DALLAS, Oct. 4, 2021 /PRNewswire/ -- COMSovereign
Holding Corp. (NASDAQ: COMS) ("COMSovereign" or the "Company"), a
U.S.-based developer of 4G LTE Advanced and 5G Communication
Systems and Solutions today announced it has named Fran Jandjel,
MBA, CPA, CGMA, ACMA, as its new Chief Financial Officer ("CFO")
and Executive Vice President effective immediately. Ms. Jandjel,
who previously served as the Company's Financial Controller,
replaces Martin R. Wade III who has
stepped down as Chief Financial Officer and Executive Vice
President. Mr. Wade joined COMSovereign in February and was
responsible for the development of the Company's financial
reporting organization following its capital raises and up listing
to the Nasdaq Capital Market earlier this year.
Ms. Jandjel has over 25 years' experience in strategic
accounting and financial leadership including serving as CFO,
Controller and in other senior financial executive roles at both
domestic and multi-national public and private companies. Her
expertise includes the development of financial and operational
strategies, M&A experience across North America and Europe, implementing financial planning and
forecasting processes, streamlining reporting processes and
systems, maximizing cash flow, and optimizing bottom line results.
Prior to joining COMSovereign as its Controller, Ms. Jandjel was a
financial consultant serving multiple clients as interim CFO across
sectors including automotive finance, restaurants, and
manufacturing. Earlier, she served as VP Finance & Accounting
at the Cathexis Group, a multi-national, multi-strategy holding
company with revenue exceeding $2.0
billion and was the Corporate Controller of TAS Energy, an
international energy manufacturing company.
"Since joining our team earlier this year as our Corporate
Controller, Fran has demonstrated her unwavering passion and
commitment to COMSovereign's success. As Marty completed his
initial mandate, ensuring that our business was supported by a
robust financial management infrastructure, Fran's significant
hands-on experience made her the ideal candidate to assume the role
of CFO as we now move the business ahead," said Dan Hodges, Chairman and CEO of COMSovereign
Holding Corp. "We wish to thank Marty for his outstanding
dedication and service to our company, playing an important role in
supporting our transition into a global, Nasdaq-traded
Fran Jandjel, added, "I have been very fortunate to have had the
opportunity of working alongside of the very talented and dedicated
COMSovereign team. As CFO, I look forward to continuing our ongoing
efforts to further strengthen our financial organization, building
a world-class team that can support the tremendous growth we see
Mr. Wade commented, "I was originally tasked by the Board to
build a comprehensive financial accounting and finance organization
within COMSovereign and I'm pleased to report today, that we have
accomplished that mission. The team has achieved much in a very
short amount of time and with my work complete, I leave
COMSovereign confident in the knowledge that Fran and her talented
team are prepared to support the Company during this exciting
Ms. Jandjel holds a B.A. in Business Administration and M.B.A.
in Business Administration from Deakin
University in Melbourne,
Australia. She is a Certified Public Accountant (CPA) and an
international affiliate member of the Texas Society of CPAs. Ms.
Jandjel is also a Chartered Global Management Accountant (CGMA) and
an Associate member of the Chartered Institute of Management
Accountants (ACMA), the British equivalent of a CPA.
About COMSovereign Holding Corp.
Corp. (Nasdaq: COMS) has assembled a portfolio of communications
technology companies that enhance connectivity across the entire
network. By combining strategic acquisitions with organic research
and development efforts, COMSovereign has built a U.S.-based
communications solution provider able to deliver end-to-end 4G LTE
Advanced and 5G-NR telecom solutions to network operators,
enterprises, and governments. For more information about
COMSovereign, please visit www.COMSovereign.com.
Certain statements in this
press release that are not historical facts are forward-looking
statements that reflect management's current expectations,
assumptions, and estimates of future performance and economic
conditions, and involve risks and uncertainties that could cause
actual results to differ materially from those anticipated by the
statements made herein. Forward-looking statements are generally
identifiable by the use of forward-looking terminology such as
"believe," "expects," "may," "looks to," "will," "should," "plan,"
"intend," "on condition," "target," "see," "potential,"
"estimates," "preliminary," or "anticipates" or the negative
thereof or comparable terminology, or by discussion of strategy or
goals or other future events, circumstances, or effects. Moreover,
forward-looking statements in this release include, but are not
limited to, the impact of the current COVID-19 pandemic, which may
limit access to the Company's facilities, customers, management,
support staff, and professional advisors, and to develop and
deliver advanced voice and data communications systems, demand for
the Company's products and services, the availability of parts and
components for the manufacture of products, economic conditions in
the U.S. and worldwide, and the Company's ability to recruit and
retain management, technical, and sales personnel. Further
information relating to factors that may impact the Company's
results and forward-looking statements are disclosed in the
Company's filings with the SEC. The forward-looking statements
contained in this press release are made as of the date of this
press release, and the Company disclaims any intention or
obligation, other than imposed by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Investor Relations for COMSovereign Holding Corp.:
Steve Gersten, Director of
COMSovereign Holding Corp.
External Investor Relations:
Chris Tyson, Executive Vice
MZ Group - MZ North America
Media Relations for COMSovereign Holding Corp.:
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SOURCE COMSovereign Holding Corp.