PowerBand Solutions Promotes Jon Lamb to Chief Executive Officer of MUSA Holdings

Rhea-AI Summary

PowerBand Solutions Inc. (OTCQB:PWWBF) has announced the promotion of Jon Lamb to CEO of MUSA Holdings. Kelly Jennings, CEO of PowerBand, praised Lamb's leadership skills, highlighting his past success as President of DRIVRZ™ and his extensive experience in the automotive and fintech sectors. Lamb's background includes founding and leading various companies and military service in the U.S. Navy. PowerBand Solutions is focused on transforming the automotive industry through its cloud-based transaction platform, DRIVRZ™, facilitating vehicle transactions across multiple digital devices.

Positive

• Jon Lamb's promotion to CEO is expected to enhance PowerBand's leasing strategy.
• Lamb has a proven track record in executive roles and entrepreneurial success.
• PowerBand's DRIVRZ™ platform aims to disrupt the automotive industry with digital solutions.

Negative

• None.

Lamb's Leadership Skills Highly Compatible with PowerBand's Digital Mission

VANCOUVER, BC / ACCESSWIRE / March 30, 2021 / PowerBand Solutions Inc. (TSXV:PBX) (OTCQB:PWWBF) (Frankfurt:1ZVA) ("PowerBand", "PBX" or the "Company"), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease, or finance vehicles to consumers, dealers, and OEMs is pleased to announce the promotion of Jon Lamb to CEO of MUSA Holdings ("MUSA").

Kelly Jennings, CEO of PowerBand, commented: "Jon is an extraordinary executive, and as demonstrated in his role as President of DRIVRZ™, his vision and experience will greatly benefit our leasing strategy and will prove to be key to successfully solidifying Powerband's vision for the DRIVRZ™ solution."

"Jon is a world-class entrepreneur," added Jennings, "whose execution skills have literally taken him from leadership roles on nuclear submarines to the executive suite. His precision and execution are unsurpassed."

Lamb has founded and served as CEO and President of numerous successful business entities. He is also a patent author and mission-driven investor.

Lamb is a proven executive and entrepreneur in the automotive and marketing industries, with numerous exits to his credit. He has served in CEO and President roles with Brickell.IO, Privatized Capital, Hundy Inc, Transparent AI and Visible Customer. Jon also has a distinguished record for military service in the United States Navy as a high-tech, weaponry specialist on nuclear submarines.

He is also an active board member and advisor to multiple ad tech and fintech organizations as well as a valuable asset to industry-leading automotive retailers, OEMs, digital marketplaces, and fintech start-ups through his private equity and advisory firm in Miami. He is widely recognized for his accomplishments in technologies, business strategy, product development, marketplaces, and capitalization.

Jon has served as President of DRIVRZ™ US since January of this year.

About PowerBand Solutions, Inc.

PowerBand Solutions Inc., listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand's integrated, cloud-based transaction platform facilitates transactions amongst consumers, dealers, funders and manufacturers (OEMs). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand's transaction platform - being trademarked under DRIVRZ™ - is being made available across North American and global markets.

For further information, please contact:

Kelly Jennings
Chief Executive Officer
P: 866 768 7653
E: info@powerbandsolutions.com

SOURCE: PowerBand Solutions Inc.

View source version on accesswire.com:
https://www.accesswire.com/638103/PowerBand-Solutions-Promotes-Jon-Lamb-to-Chief-Executive-Officer-of-MUSA-Holdings

FAQ

What recent leadership changes occurred at PowerBand Solutions?

PowerBand Solutions promoted Jon Lamb to CEO of MUSA Holdings on March 30, 2021.

What is Jon Lamb's background and experience?

Jon Lamb has extensive experience in the automotive and fintech industries, previously serving as President of DRIVRZ™ and holding CEO roles in several successful companies.

How does PowerBand Solutions plan to disrupt the automotive industry?

PowerBand aims to disrupt the automotive industry through its cloud-based transaction platform, DRIVRZ™, enabling seamless vehicle transactions for consumers and dealers.

What does the promotion of Jon Lamb mean for PowerBand's future?

Jon Lamb's leadership is anticipated to enhance PowerBand's leasing strategy and solidify its vision for the DRIVRZ™ solution.