Penad Hires New President

March 2000 -- Kitchener Ontario, Canada

Frank Price Chairman and CEO of Penad Pension Services Limited is pleased to announce the appointment of Robert (Bob) I. Kern as President of the company. 

Bob brings with him over 20 years of pension sales, sales management and senior management experience in both the insurance and trust industries and will be responsible for the growth and strategic development of the company both domestically and internationally. 

“The hiring of  Bob represents a significant milestone in the evolution of Penad as a leading supplier of  pension administration services and software both domestically and abroad, and supports our strategy for growth and expansion into the global pension marketplace.” (Frank Price).