STOCK TITAN

Recruiter.com Appoints Xuan Smith as Chief Technology Officer

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Recruiter.com Group, Inc. (Nasdaq:RCRT, RCRTW) has appointed Xuan Smith as Chief Technology Officer. With a strong background in tech leadership, Smith has over a decade of experience from various startups and consulting firms, including KPMG and Deloitte. His role will focus on enhancing Recruiter.com's platform in response to growing demand for AI-driven recruitment solutions. This appointment comes as the company expands its client base, including significant enterprises, and aims to leverage AI technology for improved hiring processes. Former CTO Ashley Saddul will remain with the company as Chief Web Officer.

Positive
  • Appointment of Xuan Smith as CTO expected to enhance technology leadership and innovation.
  • Smith's background includes development of a predictive analytics platform that reduced sourcing time by up to 40%.
  • Recruiter.com is experiencing rapid client adoption of its AI sourcing platform, indicating strong market demand.
  • Recent Nasdaq listing enables potential for expanded product development and client support.
Negative
  • Transition may raise concerns regarding continuity and experience gaps with the leadership change.

HOUSTON, TX / ACCESSWIRE / July 15, 2021 / Recruiter.com Group, Inc. (Nasdaq:RCRT) (Nasdaq:RCRTW), an on-demand recruiting platform, today announced the appointment of Xuan Smith as Chief Technology Officer. A Stanford University graduate, Xuan's experience includes over a decade of technology leadership roles at startups like Upsider, Roast, Appirio, and Aggressor and technology transformation work with KPMG, Deloitte, and PWC. As recruiting and hiring shift towards leveraging artificial intelligence and big data, Xuan will position and scale Recruiter.com's platform and infrastructure to meet the market opportunity. Ashley Saddul, the former CTO and Founder, will continue on as Chief Web Officer.

"Recruiter.com is at a critical inflection point, and there couldn't be a more exciting time for me to join," Xuan commented. "As a specialist in machine learning and building high-performance computing systems, I relish the challenge of applying these technologies to the complex, amorphous problems surrounding recruiting and hiring. There is an incredible opportunity to advance the speed, quality, and equity of hiring matches and decision-making processes, and I believe Recruiter.com can be an early leader in the next generation of recruiting technology."

Xuan joins Recruiter.com at a time when its rapidly expanding customer base is quickly adopting new technologies. Major enterprises, including pharmaceutical, advertising, and investment banking clients, recently leveraged Recruiter.com's AI Sourcing platform to meet hiring demand for specialized roles. Recruiter.com's recent listing on Nasdaq and capital raise should allow the company to continue to expand its product development roadmap and further support its growing roster of subscription clients.

Under Xuan's leadership, Upsider (acquired by Recruiter.com) developed an industry leading predictive analytics platform which can cut recruiter sourcing time by up to 40%. Prior to founding Upsider, he served as a Technical Architect, responsible for managing the design and development of large-scale custom development projects. Xuan is passionate about mentorship in software engineering and has designed curricula to better engage junior high and high school students in Computer Science.

About Recruiter.com Group, Inc.

Recruiter.com is an online hiring platform delivering on-demand recruiting technology and services to both large and small businesses. With AI and video technology, and the world's largest network of recruiters, Recruiter.com delivers on-tap recruiting that flexes with hiring needs. To learn more, visit https://www.recruiter.com.

For investor information, visit https://investors.recruiter.com

Please follow social media channels for additional updates:

Company Contact:

Evan Sohn
CEO
Recruiter.com Group, Inc.
evan@recruiter.com

Investor Relations:

Dave Gentry
RedChip Companies, Inc.
Phone: (407) 491-4498
dave@redchip.com

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecasts" "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include continued demand for professional hiring, the accuracy of the Recruiter Index® survey, the impact of the COVID-19 pandemic on the job market and the economy as virus levels are again rising in many states, and the Risk Factors contained within our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

SOURCE: Recruiter.com Group, Inc.



View source version on accesswire.com:
https://www.accesswire.com/655626/Recruitercom-Appoints-Xuan-Smith-as-Chief-Technology-Officer

FAQ

Who is the new Chief Technology Officer of Recruiter.com?

Xuan Smith has been appointed as the new Chief Technology Officer of Recruiter.com.

What experience does Xuan Smith bring to Recruiter.com?

Xuan Smith has over a decade of technology leadership experience at startups and consulting firms like KPMG and Deloitte.

How will Xuan Smith's appointment impact Recruiter.com?

His appointment is expected to enhance Recruiter.com's technology and infrastructure, focusing on AI-driven hiring solutions.

What is Recruiter.com's recent market activity?

Recruiter.com has recently listed on Nasdaq and secured funding, which supports its product development and client expansion.

What was the role of Ashley Saddul at Recruiter.com?

Ashley Saddul, the former CTO and Founder, will continue to serve as Chief Web Officer.

Recruiter.com Group, Inc.

NASDAQ:RCRT

RCRT Rankings

RCRT Latest News

RCRT Stock Data

9.07M
3.31M
2.78%
0.41%
1.04%
Staffing & Employment Services
Services-computer Programming Services
Link
United States of America
NEW YORK