AVCtechnologies Hires Chief Growth Officer to Accelerate Business Opportunities
April 06 2021 - 8:15AM
American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT), a
leading cloud communications and IT service provider, today
announced the appointment of Dr. Louis J. Hutchinson, III as its
new Chief Growth Officer. In this new role, Hutchinson will be
responsible for leading the Global Sales, Marketing and Corporate
Communications strategy for the company.
As an experienced business executive in the technology and
energy industries, Hutchinson brings more than 20 years of
leadership expertise, most recently serving as Chief Revenue
Officer for WGL Holdings. At WGL Holdings, he contributed to
consistent earnings per share growth of approximately 20 percent
annually. Hutchinson also served as Senior Vice President of the
global public sector and energy efficiency sales at Constellation
Energy, an Exelon Company, where he established a new value
proposition and marketing approach utilized by the entire Exelon
organization. Under Hutchinson’s leadership, revenue at
Constellation grew from $1.2M to $6B.
“Lou has a proven track record of developing and executing
business strategy while boosting sales and market share,” said
Xavier Williams, CEO of AVCtechnologies. “To achieve our commitment
to provide top-of-the-line communications, IT services, and
cybersecurity solutions to our customers in a way that is authentic
to our growing brand, we need the right executives, like Lou,
on-board to support that vision. Lou’s guidance will be crucial to
the next phase of growth for AVCtechnologies.”
In the past year, AVCtechnologies has grown through the
acquisitions of Computex, a leading IT solutions and managed
service provider, and Kandy Communications, a cloud-based real-
time communications solutions platform. AVCtechnologies now
provides a full suite of industry- leading unified
communications-as-a-service (UCaaS), contact center-as-a-service
(CCaaS), and communications platform-as-a-service (CPaaS) products
strengthening the company’s ability to deliver a comprehensive set
of cloud solutions and managed service offerings to our customers.
The company is well-positioned to capitalize on the massive growth
opportunity currently present for cloud technologies. Garner
recently predicted that IT spending shifting to the cloud will
accelerate with cloud services, projected to make up to 14.2% of
the total global enterprise IT spending market in 2024.
“I am honored to join the AVCtechnologies team and to lead the
company through the next stage of intentional and sustainable
growth,” said Hutchinson. “Throughout my career, I’ve been
privileged to help transform organizations into consistently
profitable enterprises that efficiently operate to meet and exceed
expected output. I look forward to working with the diverse and
robust solutions and capabilities offered by AVCtechnologies, to
support the incredibly talented team and to build upon the
company’s foundation of early success.”
Hutchinson earned his Bachelor of Science in Computer Science
and Statistics from the George Washington University, a Master’s in
Divinity and a Doctorate of Theology at Wesley Theological
Seminary.
About American Virtual Cloud Technologies,
Inc.
American Virtual Cloud Technologies, Inc. (“AVCT”; Nasdaq: AVCT)
is a premier global IT solutions provider offering a comprehensive
bundle of services including unified cloud communications, managed
services, cybersecurity, and enhanced connectivity. Our mission is
to provide global technology solutions with a superior customer
experience. For more information, visit
https://www.avctechnologies.com.
PressJackie D’AndreaInkhouse, LLC
avctechnologies@inkhouse.com
Investor RelationsThomas H.
Kinginfo@avctechnologies.com
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