WesternOne Inc. announced the sudden passing of founding director and Chief Executive Officer Darren Latoski. Mr. Latoski fought a valiant battle with cancer and was active in his role with the company until his death. The Board intends to proceed with a process to hire a new CEO immediately.

In the interim, until further notice and consistent with the Board's succession plan, Mr. King has been appointed the company's acting CEO. Mr. King has been Chairman of the company as well as its predecessor since the initial public offering.