims to enrich Quarterhill’s ability to innovate and grow.

About Quarterhill

Quarterhill is a leader in the Intelligent Transportation System (ITS) domain, dedicated to advancing mobility through innovative infrastructure solutions. The company's mission revolves around reducing traffic congestion, enhancing roadway safety, and promoting sustainable travel alternatives. Quarterhill’s platforms handle billions of transactions each year, oversee safety inspections on millions of commercial vehicles, and assist transportation agencies worldwide in optimizing traffic flow. Utilizing cutting-edge technologies like artificial intelligence and machine learning, the company is paving the way for smarter transportation networks, actively collaborating with governments and communities to shape the future of mobility.

Through this strategic appointment, Quarterhill reinforces its commitment to driving forward-thinking initiatives within the transportation sector, marking a significant milestone as it embarks on an exciting journey toward continued growth and innovation in the industry.

For more information, you can visit Quarterhill's official website.

Forward-Looking Statements

This announcement includes forward-looking statements that are based on current expectations and projections regarding future events or the financial performance of the company. While Quarterhill believes that these expectations are reasonable, actual results may differ due to various factors, including demand for products, economic conditions, and technology-related risks.

In conclusion, the appointment of Burland East is expected to mark a fresh chapter in Quarterhill’s pursuit of transforming and optimizing the landscape of intelligent transportation.