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Parkit appoints Bryan Wallner as CEO

ParkitParkit Enterprise Inc., an alternative real estate investment firm, appointed Bryan Wallner as its president and CEO and Nigel Kirkwood as its chief financial officer.

Mr. Wallner has served as the Company's interim CEO since June 2, 2016 and has over 27 years of parking industry experience across North America.

Mr. Wallner began his parking career in 1987 as a parking operations manager and ultimately was appointed President and Chief Operations Officer of Imperial Parking (Impark).

Mr. Wallner was part of the management team that took Impark public in 2000 and then completed a privatization of the company in 2005.

Following the restructuring of Impark in 2009, Mr. Wallner consulted in the parking industry for the duration of his non-compete agreement with Impark before joining Standard Parking as a senior executive responsible for strategic planning, key account management and acquisition integration.

Most recently, Mr. Wallner undertook the role of CEO at the Roofing Contractors Association of British ColumbiaRoofing Contractors Association of British Columbia.

Mr. Kirkwood has served as the Company's interim CFO since June 2, 2016 and has over 20 years of international experience working in accounting, mergers and acquisitions and corporate finance advisory services.

Mr. Kirkwood spent 16 years based in London, England where he was a Director at Citigroup focused on Mergers & Acquisitions and advised on projects with a completed value of $25 billion.

In 2009, Mr. Kirkwood relocated to Vancouver where he provides consulting and management services to several companies listed on the TSX and TSX Venture Exchanges. Since December 2012, he has been the CFO at Baja Mining Corp. acting as a key figure in the restructuring of the company.

More recently, in May 2015, Mr. Kirkwood undertook the role of CFO at Levon Resources Ltd. where his experience and leadership contributed greatly to the management team during the reverse take-over transaction with SciVac Therapeutics Ltd. (now VBI Vaccines Inc.;) and simultaneous spin-out of the exploration mining businesses to a newly incorporated and listed entity, renamed Levon Resources.

The Company also announces that Richard Baxter, Patrick Bonney and Simon Buckett have left the Company.


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