ZenaTech Bolsters Leadership Team with Key Appointments in AI and Drone Technology

4 Sources

ZenaTech, a company specializing in AI drone solutions and enterprise SaaS, announces significant leadership changes including a new CTO and VP of Corporate Development, signaling a strategic move to strengthen its position in the AI and drone technology sector.

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ZenaTech Announces Key Leadership Appointments

ZenaTech, Inc. (NASDAQ: ZENA), a technology company specializing in AI drone solutions and enterprise SaaS, has announced significant changes to its leadership team. The company, which focuses on leveraging artificial intelligence for drone technology and software solutions, has made three key appointments to strengthen its management structure 123.

New Chief Technology Officer

Sajjad Asif has been promoted to the position of Chief Technology Officer (CTO). Previously serving as ZenaTech's Vice President of Technology, Asif brings 18 years of professional experience in software and drone technologies to his new role. His background includes leadership positions in various European technology companies, making him well-suited to drive ZenaTech's technological advancements 23.

Asif's educational background is impressive, with a Master of Science in Software Engineering from Blekinge Tekniska Högskola in Sweden, an MBA from AIOU in Pakistan, and a BS in Computer Science from PUCIT in Pakistan 23.

Vice President of Corporate Development

Linda Montgomery has joined ZenaTech as the new Vice President of Corporate Development. With over 20 years of experience leading investor relations, business development, and marketing for international technology companies, Montgomery brings valuable expertise to the team. Her track record includes leading investor relations for five IPOs, which could be crucial for ZenaTech's future growth strategies 23.

Montgomery's educational background includes two degrees in business and marketing from the University of Manitoba and the University of Winnipeg, as well as an investor relations professional accreditation (CPIR) from the Ivey School of Business at Western University 23.

Company Secretary Appointment

Craig Passley has been appointed as the new Company Secretary. Passley, currently a construction management executive at M/I Homes (NYSE: MHO), brings experience from his previous role as Corporate Secretary for the publicly traded company Epazz from 2005 to 2016. His diverse educational background includes a bachelor's degree in engineering, a master's degree in project management, and an MBA 23.

ZenaTech's Market Position and Future Outlook

ZenaTech has positioned itself as a key player in the AI drone solutions and enterprise SaaS market since 2017. The company boasts over 100 enterprise software customers across law enforcement, government, and industrial sectors. Its drone technology is also being implemented in agriculture, defense, and logistics 234.

With offices across North America, Europe, and the UAE, ZenaTech is expanding its global reach. The company's focus on AI-driven solutions for inspection, monitoring, safety, security, compliance, and field service processes demonstrates its commitment to driving operational efficiencies and cost savings for its clients 234.

Market Response

The announcement of these leadership changes appears to have been well-received by the market. ZenaTech's stock price traded 4.6% higher during after-hours trading on the day of the announcement, suggesting positive investor sentiment towards these strategic appointments 1.

As ZenaTech continues to evolve in the competitive AI and drone technology landscape, these leadership changes may play a crucial role in shaping the company's future direction and market position.

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