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MGT Capital Names Robert S. Lowrey Chief Financial Officer

MGT Capital Names Robert S. Lowrey Chief Financial Officer.

articleMgt Capital Investments, Inc.March 9, 20183/company/mgt-capital-investments-inc/news/mgt-capital-names-robert-s-lowrey-chief-financial-officer
MGT Capital Names Robert S. Lowrey Chief Financial Officer

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[{"type":"text","content":"\n\n\n\nMGT Capital Names Robert S. Lowrey Chief Financial Officer\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nMGT Capital Names Robert S. Lowrey Chief Financial Officer\nPR Newswire\nDURHAM, N.C., March 9, 2018\n\n\n\nDURHAM, N.C., March 9, 2018 /PRNewswire/ -- MGT Capital Investments, Inc. (OTCQB: MGTI) announced today the appointment of Robert S. Lowrey as Chief Financial Officer, Treasurer and Secretary of MGT. Mr. Lowrey brings to MGT a depth of knowledge in financial leadership, corporate governance, public company reporting and technical accounting. Prior to joining MGT, he served as a Director of Finance for Bioventus LLC, a privately held medical device company, and as Controller and Principal Accounting Officer for BioCryst Pharmaceutics, Inc., a NASDAQ listed company. Mr. Lowrey also held various financial roles of increasing reasonability at Dex One, formerly RH Donnelley, a NYSE listed marketing solutions company. As a CPA, he was employed by Ernst & Young, LLP for 11 years serving both public and private companies.\n\nMr. Lowrey earned his BA in Business Administration from Grove City College and is a licensed CPA in North Carolina.\n\nH. Robert Holmes, Chairman of the Board of Directors of MGT commented, \"We are fortunate to have someone with Rob's qualifications and skillset as the Company transforms its operations into free cash generation, and as we remain committed to positioning the Company for its anticipated application for NASDAQ up-listing.\"\n\nAbout MGT Capital Investments, Inc.\n\nWith facilities in northern Sweden and WA state, MGT Capital Investments, Inc. (OTCQB: MGTI) ranks as one of the largest U.S. based Bitcoin miners. Further, the Company continues to execute on an expansion model to grow its crypto assets materially. \n\nThe Company also owns a portfolio of cyber security technologies, including the Company's first product, Sentinel, an enterprise class network intrusion detector which was released in October 2017. In addition, MGT owns the intellectual property associated with developing and marketing a mobile phone with...

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