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Friday, 03/01/2019 8:17:28 AM

Friday, March 01, 2019 8:17:28 AM

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Tower One Appoints New Chief Financial Officer

https://finance.yahoo.com/news/tower-one-appoints-chief-financial-130000142.html

VANCOUVER, British Columbia, March 01, 2019 (GLOBE NEWSWIRE) -- TOWER ONE WIRELESS CORP. (CSE:TO) (TOWTF) (1P3N.F) (“Tower One” or the “Company”) announces it has appointed Santiago F. Rossi to the position of Chief Financial Officer (‘CFO’).

Mr. Rossi is a senior financial and business development executive with a history of success in challenging global business environments.

He has over 20 years of experience in highly dynamic and demanding positions with international telecommunications, technology and oil and gas corporations. Described as a persuasive and tenacious business partner, he is recognized for sound decision making ability, a proactive approach to support and motivate others, and has led consensus building initiatives in diverse multicultural environments.

Mr. Rossi has a solid record of success with M&A roles, including leading several negotiations and managing people, processes and systems integration. He managed equity funding and exits transactions with PE firms and international financial institutions.

He has also been a key contributor to the successful build-out of the world’s leading provider of global satellite-based connectivity and media services for mobility markets on land, sea and air, serving more than 400 corporate clients with 6,500 aircraft, 1,600 vessels, 100,000 cruise ship cabins, plus thousands of land based sites in more than 120 countries.

“We are excited to welcome Santiago as our new CFO,” said Tower One’s CEO Alex Ochoa. “Santiago brings extensive financial, operational and strategic experience. This, combined with his knowledge of the telecommunications industry and experience scaling high-growth global companies, will be a huge asset to Tower One as we enter our next phase of growth.”

Notably Mr. Rossi’s relevant telecommunication experience includes the role of CFO at Emerging Markets Communications, now Global Eagle Entertainment, for seven years. His role included overseeing all accounting, financial planning, treasury, legal and IT functions for EMC and its subsidiaries in Europe, North and South America, the Middle East and Africa. He joined EMC in 2006 as Corporate Controller. With a strong background in Corporate Finance, Accounting, Planning and Control and a passion for Business Development, Mr. Rossi has managed transformative industry programs and multiple acquisitions, resulting in notable business growth for EMC.

Additionally, Mr. Rossi was Impsat Fiber Networks, Inc., now Century Link Corporate Finance Manager. Impsat was a leading Latin American telecommunications provider and in his role he was responsible for the financial supervision of the HQ and operating subsidiaries across Latin America.

Mr. Rossi will succeed Abbey Abdiye, who will be taking the role of Chief Accounting Officer.