TORONTO, Feb. 19, 2021 /CNW/ - TeraGo Inc.
("TeraGo" or the "Company") (TSX: TGO)
(www.terago.ca), announced today that its Board of Directors has
selected Matthew Gerber as TeraGo's
next Chief Executive Officer. Mr. Gerber, who is currently Chair of
the Board will join the management team, transitioning into the CEO
role within the next 30 days. He will also continue to serve as a
Board Director. In his place the Board of Directors is pleased to
announce that Ken Campbell, an
existing Director and experienced telecom industry executive, will
become Chair. David Charron, who has
been acting as Interim-CEO will return to his position as full-time
Chief Financial Officer of the Company.
"We are extremely pleased to have a CEO of Matt's calibre and
experience join TeraGo" said Ken
Campbell. "His wealth of operating experience, positive
strategic leadership and a track record of growing wireless and
cloud technology companies made him the ideal candidate. He is
uniquely positioned to execute TeraGo's strategic plan and create
long-term value for shareholders and customers. On behalf of the
Board, we would also like to thank David for his leadership and
steady hand during this interim period."
Mr. Gerber commented, "TeraGo has been part of my life now for
almost five years and I am very excited about working more closely
with this great team of people. Between our team and our cloud,
colocation, networking and wireless assets, we are very well
positioned to take advantage of the ever-growing need for more
communication and computing capabilities, including high speed
wireless connectivity."
Mr. Gerber has served on TeraGo's board since June 2016, and is currently CEO at Rohinni LLC, a
developer of technology for the mobile device and automotive
markets. Mr. Gerber's wireless and cloud experience includes board
member or operating roles at Norand, Itronix, IT-Lifeline, Blue Box
Group, 2nd Watch and Vega Cloud.
About TeraGo
TeraGo owns a national spectrum portfolio of exclusive 24 GHz
and 38 GHz wide-area spectrum licences including 2,120 MHz of
spectrum across Canada's 6 largest
cities. TeraGo provides businesses across Canada with cloud, colocation and connectivity
services. TeraGo manages over 3,000 cloud workloads, operates five
data centres in the Greater Toronto
Area, the Greater Vancouver
Area, and Kelowna, and owns
and manages its own IP network. The Company serves business
customers in major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg. For more information about TeraGo,
please visit www.terago.ca.
SOURCE TeraGo Inc.