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Mercatus Technologies Promotes Sylvain Perrier to President and CEO

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TORONTO--(BUSINESS WIRE)--

The Chairman and Board of Directors of Mercatus Technologies, a software company delivering exceptional consumer experiences on behalf of their retail clients, are pleased to announce the promotion of Sylvain Perrier to the position of President and Chief Executive Officer (CEO). The appointment strategically positions Mercatus to confidently enter new verticals within the retail industry to achieve the company's next level of growth.

“I am proud of the innovative solutions our talented people have delivered to grocery retailers, and the solid business that we have built serving this market,” says Sylvain Perrier, President and CEO, Mercatus Technologies. “As a part of our comprehensive and aggressive business growth strategy, our focused approach will be to expand our client base by entering multiple retail markets. This is an exciting and high-growth period for Mercatus, and I look forward to helping shape the future of the company.”

Leveraging Sylvain's rich experiences in diverse segments of the retail industry, the company has plans to strategically introduce the Mercatus Solution to new vertical markets within the retail industry. Sylvain has worked with world recognized retailers like Walt Disney, Barnes and Noble, the National Football League (NFL) and Canadian Tire. Furthermore, his proven leadership skills and business acumen while holding the position of Chief Operating Officer (COO) of Mercatus make him the ideal choice to lead the company through its next phase of growth. Sylvain accepts the reins from Raymond Chang who will remain Chairman of the Board.

“True thought leaders and visionaries not only understand what's coming next, they spur people, companies and industries forward to leverage value from the next big thing—Sylvain is such a person,” says Raymond Chang, Chairman of the Board, Mercatus Technologies. “Sylvain's extensive career in retail is marked by his ability to inspire, innovate and drive change. He has been instrumental to the success of Mercatus since its founding, and I am confident the company will achieve its growth strategy under his leadership.”

Sylvain's promotion to President and CEO is effective immediately. Sylvain holds degrees in Business Administration and Computer Science from College de l‘Outaouais.

About Mercatus

Imagine delivering the right message to the right consumer in the right place at the right time. Mercatus Technologies makes this possible. Mercatus enables retailers and advertisers to achieve competitive advantage, boost brand equity, and improve financial performance. Leveraging Mercatus Smart Shopping Technology on a cross-channel marketing level, retailers and advertisers achieve the ultimate one-to-one relationship with shoppers throughout their buying cycle—from intent to influence to purchase. See the bigger picture at www.mercatustechnologies.com.

Mercatus
Julie Zuzek
Director, Marketing
+1 416 603 3406
media@mercatustechnologies.com

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