Reginald Jaramillo Promoted to President of Telecommunications President of Telecommunications
On July 20, 2020, the Company promoted Reginald Jaramillo to President of Telecommunications. Mr. Jaramillo began his career with ADDvantage Technologies in 2019 serving as the company’s Director of Financial Planning and Analysis where he developed planning and analysis processes from the ground up. He was born into an entrepreneurial family and grew up working in the Leal’s Mexican Foods family restaurant businesses located in West Texas and Eastern New Mexico. Subsequently, he spent five years working in the financial services industry for Wells Fargo Financial and American General Financial Services. Prior to joining the company, Mr. Jaramillo worked for 15 years in the telecommunications industry for Cox Communications, Time Warner Cable and most recently Suddenlink Communications (Operated by Altice USA NYSE: ATUS) where he spent 10 years serving in various fiscal and operational leadership role, which included VP of Fiscal Operations, VP of Business Planning, and VP of Field Operations.
On July 20, 2020, the Company confirmed Jimmy Taylor as the permanent President of Wireless Services. Mr. Taylor is a 35-year veteran of the wireless infrastructure and telecommunications industries. He has extensive experience in both operational leadership, business development and mergers and acquisitions creating a solid foundation for process improvement as well as organic and transactional growth. Taylor has held multiple senior leadership roles, particularly in site development and deployment. He started his telecom career with GTE and Houston Cellular a and then joined Crown Castle International, one of the world’s largest tower asset management companies. He was the Regional VP of Southwest for Crown Castle for almost 8 years, where he was responsible for site development, deployment and leasing operations. He also served as President of Cotton Telecom, VP of Site Development at Goodman Networks, and more recently President of the Teltech Group.
Item 8.01. Other Events.
On July 20, 2020, the Company issued a press release announcing the promotion of Reginald Jaramillo to President of Telecommunications and the confirmation of Jimmy Taylor as permanent President of Wireless Services. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is furnished herewith:
99.1 Press Release, dated July 20, 2020, issued by the Company
ADDVANTAGE TECHNOLOGIES GROUP INC ExhibitEX-99.1 2 press_release_7-20-20.htm PRESS RELEASE 7-20-20 Exhibit 99.1 ADDvantage Technologies Announces Two Senior Executive Appointments Reginald Jaramillo Promoted to President of Telecommunications; Jimmy Taylor Named Permanent President of Wireless Services Carrollton,…
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About ADDVANTAGE TECHNOLOGIES GROUP, INC. (NASDAQ:AEY)
ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services a range of electronics and hardware for the cable television (Cable TV) and telecommunications (Telco) industries. The Company provides equipment repair services to cable operators. The Company has two segments: Cable Television (Cable TV) and Telecommunications (Telco). The Company’s Cable TV segment sells new, surplus and refurbished cable television equipment to cable television operators or multiple system operators (MSOs) or other resellers that sell to these customers throughout North America, Central America, South America and to other international regions. The Company’s Telco segment offers its customers a range of used telecommunication equipment across various manufacturers consisting of component parts to expand capacity, provides spares or replaces non-working components. The Telco segment’s switching equipment products originate, terminate and route voice traffic.
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