Nextech AR Solutions Corp. (CSE:NTAR, OTCQB:NEXCF) said it has appointed Melea Guilbault as chief executive officer of Map D, its wholly owned event tech platform.
Guilbault brings more than 30 years of experience in high-growth companies inclusive of technology, pharmaceuticals, and community-based organizations, and brings extensive commercial, operational and executive management experience, Nextech AR said.
In a statement, Nextech AR CEO Evan Gappelberg commented: “I’m confident that the appointment of Melea as CEO of Map D will accelerate our sales growth rate, expand our offerings and unify our 3D and AR technologies with Map D."
"Our shared aim is to bring innovative 3D and AR experiences to event attendees, exhibitors and event planners. We welcome Melea to the Nextech family and I’m very excited to have Melea take Map D to the next level of its growth.," he added.
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Most recently, Guilbault served on the executive team as senior vice president of cloud-based software provider Community Brands and Yourmembership leading commercial growth functions of sales, channels, strategic partnerships, and marketing through the company's expansion from a single vertical provider of membership software, into a multi-vertical integrated software and e-commerce provider to associations and non-profits, K12 schools and faith-based organizations.
As a core member of the executive team at YourMembership, Melea helped build and scale the company to 30% annual recurring revenue (ARR) growth that returned 9.5 times cash on cash and 75%-plus internal rate of return (IRR). She was also responsible for commercial strategies for multi-product software as a service (SaaS) and integrated payments company providing membership, event and engagement management solutions – driving top-line growth by 10 times, EBITDA growth of 15 times and market-leading net promoter scores.
Prior to her role at Community Brands, Guilbault spent 20-plus years in various operational and executive roles at Absolute Mobile Solutions, Tampa Bay Tech, Medtronic, Bristol-Myers Squibb, Takeda, and Meda Pharmaceuticals.
Commenting on her new role, Guilbault said: “I’m honored and energized to assume this new leadership position of Map D. I believe the combination of Nextech AR and Map D’s innovation and development of a modern event management suite offers event planners the most comprehensive and easy-to-use tools to manage their events end-to-end."
“Events play a pivotal role in bringing education, commerce and people together, and Map D and Nextech AR are at the forefront of delivering exceptional experiences in person and in the metaverse," she added.
Map D is a self-serve event tech platform and management software solution that provides clients with an extensive set of features and tools for managing most events.
Nextech AR Solutions is the engine accelerating the growth of the metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the metaverse.
Contact the author at jon.hopkins@proactiveinvestors.com