ADDvantage Technologies Group, Inc. Announces Executive Changes
July 16, 2021 at 04:43 pm EDT
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On July 8, 2021, Donna Guy, the Company's Controller and Principal Financial Officer, left ADDvantage Technologies Group, Inc. effective as of that date. Ms. Guy is leaving the Company to pursue other business opportunities and not because of a disagreement with the Company on any matters relating to the Company's operations, policies, or practices. Effective July 8, 2021, Michael Ramke and Scott Franciswill share the duties which previously fell under the Controller role. Mr. Ramke will be the Principal Financial Officer of the Company and will continue to lead the merger and acquisition efforts as well as have overall finance, financial planning and analysis, and accounting oversight. Mr. Francis will be responsible for the accounting organization and financial reporting. Reginald Jaramillo, the President of Telecom Group, will continue to lead the human resources and IT functions.
ADDvantage Technologies Group, Inc., through its subsidiaries, is engaged in wireless infrastructure services for wireless carriers, tower companies and equipment manufacturers, and distributes and services a comprehensive line of electronics and hardware for the telecommunications industry. Its segments include Wireless Infrastructure Services (Wireless) and Telecommunications (Telco). The Wireless Segment provides wireless infrastructure services for the four United States wireless carriers, communication tower companies, national integrators, and original equipment manufacturers. These services consist of the installation and upgrade of technology on cell sites and the construction of new small cells for fifth generation (5G). The Telco segment sells new and refurbished telecommunications networking equipment, including both central office and customer premise equipment. This segment also offers its customers repair and testing services for telecommunications networking equipment.