PowerBand Expands Executive Team With Appointment Of Executive VP, Finance and Strategy

PowerBand Solutions (TSXV: PBX) is bolstering its management team for the new year evidently. Following yesterdays news of the appointment of a new chief financial officer, the firm this morning announced the appointment of Steve Waller as Executive Vice President of Finance and Strategy.

Waller comes to the company from that of D&P Solutions, where he worked as Vice President of Strategic Investments. As a result, he already understands the PowerBand operation intimately, given the close relationship D&P has fostered with that of PowerBand. He comes to the company with senior executive experience along with expertise in the automotive retail sector in addition to the banking and finance industry.

In terms of experience, Waller is responsible for sourcing, negotiating, and funding over $10 billion in loans through some of the largest US Banks, along with consummating more than $5 billion in acquisitions and divestitures in both the US and internationally. Waller is also responsible for having lead mergers and acquisitions and managing real estate and vendor groups for Group 1 Automotive and Asbury Automotive.

“We are extremely pleased that Steve is joining the PowerBand team. His contributions will maximize our ability to capitalize on many opportunities that Powerband has in the US, Canada and globally. He brings an enviable wealth of knowledge and experience in the Automotive and Banking sectors including cross-border financing and M&A activities and we are looking forward to his leadership as key factor in our continued development and success.”

Kelly Jennings, CEO of PowerBand

PowerBand Solutions last traded at $0.345 on the TSX Venture.


FULL DISCLOSURE: PowerBand Solutions is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover PowerBand Solutions on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Steadright To Conduct Multi-Phased Exploration At Historic Goundafa Polymetallic Mine

Goliath Resources Drills 10.72 g/t Gold Over 7.83 Metres At Surebet

Related News

PowerBand Announces RouteOne Agreement Giving Access to 18,000 Dealerships

This morning PowerBand Solutions (TSXV: PBX) announced their agreement with RouteOne giving the company access...

Tuesday, February 4, 2020, 09:08:21 AM

PowerBand Solutions Sees Q2 Revenues Climb 63% To $4.7 Million

PowerBand Solutions (TSXV: PBX) this morning reported its second quarter financial results, posting revenues of...

Tuesday, August 17, 2021, 09:17:50 AM

PowerBand Sees Additional US$2.7 Million Investment From D&P Holdings

PowerBand Solutions (TSXV: PBX) has secured an additional US$2.7 million from Texas-based D&P Holdings Inc...

Monday, June 8, 2020, 09:07:58 AM

PowerBand Solutions Announces Gross Sales Of $6.7 Million For January 2021

PowerBand Solutions (TSXV: PBX) continues to see month over month demand growth for its product...

Thursday, February 11, 2021, 09:25:47 AM

PowerBand Solutions Expects DrivrzXChange Rollout To Resume In Q1 2022

PowerBand Solutions (TSXV: PBX) this morning provided an update to the market with respect to...

Wednesday, October 27, 2021, 07:48:16 AM