WidePoint Appoints Bob George as Chief Financial Officer

Rhea-AI Summary

WidePoint Corporation (NYSE American:WYY) has appointed Bob George as its new Chief Financial Officer, effective April 1, 2022. He replaces Kellie Kim, who announced her retirement in November 2021. George brings over 30 years of diverse experience in strategic planning and mergers & acquisitions, previously serving as CFO for Exovera and holding executive roles in notable companies. CEO Jin Kang expressed confidence in George's leadership, emphasizing his expertise will enhance WidePoint's growth strategy and performance in cybersecurity and IT services.

Positive

• Bob George's extensive experience in M&A and capital markets is expected to support WidePoint's growth strategy.
• His appointment reflects a strategic move to enhance the executive leadership team during a period of expanding interest in WidePoint's cybersecurity and ITaaS offerings.

Negative

• The transition may lead to concerns over continuity and the potential experience gap left by retiring CFO Kellie Kim.

FAIRFAX, VA / ACCESSWIRE / March 14, 2022 / WidePoint Corporation (NYSE American:WYY), the innovative technology Managed Solution Provider (MSP) specializing in Identity and Access Management (IAM), Telecommunications and Managed Mobility Services (MMS), Digital Billing & Analytics, and IT as a Service (ITaaS), has appointed Robert "Bob" George as Chief Financial Officer ("CFO") who will officially take role on April 1, 2022. George replaces Kellie Kim, who previously announced her retirement in November 2021.

George brings more than 30 years of diverse business experiences ranging from entrepreneurial companies to publicly traded multinational corporations. He has extensive tenure in strategic planning, financial forecasting and analysis, all aspects of the merger and acquisition process, financial systems design and implementation, and building and managing successful finance teams and organizations. He most recently served as CFO of Exovera, a SOS International subsidiary. George's prior experience also includes executive roles at Exelis Incorporated, Computer Sciences Corporation, OAO Technology Solutions Inc., and AppNet Systems Inc. He also has led and successfully completed 32 acquisitions of both public and private companies.

George graduated from the University of Maryland at College Park with a Bachelor of Science in Accounting.

"On behalf of WidePoint, I am delighted to welcome Bob to the executive leadership team," said Jin Kang, WidePoint's CEO. "We are confident that Bob's impressive track record as a finance executive in the technology, software and systems development, government services, aerospace and defense, and global business markets will contribute tremendous value to WidePoint as we execute our long-term growth strategy, deliver strong program performance, and expand through organic and M&A initiatives. Bob's extensive M&A and capital market experience is exactly what we need to execute our strategy for growing through acquisitions."

George stated, "This is a great time to be joining WidePoint especially as interest in our solutions, particularly our cybersecurity and ITaaS offerings, are expanding. I appreciate the confidence of Jin, the executive leadership team and Board of Directors and look forward to working together to chart the brightest future."

Kang added, "While we are very excited for Bob to join our team, I also want to add a note of gratitude to Kellie Kim, our departing CFO. Kellie delayed her retirement to ensure that WidePoint would have the time needed to find a great successor, and in Bob, we have done that. Thanks to Kellie for her stamina and strategic guidance these past years; we wish her all the best."

About WidePoint

WidePoint Corporation (NYSE American:WYY) is a leading technology Managed Solution Provider (MSP) dedicated to securing and protecting the mobile workforce and enterprise landscape. WidePoint is recognized for pioneering technology solutions that include Identity and Access Management (IAM), Mobility Managed Services (MMS), Telecom Management, Information Technology as a Service (ITaaS), Cloud Security, and Digital Billing & Analytics. For more information, visit widepoint.com.

WidePoint Investor Relations:
Gateway Group, Inc.
Matt Glover or John Yi
949-574-3860
WYY@gatewayir.com

SOURCE: WidePoint Corporation

View source version on accesswire.com:
https://www.accesswire.com/692809/WidePoint-Appoints-Bob-George-as-Chief-Financial-Officer

FAQ

What is the significance of Bob George's appointment as CFO for WidePoint?

Bob George's appointment brings extensive M&A and financial expertise, crucial for executing WidePoint's growth strategy.

When will Bob George officially start as CFO of WidePoint?

Bob George will officially take on the CFO role on April 1, 2022.

Who did Bob George replace as CFO at WidePoint?

Bob George replaced Kellie Kim, who announced her retirement in November 2021.

What experience does Bob George bring to WidePoint?

George has over 30 years of experience in finance, M&A, and strategic planning, having held executive roles in various technology companies.

How might Bob George's leadership affect WidePoint's future?

His leadership is expected to drive growth through acquisitions and improve program performance in cybersecurity and ITaaS sectors.