SAN FRANCISCO, Sept. 29, 2017 /CNW/ - Customer experience
solutions company McorpCX, Inc. (TSXV: MCX, OTCQB: MCCX) ("McorpCX"
or the "Company") is pleased to announce the appointment of Mr.
Gregg Budoi as Interim Chief
Financial Officer. Mr. Budoi will serve as the Company's Interim
Chief Financial Officer until a permanent successor is named.
Mr. Budoi is an experienced executive leader with both public
and private company experience including leadership in the SaaS
software space, creating and leading a business with a half billion
dollars in annual revenues from inception to buyout, and
organically growing businesses across a variety of industries.
In particular, Mr. Budoi has had exposure to all disciplines
of business management with an emphasis on corporate strategy and
finance, capital markets, business development and M&A
activities.
Most recently, he was Chief Financial Officer and member of the
Board of Directors for London Stock Exchange (AIM) listed SaaS
software and consulting company Kalibrate Technologies Plc, which
recently completed a successful going private transaction with the
private equity firm Hanover Investors. Prior to that, he was a
co-founder and former President and CEO of EZ Energy USA, Inc. a firm that grew in 6 years from
inception to over $500 million in
annual revenue. Mr. Budoi has also been Managing Director at Barnes
Wendling Corporate Finance, LLC, where he established a corporate
finance advisory services platform and completed several corporate
restructurings as well as M&A and capital raising transactions,
and was CFO, Vice President and Treasurer of Dairy Mart Convenience
Stores, Inc., where he led the strategic evaluation and
recapitalization process for this publicly traded chain of over 850
convenience stores.
Mr. Budoi holds a BS in Business Administration/Finance from
Ohio State University, and a Masters of
Business Administration from Cleveland State
University.
"The appointment of Mr. Budoi to our executive management team,
along with the recent addition of Mr. Nii
Quaye and Mr. Matthew Kruchko
to our board of directors, even better positions us to execute on
our aspirations and plans to grow our position in the fast-growing
customer experience management marketspace. With his proven ability
to assess and activate opportunity and enterprise value, I'm
thrilled to welcome Gregg to our team, and look forward to
leveraging his guidance and strategic counsel as we continue to
focus on delivering value to our stakeholders," stated McorpCX CEO
Michael Hinshaw. "I'd also like to
thank our former CFO, Mr. Barry
MacNeil, for his contributions to our Company. He'll be
missed, and we wish him well."
About McorpCX
McorpCX (http://mcorp.cx) is a customer experience services
company targeting the global Customer Experience Management (CEM)
market estimated by marketsandmarkets1 to grow from
USD 5.06 Billion in 2016 to
USD 13.18 Billion by 2021. Customers
range from Fortune 100 brands to fast-moving mid-market leaders and
other customer-centric companies. McorpCX is focused on pursuing
value-enhancing growth opportunities for its shareholders.
For more information, please contact:
General Information: 1-866-526-2655 toll free in the U.S., or
+1-415-526-2655
Investors: ir@mcorp.cx
Website: http://mcorp.cx
Twitter: @McorpCX (https://twitter.com/mcorpcx)
Forward-Looking Statements
Certain statements contained in this press release may
constitute "forward-looking statements" within the meaning of
the United States securities laws
and applicable Canadian securities legislation. These statements
are, in effect, management's attempt to predict future events, and
thus are subject to various risks and uncertainties. Readers should
not place undue reliance on forward-looking statements, which
reflect management's views only as of the date hereof. All
statements, other than statements of historical fact, regarding our
financial position, business strategy and management's plans and
objectives for future operations are forward-looking
statements. When used in this press release, the words
"anticipate," "believe," "estimate," "expect," and "intend" and
words or phrases of similar meaning, as they relate to the Company
and its management are intended to help identify forward-looking
statements. Although we believe that management's
expectations as reflected in forward-looking statements are
reasonable, we cannot assure readers that those expectations will
prove to be correct. Forward-looking statements include
statements relating to the Company's business and operations as
well as the anticipated growth Global Customer Experience
Management (CEM) market. Such statements involve assumptions
relating to the Company's business, the ability of the Company to
execute on its business plan, the competitive environment of the
Company's products and services and the future development and
pricing of the Company's products and services. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the Company's actual
results to be materially different from any future results
expressed or implied by these statements. Such factors include the
following: general economic and business conditions, changes in
demand for the Company's products and services, changes in the
competitive environment and the introduction of competing software
solutions by competitors, the Company's ability to complete any
future required financing and the Company's dependence upon and
availability of qualified personnel. In light of these and other
uncertainties, the forward-looking statements included in this
press release should not be regarded as a representation by the
Company that its plans and objectives will be achieved. These
forward-looking statements speak only as of the date of this press
release, and the Company undertakes no obligation to update or
revise the statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
1 Customer Experience Management Market by Touch
Point (Company Website, Branch/Store, Web, Call Center), Vertical
(IT Communication Service Provider, BFSI, Healthcare,
Manufacturing, Travel & hospitality), and Region - Global
Forecast to 2021 by marketsandmarkets.com dated November 2016.
SOURCE McorpCX, Inc.
