Ciscom Corp. Appoints Chief Executive Officer and Chief Financial Officer
Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), an ICT investment company focusing on AdTech and MarTech, has announced key leadership changes. Michel Pepin, previously President & CFO, has been appointed President and Chief Executive Officer. Frank Linhart, formerly with Prospect Media Group (PMG), a Ciscom subsidiary, has been named Chief Financial Officer.
The Board expressed confidence in these promotions, viewing them as important for Ciscom's growth and shareholder value. Mr. Pepin, with Ciscom since its inception, will focus on the company's M&A mandate. Mr. Linhart will maintain his role as VP Finance and Administration at PMG alongside his new CFO duties.
As part of their new agreements, Ciscom issued 675,000 stock options to Pepin and Linhart, exercisable at $0.10 per share for five years. Additionally, Tracy Hughes has resigned from the Board of Directors to focus on her business, InvestorNews.com.
Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), un'azienda di investimento ICT focalizzata su AdTech e MarTech, ha annunciato importanti cambiamenti nella leadership. Michel Pepin, precedentemente Presidente e CFO, è stato nominato Presidente e Amministratore Delegato. Frank Linhart, ex membro di Prospect Media Group (PMG), una sussidiaria di Ciscom, è stato nominato Direttore Finanziario.
Il Consiglio ha espresso fiducia in queste promozioni, considerandole fondamentali per la crescita di Ciscom e per il valore per gli azionisti. Il Sig. Pepin, con Ciscom sin dalla sua fondazione, si concentrerà sul mandato M&A dell'azienda. Il Sig. Linhart manterrà il suo ruolo di VP Finance e Administration presso PMG oltre ai suoi nuovi doveri di CFO.
Nell'ambito dei loro nuovi accordi, Ciscom ha emesso 675.000 stock option a Pepin e Linhart, esercitabili a $0,10 per azione per cinque anni. Inoltre, Tracy Hughes si è dimessa dal Consiglio di Amministrazione per concentrarsi sulla sua attività, InvestorNews.com.
Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), una empresa de inversión en ICT centrada en AdTech y MarTech, ha anunciado cambios clave en su liderazgo. Michel Pepin, anteriormente Presidente y CFO, ha sido nombrado Presidente y Director Ejecutivo. Frank Linhart, anteriormente de Prospect Media Group (PMG), una subsidiaria de Ciscom, ha sido nombrado Director Financiero.
La Junta expresó confianza en estas promociones, viéndolas como importantes para el crecimiento de Ciscom y el valor para los accionistas. El Sr. Pepin, quien ha estado en Ciscom desde su inicio, se centrará en el mandato de M&A de la empresa. El Sr. Linhart mantendrá su papel como VP de Finanzas y Administración en PMG junto con sus nuevas funciones de CFO.
Como parte de sus nuevos acuerdos, Ciscom emitió 675.000 opciones sobre acciones a Pepin y Linhart, ejercitables a $0,10 por acción durante cinco años. Además, Tracy Hughes ha renunciado a la Junta de Directores para centrarse en su negocio, InvestorNews.com.
Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), AdTech 및 MarTech에 중점을 둔 ICT 투자 회사가 주요 리더십 변동을 발표했습니다. 이전의 사장 겸 CFO인 미셸 페핀은 사장 겸 CEO로 임명되었습니다. 프랭크 린하르트는 Ciscom의 자회사인 Prospect Media Group (PMG)에서 근무한 이력이 있으며 최고재무책임자로 임명되었습니다.
이사회는 이러한 임명에 대한 신뢰를 표명하며, 이를 Ciscom의 성장과 주주 가치를 위해 중요한 것으로 보고 있습니다. Pepin은 Ciscom의 창립 멤버로서 회사의 M&A 업무에 집중할 것입니다. Linhart는 PMG에서의 재무 및 관리 담당副사장 직위를 유지하면서 새로운 CFO 역할도 맡게 됩니다.
그들의 새로운 계약의 일환으로 Ciscom은 Pepin과 Linhart에게 675,000개의 주식 옵션을 발행하였으며, 이는 주당 0.10달러에 5년간 행사할 수 있습니다. 또한, 트레이시 휴즈는 자신의 사업인 InvestorNews.com에 집중하기 위해 이사직에서 사퇴했습니다.
Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), une société d'investissement en TIC axée sur AdTech et MarTech, a annoncé des changements de leadership importants. Michel Pepin, précédemment Président et CFO, a été nommé Président et Directeur Exécutif. Frank Linhart, anciennement de Prospect Media Group (PMG), une filiale de Ciscom, a été nommé Directeur Financier.
Le Conseil a exprimé sa confiance dans ces promotions, les considérant comme essentielles pour la croissance de Ciscom et la valeur pour les actionnaires. M. Pepin, avec Ciscom depuis sa création, se concentrera sur le mandat de M&A de l'entreprise. M. Linhart conservera son rôle de VP Finance et Administration chez PMG en plus de ses nouvelles fonctions de CFO.
Dans le cadre de leurs nouveaux accords, Ciscom a émis 675.000 options d'achat d'actions à Pepin et Linhart, pouvant être exercées à 0,10 $ par action pendant cinq ans. De plus, Tracy Hughes a démissionné du Conseil d'Administration pour se concentrer sur son entreprise, InvestorNews.com.
Ciscom Corp. (CSE: CISC) (OTCQB: CISCF), ein Investmentunternehmen im ICT- Bereich mit Fokus auf AdTech und MarTech, hat wichtige Führungswechsel bekannt gegeben. Michel Pepin, zuvor Präsident und CFO, wurde zum Präsidenten und Chief Executive Officer ernannt. Frank Linhart, zuvor bei der Tochtergesellschaft Prospect Media Group (PMG), wurde zum Chief Financial Officer ernannt.
Der Vorstand drückte sein Vertrauen in diese Beförderungen aus und betrachtet sie als entscheidend für das Wachstum von Ciscom und den Wert für die Aktionäre. Herr Pepin, der seit der Gründung von Ciscom dabei ist, wird sich auf das M&A-Mandat des Unternehmens konzentrieren. Herr Linhart wird seine Rolle als VP Finance und Administration bei PMG neben seinen neuen CFO-Pflichten beibehalten.
Im Rahmen ihrer neuen Vereinbarungen hat Ciscom 675.000 Aktienoptionen an Pepin und Linhart ausgegeben, die zu einem Preis von 0,10 $ pro Aktie über einen Zeitraum von fünf Jahren ausgeübt werden können. Darüber hinaus hat Tracy Hughes ihren Rücktritt aus dem Vorstand erklärt, um sich auf ihr Geschäft, InvestorNews.com, zu konzentrieren.
- Appointment of experienced executives to key leadership positions
- Continuity in management with internal promotions
- Focus on M&A mandate and maximizing shareholder value
- Issuance of stock options aligning management interests with shareholders
- Resignation of a board member
Toronto, Ontario--(Newsfile Corp. - October 18, 2024) - Ciscom Corp. (CSE: CISC) (OTCQB: CISCF) ("Ciscom" or "the Company"), a company dedicated to investing in, acquiring, and managing businesses within the Information and Communication Technology ("ICT") sectors, and specializing in the AdTech and MarTech arena, is pleased to announce that it has appointed Michel Pepin as President and Chief Executive Officer, and has named Frank Linhart as Chief Financial Officer.
"The promotions are well deserved," commented Paul Gaynor, Chair of Ciscom. "The Board is extremely pleased with the appointment as they continue to pave the way for Ciscom's next growth phase, and enhanced shareholder value."
Mr. Pepin has been part of Ciscom since its inception four years ago, having previously served as Ciscom President & CFO. He has been the key person building the business from the ground up to its current prominence in the AdTech/MarTech M&A sector. As President & CEO, Mr. Pepin's will be able to focus on the Company's M&A mandate and on maximizing shareholder value.
Mr. Linhart joined Prospect Media Group ("PMG"), a wholly owned subsidiary of Ciscom in 2016. He will remain Vice President Finance and Administration of PMG in addition to his new responsibilities as CFO of the Company. The appointment will ensure the continuity of financial operations.
"Michel has guided and built the business with sure hands since day one," said Ciscom Chair Paul Gaynor. "He has been and continues to be the public face of the Company. Michel brings a unique combination of business acumen to Ciscom, covering all facets of the Company's business. Frank has been one of the foundation pillars at PMG over the last eight years bringing his business and financial expertise to the organization, improving operations and financial results. With Michel and Frank working hand in hand, we have an exceptional management team to deliver on the Company's mandate."
