SMART Technologies Appoints Robert Hagerty As Acting Chairman Of Board

(RTTNews) - SMART Technologies Inc. (SMA.TO, SMT), a provider of collaboration solutions, Monday said David Martin, Chairman of the Board, and Nancy Knowlton, have resigned from the company's Board of Directors, effective April 17.

Robert Hagerty has been appointed by the Board of Directors as Acting Chairman of the Board, effective immediately.

Hagerty has been on the Board of the company since July 2010, and has been the Lead Independent Director since June 2011.

Further, all issued and outstanding Class B shares of the company have automatically converted into single vote Class A Subordinate Voting Shares, effective with the resignations of Martin and Knowlton.

The company no longer has any issued and outstanding Class B shares that carry multiple voting privileges and no further Class B shares are permitted to be issued by the company.