Provider of cloud services specializing in UCaaS solutions for small to medium-sized businesses, Digerati Technologies Inc (OTCMKTS:DTGI), on October 3, 2022, announced that Derek Gietzen is now the firm’s President. Presently, Gietzen is President of its subsidiary, NextLevel Internet.
Digerati Announces Appointment of Derek Gietzen to President
A telecommunications executive with over two decades of experience having managed successful high-growth companies, Gietzen is passionate to create incredible corporate cultures. This is why NextLevel was recognized as a certified ‘Great Place to Work in the U.S.’ consecutively for three years.
Arthur L. Smith, Chief Executive Officer said that since the acquisition of NextLevel earlier in the year, Derek has been instrumental in the operational integration of the firm’s different subsidiaries. The CEO added that Derek is an inspirational leader aligning with the core values of the firm. Furthermore, Smith said that Derek brings the necessary skills for implementing the business plan as well as the ongoing M&A strategy. He expressed confidence that Derek’s contribution will increase his ability to deliver on the corporate goals as well as create long-term shareholder value.
Derek Gietzen said that it is an exciting time for Digerati and is thrilled to be taking on the role of President. Derek added that the firm has incredible leadership and is looking forward to what can be accomplished.
Key Quote
“Since our acquisition of NextLevel earlier this year, Derek has been instrumental in the operational integration of Digerati’s various subsidiaries,” said Arthur L. Smith, Chief Executive Officer. “Derek is an inspirational leader who perfectly aligns with our core values and brings the added skills necessary to successfully execute our business plan and ongoing M&A strategy. We are confident his contribution will enhance our ability to deliver on our corporate goals and assist us with creating long-term shareholder value.”
Technical Data DTGI stock is trading above the 20-Day and 50-Day Moving averages of $0.13 and $0.12 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.11. The company has a total market capitalization of $21 million.
