Business
PowerBand Appoints Mike Moen as President, COO and Director
VANCOUVER, BC / ACCESSWIRE / November 5, 2018 / PowerBand Solutions Inc. (TSX-V: PBX) (OTCQB...
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[{"type":"text","content":"PowerBand Appoints Mike Moen as President, COO and DirectorVANCOUVER, BC / ACCESSWIRE / November 5, 2018 / PowerBand Solutions Inc. (TSX-V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) (''PowerBand'' or the ''Company''), a leading online auction and remarketing platform to buy and sell used vehicles, is pleased to announce that it has appointed Mike Moen, MSc. EMPA MBA, as President and Chief Operating Officer of the Company. Mike has also been appointed to PowerBand's Board of Directors. Kelly Jennings, CEO of PowerBand stated: ''Mike was initially engaged as a Strategic Advisor (see news release dated August 13, 2018) to lend his expertise to commercialize and scale PowerBand's remarketing auction software platform, to optimize our operations, and to advise on the Company's capital markets strategy. In a short period of time Mike proved to the Board that he was the right person to successfully lead PowerBand going forward as we expand our suite of products in the dealership, OEM, commercial fleet, rental, and eventually the consumer markets. Mike's years of experience and vast automotive business network in the U.S. will also quickly accelerate our growth into the world's largest used vehicle market. The Board is very pleased that Mike has accepted our offer to join the Company and we are looking forward to achieving tremendous success for PowerBand under Mike's leadership.'' Mike Moen commented: ''I have had the opportunity to review in depth PowerBand's leading edge remarketing technology platform and the value proposition it offers to its customers, partners and the remarketing industry, and I believe that PowerBand is well-positioned to generate significant value for its shareholders. I am looking forward to working with the experienced team at PowerBand to execute on our ambitious growth plans.'' Mike brings over 25 years of business experience in the private and public sector to PowerBand. He has an extensive background in working with technology companies in scaling and financing their operations in the United States, and elsewhere across the globe. He has worked with companies in New York, Silicon Valley, London and Canada. Mike has also worked in the public sector in the role of Canadian Foreign Service Officer Consul and Senior Economic Development Officer for the Province of Ontario. Previously, Mike worked on Wall Street with s...