MultiSensorAI Advances Growth Plan with Additional Leadership Changes

January 7, 2025

DENVER, Colo., Jan 07, 2025 (247marketnews.com)- MultiSensor AI (NASDAQ: MSAI) made additional management team moves to further align with the Company’s strategic growth objectives.

The Company’s Chief Financial Officer (“CFO”), Peter Baird, was appointed Chief Commercial Officer (“CCO”), to accelerate current sales initiatives. Robert Nadolny, the Company’s VP – Controller will take over as CFO. Steve Winch is stepping down as President, but will continue to serve as a member of MultiSensor AI’s Board of Directors.

 

Stuart Flavin, III (“Trip”), MultiSensor AI’s Interim CEO, commented, “Peter Baird will transition from CFO to CCO. Peter has been integral in creating MultiSensor AI’s sound financial foundation and we are fortunate to utilize his deep experience in developing and leading growing organizations. In Peter’s new leadership role, he is positioned to help deliver on our growth objectives through his ability to expand and run our commercial teams, as we continue our mission to provide value-added cloud and edge solutions to organizations globally.

 

“The Board and I want to thank Steve Winch for his many contributions to transform and to competitively position MultiSensor AI over the past four years, guiding the Company from a family-owned enterprise to a Nasdaq-listed public company. Steve played an integral role in leading the organization through the SPAC process, taking the Company public, and executing the recent capital raise to further strengthen the balance sheet, which were all major strategic milestones for the Company. While Steve is stepping out of his role as President, we are very fortunate to retain him as an active Board member as we pursue our long-term growth strategy and continue delivering value to our stakeholders.”

 

Baird added, “Since joining the MSAI team in August 2024 as the VP – Controller, Robert has seamlessly integrated into the organization, identifying key opportunities for improvement and driving impactful change. His ability to deliver measurable results and implement effective solutions in a short period has helped the Company address challenges and improve our position for long-term success.”

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