Quarterhill Inc. announced that Bret Kidd will step down as CEO, effective immediately. John Gillberry, who is currently Chair of the Board, has been named Interim CEO. Quarterhill's Board has formed a CEO search committee to conduct a search to select the company's next CEO and will be engaging an executive recruiting firm to assist with this process.

Mr. Gillberry is expected to remain Interim CEO until such time as a new CEO is appointed.