As part of Messrs. Pepin and Linhart new employment agreements, the Company issued a total of 675,000 options to purchase common shares in the capital of the Company (each, an "Option"). The Options were issued pursuant to the Company's stock option plan, vested immediately, and are exercisable at a price of
Board Resignation:
The Company is also announcing that Tracy Hughes has resigned from the Board of Directors in order to focus on the new expansion of her business, InvestorNews.com. The Company is thankful for Mrs. Hughes's key contributions and wishes her the best of successes.
About Ciscom Corp.
Ciscom actively invests in, acquires, and manages market leading companies within the Information and Communication Technology ("ICT") sector, and specializing in the AdTech and MarTech arena, targeting SMEs with proven profitability. This approach allows entrepreneurs to monetize their equity and continue contributing, enhancing shareholder value through acquisitions. As a leader in omni-media, particularly in data-driven marketing, Ciscom, through its subsidiaries, optimizes advertising spend across platforms, ensuring high ROI and customer engagement. Strategic ICT acquisitions bolster service offerings and shareholder value, marking Ciscom as an emergent force in the data driven and technology market. Ciscom became an issuer in June 2023 on the CSE and October 2023 on the OTCQB. Ciscom has two subsidiaries, namely Market Focus Direct and Prospect Media Group. For more information, visit CiscomCorp.com
For more information, contact:
Michel Pepin
President, CEO and Director, Ciscom Corp.
mpepin@ciscomcorp.com
(416) 366 9727
@CiscomCorp
Cautionary Statement
This news release contains certain statements that constitute forward-looking statements as they relate to Ciscom and its management. Forward-looking statements are not historical facts but represent management's current expectation of future events and can be identified by words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "should", "continues" and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct or will come to pass. Forward-looking statements include statements and information regarding any anticipated investing in or acquisition of additional companies in the ICT sector, the anticipated development or trend of the capital markets and the size of corporate entities such markets may favour, any expected opportunities which may become available to Ciscom and the ability or choice of Ciscom to avail itself thereof, any expected competitive advantage which Ciscom may have, any expected increase of or change in shareholder value, any expected growth in Ciscom's assets or value, whether by acquisition or other means, any expected continuance of Ciscom's relations with its banking and other business partners and any expected maintenance of the quality thereof, the quality and continuance of Ciscom's financial management and governance standards, any expected continuity in financial operations, any continuance of the CEO or CFO in their respective offices, any expected quality or results of the Company's officer appointments, any expected accomplishment of the Company's mandate, including expectations of operational excellence, expectations of optimized advertising spend, high returns on investments for customers and high levels of customer engagement, future expectations of growth and profits, any ranking of Ciscom relative to comparable companies and competitors, future grants of equity incentive awards, future payments of dividends, the future plans for the Company, and other forward-looking information.
By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions, or events to differ materially from those in the forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including but not limited to: general commercial risks inherent to operating non-manufacturing businesses; the capital requirements of the Company and ability to maintain adequate capital resources to carry out its business activities; the ability to identify ICT target acquisitions and complete such transactions on an economic basis or at all, and successfully integrate those businesses; the ability and willingness of the Company's officers to fulfill the duties of their offices and to deliver on the Company's mandate; dependence on key personnel and the ability of the Company's officers to depart from the Company; the ability to convert the potential in the pursued business opportunities to tangible benefits to the Company or its shareholders; risks of a material adverse change to the Company's assets or revenue; stock market, interest rate and debt market volatility; changing capital market valuations; the ability of the Company to continue as a going concern; the Company's early stage of development; potential losses on investments; unstable and potentially negative economic conditions; fluctuations in interest rates; competition for investments within the ICT sector; maintenance of client relationships; maintaining a listing on the Canadian Securities Exchange; risks related to potential dilution in the event of future financings; no previous public market for the shares; volatility of the market price for the Company's securities; audit risk; litigation risk and risk of future legal proceedings; jurisdictional and regulatory risk; lack of operating cash flow; volatility; additional funding requirements; adverse general economic conditions; competition; conflicts of interest; the early stage of Ciscom's business; income tax matters; availability and terms of financing; rising costs related to inflation; and effects of market interest on price of securities and potential dilution; and those factors detailed in the Company's prospectus dated June 5, 2023 and other public documents filed under Ciscom's profile at www.sedarplus.ca. Ciscom has also assumed that no significant events occur outside of Ciscom's normal course of business.
Ciscom cautions that the foregoing list of factors is not exhaustive. In addition, although Ciscom has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on Ciscom's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Ciscom has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Ciscom as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Ciscom does not undertake to update this information at any particular time except as required in accordance with applicable laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/226994
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