OTTAWA, Ontario, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other strategic critical infrastructure sectors, today announced the appointment of Will Majic as acting Chief Financial Officer, effective immediately.
"Will is a proven financial leader with deep knowledge of our business and a track record of disciplined execution," said Patrick Houston, Chief Executive Officer of Calian. "He has been instrumental in strengthening our financial foundation, supporting our acquisition strategy, and enabling the significant growth we have achieved over the past several years. As we continue to scale and execute against our long-term strategy, I have full confidence in Will's ability to lead our finance organization with rigor and focus."
Majic joined Calian in 2017 and currently serves as Vice President, Finance. He previously held the roles of Director of Finance and Controller. During his tenure, Calian has grown from approximately $275 million in annual revenue to more than $750 million. He has led finance due diligence and integration for 19 acquisitions, supported two equity financings totaling $150 million, and played a key role in establishing a $350 million syndicated credit facility. He also led enterprise-wide ERP implementation and enhanced internal controls, reporting standards and cash flow management to support the company's expanding operations.
A Chartered Professional Accountant, Majic holds a Bachelor of Commerce from Carleton University, graduating with honours in accounting.
"I am honoured to serve as CFO at this pivotal time for Calian," said Majic. "With a strong balance sheet, disciplined capital allocation framework and a highly capable finance team, we are well positioned to support our next phase of growth. I look forward to partnering with Patrick and the leadership team to drive operational excellence, execute our strategy and deliver sustained long-term value for our shareholders."
About Calian
www.calian.com
For over 40 years, Calian has delivered mission-critical solutions when failure is not an option. Trusted worldwide, we empower organizations in critical industries to overcome obstacles, manage risks and drive progress. By combining the expertise of our people, proven industry insight, cutting-edge technology, bold innovation and global reach, we deliver tailored solutions that solve complex challenges. Headquartered in Ottawa, Canada, with over 6,000 people around the world, Calian's solutions protect lives, strengthen security, foster global connectivity and drive economic progress, making a lasting impact where and when it matters most.
Product or service names mentioned herein may be the trademarks of their respective owners.
Calian:
media@calian.com
613-599-8600
Calian Investor Relations inquiries:
ir@calian.com
DISCLAIMER
Certain information included in this press release is forward-looking and is subject to important risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Such statements are generally accompanied by words such as "intend", "anticipate", "believe", "estimate", "expect" or similar statements. Factors which could cause results or events to differ from current expectations include, among other things: the impact of price competition; scarce number of qualified professionals; the impact of rapid technological and market change; loss of business or credit risk with major customers; technical risks on fixed price projects; general industry and market conditions and growth rates; international growth and global economic conditions, and including currency exchange rate fluctuations; and the impact of consolidations in the business services industry. For additional information with respect to certain of these and other factors, please see the Company's most recent annual report and other reports filed by Calian with the Ontario Securities Commission. Calian disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. No assurance can be given that actual results, performance or achievement expressed in, or implied by, forward-looking statements within this disclosure will occur, or if they do, that any benefits may be derived from them.
Calian · Head Office · 770 Palladium Drive · Ottawa · Ontario · Canada · K2V 1C8
Tel: 613.599.8600 - Fax: 613-592-3664 - General info email: info@calian.com
