HyLife CEO Retires and Passes Torch to Seasoned Successor  

January 8, 2024
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Our President and CEO, Grant Lazaruk, has announced his retirement as of February 29, 2024.

Grant’s contributions have been invaluable, and he leaves a legacy of community partnerships. He has been an integral part of HyLife, joining the company in 1997. As CEO since 2010, he guided HyLife through both prosperous and challenging times, ensuring its continued growth and resilience.

“We have a solid leadership team at HyLife. I feel the timing is right for me to transition and focus more on community-minded initiatives, such as the Southeast Event Centre in Steinbach, Manitoba. I want to continue to give back where I can, to support my neighbours and the place I call home.  I am also looking forward to spending more time with my family and grandchildren,” shared Lazaruk,  reflecting on his upcoming retirement.

We are pleased to announce that Karan Sangfai, currently serving as HyLife’s Chief Strategic Officer, will officially step into the position of President and CEO, on March 1, 2024. Since 2022, Karan has been a major part of the leadership team and has immersed himself in the Steinbach community over the past two years.  He is a seasoned global leader who harbors a deep understanding of the business and embodies company values.

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“I am honored to take on this role. It is a privilege to lead a company with such a strong reputation. On behalf of the shareholders, I would like to thank Grant for his many years of service to HyLife,” shared Sangfai.

“Grant has not only built a great company, but a great team with a collaborative culture. Our industry has recently faced challenges, but HyLife is strong and well-positioned.  I look forward to leading our company to new successes, carrying on our traditions and unwavering partnerships in the communities where we live and work.”

With Sangfai’s leadership, HyLife is poised to reach new heights and continue our commitment to excellence. We are confident that our outstanding team is focused on driving our company’s success for many years to come.

Congratulations to both Grant Lazaruk on his retirement and Karan Sangfai on his new role as President and CEO of HyLife.

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