TORONTO, Jan. 6, 2022 /CNW/ - NowVertical Group Inc.
(TSXV: NOW) ("NOW" or the "Company"), a global big
data analytics software and services company, today announced
several changes and appointments to its senior leadership team as
the Company prepares for further growth in 2022.
The Company is pleased to announce the appointment of
Sasha Grujicic as Chief Operating
Officer. In this role, Mr. Grujicic will be responsible for guiding
and building upon NOW's M&A vision, managing the day-to-day
operations of NOW and driving commercialization throughout the
organization. He will be working with the CEO and Founder,
Daren Trousdell, to acquire and
integrate new companies and assets.
Mr. Grujicic is a highly respected and well-known member of the
computing, technology, and business communities. He most recently
served as Chief Strategy Officer for 1QBit, an advanced quantum
computing company, working to tackle some of the world's most
complex problems using a revolutionary set of quantum and classical
technologies. Mr. Grujicic previously served as Chief Strategy
& Digital Officer at Dentsu Aegis Network, where he oversaw
corporate planning, group-level product and service development,
M&A evaluation, client and new business development, financial
analysis, and people management of its digital business. Mr.
Grujicic also serves as a board member of the Quantum Strategy
Institute.
"Sasha brings a powerful combination to the table. It's rare
that you can find someone with a wealth of knowledge and expertise
in the fields of future technologies, predictive and prescriptive
analytics, and quantum computing that can bring real hands-on
operational experience working with major networks at the same
time," said Daren Trousdell. "His
stewardship of our future growth and vision will be critical as we
move into the new year."
The Company is also pleased to announce the appointment of
Teri Anderson as Chief Financial
Officer of the Company. Ms. Anderson previously served as Chief
Financial Officer of Affinio Inc. ("Affinio") and has been a
consultant with the Company since its acquisition of Affinio on
November 1, 2021. With over 25 years
of financial, operations and leadership experience, Ms. Anderson
also brings significant experience in the data analytics and
software industry. She will replace John
Adamovich, who is retiring after serving as the Company's
Chief Financial Officer since completing its reverse takeover
transaction in the second quarter of 2021. Mr. Adamovich will
assist the Company in an advisory capacity to ensure
a smooth transition and will continue to serve on the Company's
board of directors (the "Board").
"As we move into the next phase of our development and growth,
it's important that we continue to add highly accomplished,
talented, and experienced people to our executive leadership team.
I am thrilled that we are able to attract such well-respected
leaders such as Sasha and Teri," said Daren
Trousdell. "They are joining our executive team at a very
exciting time, and I am confident they will be integral to
successfully executing our growth objectives and pursuit of M&A
opportunities in 2022 and beyond."
"I would also like to thank John for his dedication and
contributions to NOW throughout its early stages of rapid growth.
The Company is well-positioned due in no small part to his
strategic leadership and deep expertise. The Board and management
wish John the best in his retirement and look forward to his
continuing guidance as a valued member of our Board," said
Daren Trousdell.
The Company also announced today that Altaf Bahora has stepped down from his role as
Chief Technology Officer of the Company to pursue other
opportunities. The Board and management team would like to thank
Mr. Bahora for his contributions to the Company and wish him every
success in his future endeavours.
About NowVertical Group Inc.
NOW is a big data, Vertical Intelligence ("VI") software
and services company that is growing organically and through
acquisition. NOW's VI solutions are organized by industry vertical
and are built upon a foundational set of data technologies that
fuse, secure, and mobilize data in a transformative and compliant
way. The NOW product suite enables the creation of high value VI
solutions that are predictive in nature and drive automation
specific to each high value industry vertical. For more information
about the Company, visit www.nowvertical.com.
Forward–Looking Statements
This news release may contain forward–looking statements (within
the meaning of applicable securities laws) which reflect the
Company's current expectations regarding future events.
Forward-looking statements are identified by words such as
"believe", "anticipate", "project", "expect", "intend", "plan",
"will", "may", "estimate" and other similar expressions. These
statements are based on the Company's expectations, estimates,
forecasts and projections and include, without limitation,
statements regarding the future success of the Company's
business.
The forward-looking statements in this news release are based on
certain assumptions. The forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. A number of
factors could cause actual results to differ materially from the
results discussed in the forward-looking statements. Readers,
therefore, should not place undue reliance on any such
forward-looking statements. Further, these forward-looking
statements are made as of the date of this news release and, except
as expressly required by applicable law, the Company assumes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events or
otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE NowVertical Group Inc.