Dexit Announces Board, CEO Changes
Toronto-based Dexit has announced the appointment of Janet C. Martin as the company's new CEO along with the resignation of board member Rubin Osten.
Ms. Martin replaces Renah A. Persofsky, the founder of the company, who has served as President and Chief Executive Officer since 2001. Ms. Martin will also become a director of the company, replacing Ms. Persofsky, who has resigned from the Board.
"Renah's entrepreneurial spirit has been the driving force behind the inception and launch of Dexit, for which the company is most grateful. As Dexit enters a new phase, it was the Board's view that a different set of skills is necessary to meet the company's new challenges. Janet's leadership abilities and senior managerial experiences are ideally suited for the next stage of Dexit's development," said Jeffrey Chisholm.Dexit Inc., based in Toronto, has pioneered an "instead of cash" electronic payment facilitation service for small transactions (generally under $25). The Dexit service enables consumers to pay for a variety of low-cost items quickly and conveniently with the tap of a RFID (radio frequency identification) tag linked to a pre-paid account.
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