SAN FRANCISCO, Sept. 29, 2017 /PRNewswire/ - Customer experience solutions company McorpCX, Inc. (TSXV: MCX, OTCQB: MCCX) ("McorpCX" or the "Company") is pleased to announce the appointment of Mr. Gregg Budoi as Interim Chief Financial Officer. Mr. Budoi will serve as the Company's Interim Chief Financial Officer until a permanent successor is named.
Mr. Budoi is an experienced executive leader with both public and private company experience including leadership in the SaaS software space, creating and leading a business with a half billion dollars in annual revenues from inception to buyout, and organically growing businesses across a variety of industries. In particular, Mr. Budoi has had exposure to all disciplines of business management with an emphasis on corporate strategy and finance, capital markets, business development and M&A activities.
Most recently, he was Chief Financial Officer and member of the Board of Directors for London Stock Exchange (AIM) listed SaaS software and consulting company Kalibrate Technologies Plc, which recently completed a successful going private transaction with the private equity firm Hanover Investors. Prior to that, he was a co-founder and former President and CEO of EZ Energy USA, Inc. a firm that grew in 6 years from inception to over $500 million in annual revenue. Mr. Budoi has also been Managing Director at Barnes Wendling Corporate Finance, LLC, where he established a corporate finance advisory services platform and completed several corporate restructurings as well as M&A and capital raising transactions, and was CFO, Vice President and Treasurer of Dairy Mart Convenience Stores, Inc., where he led the strategic evaluation and recapitalization process for this publicly traded chain of over 850 convenience stores.
Mr. Budoi holds a BS in Business Administration/Finance from Ohio State University, and a Masters of Business Administration from Cleveland State University.
"The appointment of Mr. Budoi to our executive management team, along with the recent addition of Mr. Nii Quaye and Mr. Matthew Kruchko to our board of directors, even better positions us to execute on our aspirations and plans to grow our position in the fast-growing customer experience management marketspace. With his proven ability to assess and activate opportunity and enterprise value, I'm thrilled to welcome Gregg to our team, and look forward to leveraging his guidance and strategic counsel as we continue to focus on delivering value to our stakeholders," stated McorpCX CEO Michael Hinshaw. "I'd also like to thank our former CFO, Mr. Barry MacNeil, for his contributions to our Company. He'll be missed, and we wish him well."
McorpCX (http://mcorp.cx) is a customer experience services company targeting the global Customer Experience Management (CEM) market estimated by marketsandmarkets1 to grow from USD 5.06 Billion in 2016 to USD 13.18 Billion by 2021. Customers range from Fortune 100 brands to fast-moving mid-market leaders and other customer-centric companies. McorpCX is focused on pursuing value-enhancing growth opportunities for its shareholders.
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1 Customer Experience Management Market by Touch Point (Company Website, Branch/Store, Web, Call Center), Vertical (IT Communication Service Provider, BFSI, Healthcare, Manufacturing, Travel & hospitality), and Region - Global Forecast to 2021 by marketsandmarkets.com dated November 2016.
SOURCE McorpCX, Inc.