TORONTO, April 24, 2012 /CNW/ - The SWI Board of Directors has announced the appointment of Nigel Fonseca to the position of Chief Executive Officer. Mr. Fonseca is the former Vice President of SWI's Energy Practice where he managed both the Energy Engineering and Energy IT business units. He has assumed the role of CEO as of April 2, 2012, succeeding SWI's previous CEO, David Tremaine.
Mr. Tremaine held the title of CEO for 6 years before retiring from the role at the end of March. He will remain at SWI in a consulting capacity and will continue to sit on the SWI Management Committee. In making the announcement Mr. Tremaine shared, "I thought seriously about this day and who my successor would be and I did not have to think for long. The decision to recommend Nigel Fonseca as my replacement came easily. I was happy when John Wherry {Founder and Chair of SWI} agreed with that choice, and even happier when Nigel subsequently accepted the role."
Mr. Fonseca has provided key contributions to the SWI Group of Companies across all business lines including establishing and maintaining many strategic relationships. He previously served as the Engineering Supervisor for Honeywell Process Solutions for 7 years delivering on key projects in the Oil and Gas sector, and has been an employee of the SWI Group of Companies for a total of 15 years. Mr. Fonseca holds a Bachelor of Applied Science (B.A.Sc.) in Chemical Engineering from the University of Toronto.
"Nigel is a tireless worker and is someone who is clearly committed to the SWI values," said Mr. Tremaine. "He is a strong leader to whom business is personal and his relationships with the employees and customers of SWI go deep. I have worked with him closely for many years and have always admired his tenacity, fairness and good judgment and believe that Nigel is going to be an excellent CEO."
On the transition to CEO, Mr. Fonseca said "I am energized by the confidence John and David have shown in me and the SWI management team. David is a great mentor and has done a remarkable job in sustaining growth and enhancing SWI's ability to execute on its strategic business directions. SWI is a company of boundless energy and innovation and we will continue to provide software services and solutions of the highest quality and value to our customers."
SWI is a full service software consulting company providing services spanning the entire development cycle from definition to delivery, to long term support. For over 34 years SWI has been an industry leader in providing innovative software solutions to the Financial, Nuclear Power, Energy Markets, Capital Markets, Oil and Transportation industries.
Ellen Clysdale
Marketing and Communications
SWI
(416) 932-4745
[email protected]
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