$CADY - Digital Caddies, Inc. Announces Appointment of Mike Carney to The Companys Board of
Directors
SCOTTSDALE, AZ, United States, via ETELIGIS INC., 08/08/2014 - - Digital Caddies, Inc. (OTCPK: CADY), a leader in the on-course delivery of technology services and content to golfers, is pleased to announce the appointment of Mike Carney as an independent director of the firm.
Carney, 38, has 17 years of experience working within executive teams and with CEOs, board directors and professional investors around the globe in transformation initiatives. He is an expert in strategy execution, M&A, functional process design, FP&A and market/economic analysis. Presently, Carney is the co-founder, CFO and SVP of Corporate Development and Commercial Operations for AGC Networks Inc., a global technology solutions integrator. Prior to co-founding AGC's business in the U.S., Carney's experience included senior leadership and advisory positions with other leading edge communication technology and network solutions companies including Sagenet and XETA Technologies. Carney also had been a strategy consultant serving clients in the technology, health care and industrial sectors. He was an analyst and investment banker for several U.S. investment banks where he worked with hundreds of companies in multiple sectors, developed a strong institutional investor following and was widely quoted in the financial and business press.
"We are delighted to welcome Mike to our board of directors," said Mike Loustalot, Digital Caddies' president. "He brings a wealth of knowledge and experience to our young firm, and we will clearly benefit from his significant experience guiding small companies as they grow. Mike will also provide a new perspective to our board as it relates to our strategy, operations and corporate governance as we continue to focus on delivering value for our clients, advertisers and shareholders."
"I am very excited to be joining the board and working with the Digital Caddies team," said Carney. "Digital Caddies has a solid business model and is using technology to connect golf course operators, golfers and advertisers in new and exciting ways. I look forward to helping Digital Caddies monetize its platform and extend its leadership role in the delivery of on-course content to the very lucrative golfer demographic."
Carney received an MBA from Texas Christian University with an emphasis in investments and business law. He was the first recipient of the Communications Excellence Certification from the M.J. Neeley Center for Productive Communication. He also holds a B.A. in economics and completed the Business Economics Program with a specialization in money and banking from the University of Texas in Austin. Carney is a CFA charter holder and member of the CFA Institute.
