TORONTO – TeraGo Inc. announced today Philip Jones will be the company’s new chief financial officer, effective May 24, 2022.
Jones is taking over the role from TeraGo’s vice-president of finance and interim CFO Andy Ramsey, who is moving on from TeraGo to pursue other opportunities, according to a press release.
“Jones brings more than 25 years of financial experience, with 18 of those years in CFO roles across public and private corporations within the software, technology, and media industries space,” the release says.
He previously served as CFO of Redline Communications and prior to that, served as CFO of Maru Group North America, Mundo Media Ltd., VFM Leonardo Inc. (now Leonardo Worldwide Corporation) and Exposoft Solutions Inc.
Jones earned a Bachelor of Arts degree in economics from the University of Western Ontario and has CPA/CA and Corporate Finance designations from CPA Canada.
“On behalf of the TeraGo management team, I would like to welcome Phil to our organization,” said TeraGo CEO Matthew Gerber, in the release.
“After a comprehensive vetting process that lasted more than seven months, we found the right person to lead our finance team during this dynamic, pivotal period in our company’s history. Phil’s prior tenure in multiple CFO positions, in conjunction with his hands-on approach and industry knowledge base makes him the ideal person for the CFO role at TeraGo. Our team is looking forward to working closely with Phil as we grow our fixed wireless access business and move to become Canada’s leading provider of mmWave 5G private networks,” he said.
“I also want to thank Andy Ramsey for his contributions to TeraGo. Andy has done a phenomenal job in helping to execute the divestiture of our Cloud and Colocation business, orchestrating the internal operations of our finance team and ensuring that all of our public financial statements were submitted in a timely manner. Our entire team thanks Andy for his service to TeraGo for the past five years and wish him the best in his future endeavors.”
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