DigitalTown, Inc. (OTCMKTS:DGTW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 8, 2018, George Nagy, a member of the Board of Directors, was appointed as Chief Operating Officer of the Company
On August 8, 2018, David Carter was appointed Chief Financial Officer. There have been no transactions between Mr. Carter and the Registrant during the prior fiscal year which would be required to be reported to Item 404(a) of Regulation S-K that have not already been reported on Form 10-K.
There are no family relationships between Mr. Nagy and an officer or director of the Company.
Following is a brief description of Mr. Carter’s business experience:
David Carter is principal of DK Consultancy Inc / InTune Communications and advises startup companies in the blockchain and cryptoasset spaces. Most recently, Mr. Carter was EVP with 3iQ Corp, a digital asset Investment Fund Manager in Toronto, Canada.
Mr. Carter’s experience spans technology solutions, health care and legal services, and non-profit governance.
Mr. Carter is on the Advisory Board of Blockchain Canada, and is Vice-Chair and Chair-Elect of the Board of Governors of Ridley College, one of Canada’s leading independent educational institutions
Mr. Carter holds a Bachelors of Economic from Western University, a CPA (Chartered Professional Accountant, CA, Canada) and is a former Certified Fraud Examiner.
The Company believes that Mr. Carter’s knowledge and experience in financial information and technology makes him a suitable Chief Financial Officer.
About DigitalTown, Inc. (OTCMKTS:DGTW)
DigitalTown, Inc. offers DigitalTown, a platform for hosted Smart City Management. DigitalTown is an integrated search, community and commerce platform for both Web and mobile devices. DigitalTown powers connected online communities that enable members of a community to find information, and acquire the goods and services they need locally where possible. Residents and visitors can use a DigitalTown powered search engine to access content, community and commerce from a search tool. If there are local vendors that can fulfill a product or service that relates to a search term, then these options are presented to the user. It provides community tools to keep community members connected. The DigitalTown platform provides merchants with turnkey solutions for online commerce. The DigitalTown platform creates online and mobile communities. The Company also provides local booking for local services across its network of DigitalTowns. It also offers dining and lodging services.