NowVertical Appoints Andre Garber as Interim CEO of the Company

Executive Summary

• NowVertical Group Inc. has appointed Andre Garber, currently Chief Development Officer and company co-founder, as Interim CEO effective immediately.
• The Board of Directors has initiated a search for a permanent CEO to guide the company through a new growth phase focused on enterprise data and AI transformation.
• Former CEO Sandeep Mendiratta has concluded his tenure, with operational leadership transitioning to Garber while supported by the existing senior executive team.

Key Details

• Andre Garber appointed as Interim CEO, effective immediately.
• Garber is a co-founder of the business and currently serves as Chief Development Officer.
• Former CEO Sandeep Mendiratta has concluded his tenure.
• Board of Directors, led by Chair Elaine Kunda, has commenced a search for a permanent CEO.
• Permanent CEO criteria include experience/expertise in leading enterprise data and AI transformation, scaling a global multi-geography services business profitably, and driving M&A integration and organic growth.
• Garber will be supported by senior leadership: Santiago Trógolo (EVP LATAM), Shailesh Mallya (EVP Solutions & Services), and Pankaj Ghag (EVP Program Delivery and Operations).
• NowVertical operates as a global data and analytics company providing AI-infused first-party and third-party technologies to optimize decision-making and improve operational efficiency across industries and geographies.

Notable Quotes

• Elaine Kunda, Board Chair: “In a dynamic and ever-evolving business environment, the Board has maintained a well-established track record of ensuring NowVertical has the right leaders in place to support the growth of business... We are grateful to Andre for his continued stewardship while we transition to new leadership at an exciting time in our history as a company.”
• Andre Garber, Interim CEO: “Our customers, employees and shareholders can rest assured that our team remains laser focused on executing on the exciting opportunity set in front of us... We remain well positioned to continue to execute on strong and growing demand for AI-infused solutions and delivery.”