Internet of Things Inc. Names Ron Shuttleworth As CEObr>
Internet of Things Inc., a strategic investor and operator of emerging technology companies with IoT, AI and blockchain solutions, has appointed Ron Shuttleworth as its chief executive officer. Shuttleworth succeeds Michael Frank, who has been with the company since inception and has stepped down to pursue other business opportunities.
“On behalf of Internet of Things Inc., I would like to thank Michael Frank for his time, efforts and commitment and wish him the very best in his future endeavours,” said Khurram Qureshi, CFO of IoT Inc. “The Company is entering a stage of rapid growth, with global demand for data driven scalable industrial technologies at an all-time high. IOT Inc., now has a senior leadership team with the experience to support both our current business units and the successful execution of our long-term strategy.”
Shuttleworth brings 25 years of experience in the technology sector as an operator, investor, analyst and investment banker, specializing in M&A and financings. As an operator, he has held positions of CEO, CTO and product manager with direct experience in FinTech, enterprise software, and marketing automation. Shuttleworth also has experience as a venture capitalist, investing in early stage technologies, and as a hedge fund analyst responsible for selecting stocks and balancing risk in a portfolio. He was also a top-ranked research analyst for eight years, specializing in technology, media, and communications.
“I am excited to join this emerging enterprise and to bring my experience in building companies, introducing deal flow and raising capital,” said Shuttleworth. “I am inspired by the vision that Michael Frank and his team have implemented for emerging technologies and thank him for the foundation that has been put in place. I am looking forward to leading Internet of Things Inc. to its next stage of growth.”
The company owns Weather Telematics Inc., has a joint venture partnership, New Hope IoT Intl Inc., with New Hope Data Technology Co. Ltd., and has its headquarters in Toronto, Canada.