HearAtLast Holdings, Inc (HRAL.PK) announced that the company has appointed Mr. Louie Mele, President of McDonald’s Restaurants of Canada Ltd, to their Board of Directors.
Currently, HearAtLast Holdings, Inc operates under a master licensing agreement with Wal-Mart Canada. This licensing agreement will allow HearAtLast to open numerous hearing-aid clinics within Wal-Mart supercenters. Previously, McDonald’s signed an agreement with Wal-Mart Canada Corp, similar to the deal established with HearAtLast.
Matteo Sacco, CEO of HearAtLast, stated, “Louie Mele brings with him a tremendous amount of knowledge and experience from his tenure at the world’s largest and perhaps most well-known fast food restaurant. Louie has done a tremendous job with the growth of McDonald’s on a national and international scale. We couldn’t possibly be happier about him coming on board to assist us as we continue to implement the aggressive plan of expansion for HearAtLast. We are confident that Mr. Mele’s expertise and relationship with Wal-Mart Canada Corp. will prove invaluable to our company.”
Mr. Mele commented, “In my role across Canada, I am often asked to provide my expertise in accountability and transparency due to the structure of the company I lead — McDonald’s Canada,” commented Mr. Mele. “I have been interested in the HearAtLast business model since it was presented to me a while back and I continue my interest. Furthermore, I am impressed at the manner in which HearAtLast has positioned itself for the future as a collaborative entity providing health services to patients and assistive devices for patients requiring hearing enhancement. HearAtLast’s confidence in me as a Board member is equally returned through my confidence in the organization.”
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