About Martello Martello Leadership

Jim Clark is Martello’s CEO. His scope of responsibility at Martello includes overseeing corporate strategy to grow the business and ensure the company’s position as a global industry leader. He also has oversight of IT and human resources. Jim has more than 25 years’ experience leading complex business transformations, mergers and acquisitions and building high-performance teams. Jim’s previous experience includes senior financial roles at CGI, HEXO and Symcor, and he holds a CPA designation and a Bachelor of Commerce degree from Concordia University.

Nicolae (Nick) Lungu is Martello’s VP Finance and Interim Chief Financial Officer. Mr. Lungu led Martello’s accounting team since 2018 as Director of Corporate Accounting, helping drive key acquisition, disposition, financing transactions, implementing corporate finance processes, structural changes and policies to enhance accounting, external reporting and financial efficiency, and in June 2024 was appointed VP Finance and Interim CFO, with responsibility for the leadership of the finance and accounting team. Mr. Lungu is a Chartered Professional Accountant in Canada and the US (CPA, CA and CPA Vermont).

Tracy King is the Vice President of Communications and Regulatory for Martello Technologies. Bringing more than 20 years of experience in technology B2B marketing, corporate communications and investor relations, Tracy is responsible for Martello’s corporate communications, investor relations, contract management and sales & marketing operations.

Prior to joining Martello, Tracy held marketing and communications positions at Precidia Technologies, an Ottawa-based payment technology company, NAV Canada and the Hon. John Manley, Minister of Industry Canada.

Tracy holds a degree in Political Science from Carleton University.

Sir Terence Matthews is the founder and Chairman of Wesley Clover, an investment vehicle and holding company. Terry has either founded or funded over 100 companies since 1972 including Newbridge Networks, a company he founded in 1986 and which became a leader in the worldwide data networking industry. In 1972, before launching Newbridge, Terry co-founded Mitel, a world leader in the design and manufacture of enterprise communications solutions. Wesley Clover now has interests in a broad range of next-generation technology companies, real estate, hotels and resorts.

In addition to being the Chairman of Wesley Clover, Terry is also Chairman or Director of a number of private and publicly traded companies.

Terry holds an honours degree in electronics from the University of Wales and is a Fellow of the Institute of Electrical Engineers and of the Royal Academy of Engineering. In 1994, he was appointed an Officer of the Order of the British Empire, and in the 2001 Queen’s Birthday Honours, he was awarded a Knighthood. In 2011, he was appointed Patron of the European Cancer Stem Cell Research Institute.

Jim Clark is Martello’s CEO. His scope of responsibility at Martello includes overseeing corporate strategy to grow the business and ensure the company’s position as a global industry leader. He also has oversight of IT and human resources. Jim has more than 25 years’ experience leading complex business transformations, mergers and acquisitions and building high-performance teams. Jim’s previous experience includes senior financial roles at CGI, HEXO and Symcor, and he holds a CPA designation and a Bachelor of Commerce degree from Concordia University.

An experienced CFO, he is known for financial leadership of TSX, NASDAQ and AIM listed companies in the technology, media and communications industries.

Previous roles include Chief Financial Officer of Redknee Solutions Inc. from March 2004 to March 2009 and a Director of Redknee Solutions Inc. from November 2007 to March 2009. Mr. Clarke holds a Masters of Business Administration (MBA) from the Ivey School of Business and is a Chartered Accountant with a CPA designation.

Don Smith, General Partner at Wesley Clover International is an accomplished senior executive with international experience. He has held senior executive roles in the hi-tech industry and was recognized as ‘CEO of the Year’ in 2010 by the Ottawa Business Journal and Telfer School of Management at Ottawa University. As CEO of Mitel from 2001 to 2011, Don was responsible for the company’s leadership in the emerging market for IP based business communications solutions and took the company public in 2010.

Don is a BSc. Engineering Graduate of Imperial College, London. Today, Don is focused on building successful growth companies by mentoring the entrepreneurial technology investments in the Wesley Clover Portfolio.

Paul Butcher, based in Ottawa, Canada, is a seasoned entrepreneur and business leader with 25+ years of experience driving growth and innovation in the tech sector. He co-founded HostedBizz, a cloud IT services firm catering to small and medium-sized businesses, which was successfully acquired in 2022.
During his tenure as President and COO of Mitel from 1999 to 2011, Paul played a pivotal role in the company’s transformation, including its Nasdaq listing. His strategic acumen also led to high-profile acquisitions, notably the $725M acquisition of Inter-tel. Paul’s visionary approach extended to expanding Mitel’s global sales reach and nurturing key tech partnerships with industry giants like HP, VMware, and RIM.

Alec Saunders is a software executive and entrepreneur who most recently led partner strategy for sustainability at Microsoft. In his 17-year tenure at Microsoft, he held progressively senior roles in partner strategy and development for early-stage products, startups and business applications. Over the last 35 years Alec has founded three companies, served as VP Ecosystem and Developer Relations at BlackBerry from 2011 to 2014, and spent 9 years at Microsoft in the 1990’s where he helped launch Windows 95, the first two versions of Internet Explorer, the Universal Plug and Play initiative, and the push into home markets.