Virtual Technologies Group Names IT Veteran Dean Marsh as CEO

Virtual Technologies Group (VTG), a leading IT, security, and cloud services firm providing customized solutions with vertical focus in education, non-profit, manufacturing, and healthcare has announced today that it has named Dean J. Marsh as Chief Executive Officer. Mr. Marsh will be responsible for driving the next stage of growth for the company.

Dean Marsh

Mr. Marsh brings over 30 years of experience in driving extraordinary revenue growth in the information technology sector. He particularly specializes in increasing market reach, combining his industry expertise with his knowledge of best practices in product integration and providing comprehensive solutions to solve today's increasingly complex technology issues. Mr. Marsh will lead VTG's strategic growth initiatives together with Tom Allen , President, who will continue to oversee operations at the firm and Mike Curtis , Chief Revenue Officer, who will continue to oversee the firm's sales efforts.

"The team could not be more thrilled to welcome Dean to our firm," said Tom Allen , President of VTG. "Dean's long track-record of driving business growth is no doubt underscored by his deep expertise in all areas of information technology, security, and the successful implementation of best-in-class cloud solutions—all of which are core to what we do at VTG. In Dean, we have found the perfect candidate to lead us into our next stage of development."

Prior to joining VTG, Mr. Marsh was Managing Director of Accenture Cloud First (NYSE:ACN), working with North America's leading corporations to guide their digital business transformation in the cloud. Before joining Accenture, Mr. Marsh was President and CEO of Dassault Systemès Americas Corp., the U.S. subsidiary of the Paris -based engineering design and manufacturing software development company located in Waltham, Massachusetts . There, he led business development across the United States , Canada , and Mexico . Mr. Marsh spent the majority of his career at IBM (NYSE: IBM) where he held several leadership roles, including Vice President of Analytics Solution Sales and Vice President of Cloud Solution Sales.

"VTG has built a reputation as a leading cloud and managed IT solutions company with exemplary client service, clearly driven by an incredibly talented leadership team," said Mr. Marsh. "The firm is set to grow further from here and I feel privileged to have the opportunity to lead that charge."

Mr. Marsh's appointment marks a pivotal period of expansion for VTG. In September of 2022, the firm received an investment from Jacmel Growth Partners (Jacmel), a minority-owned, private investment firm focused on working with midsize companies. Since then, VTG has been strengthening its offerings and as a result, its geographical reach, as part of its long-term growth strategy.

"It's remarkable to see the continued evolution of VTG," said Nick Jean-Baptiste , Founder and Managing Partner at Jacmel. "As a dedicated partner, Jacmel is committed to helping drive further success, and we're excited to see how Dean shapes VTG's story from here."

Mr. Marsh holds a B.S. in Metallurgy and Materials Science from Carnegie-Mellon University and an M.S. in Computer Science from Rensselaer Polytechnic Institute .

About Virtual Technologies Group

Founded in 1962, Virtual Technologies Group (VTG) is a minority-owned and led, single source IT solutions provider, specializing in cybersecurity, infrastructure management, VoIP communications, and other core areas of information technology. VTG prioritizes partner-based relationships to deliver tailored solutions and continues to adapt alongside rapidly developing technological advancements since its inception. Comm-Core , a division of VTG and a leading cloud-based solutions provider for security, surveillance, and telecommunications, works hand-in-hand with VTG to deliver high-quality and competitively priced services for businesses of all sizes. Virtual Technologies Group currently services over 1000 customers nationwide. To learn more, visit https://vtgus.com/ .

Media Contact:
Jansel Murad
Dukas Linden Public Relations
jacmel@dlpr.com

Virtual Technologies Group (PRNewsfoto/Jacmel Growth Partners)

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SOURCE Virtual Technologies Group

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TIME: 10:30am ET
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Dr. Bo-Linn is an accomplished CEO, former Fortune 100 operations executive, and board director with over 25 years of governance expertise at private organizations and public companies across the Americas and Europe. Her board leadership experience at public companies includes her appointment as Lead Independent Director, Chair of every major committee (Audit, Compensation, Nomination/Governance), Chair of Sustainability/ESG, and Chair of the Technology and Cybersecurity committees. Her related current board service includes Flux Power, a leading developer and manufacturer of advanced sustainable lithium-ion energy storage solutions for industrial mobility fleets.

