Business
Nixxy Appoints Mike Schmidt as CEO to Lead Telecom and AI Growth
Schmidt brings 20+ years of experience and M&A leadership to accelerate Nixxy's telecom and AI transformation NEW YORK, NY / ACCESS Newswire / May 8, 2025 / Nixxy, Inc. (NASDAQ:NIXX), a publicly traded technology and communications company, today ...
About this update from Nixxy, Inc.
[{"type":"text","content":"Schmidt brings 20+ years of experience and M&A leadership to accelerate Nixxy's telecom and AI transformation","length":117,"tagName":"p"},{"type":"text","content":"NEW YORK, NY / ACCESS Newswire / May 8, 2025 / Nixxy, Inc. (NASDAQ:NIXX), a publicly traded technology and communications company, today announced the appointment of Mike Schmidt as its Chief Executive Officer, effective immediately. Mr. Schmidt brings over 20 years of leadership experience in telecommunications, data center infrastructure, and cloud technologies. He has a proven track record of leading corporate transformations and accelerating growth through strategic execution, operational discipline, and a clear focus on value creation.","length":546,"tagName":"p"},{"type":"text","content":"Mr. Schmidt began his career as a founder of one of the first SaaS-based software companies serving the cable telecommunications industry. He went on to lead Uniserve Communications (TSX) as CEO, where he successfully restructured the business and returned it to profitability, positioning it as a national network and data center company. At Teliphone Navigata Westel, he directed M&A strategy, completing seven acquisitions in just 18 months and significantly expanding the company's national and international service offerings.","length":539,"tagName":"p"},{"type":"text","content":"As President of Urban Communications (TSX), Mr. Schmidt rebranded and scaled the company into Urbanfibre, Canada's first provider of 1 Gb fiber-to-the-home service, where he ultimately delivered a successful shareholder exit. Throughout his career, he has consistently driven efficiency, optimized capital allocation, and implemented scalable, next-generation technologies. His ability to lead through complexity and deliver sustainable growth has earned him respect throughout the telecom and technology investment sectors.","length":528,"tagName":"p"},{"type":"text","content":""We are thrilled to welcome Mike Schmidt as our new CEO," said Evan Sohn, Chairman of the Board of Directors of Nixxy, Inc. "His deep industry knowledge and data-driven approach to leadership make him the ideal executive to guide Nixxy through its next phase of transformation as we scale into a telecom and technology-focused business."","length":357,"tagName":"p"},{"type":"text","content":"In ...