Kallo, Inc. (KALO) Names Industry Veterans to Key Management Positions, Shares Surge Higher

Shares of Kallo soared more than 19% in Thursday’s mid-day trade after the provider of technology designed to improve healthcare delivery via rural healthcare, disease management, clinical globalization, and health solutions, named new key senior appointments to its management team.

Drew Coderre has been named as Kallo’s director of human resources (HR), a role in which he will implement his ability to assess, select, and hire individuals. Coderre has delivered “impressive” results working as a strategic HR Business Partner and also in operational HR leadership roles. He has held a number of senior HR leadership roles with two global, industry-leading technology companies, Sun Microsystems and Compaq, as well as with smaller Canadian companies.

Manny Teixeira has been appointed as director of Kallo’s Procurement & Production. Teixeira has more than 27 years of experience in the pharmaceutical, medical & health care businesses. He is also an experienced executive, backed by demonstrated success in building effective infrastructure, sales teams, marketing, and networks of industry connections. Over the course of his career, Teixeira has worked with major companies for which he held several senior positions such as director of Franchise Development with the Katz Group and VP of Sales & Marketing with Assure Pharmaco. He is also the founder of Mantex Enterprise, Inc. where he negotiated projects with companies such as Ranbaxy, Accord Healthcare, DUA Cardiac Networks, and Global Health Solutions providing leadership in sales management and business development.

“These appointments have been confirmed after careful consideration and diligence in order to optimize organizational performance and success. We are delighted to have such experience and professionalism join our team and welcome Mr. Coderre and Mr. Teixeira to Kallo,” Kallo president and COO Vince Leitao stated in the news release.

For more information, visit www.kalloinc.ca

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