Spindle, Inc. (OTCMKTS:SPDL) 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.
(a) Appointment of Director
On September 13, 2017, the Board of Directors appointed Michael Kelly to Spindle, Inc.’s (the “Company”) board of directors effective immediately.
Michael Kelly is currently the Chief Executive Officer of Alpha Bay, a leading cloud-based, SaaS and mobile commerce platform that offers a transformative point-of-sale technology to developers and retailers of all sizes. Kelly retired from DISH Network (“Dish”) where he served as executive vice president. A 15-year veteran of Dish, he joined the company in 2000 after it merged with his Kelly Broadcasting Systems (“KBS”). Most recently, Mr. Kelly served as president of Dish’s Blockbuster unit. While at Dish, Mr. Kelly led the development of its international programming business and was responsible for launching more than 50 international networks.
Mr. Kelly served as an executive vice president at Dish for more than a decade, leading direct sales, commercial sales and advertising sales operations. He spearheaded Dish’s advertising venture with Google called “Ad Sense for TV” and facilitated Dish’s role as a launch partner in the Google TV platform. Mr. Kelly was also responsible for several innovative projects including an automated anonymized set top box audience measurement platform and Dish’s successful set top box addressable advertising network.
While heading up Dish’s customer care division, the company received top industry rankings from the American Customer Satisfaction Index (ACSI) and J.D. Power and Associates. Mr. Kelly also led many of Dish’s acquisitions and strategic investments during his tenure. Mr. Kelly founded Kelly Broadcasting Systems in 1991, which operated satellite transmission facilities around the globe. KBS licensed and distributed international radio and television programming from countries like Brazil, Croatia, Egypt, Greece, Holland, Italy, India, Jordan, Lebanon, Pakistan, Portugal, Russia, Saudi Arabia and the UAE. While at KBS, he was named the Ernst and Young 1998 Entrepreneur of the Year.
About Spindle, Inc. (OTCMKTS:SPDL)
Spindle Inc. (SPDL) provides commerce solutions for payment processing services, point-of-sale systems, and customer marketing to small and medium sized businesses. The Company enables businesses to sell their goods and services, accept payment, and create repeat sales though payment processing and marketing and loyalty programs. It operates as a payment facilitator (PF), which offers instant boarding to its merchants, and the Company has added traditional merchant services to its offering. The Company’s Yowza!! branded point-of-sale (POS) platform supplies business with a full commerce solution, which provides critical business functions, online ordering, inventory management and menu management, online ordering, mobile payment acceptance and Eurocard-MasterCard-Visa (EMV) compliance. It operates a self-service PF platform. As a PF, it provides services to merchants under a process defined by the card associations as Aggregation or Master Merchant.