Logiq Inc. (NEO:LGIQ.AQN, OTCQX:LGIQ), a provider of consumer acquisition solutions, has unveiled a sweeping restructuring of the company’s senior management team in order to better execute the company’s strategic goals focused on customer acquisition and “opportunistic” mergers and acquisitions (M&A).
The New York-based technology company noted that the changes are “effective immediately” and Logiq co-founder and executive chairman Brent Suen has been appointed chief executive officer, a role he previously held for seven years from 2014-to-2020. He now succeeds Tom Furukawa.
“Logiq has grown tremendously and rapidly evolved in just the past two years,” newly appointed CEO Suen said in a statement. “With the pending spin-off of our mobile commerce business AppLogiq, our acquisitions of Push, Fixel and Rebel firmly integrated with solid customer traction underway, our entry into data-driven digital marketing is complete and we have the platform to move forward on customer acquisition as well as opportunistic M&A.”
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Logiq’s management shuffle is a “positive step” aimed at increasing the company’s financial performance and shareholder value.
Suen thanked Furukawa and former Logiq chief operating officer Steven Hartman for their contributions.
“I greatly appreciate the commitment and execution that Tom Furukawa and Steven Hartman have contributed to the organization, and we sincerely wish them well in their next opportunities,” added Suen. “Logiq is energized, and I believe this reorganization reinforces the nimble organization Tom and Steve helped create.”
The significant management changes made by Logiq look like this:
- Logiq Co-Founder and Executive Chairman Brent Suen takes over as CEO succeeding Tom Furukawa.
- Chief of Staff John MacNeil has been appointed Chief Operating Officer, a role he previously held from December 2019 to November 2020. He succeeds Steven Hartman.
- Haig Newton, President of DataLogiq, former head of Logiq Consumer Marketing and co-founder of Push Interactive, will lead the company’s strategy and vision.
- Manny Puentes, founder of Rebel AI, will lead Product Development. Logiq acquired Rebel AI in March 2021.
- Bennett Robinson, SVP of Product, has been active in compliance and data protection initiatives and will lead those efforts.
- Chris Jahnke, co-founder of Push Interactive, which Logiq acquired in early 2020, has been promoted to Executive Vice President Media.
- Toni Bounds, a Digital Media Specialist for DataLogiq, has been promoted to VP Re-engagement.
- Paige Colleredo has been hired as Logiq’s Senior Media Director.
- Chad Phillips has been appointed Senior Vice President Growth.
- David Niaz has been appointed Senior Vice President Engineering.
Logiq is a US-based leading global provider of e-commerce, customer and fintech business enablement solutions. Its DataLogiq business provides a data-driven, marketing and consumer acquisition solution.
Meanwhile, the company’s AI-powered LogiqX data engine delivers consumer insights that enhance the ROI of online marketing, while the firm’s Fixel technology offers simplified online marketing with key privacy features.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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