Quarterhill Welcomes David Charron as New Chief Financial Officer Amid Growth Strategy

David Charron Takes the Helm as CFO at Quarterhill

Quarterhill Inc. is set to elevate its financial leadership with the recent appointment of David Charron as Chief Financial Officer (CFO). The announcement was made on June 6, 2025, and Mr. Charron's official start date will be June 17, 2025. This strategic decision comes as Quarterhill stands at a crucial juncture in its corporate transformation, aiming for reinvention and growth in competitive markets.

David Charron is no stranger to the public technology sector; he brings over 15 years of experience in various CFO roles within technology companies. His most recent position was with Maropost Inc., a notable global software-as-a-service (SaaS) provider. Prior to that, he showcased his financial acumen at Tiny Ltd./WeCommerce Holdings Inc., which is a publicly traded tech holding company. Notably, Charron has garnered expertise in managing complex financial operations while overseeing significant mergers and acquisitions.

Chuck Myers, the Chief Executive Officer at Quarterhill, expressed enthusiasm regarding Charron’s new role, highlighting the significance of this appointment in light of the company’s ongoing strategy to enhance performance and operational efficiency. In his words, “We are pleased to welcome David to our leadership team at this pivotal moment in Quarterhill's evolution... David's extensive public technology company experience, governance expertise, and proven MA track record make him the ideal leader to help us execute on our next phase of growth.”

Charron's proficiency in navigating financial complexities is backed by his impressive record of successfully completing multiple acquisitions, along with raising substantial equity and credit financing amounting to $240 million during his tenure at Redknee Solutions Inc. Here, he also acted as Corporate Secretary and served as Interim CEO for a six-month period. His track record reflects a commitment to steering companies towards profitability and fostering operational excellence.

In addition to his professional accomplishments, Mr. Charron holds a Chartered Director designation from The Directors College at McMaster University. He is also a Chartered Professional Accountant and Certified Management Accountant, equipped with an MBA from McMaster University’s DeGroote School of Business. His educational background further strengthens his capacity to lead Quarterhill into its next chapter.

Notably, this leadership shift also acknowledges the contributions of Morgan Demkey, who served as Interim CFO during the transition. Morgan will revert to his role as Vice President of Operations for Quarterhill’s Safety Enforcement unit, continuing to drive operational success in that area.

Quarterhill specializes in Intelligent Transportation Systems (ITS) and has positioned itself as a leader in tolling, safety enforcement, and logistics solutions. Their mission is to leverage technology to enhance their service offerings while pursuing strategic growth through acquisitions and operational advancements.

With Charron at the financial helm, Quarterhill is poised to capitalize on emerging opportunities within the ITS landscape, aiming to amplify its market presence further. The combination of advanced technology solutions with robust financial leadership is anticipated to propel Quarterhill towards sustained success in the dynamic transportation solutions market.

In summary, Quarterhill’s decision to appoint David Charron as CFO signals a strong commitment to advancing the company’s strategic initiatives. As he gears up to take on his new role, stakeholders and employees alike eagerly await the positive impact he is expected to bring to the organization’s growth trajectory.