Data443 Risk Mitigation Inc. (OTCMKTS:ATDS) Stock Falls: Greg McCraw Appointed as Chief Financial Officer

Data security and privacy software company, Data443 Risk Mitigation Inc. (OTCMKTS:ATDS), has announced the appointment of Greg McCraw as the Company’s Chief Financial Officer. He has more than 25 years of experience in helping businesses strengthen their accounting and finance operations, addressing compliance challenges in highly regulated environments and implementing accounting best practices.

Trading Data

On Thursday, ATDS stock moved down 8.95% to $3.0000 with 1.40K shares, compared to its average volume 2.11K shares. The stock moved within a range of $2.9300 – 3.1900 after opening trade at $3.1900.

Data443 Appoints Greg McCraw as Chief Financial Officer

Mr. McCraw will be working out of the company’s Research Triangle Park office and previously served as Vice President of Finance for a Dental Services Organization active in acquisitions. Before that he was Managing Director of a boutique accounting and finance consulting firm advising Fortune clients in the pharmaceutical, financial services, and private equity sectors on how to execute regulatory and compliance solutions.

Mr. Remillard, President, and Chief Executive Officer, said that Mr. McCraw’s appointment is after a comprehensive search for a local leader with high-quality attributes and specialist capabilities. His appointment comes at the ideal time, which aligns perfectly with their core business goals. It comes after Pamela Maher was appointed as Chief Legal Officer, who has navigated other organizations through data privacy compliance efforts, initial public offerings, and other financing activities.

Mr. McCraw is delighted to join a fast-growing cybersecurity organization in the “Triangle”, where he can apply his core skills in finance, mergers and acquisitions, all types of financing and program management and team development.

Key Quote

“Mr. McCraw’s appointment results from a comprehensive search for a local leader with high quality attributes and specialist capabilities. We believe that this appointment is timely and continues to support our core business goals” stated Mr. Remillard, President and Chief Executive Officer of the Company.

Technical Data

ATDS stock is trading below the 20-Day and 50-Day Moving averages of $4.40 and $4.71 respectively. Moreover, the stock is trading below the 200-Day moving average of $3.62.