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Stock impact report

AVCtechnologies Announces Strategic Realignment in Senior Management and Planned Debt Reduction

American Virtual Cloud Technologies, Inc. (AVCT) 
Company Research Source: GlobeNewswire
ATLANTA, July 22, 2021 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc (AVCtechnologies; Nasdaq: AVCT) is pleased to announce changes to its Board of Directors and senior management team, effective immediately. Current AVCtechnologies’ Director and Navigation Capital Partners Managing Partner, Darrell Mays, will become the CEO of AVCtechnologies. Mr. Mays is deeply familiar with all aspects of the company’s strategy and operations, as co-founder and former CEO. Mr. Mays brings a wealth of industry experience to his role through senior management positions in telecommunications, including at MasTec and AT&T. Lawrence E. Mock, Managing Partner with Navigation Capital Partners, will assume the role of Chairman of the Board and Robert Willis, Managing Partner with Navigation Capital Partners, will join the Board as a Vice-Chairman, with responsibility for capital markets and investor relations. Xavier Williams will step down as CEO and will remain as a member of the B Show less Read more
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