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Gorilla Supercharges Leadership with the Appointment of Bruce Bower as Interim CFO

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Gorilla Technology Group Inc. (NASDAQ: GRRR) has appointed Bruce Bower as Interim Chief Financial Officer (CFO). With over 20 years of experience in strategic financial management, capital raising, and corporate governance, Bower joins Gorilla at a important growth phase. His responsibilities will include overseeing financial operations, strategic planning, budgeting, and investor relations. Bower will also lead efforts to optimize Gorilla's capital structure and ensure rigorous financial governance as the company expands globally.

Jay Chandan, Chairman & CEO of Gorilla Technology Group, expressed excitement about Bower's appointment, highlighting his expertise in securing substantial capital and strategic vision. Bower, in turn, shared his enthusiasm for joining Gorilla's executive team, emphasizing his commitment to aligning financial strategy with the company's ambitious goals and driving operational excellence to power global expansion.

Gorilla Technology Group Inc. (NASDAQ: GRRR) ha nominato Bruce Bower come Chief Financial Officer (CFO) ad interim. Con oltre 20 anni di esperienza nella gestione finanziaria strategica, raccolta di capitali e governance aziendale, Bower si unisce a Gorilla in una fase di importante crescita. Le sue responsabilità includeranno la supervisione delle operazioni finanziarie, la pianificazione strategica, il budgeting e i rapporti con gli investitori. Bower guiderà anche gli sforzi per ottimizzare la struttura del capitale di Gorilla e garantire una rigorosa governance finanziaria mentre l'azienda si espande a livello globale.

Jay Chandan, Presidente e CEO di Gorilla Technology Group, ha espresso entusiasmo per la nomina di Bower, evidenziando la sua esperienza nel garantire capitali sostanziali e nella visione strategica. Bower, a sua volta, ha condiviso il suo entusiasmo per far parte del team esecutivo di Gorilla, sottolineando il suo impegno nell'allineare la strategia finanziaria agli ambiziosi obiettivi dell'azienda e nel promuovere l'eccellenza operativa per sostenere l'espansione globale.

Gorilla Technology Group Inc. (NASDAQ: GRRR) ha nombrado a Bruce Bower como Chief Financial Officer (CFO) interino. Con más de 20 años de experiencia en gestión financiera estratégica, recaudación de capital y gobernanza corporativa, Bower se une a Gorilla en una fase de importante crecimiento. Sus responsabilidades incluirán la supervisión de las operaciones financieras, la planificación estratégica, la elaboración de presupuestos y las relaciones con los inversores. Bower también liderará los esfuerzos para optimizar la estructura de capital de Gorilla y garantizar una rigurosa gobernanza financiera a medida que la empresa se expande a nivel global.

Jay Chandan, Presidente y CEO de Gorilla Technology Group, expresó su entusiasmo por la nombramiento de Bower, destacando su experiencia en asegurar capital sustancial y su visión estratégica. Bower, a su vez, compartió su entusiasmo por unirse al equipo ejecutivo de Gorilla, enfatizando su compromiso de alinear la estrategia financiera con los ambiciosos objetivos de la compañía y promover la excelencia operativa para impulsar la expansión global.

고릴라 기술 그룹 주식회사(NASDAQ: GRRR)는 브루스 바우어를 임시 최고 재무 책임자(CFO)로 임명했습니다. 20년 이상의 전략적 재무 관리, 자본 조달 및 기업 거버넌스 경험을 갖춘 바우어는 고릴라의 중요한 성장 단계에 합류합니다. 그의 책임에는 재무 운영 감독, 전략 계획, 예산 책정 및 투자자 관계가 포함됩니다. 바우어는 또한 고릴라의 자본 구조를 최적화하고 회사가 글로벌로 확장할 때 엄격한 재무 거버넌스를 보장하는 노력을 이끌 것입니다.

고릴라 기술 그룹의 회장 겸 CEO인 제이 찬단은 바우어의 임명에 대해 흥분을 표하며 그가 상당한 자본을 확보한 경험과 전략적 비전을 강조했습니다. 바우어는 고릴라의 경영팀에 합류하게 되어 기쁘며, 회사의 야심찬 목표에 재무 전략을 맞추고 글로벌 확장을 위한 운영 우수성을 이끌겠다는 약속을 강조했습니다.

Gorilla Technology Group Inc. (NASDAQ: GRRR) a nommé Bruce Bower comme Directeur Financier (CFO) par intérim. Fort de plus de 20 ans d'expérience en gestion financière stratégique, collecte de fonds et gouvernance d'entreprise, Bower rejoint Gorilla à une phase de croissance importante. Ses responsabilités incluront la supervision des opérations financières, la planification stratégique, l'élaboration de budget et les relations avec les investisseurs. Bower dirigera également les efforts pour optimiser la structure du capital de Gorilla et garantir une gouvernance financière rigoureuse à mesure que l'entreprise se développe à l'international.

