NowVertical Group Inc. ("NowVertical" or the "Company"), a data and AI solutions and services provider, today announced that the board of directors of the Company (the "Board") has appointed Andre Garber, the Company's Chief Development Officer as Interim Chief Executive Officer of the Company, effective immediately. To support a new and exciting phase of growth underpinned by NowVertical's deliberate positioning and bolstered by industry tailwinds, the Board, led by Chair Elaine Kunda, has commenced a search for a permanent CEO.
NowVertical appoints Andre Garber as Interim CEO, effective immediately.
Garber is a co-founder of the business and previously served as Chief Development Officer.
Board has commenced search for permanent CEO with enterprise data and AI transformation expertise.
Garber supported by senior leadership team including market leaders Santiago Trógolo (EVP LATAM) and Shailesh Mallya (EVP Solutions & Services).
Former CEO Sandeep Mendiratta has concluded his tenure as CEO.
NowVertical is listed on TSX-V: NOW.
The Board anticipates that the Company's next permanent leader will have experience and expertise in leading enterprise data and AI transformation conversations, while continuing to scale a global multi-geography services business profitably, and drive both M&A integration and organic growth.
Mr. Garber as a co-founder of the business and its CDO, has played an important stewardship role during times of transition at the Company. He will be supported in his role by NowVertical's strong and experienced senior leadership team, including market leaders Santiago Trógolo, EVP LATAM and Shailesh Mallya, EVP Solutions & Services, as well as Pankaj Ghag, EVP Program Delivery and Operations.
"In a dynamic and ever-evolving business environment, the Board has maintained a well-established track record of ensuring NowVertical has the right leaders in place to support the growth of business," said Elaine Kunda, Board Chair. "We are grateful to Andre for his continued stewardship while we transition to new leadership at an exciting time in our history as a company."
"Our customers, employees and shareholders can rest assured that our team remains laser focused on executing on the exciting opportunity set in front of us," said Andre Garber, Interim CEO. "Our business remains strong and we continue to announce the achievement of new milestones. We remain well positioned to continue to execute on strong and growing demand for AI-infused solutions and delivery."
NowVertical also announced that the Company's former CEO Sandeep Mendiratta has concluded his tenure as CEO.
About NowVertical Group Inc.
NowVertical is a global data and analytics company which helps clients transform data into tangible business value with AI, fast. Offering a comprehensive suite of solutions and services, the Company enables clients to quickly harness the full potential of their data, driving measurable outcomes and accelerating potential return on investment. Enterprises optimize decision-making, improve operational efficiency, and unlock long-term value from their data using the Company's AI-infused first-party and third-party technologies. The Company's scalable AI-infused delivery model enables the business to efficiently deliver data, analytics and AI solutions and services across industries and geographies.
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