AVCT Names New Chief Product Officer and Chief Revenue Officer To Focus On Cloud Collaboration Through The Kandy Platform

Rhea-AI Summary

American Virtual Cloud Technologies (Nasdaq: AVCT) has announced key changes in its management team as of May 3, 2022. The company appointed Jay Patel as Chief Product Officer and Chris Koeneman as Chief Revenue Officer, both reporting directly to CEO Darrell J. Mays. Kevin Keough transitions to Chief Transformation Officer. These appointments aim to enhance the cloud communications strategy for Kandy. The recent sale of the Computex business unit allows AVCT to focus solely on cloud communications, positioning the company for increased shareholder value.

Positive

• Appointment of Jay Patel as Chief Product Officer and Chris Koeneman as Chief Revenue Officer enhances leadership team.
• Transition to a pure-play cloud communications company following the sale of the Computex business unit.

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• None.

ATLANTA, May 03, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (Nasdaq: AVCT) (the “Company”) today announced several changes to its management team, including the addition of two new senior executives: Chief Product Officer Jay Patel and Chief Revenue Officer Chris Koeneman who will both report directly to AVCT’s Chief Executive Officer Darrell J. Mays. Kevin Keough transitioned from the role of President into the role of Chief Transformation Officer and is also reporting to Mr. Mays.

“Jay and Chris bring a wealth of relevant industry experience and expertise to our cloud-based, real-time communications platform Kandy that will be instrumental in helping drive a new strategy going forward,” said Mr. Mays. “In recent months, Kandy has developed and aligned around a refined cloud communications strategy; Kevin’s role will be to work with the team to drive the comprehensive transformation to this new strategy,” said Mays.

Mr. Patel joins Kandy following his role as Chief Product Officer at Vonage where he led the product management for Unified Communications as a Service (UCaaS), Contact Center as a Service (CCaaS), and Communications platform as a Service (CPaaS) product lines. Mr. Patel spent 27 years with Motorola and Motorola Mobility, ultimately serving as the Vice President of Strategy following Motorola Mobility’s sale to Google and Vice President of Engineering, following the division’s sale to Lenovo. He holds a Bachelor of Science in Electrical Engineering from the University of Illinois at Chicago.

“We are in the middle a transformation of business communications to the cloud. I’m excited to be part of the Kandy team that is uniquely positioned to help accelerate this transformation,” said Mr. Patel.

Mr. Koeneman is an international sales and marketing executive who brings extensive experience with both public and private companies to Kandy. He most recently served as Vice President of Worldwide Sales and Marketing for Aware, Inc, where he oversaw significant revenue growth and an expansion to cloud services. Prior to Aware, Mr. Koeneman held several senior sales positions in technology corporations including Cisco Systems, Avici Systems, ADTRAN, and MOBI, which was acquired by Tangoe. He holds a Bachelor of Arts degree in Political Science and Journalism from Indiana University and completed his Master’s in Business Administration at Georgia State University.

“Kandy is bringing to market the innovation that allows a dispersed, work-from-anywhere enterprise to collaborate and operate efficiently. I am pleased to be part of the Kandy team that will transform cloud communications,” said Mr. Koeneman.

AVCT previously announced the sale of its Computex business unit to Calian Group, completing AVCT’s transition to a pure-play cloud communications and collaboration company.

“With these strategic changes to our leadership team, I am confident the Company is well-positioned to maximize the Kandy platform’s core competencies in cloud communications to drive shareholder value,” said AVCT’s Chairman of the Board Michael Tessler.

About American Virtual Cloud Technologies, Inc.
American Virtual Cloud Technologies, Inc. is a premier global cloud communications offering proprietary UCaaS, CPaaS, and CCaaS capabilities. Our mission is to provide global technology solutions with a superior customer experience. For more information, visit https://www.avctechnologies.com.

About Kandy
Kandy is a cloud-based, real-time communications platform offering proprietary UCaaS, CPaaS, CCaaS, Microsoft Teams Direct Routing as a Service, and SIP Trunking as a Service capabilities. Kandy enables service providers, enterprises, software vendors, systems integrators, partners, and developers to enrich their applications and services with real-time contextual communications, providing a more engaging user experience. With Kandy, companies of all sizes and types can quickly embed real-time communications capabilities into their existing applications and business processes. For more information visit https://kandy.io

Contact:
Info@avctechnologies.com

 

FAQ

What recent management changes were announced by AVCT?

On May 3, 2022, AVCT appointed Jay Patel as Chief Product Officer and Chris Koeneman as Chief Revenue Officer.

What impact does the sale of Computex have on AVCT?

The sale of Computex allows AVCT to focus solely on cloud communications, enhancing its strategic direction.

Who are the new executives at AVCT?

The new executives at AVCT include Jay Patel as Chief Product Officer and Chris Koeneman as Chief Revenue Officer.

How will the new management team affect AVCT's cloud strategy?

The new management team is expected to drive a refined cloud communications strategy for the Kandy platform.

When was the press release regarding AVCT's management changes issued?

The press release was issued on May 3, 2022.