Smart Employee Benefits Inc. announced that at its annual shareholder meeting held on May 30, 2017 two new directors, Philip Armstrong and Michael Pesner were elected to the Board and one Board member moved to the Advisory Board. Mr. Armstrong founded and directed Altamira Investment Services Inc. Mr. Pesner is a CPA, CA and is President of Hermitage Canada Finance Inc. Previously, Mr. Pesner was a Senior Partner in Financial Advisory Services at the Montreal offices of KMPG, prior to which he was National Executive, Corporate Recovery Partner at KMPG's predecessor firm Thorne Ernst & Whinney. Mr. Simone is a founding shareholder of SEB and has been on the board since inception. He has now moved from the public Board of Directors to the Advisory Board, where he will be able to help the Company under a different setting.