Dr. Bo-Linn has been recognized internationally for her achievements, including by The Financial Times in its 2021 "Top 100" global board director diversity list and the National Association of Corporate Directors in its 2019 "Top 50 Board of Directors" list, recognizing the most influential directors and corporate governance leaders with boardroom excellence in innovation and integrity. In recognition of her contribution to the scientific and technological communities, Dr. Bo-Linn was inducted into the international "Hall of Fame" for Women in Technology and was also named "Top Woman of Influence" by the Silicon Valley Business Journal Until recently, Dr. Bo-Linn was CEO of Peritus Partners, a valuation accelerator which also provided consulting and operations expertise in software (SaaS), IoT, mobile, and digital (analytics, marketing, e-commerce, supply chain, and cybersecurity). Previously, during her 20+ years in senior IBM executive roles, she led global teams as IBM's VP of Indu trial Sector/Electronics, responsible for IBM's software, semiconductor chips, storage, and consulting services.

Lake Executive Chairman Mr. Stuart Crow commented that considering the growing focus on environmental, social and governance considerations in supply chains, which will bring a higher level of scrutiny to issues of sustainability in the lithium mining sector, the appointment of Dr. Bo-Linn is invaluable and timely.

"Dr. Bo-Linn brings highly relevant and extensive experience, particularly in sustainability, governance and the renewables supply chain," said David Dickson, recently appointed CEO and Managing Director of Lake. "Her industry expertise along with her environmental, social and corporate governance (ESG) strategies will position us for growth and the creation of shareholder value, as we transition to a new development stage."

Dr. Bo-Linn has a Doctorate in Education (Ed.D.) in Computer based Information Systems and Organizational Change from the University of Houston and was appointed as Visiting Professor at the joint Columbia University, London School of Business, and Hong Kong University EMBA/MBA program. She also completed the Stanford University Graduate School of Business Executive Certificate Programme.

The appointment of Dr. Bo-Linn follows the appointment of Mr. David Dickson who assumed the role of CEO and Managing Director in September 2022. Mr. Dickson is an industry leader with over 30 years' experience in engineering, construction, and EPC cost management, across the energy sector. He has a proven track record in successfully delivering multi-billion dollar resource projects.

Dr. Bo-Linn will be issued with 232,500 Restricted Stock Units that vest one year after appointment (5 December 2023). Shareholder approval will not be sought for the issue of the Restricted Stock Unit (or their exercise) as Dr. Bo-Linn was not a director of Lake at the time of the negotiations and had no influence over the decision to issue the Restricted Stock Units.




About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects are in a prime location within the Lithium Triangle, where 40% of the world's lithium is produced at the lowest cost.

This method will enable Lake Resources to be an efficient, responsibly-sourced, environmentally friendly and cost competitive supplier of high-purity lithium, which is readily scalable, and in demand from Tier 1 electric vehicle makers and battery makers.

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  • the Company's Management Discussion & Analysis for the year ended December 31, 2023, as required by section 5.1(2) of NI 51-102; and

  • certificates of the Chief Executive Officer and Chief Financial Officer of the Company relating to such audited annual financial statements as required by National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings.

The Company's filing of the Documents has been delayed as both management and the Company's external auditors agreed that additional information and analysis is necessary in order to complete the preparation and audit of the Company's annual consolidated financial statements for the year ended December 31, 2023. The additional information and analysis relates to determination of the fair value related to our carbon credit streaming agreements. The Company expects to file the Documents by May 31, 2024.

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Investor can access Investor Hub and sign up to receive ASX updates and news regularly.

The Company encourages investors to post questions and feedback through the Q&A function accompanying each piece of content and the Company will endeavour to respond, where appropriate.

How to join the Company's Investor Hub:

1. Head to https://investorhub.lakeresources.com.au/auth/signup

2. Follow the prompts to sign up for an Investor Hub account.

3. Complete your account profile.

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About Lake Resources NL:

Lake Resources NL (ASX:LKE) (OTCMKTS:LLKKF) is a clean lithium developer utilising state-of-the-art ion exchange extraction technology for production of sustainable, high purity lithium from its flagship Kachi Project in Catamarca Province within the Lithium Triangle in Argentina among three other projects covering 220,000 ha.

This ion exchange extraction technology delivers a solution for two rising demands - high purity battery materials to avoid performance issues, and more sustainable, responsibly sourced materials with low carbon footprint and significant ESG benefits.



Source:
Lake Resources NL

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(TheNewswire)

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(TheNewswire)

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(TheNewswire)

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