Tucows announces hiring of Ivan Ivanov as new CFO

TORONTO, June 28, 2024 /PRNewswire/ – Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global leader in Internet services, today announced that it has appointed Ivan Ivanov as the new Chief Financial Officer (CFO), effective August 5, 2024. Ivanov succeeds Dave Singh, who has been with Tucows since 2017, as he steps down to pursue other opportunities.

“I am delighted to welcome Ivan to the Tucows family. Ivan is an accomplished business leader with highly relevant financial expertise, including strategic capital management, which will make him an excellent addition to our organization,” said Elliot NossCEO of Tucows. “I would also like to sincerely thank Dave for his impact on the company over the years. Under his leadership, Tucows has gone through significant changes in our business and our industry and I am grateful to him for all the contributions he has made. »

“I have truly enjoyed my time as part of the Tucows leadership team and am proud of the many contributions we have made in building the company,” said Singh. “I look forward to continuing to champion Tucows’ trajectory from the sidelines.”

As the new CFO, Ivanov will report to Elliot Noss Ivan brings over 22 years of industry experience to the role. Prior to joining Tucows, he served as Executive Director and Business Unit Chief Financial Officer at Verizon, where he led the consumer and business finance teams. Ivan began his career at Verizon on the M&A and Corporate Development team, before progressing to various other financial specialties, including cash flow planning, network and IT capital allocation, and commercial finance, where he led Verizon’s fiber deployment program.

“I am delighted to take on the role of CFO at Tucows,” added Ivan Ivanov. “The company is at a pivotal moment, and what appeals to me is the tremendous opportunity to leverage my skills and experience to advance Tucows’ mission and generate long-term growth and value for our stakeholders.“

Ivanov holds a master’s degree in accounting from Seton Hall University and is a Certified Public Accountant with the New Jersey State Board of Accountancy. He is also a graduate of Drexel University with a Bachelor of Arts in Finance.

About Tucows

Tucows helps connect more people to the Internet through communications services technology, domain services, and fiber Internet infrastructure. Ting (https://ting.com) offers fixed fiber Internet access with exceptional customer support. Wavelo (https://wavelo.com) is a telecommunications software suite for service providers that simplifies mobile and Internet access management; provisioning, billing, and subscription; developer tools; and more. Tucows Domains (https://tucowsdomains.com) manages approximately 25 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and ISPs. Hover (https://hover.com) makes it easy for individuals and small businesses to manage their domain names and email addresses. More information can be found on the Tucows corporate website (https://tucows.com).

Tucows, Ting, Wavelo and Hover are registered trademarks of Tucows Inc. or its subsidiaries.

This release includes forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, including statements regarding our expectations regarding our future financial results and, including, without limitation, our expectations regarding our ability to realize synergies from the Enom Acquisition and our expectations regarding the growth of Ting Internet. These statements are based on management’s current expectations and are subject to a number of uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Information about other potential factors that could affect Tucows’ business, results of operations and financial condition is included in the Risk Factors sections of Tucows’ filings with the Securities and Exchange Commission. All forward-looking statements should be evaluated in light of their inherent uncertainty. All forward-looking statements are based on information available to Tucows as of the date they are made. Tucows assumes no obligation to update forward-looking statements, except as required by law.

SOURCE Tucows Inc.