Appointment includes global responsibility for
profitability of all business segments
as mCloud sees pandemic restrictions lift, enabling focus on major
growth
CALGARY, AB, July 15, 2021 /CNW/ - mCloud Technologies
Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or
the "Company"), a leading provider of AI-powered asset management
and Environmental, Social, and Governance ("ESG") solutions today
announced the appointment of Arnel
Santos to the role of Executive Vice President and Chief
Operating Officer. Santos joined mCloud in May 2021 as mCloud's regional leader for the
Americas.
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 Middle East,
Southeast Asia, and North America including Alberta and areas of the United States where we possess strategic
connections."
"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 Russ McMeekin, mCloud President and CEO. "Arnel
has the benefit of having been in the shoes of the mCloud customer,
which will ensure we stay continually focused on what matters most
to our customers."
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 Shell Eastern Petroleum Limited.
He is a well-regarded industry thought leader and champion for
digitalization and ESG through his ongoing engagement with key
industry and government figures around the world.
About mCloud Technologies Corp.
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.
Headquartered in Canada with
offices worldwide, the mCloud family includes an ecosystem of
operating subsidiaries that deliver high-performance IoT, AI, 3D,
and mobile capabilities to customers, all integrated into
AssetCare. With over 100 blue-chip customers and more than 61,000
assets connected in thousands of locations worldwide, mCloud is
changing the way energy assets are managed.
mCloud's common shares trade on the TSX Venture Exchange under
the symbol MCLD and on the OTCQB under the symbol MCLDF. mCloud's
convertible debentures trade on the TSX Venture Exchange under the
symbol MCLD.DB. For more information, visit www.mcloudcorp.com.
SOURCE mCloud Technologies Corp.