Circa Enterprises Inc. announced the resignation of Mr. Ivan Smith as Chairman and CEO and the appointment of Mr. Grant Reeves as Interim Chief Executive Officer. After 27 years with Circa, 23 in the role of Chief Executive Officer, Ivan Smith is resigning his position as Chairman and CEO of the company, effective October 17, 2013. Mr. Smith will continue as a Director of Circa.

Effective the same date, Mr. Grant Reeves is appointed Interim Chief Executive Officer and Mr. Peter Bourgeois is appointed Chairman. Both Mr. Reeves and Mr. Bourgeois are members of the Board of Directors of Circa. Mr. Reeves is a Senior Vice President with the InterTech Group Inc. where he has served for the past 27 years as a manufacturing and financial executive with merger and acquisition, corporate finance and strategic planning experience.

Mr. Reeves was Chairman of Galvanic Applied Sciences Inc. until August 2013. Mr. Reeves had also previously served in the capacity of CEO of Galvanic.