11:41:23 EDT Mon 06 May 2024
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Quisitive Technology Solutions Inc
Symbol QUIS
Shares Issued 408,109,079
Close 2024-04-18 C$ 0.395
Market Cap C$ 161,203,086
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Quisitive names Kunz as EVP of Microsoft Cloud/AI

2024-04-18 16:36 ET - News Release

Mr. Mike Reinhart reports

QUISITIVE ANNOUNCES DAN KUNZ AS EXECUTIVE VICE PRESIDENT OF MICROSOFT CLOUD AND AI DELIVERY ORGANIZATION

Quisitive Technology Solutions Inc. has appointed Dan Kunz as its executive vice-president of its Microsoft cloud and AI (artificial intelligence) global delivery organization, effective April 15, 2024. Mr. Kunz joins Lane Sorgen, executive vice-president of sales and marketing, as leaders of Quisitive cloud and AI solutions.

Mr. Kunz brings over 25 years of portfolio expansion, customer relations, global talent management, P&L (profit and loss) management, sales, and operations experience across the IT (information technology) services industry. Most recently, he served as managing director at Accenture, where he spearheaded multiple modernization programs, including cloud and business transformation. Prior to that, Mr. Kunz was a partner at IBM, where he led multiple cloud adoption and migration programs. He holds an MBA in technology management from the University of Phoenix. Mr. Kunz will lead delivery of solutions and services to customers with a focus on customer satisfaction, technical expertise and innovative service offerings.

Mr. Sorgen also brings over 25 years of experience with prior roles as regional vice-president at Microsoft. He has a depth of experience leading sales organizations, driving offers to market and navigating the Microsoft ecosystem. Mr. Sorgen will lead the sales and marketing organization for Quisitive with an integrated go-to-market strategy, including oversight of AI innovation, industry transformation and Microsoft partnership. Mr. Sorgen and Mr. Kunz will work symbiotically in lockstep to elevate Quisitive's cloud solutions strategy, operations and execution.

"We are delighted to welcome Dan to the Quisitive executive team as our executive vice-president of Microsoft cloud and AI global delivery," said Quisitive chief executive officer Mike Reinhart. "Dan's well decorated background and extensive experience in cloud adoption, migration and implementation, coupled with a strong customer-centric approach, positions him as a vital asset to Quisitive and a strong addition to our existing leadership team. I look forward to the partnership between Dan and Lane as we grow the cloud business in the rapidly accelerating era of AI."

Mr. Kunz will report to Mr. Reinhart, becoming part of the Quisitive executive team that includes Mr. Sorgen, Tami Anders, chief of staff and executive vice-president of people and culture; Steven Balusek, executive vice-president of IT and innovation; and Scott Meriwether, chief financial officer.

Business update

Mazik earnout update: Mazik Global Inc. has achieved the year 2 measurement period net revenue targets, as previously set out at the time that the company acquired Mazik in April, 2021. As such, the former shareholders of Mazik have been paid contingent consideration of 3,391,671 common shares of Quisitive and $1-million (U.S.) in cash.

About Quisitive Technology Solutions Inc.

Quisitive is a premier global Microsoft partner leveraging the power of the Microsoft cloud platform and artificial intelligence, alongside custom and proprietary technologies, to drive transformative outcomes for its customers. The company's cloud solutions business focuses on helping enterprises across industries leverage the Microsoft platform to adopt, innovate and thrive in the era of AI.

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