OTTAWA, Canada: Today the Giatec Board of Directors announced that Paul Loucks has accepted the role as new Chief Executive Officer (CEO). Current Co-Founders, CEO Aali R. Alizadeh and President Pouria Ghods, will now oversee research and product development activities, building upon the company’s success to date. Giatec’s revolutionary concrete testing solutions have now been used in over 3,000 projects across 80 countries.
This is an incredibly exciting time to join Giatec; the company’s impressive corporate growth is the result of an exceptional product offering, a thriving, large, addressable market, and a dynamic team”, said Loucks. “I am honoured and excited to help build another successful global player for Ottawa.”
Loucks was formerly CEO of Halogen, a market leader of talent management software solutions. Under his watch, the company grew to 450 employees and $60M USD in annual revenue. In 2013, Halogen had a successful IPO, raising over $60M, and completed a secondary offering, raising another $21M. Paul was recognized by the Ottawa Business Awards in 2013 as CEO of the Year. Since departing Halogen in 2015, Loucks has been coaching CEO’s across the country on their corporate strategies.
“Coming off a record sales quarter, fueled by robust international growth, it’s the perfect time to bring in a seasoned business leader,” says Aali R. Alizadeh, Co-Founder of Giatec. “Paul is the perfect choice to help fulfill our vision for Giatec, which is to drive innovations that completely transform the way we build cities and infrastructures.”
This is an incredibly exciting time to join Giatec; the company’s impressive corporate growth is the result of an exceptional product offering, a thriving, large, addressable market, and a dynamic team. – Paul Loucks
Giatec is revolutionizing the construction industry by bringing smart concrete testing technologies and real-time data collection to the forefront of every job site. Giatec has a full range of hardware and software products which analyzes data during the design, production, delivery, placement, service, and life cycle of concrete structures. The company’s Internet of Things (IoT) sensor, SmartRock®, was the world’s first wire-free concrete sensor which measures concrete temperature and strength in real-time.
“Giatec is now a serious contender on the world stage for construction technology solutions,” says Ron Tomlinson, CEO of Tomlinson Group and Smart Concrete™ partner. “At Tomlinson, we are committed to building communities that are based on innovative, smart, and sustainable infrastructure, and Giatec is helping us achieve that goal.”
Giatec recently received a combined $3.2M investment from the Canadian Government to further study how its technology can reduce the amount of CO2 emissions associated with concrete production. Giatec was recognized in 2018 as one of the country’s fastest-growing companies by Canadian Business Magazine and one of Ottawa’s fastest growing companies by the Ottawa Business Journal.