CALGARY, AB, - mCloud Technologies Corp. (TSXV: MCLD) (OTCQB: MCLDF) ("mCloud" or the "Company"), a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today announced the appointment of Arnel Santos to the role of Executive Vice President and Chief Operating Officer. Santos joined mCloud in May 2021 as mCloud's regional leader for the Americas.
This appointment recognizes the wealth of operational and market experience Santos brings to mCloud and upholds the Company's commitment to achieving major growth in the second half of 2021, positioning mCloud to rapidly scale customer acquisition and the delivery of AssetCare™ solutions into 2022 and beyond. In this role, he takes on global responsibility for the profitability of all business segments. All of mCloud's global operations, lines of business, and sales capabilities will be unified under his leadership.
"My number one priority in taking on this expanded global role will be growing the Company's business on all fronts," Santos said. "As the world re-opens for business, there are tremendous opportunities for mCloud to capture in the second half of this year, with major demand for AssetCare coming from our ongoing engagements in the Middle East, Southeast Asia, and North America including Alberta and areas of the United States where we possess strategic connections."
"The Board of Directors and I have complete confidence that Arnel brings unique global experience, connections, and leadership capability that will propel mCloud's top-line revenue growth and profitability as we move forward," said Russ McMeekin, mCloud President and CEO. "Arnel has the benefit of having been in the shoes of the mCloud customer, which will ensure we stay continually focused on what matters most to our customers."
Santos has over three decades of global leadership experience in process industries as the senior executive for operations, innovation, and government relations at NOVA Chemicals, and over 25 years at Royal Dutch Shell PLC including time as the Regional Vice President, Manufacturing East for Shell Eastern Petroleum Limited. He is a well-regarded industry thought leader and champion for digitalization and ESG through his ongoing engagement with key industry and government figures around the world.