CIMdata PLM Industry Summary Online Archive

11 March 2008

Company News

Powerway Inc. Taps Jim Kanir for President, COO Role

Powerway, Inc. has named Jim Kanir as President and Chief Operating Officer.

The former CEO of Cohesia Corporation, Mr. Kanir represented Cohesia in the negotiations that led Powerway to acquire Cohesia in June of 2007. Since then, he has been involved in a consulting capacity to ensure the smooth integration of the two organizations. Kanir’s effectiveness in a consulting capacity prompted Powerway’s board of directors to invite him to assume the responsibilities of President and COO. In this new operating role, Mr. Kanir will work closely with H. Dave Chambliss, Powerway’s Chairman and CEO.

Mr. Chambliss believes Mr. Kanir is an ideal fit with the Powerway direction. "As we expand our market impact and take our company to the next level, Jim’s operating experience and strong record of achievement in sales and marketing are welcome additions to our management team’s capabilities. He has already proven himself invaluable during our transition. Along with the rest of Powerway’s board, I am enthusiastic about Jim’s participation as we address our ambitious plans for the future."

Domestically, Powerway is extending its reach in the aerospace market. Overseas, the company is partnering with organizations in Europe and Asia to establish a foothold in the automotive arena. Kanir’s primary focus will be to manage and drive the Company’s marketing and sales programs in the US and Europe.

Mr. Kanir has been involved with many technically-oriented companies and has focused on developing and executing fast growth strategies. He has worked with both large corporations and start-ups. Most recently, he positioned three out of his last four companies for acquisition, two of which were acquired by Fortune 500 firms.

"The sky is the limit for Powerway. We have a very exciting opportunity. The fusion of proven products and talented personnel are perfect complements with our plans for aggressive growth. I look forward to leveraging the success I have had with sales and marketing to help make Powerway a dominant player in our market," says Kanir.

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