Jay Chandan, Président et CEO de Gorilla Technology Group, a exprimé son enthousiasme pour la nomination de Bower, mettant en avant son expertise dans l'obtention de capitaux substantiels et sa vision stratégique. Bower, quant à lui, a partagé son enthousiasme pour rejoindre l'équipe exécutive de Gorilla, en soulignant son engagement à aligner la stratégie financière avec les objectifs ambitieux de l'entreprise et à promouvoir l'excellence opérationnelle pour favoriser l'expansion mondiale.

Die Gorilla Technology Group Inc. (NASDAQ: GRRR) hat Bruce Bower zum Interim Chief Financial Officer (CFO) ernannt. Mit über 20 Jahren Erfahrung in strategischem Finanzmanagement, Kapitalbeschaffung und Unternehmensführung tritt Bower in eine wichtige Wachstumsphase von Gorilla ein. Zu seinen Aufgaben gehören die Überwachung der finanziellen Abläufe, strategische Planung, Budgetierung und Investor Relations. Bower wird auch die Bemühungen leiten, die Kapitalstruktur von Gorilla zu optimieren und eine strenge finanzielle Governance sicherzustellen, während das Unternehmen global expandiert.

Jay Chandan, Chairman & CEO der Gorilla Technology Group, äußerte seine Begeisterung über die Ernennung von Bower und hob seine Expertise in der Sicherung erheblichen Kapitals und strategischen Vision hervor. Bower hingegen teilte seine Vorfreude, Teil des Führungsteams von Gorilla zu werden, und betonte sein Engagement, die Finanzstrategie mit den ehrgeizigen Zielen des Unternehmens in Einklang zu bringen und operative Exzellenz zu fördern, um die globale Expansion voranzutreiben.

Positive
  • Appointment of experienced CFO with over 20 years in strategic financial management
  • Potential for improved financial operations and strategic planning
  • Expertise in capital raising and corporate governance
  • Alignment of financial strategy with company's growth goals
Negative
  • Interim nature of the CFO appointment may indicate temporary leadership

London, United Kingdom--(Newsfile Corp. - September 3, 2024) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company") is pleased to announce the appointment of Bruce Bower as Interim Chief Financial Officer (CFO). A seasoned finance executive, he brings over two decades of robust experience in strategic financial management, capital raising and corporate governance to Gorilla at a crucial juncture in the company's growth trajectory.

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Bruce Bower – Interim CFO 

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Bruce has a distinguished track record of driving financial excellence across diverse industries. His expertise extends to strategic financial planning, where he has consistently delivered results by refining financial models, optimising cash flow and guiding long-term budgeting strategies. Bruce has also been pivotal in managing complex financial operations, including performance monitoring, shareholder documentation and legal support for fundraising activities.

In his role as Interim CFO at Gorilla, Bruce will be responsible for overseeing all financial operations, including financial reporting, strategic planning, budgeting and investor relations. He will also lead efforts to optimise Gorilla's capital structure, drive financial strategy and ensure rigorous financial governance as the company continues its aggressive expansion into global markets.

"We are absolutely elated to have Bruce Bower join the Gorilla leadership team," said Jay Chandan, Chairman & CEO of Gorilla Technology Group. "Bruce's exceptional financial expertise and his remarkable track record in securing substantial capital are exactly what we need as we enter this dynamic phase of growth. His strategic vision and leadership are set to propel our financial operations to new heights, enabling us to scale rapidly and deliver unprecedented value to our stakeholders. Bruce is the perfect fit to drive our ambitious goals forward with vigour and precision."

Bruce Bower expressed his enthusiasm, saying, "I am absolutely thrilled to join Gorilla Technology Group's executive team at this exhilarating stage of its journey. The company's innovative vision and bold growth plans are nothing short of inspiring and I am overjoyed to join such a great executive team and board. Going forward, I will seek to align our financial strategy with our ambitious goals and help drive the operational excellence that will power Gorilla's global expansion. The opportunities ahead are truly incredible and I'm eager to contribute to this remarkable success story."

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's largest projects and ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the "SEC") on May 15, 2024 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/221607

FAQ

Who is the new Interim CFO of Gorilla Technology Group (GRRR)?

Bruce Bower has been appointed as the new Interim Chief Financial Officer (CFO) of Gorilla Technology Group Inc. (NASDAQ: GRRR).

What experience does Bruce Bower bring to Gorilla Technology Group (GRRR)?

Bruce Bower brings over two decades of experience in strategic financial management, capital raising, and corporate governance to Gorilla Technology Group (GRRR).

What will be Bruce Bower's responsibilities as Interim CFO at Gorilla Technology Group (GRRR)?

As Interim CFO at Gorilla Technology Group (GRRR), Bruce Bower will oversee all financial operations, including financial reporting, strategic planning, budgeting, investor relations, and optimizing the company's capital structure.

How does Gorilla Technology Group (GRRR) expect to benefit from Bruce Bower's appointment?

Gorilla Technology Group (GRRR) expects to benefit from Bruce Bower's financial expertise, track record in securing capital, and strategic vision to drive financial operations and support the company's global expansion plans.

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