OAKVILLE, ON., Jan. 14, 2014 – After founding LaserNetworks 27 years ago, president Chris Stoate has announced he will retire from the company effective January 31, 2014.

A managed print services (MPS) pioneer, Stoate led the innovative MPS company for 27 years and was responsible for developing solutions and programs that heralded the arrival of the MPS industry. After years of growth for the company in the US and Canada, LaserNetworks was sold to Xerox in January 2012, and continues to offer its market-leading, brand-agnostic MPS programs and business process improvement solutions as an autonomous business unit.

“I have enjoyed working with Chris over the past two years to transition the business in a seamless fashion,” said Mandy Shapansky, president & CEO, Xerox Canada.  “Chris has left us with the company’s traditions of innovation and customer service, and I know I join all my Xerox and LaserNetworks colleagues in wishing him well in his future endeavors.”

“The successful transition of the business to new ownership has opened up this opportunity for me to pursue new ventures,” Stoate said. “The business is well positioned to add greater value to clients.”

Replacing Stoate, Mike Tulk, LaserNetworks’ vice president of sales, has been named the new managing director responsible for all operational aspects of the business. With 20 years of LaserNetworks experience amongst them, Tulk will lead the company with his senior leadership team of Chris Pigott, chief operating officer, and Trevor Moses, vice president of operations.

“Content continues to overwhelm and challenge organizations of all sizes in Canada,” Tulk said. “I’m eager to continue building upon Chris’ ground-breaking work in helping clients reduce the burden of paper. I look forward to enhancing our value to clients moving forward.”