Cygnal's CFO quits; debt restructured

MARKHAM – Services and equipment supplier Cygnal Technologies Corporation today announced that David J. Horsley, senior vice-president and CFO, has resigned his position effective October 14 to pursue a similar role at another public company. The release did not name the company. Michael Conway will now begin working with Cygnal in a transitional role and will assume the title of CFO on an interim basis beginning October 14. Conway, who has served as a Cygnal director and the chair of its audit committee since June 2004, will resign his position on that committee but will remain a member of the...