Appointment includes global responsibility for profitability of all business segments
as mCloud sees pandemic restrictions lift, enabling focus on major growth
This appointment recognizes the wealth of operational and market experience Santos brings to mCloud and upholds the Company's commitment to achieving major growth in the second half of 2021, positioning mCloud to rapidly scale customer acquisition and the delivery of AssetCare™ solutions into 2022 and beyond. In this role, he takes on global responsibility for the profitability of all business segments. All of mCloud's global operations, lines of business, and sales capabilities will be unified under his leadership.
"My number one priority in taking on this expanded global role will be growing the Company's business on all fronts," Santos said. "As the world re-opens for business, there are tremendous opportunities for mCloud to capture in the second half of this year, with major demand for AssetCare coming from our ongoing engagements in the
"The Board of Directors and I have complete confidence that Arnel brings unique global experience, connections, and leadership capability that will propel mCloud's top-line revenue growth and profitability as we move forward," said
Santos has over three decades of global leadership experience in process industries as the senior executive for operations, innovation, and government relations at NOVA Chemicals, and over 25 years at Royal Dutch Shell PLC including time as the Regional Vice President, Manufacturing East for
About
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
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mCloud's common shares trade on the
SOURCE
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