Greg Peet

Greg Peet is an accomplished business leader, entrepreneur, angel investor, and corporate director specifically with technology companies. He specializes in creating customer-centric and operationally focused corporate cultures transforming early-stage companies from R&D organizations to viable commercial enterprises. Based in Surrey, British Columbia, Canada, Peet has built a four-decade career spanning medical imaging, satellite communications, and now environmental technology.

Peet earned a Bachelor of Commerce degree from UBC in 1976 and began his business career at Royal Bank of Canada from 1976 to 1985. From 1985-1993, he was President and CEO of NII Norsat International Inc., a broadcast communications equipment company, where his tenure was marked by the company being recognized as the fastest growing public company in Canada. Prior to Norsat, in 1993, he served as President and CEO of Enterprise Technologies Corp, a cable-television head-end equipment manufacturer.

Peet served as President and CEO of A.L.I. Technologies Inc. from 1993 onwards, leading the transformation from an R&D facility to a viable commercial enterprise with over 400 employees and annual revenues exceeding $100 million, resulting in a 2002 sale to McKesson Corp. for $526 million in cash, marking one of the most important transactions in the image management market. After joining McKesson to head their Medical Imaging Group, he grew annual revenues 200% over two years to $100 million entirely through internally generated growth.

Career History

• Executive Chairman at Axine Water Technologies (since 2013)
• Executive Chairman at Equicare Health (since 2010)
• VP and General Manager, McKesson Medical Imaging Group (2002-2004)
• President and CEO, A.L.I. Technologies Inc. (1993-2002)
• President and CEO, NII Norsat International Inc. (1985-1993)

In 2002, Peet was recognized as Ernst & Young's Pacific Entrepreneur of the Year, and in 2007, was appointed Person of the Year by the BC Technology Industry Association. He was recognized for his contribution to the province of BC through creating successful global enterprises and supporting local charitable activities. Peet serves on the Board of Governors of the University of British Columbia (ranked among the top 30 in the world).

What Greg Peet could bring to Axine Water Technologies: With his proven track record of scaling R&D-stage companies into market leaders generating over $100 million in annual revenue, Peet brings deep expertise in commercializing complex technologies. His success in executing a major corporate exit (the $526 million McKesson sale) and his experience growing teams from single digits to hundreds of employees positions him to guide Axine's expansion in the industrial wastewater treatment market, particularly in PFAS destruction technology. His operational discipline and customer-centric approach could accelerate Axine's commercialization and market adoption.