#Canada #Montreal #Alithya #Nicolas Lavoie #Debbie Di Gregorio

Alithya Group's CFO Departure Announcement

On March 26, 2025, Alithya Group Inc. made a significant announcement regarding the departure of its Chief Financial Officer, Nicolas Lavoie. The Montreal-based company revealed that Lavoie will step down due to personal reasons, a move that was confirmed not to be linked to any disagreements over the firm’s financial performance or accounting practices. Lavoie’s departure is set to take effect on April 23, 2025, allowing for a structured handover of responsibilities to ensure continuity in the financial leadership of the organization.

In light of this transition, Alithya has proactively engaged an executive search firm to assist in the process of recruiting a new CFO. Effective immediately, Debbie Di Gregorio has been appointed as the Interim CFO. Di Gregorio has been part of Alithya since October 2018, previously holding the role of Vice President of Finance. Notably, she served as Interim CFO before from June to December 2024, showcasing her strong familiarity with the company's financial landscape.

Di Gregorio brings nearly 25 years of experience to her role, having held key finance positions, including Vice President of Audit at Richter, a well-known independent financial consulting and accounting firm in Canada. Her qualifications include being a Chartered Professional Accountant (CPA), along with a Graduate Diploma in Accounting from McGill University and a Bachelor of Commerce from Concordia University.

Paul Raymond, the CEO of Alithya, expressed confidence in Di Gregorio's capabilities, highlighting her deep understanding of the company's operations and her integral role within the finance and operations teams over the past six years. Raymond noted, "Debbie has consistently been a trusted pillar for our financial and operational teams, and I look forward to collaborating with her during this transition."

The company has assured stakeholders that Lavoie’s exit will not affect its operational integrity or financial reporting. The upcoming quarter and yearly results ending on March 31, 2025, are scheduled to be disclosed in mid-June 2025, consistent with the firm’s reporting timeline.

Alithya Group, recognized for its strategic advisory and digital technology services, aims to leverage its global workforce's enthusiasm and passion to navigate its clients through their digital transformations. This latest personnel change highlights the firm's ongoing commitment to maintaining robust leadership, particularly in the finance department, as it continues to evolve in the fast-paced digital landscape.

Founded on the principle of transparency, Alithya aims to foster direct communication without reliance on complex jargon, focusing instead on clear and understandable dialogue between its teams and clients. The firm emphasizes three crucial pillars in its business model: strategic consulting, enterprise transformation, and business enablement, aligning its resources and expertise to tackle varied business challenges effectively.

In summary, while the departure of a CFO can lead to uncertainty, Alithya Group’s structured approach to replacing Lavoie with a capable interim leader signals its intent to maintain financial stability and operational momentum through this transition phase.